FOYC

Random musings on energy, education and finance. Opinions my own. Not investment advice.

[FOYC @FOYCInvest]

@TeddyGambino It’ll be interesting to see populism’s response when prices rate higher. I recall in early 2010a when the chemical companies lobbied for LNG export bans to maintain low input costs for their plants….

[FOYC @FOYCInvest]

@Leonard68969460 @MichaelSLinden The size of the pie is not fixed. Who gets how much pie is limited by the size of the pie. Not everyone can be a billionaire.

Source: https://t.co/iEAdOmLD79

[FOYC @FOYCInvest]

@Leonard68969460 @MichaelSLinden I have no issue with people becoming rich. The challenge is when looking back 30 years ago, those at the lower end of the spectrum shared a larger percent of the pie. When one feels they don’t get a fair shake, however one defines fair, we end up with extremist sol’ns.

[FOYC @FOYCInvest]

@Bunch0numb3rz @jakehalloran1 @agraybee Median household income -$85k. Employer subsidized insurance premiums (employer + employee share) - $15k. This is a 17% stealth tax.

[FOYC @FOYCInvest]

@texasrunnerDFW We as a society have decided that the individual has to take on this debt, as opposed to tax dollars to help subsidize the cost. This is very different to how it was even one generation ago.

[FOYC @FOYCInvest]

@MaxUtilitarian @fwrenzo1 US has a relative wealth problem, not an absolute wealth problem.

In 1990 top 0.1% held 8.7% of the nation’s wealth. Today it’s 14.1%.

It’s understandable why people feel like they are left behind and can’t have an existence similar to those who came before them.

[FOYC @FOYCInvest]

@SashaGusevPosts US has a relative wealth problem not an absolute wealth problem.

[FOYC @FOYCInvest]

@infraa_ @PressSec She’s conflating absolute wealth and relative wealth.

[FOYC @FOYCInvest]

@WallStreetMav If the ballot is postmarked on Election Day, then how is that different than voting in person on Election Day? Should your tax return be accepted by the IRS before April 15 or postmarking by then good enough ?

[FOYC @FOYCInvest]

@WallStreetMav How is this any different than having your tax return postmarked by April 15?

[FOYC @FOYCInvest]

@StealthQE4 Should be interesting if the fed raises rates and the top 20% pulls back on spending.

[FOYC @FOYCInvest]

@StealthQE4 Rate cuts in 2018/2019 were a mistake IMO. It was a way to taper off the heroin of ZIRP, but country unwilling to take the pain. Had rates not been cut, when Covid came around there would’ve been more room to maneuver.

[FOYC @FOYCInvest]

@evan7257 Imagine the response if required reading came out of the Torah or Quran instead.

[FOYC @FOYCInvest]

@EnergyCynic IR regime is reprehensible. Unfortunately that change can only come from within and not from external action.

[FOYC @FOYCInvest]

@EnergyCynic Oddly, Trump’s capitulation may lead to a period of peace in the region.

SA and UAE have been diversifying their economies. Full removal of sanctions may allow Iran to do the same.

Remember, actions by those in ME are for internal political reasons. ..

[FOYC @FOYCInvest]

@JFracson I’m viewing from a supply lens there are plenty of new volumes coming from green fields. I view VZ as green field from what has happens over last decade.

[FOYC @FOYCInvest]

@JFracson https://t.co/BuJrLpzqR3

[FOYC @FOYCInvest]

@RobertClarke_WM Thx for sharing.

Article suggests 0.5 mmbopd displaced by gas by 2030.

If VZ sanctions end, another 2.0-2.5 mmbopd in adds.

Guyana / Suriname add 1.0 mmbopd.

Seems to explain flatness of oil futures out to 2030….

[FOYC @FOYCInvest]

@JFracson Incremental adds of 0.5-1mm bopd for both Guyana and VZ.

[FOYC @FOYCInvest]

@JFracson Agree with US growth constrained by price, as it’s the swing bbl, but places like Guyana will grow regardless of price. VZ has to get bbl back on market to recover economy…