America's Secret Weapon To Win The A.I. War | Doomberg

As today's guest rightfully often repeats "Energy is life"

Without it, there is no economy. No means to power the systems society depends on.

And, like it or not, the world still runs on hydrocarbons -- most especially oil.
Well, oil is in an interesting place right now. It's starting to become cheap again. After trading near $120/barrell following the Russian embargo ensuing from the war in Ukraine, it's now nearly half that -- trading at $67/barrel the day of this recording.

New technologies are creating oil substitutes from natural gas condensates.

And the OPEC cartel, which has exerted control over world oil supply and therefore price, suddenly looks in danger of losing its grip.

What do all these mean for the future of oil? And in turn, for the economy?

And where are the best opportunities for investors?

To find out, we have the good fortune today to sit down with the green chicken himself, energy analyst Doomberg.

#oil #ai #naturalgas
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[jasoncatt]

I love it that Adam is having a discussion with a giant green chicken as if it's totally normal.

[pirahnalasagne]

What's that saying... 'Control the food, control the people. Control the energy, control the nation. Control the money, control the world.' ...or something along those lines. ...comforting to know in Australia that we import natural gas that we previously exported. Our government is full of visionaries.

[RachelCunningham-utks]

if world economies are doing so well, why are central banks cutting rates?

[mattanderson]

Thank you so much for getting the doom chicken back
He might be green, but he knows his stuff


Brilliant discussion, I enjoyed listening to that

Thank you Both

[ocox]

Adam: “All wars are about resources”

Except for the war in Ukraine, which is clearly about saving democracy in Ukraine 😂😂😂

[zinmintun]

Next time, please discuss the role of silver in energy. People want to know how much does silver can contribute to AI / energy need.

[v.annabonac]

The reliably new information by Doomberg and the relevant questions by Mr Taggart.

[williampommeranz]

Grid level storage needs to be discussed more objectively. I respectfully disagree that battery storage is economical or scalable in its present form.

20.7 GW of storage (for a period of maybe hours) compared to 1300 gigawatt indefinitely. GW (power) is also the wrong unit to compare. It is KWH (energy) we should evaluate.

Then there is the cost of storage. One day's worth of battery backup (energy) for usa is in the hundreds of trillion $.

[KevinintheUSA]

Best podcast on your new channel by far. Thank you, Adam.

[dawnblack]

I took a hiatus for the weekend, and of course, it would be another news-worthy weekend. It's on purpose that it is on the weekends in case it isn't successful, as it turned out. Thank you for the analysis, guys. Much appreciated.

[nancygreen]

The experts who are controlling these new innovative areas haven't been doing too well lately. Especially our government losing millions of dollars on solar panel companies, on the electric car, we're not ready for this and they're taking too large steps too quickly and it's costing the taxpayer a lot of money. Too many risks and not thought out.

[jackwalsh]

There should be "Doomberg" chicken served up in every pot with a side of "Green Chile" and "Sriracha Hot Chili Sauce"

[timferguson]

Great content Adam. I love your podcasts.

[garrettpatten]

Yo I loved the Doomberg section and I also really appreciated the commentary afterwards. Doomberg sounds very knowledgeable and thus convincing so it's good to hear some other perspectives immediately afterwards to keep the audiance grounded and in the evaluation seat rather than feeling like you just heard the energy sector gospel, which we may have to be fair haha

[youngman]

Listening to his predictions is like watching a one-legged man in an ass-kicking contest—lots of effort, zero results.

I think his avatar is very cute and adorable.

[yalesdy]

Adam explains things much better than Doomberg

[eugene]

Wonderful and holistic education today. Thank you

[noizydan]

I do not trust the chicken. A cartoonish view of the world. I'll pass on this one.

[mackakiwinz]

Headlines were made in mainstream here in New Zealand with the introduction of the first LNG fuelled truck last week 😂🤣 legendary discussion thank you both - nice to get up to speed with something I knew very little about.

[charlier]

Same for Ballard power. Lots of patents but nothing going anywhere. City buses demoed long ago but no big sales