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Non-Tech : Kirk's Market Thoughts

COHR 185.70

+2.2%

Dec 8 3:59 PM EST

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To: robert b furman who wrote (15027)	12/28/2022 8:42:56 PM
From: Kirk ©	Read Replies (1) of 26731

After hearing on CNBC that maybe 30% of the electricity being generated now to heat the East during the "historic" cold spell... comes from burning oil! Numbnuts investing that never made money and helped those they through down on by blaming fossil fuel producers who provided reliable AND inexpensive energy. The reason the US is not in a recession is substantially die to our fossil fuel resources and ability to produce them. IMO When an/if energy crisis is triggered these stock will be looked back upon and viewed as cheap. IMO How ironic if the morons running California that have outlawed ICE vehicles such that we'll have to burn oil and NG to generate power for the EVs and all electric homes to keep the state from shutting down... I tell most who try to preach ESG here and have outlawed clean burning NG in new home construction that every incremental electron in California comes from fossil fuel but for a few minutes this year when the grid was net positive with renewable power (probably a nice, warm sunny day with gentle winds....)

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