Is the Eu's Decision to Work So Closely With Saudi Arabia a Factor?

The broad-based Invesco WilderHill Clean Energy ETF is off 60% from its peak in early 2021.  Riskier stocks on the clean energy spectrum have fallen even more.  For a more in-depth perspective, please see Peter’s commentary titled “What is Next for Clean Tech Companies” that explores how the beat-up equity markets will impact clean energy companies going forward and their strategies. 

To start off this week’s podcast, Jackie and Peter discuss the recent changes in the oil market, including the European Union’s decision to ban Russian oil and the news that OPEC+ will pump more oil this summer than initially expected. 

Other content referenced in this week’s podcast includes: 

• From the Energyphile collection, the Standard Oil Bulletin about the end of coal.
• Peter’s written and audio story from the Energyphile collection  “Hubris Defined” - A cautionary tale about arrogance based on the Standard Oil Bulletin of October 1914 about the ease at which coal would be replaced by oil. 
• The WSJ article “ Silicon Valley Investors give start-ups survival advice for downturn.”  

Please review the ARC Energy Institute disclaimer.