The energy industry is coming out of the pandemic. It has this unrelenting demand that has historically under invested itself since 20 14, 20 15. The estimates are somewhere between 700 billion and a trillion dollars in capital raised for the industry to make kind of a well. And so we've really got ourselves in, campley went to say this, got ourselves in a bit of a pickle. So there is no athe the it's almost like these companies have got religion,. We're going to see ifethey're going to backslide a little bit.
Earth’s population continues to grow and energy needs are struggling to keep up with worldwide demand. Nick Sciple and Jim Gillies dive into the macroeconomic forces creating an energy crunch, where they are finding investment opportunities, and discuss: - The wide-ranging effects of an energy crunch - How a shale boom “incinerated” $700 billion - Ways individual investors could benefit from pension funds leaving oil
Additional resource: https://www.fool.com/investing/stock-market/market-sectors/energy/renewable-energy-stocks/
Stocks discussed: OTC:IPFCC, TSX:IPCO, CBRL Host: Nick Sciple Guest: Jim Gillies Producer: Ricky Mulvey Engineer: Dan Boyd
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