Monday: August 8th It is projected that the combined tax savings under Trump's 'One Big Beautiful Bill' will be $1.2 billion in 2025 for ConocoPhillips, EOG Resources, Occidental Petroleum and Devon Energy, combined. BP has been documented to say that the savings in taxes under the new bill will likely offset any pressures from tariffs. The oil industry and lobby groups have strong access to Trump and his administration. TSX 60: 1,721.20DJIA: 45,430.61S&P: 6,498.09Nasdaq: 21,806.22Oil (WTI): 62.00ICE NGX (T-1): 0.97 Oil Tycoons Bet Big on Trump. It’s Paying Off. Friday: August 5th In a recent ruling in the United States, a previous law was overturned regarding Electric Vehicles (EV's). The previous wording that was passed overstated the efficiency of the...
Tuesday: August 26th Israel has called on roughly 60,0000 reservist for duty for its offensive into Gaza city. Israel's army and citizens are reportedly "exhausted" from two years of fighting, and a large majority are calling on the government to end the war in exchange for the remaining hostages. There are expected to be about 20 hostages held by Hamas still to be alive. Intel is a little unique in that it is one of the few chip manufacturers that both designs and manufactures its own chips. It's manufacturing segment has not been doing well; driving much of its poor performance, the segment lost $3.2 billion in the Q2 of 2025. Tan, the current CEO, is pulling back on the reigns....
Tuesday: June 10th Today, Hydrogen is mostly extracted from natural gas in two main techniques: Blue Hydrogen and Green Hydrogen. Blue Hydrogen is a more traditional way of producing hydrogen that starts with natural gas and removes the carbon dioxide. Green Hydrogen, alternatively is made by "splitting water into oxygen and hydrogen using renewable electricity". Air Products has made a large push in the Hydrogen space in Louisiana starting in 2021 when they shared plans to construct a $4.3 Billion Hydrogen plant that would produce Blue Hydrogen and sequester the carbon dioxide under the Lake Maurepas. But, given the push from the Trump administration to cut Biden's tax incentives for green energy sources, and other factors, the project has ballooned...
Tuesday: May 27th 2025 U.S. currently has sanctions on Iranian oil as a result of their stance against the Iranian's uranium enrichment program. Last week, representatives of both countries met in Rome for a 5th round of talks. It wasn't all sunshine and rainbows. However, if an agreement is struck, and the sanctions are removed, there will be an increase of supply in the global oil market. The expected increase in supply from these talks are coupled by the expected increase in production from OPEC+ countries who have their next meeting on this Saturday. TSX 60: 1,559.98DJIA: 41,849.04S&P: 5,854.07Nasdaq: 19,014.44Oil (WTI): 61.54ICE NGX (T-1): 1.78 Trump Says Putin Is ‘Playing With Fire’ Oil prices dip on supply concerns TSX's gains...
Wednesday: April 30th It seems that the cause of the blackouts that hit Spain and Portugal were a result of loss of power from 2 power generation substations in the south of Spain. Most of the grid is fueled from Solar (53%) wind (11%) and a nuclear and gas mix (15%). It has yet to be confirmed the exact details of why this ordeal happened, but preliminarily, it seems that there was not enough backup generation to back-fill the grid when the renewable resources fell short of the demand. There has been some clarity that has come to light about the U.S.-Ukrainian mineral deal which the White House claimed as being a key factor in ending the conflict between Russia...
