It’s a world of hydrogen, lithium, aluminium, wind, solar, wave, even some oil still. The power revolution isn’t about one dominant source of energy.
This morning, BlueScope Steel [ASX:BSL] shares opened up 10.2%, to $6.46 per share. The Aussie steelmaker has continued their strong start to the year.
This could crash the crude oil price, with more supply flooding an already oversaturated oil market.
Green energies, battery power and storage — these are the future of energy. These are energies that war can’t control, and that takes power away from governments.
The Papua New Guinea (PNG) oil company, Oil Search [ASX:OSH], has turned from prey to predator.
From the European Union’s point of view, the relationship between Russia and Greece might already be too close for comfort.
An economy that loses 9,300 full time jobs, but gains 20,200 part time jobs, probably isn’t an economy that’s experiencing real growth and prosperity.
Trump may indeed be the catalyst for the US market to take a highly emotional drop 180 months on from 9/11. After all, what goes around, comes around.
This event starts with the British and French. Yet it ends in the struggle to dominate oil assets around the world by every global superpower.
Is this the cosmos saying that the government’s new budget is in tatters already? As far as signs go, it looks like a pretty obvious one to me.