Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
The electricity generated in the United States increased by more than three percent in 2024, setting a record according to data from the EIA. Technology-related demand, from sources ranging from artificial intelligence to electric vehicles, has and will continue to drive growth in power consumption. These trends will benefit our oil and gas majors portfolio (XOM, BP, SHEL and TTE) as the sole source of high- volume reliable electricity.
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