‘Thank God’ Oil Is Still Pumping Amid Inflation Scare, Dalio Says

Bloomberg2022-01-18

Ray Dalio, the founder of hedge fund Bridgewater Associates, warned against transitioning away from fossil fuels too rapidly and said that cutting off the supply of finance to the industry would have ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Mindthink
    2022-01-18
    Mindthink
    Ok
  • ASMH
    2022-01-18
    ASMH
    Like 
  • Jackal
    2022-01-18
    Jackal
    Thank God
  • robot1234
    2022-01-18
    robot1234
    Even coal will continue to play an important part in the generation of electricity in the next 2 decades esp in the developing countries without resources to switch to greener energy
    • Nickystonks
      yeps
    • robot1234
      Tks all for sharing
    • robot1234
      Tks all for sharing
    • zingle
      No matter what form of new energy, a large amount of aluminum is needed. Aluminum is a high energy-consuming metal, which means that a lot of energy is needed to obtain aluminum metal.
    • bubbly9
      Moreover, as everyone knows, look -- it's energy, not oil, which counts. And higher oil prices mean a greater incentive to invest in energy R and D.
  • Jameslim29
    2022-01-18
    Jameslim29
    Ok
  • sfleong1
    2022-01-18
    sfleong1
    Like n comment
Leave a comment
16