- The Oil Patch
- Posts
- 🛢️ Coal is (Still) King
Good morning, here's what the OilPatch Team has for you today:
King Coal Remains on Its Throne Despite Transition Push
Coal consumption broke a record this year.
It reached 8.77 billion tons.
That’s despite the trillions spent on wind and solar.
Coal demand is set for further growth as well.
In red all countries in Europe that closed nuclear power plants, but kept coal power plants instead to fight climate change
— Michael A. Arouet (@MichaelAArouet)
7:19 AM • Dec 21, 2024
Go Premium to read the rest…
Fortune Favors The Bold
Ever wish you could turn back time and invest in Amazon's early days? Well, buckle up because the AI revolution is offering a second chance.
In The Motley Fool's latest report, dive into the world of AI-powered innovation. Discover why experts are calling it "the rocket fuel of AI" and predicting a market cap 41 times larger than Amazon's.
Don't let past regrets hold you back. Take charge of your future and capitalize on the AI wave with The Motley Fool's exclusive report.
Whether it's AI or Amazon, fortune favors the bold.
Fixed-Rate Returns for Accredited Investors
How does it work?
You purchase a bond from ROX Energy Capital
You are now a bondholder with the right to receive a 10% fixed annual return — payable monthly.
ROX Energy Capital Buys Working Interests
Bond proceeds are used to purchase non-operated working interests in oil and gas properties. ROX Energy Capital receives the recurring cash flow from these “non-op" working interests for the life of the asset.
You get paid
Bondholders receive their monthly interest payment from ROX Energy Capital for the term length of the bond.
Learn more at ROX Energy Capital
The teen oilman who became an investment tycoon
Edwin L. Cox, one of the last true oil tycoons, passed away in 2020.
Like most of his generation, he had humble beginnings, in Arkansas. His father was a wholesale grocer and banker.
At the start of the 1920s, he saw the potential of the oil industry.
In the same year that Edwin was born, Cox Sr. set up an oil company in Oklahoma. His son joined it while in high school.
SMU and the Cox School mourn the passing of renowned Dallas business leader, entrepreneur, public servant, educational pioneer and longtime University supporter and trustee emeritus Edwin L. Cox Sr. ’42, who died Thursday, November 5, 2020.
smu.edu/cox/legacy— SMU Cox School of Business (@SMUCox)
10:26 PM • Nov 6, 2020
Go Premium to read the rest…
Tweet of the Day
When white collar meets blue collar at the company Christmas party.
— Aubrey___K (@Aubrey___K)
2:09 AM • Dec 21, 2024
Thanks for reading today’s Oil Patch!
Stay oily, my friend.
Two quick requests before you go:
If you found this useful, forward this email to a friend to spread the word. 👍
Take 1 second to answer the poll below 👇👇
What do you think of today's edition? |