Powell: Fed will discuss speeding up bond-buying taper at December meeting.

• Federal Reserve Chairman Jerome Powell said he expects policymakers in December to discuss accelerating the timetable for the tapering of monthly bond purchases.
• Speaking before a Senate panel, he said tapering could wrap up “a few months sooner” than anticipated. That would open the door to interest rate hikes thereafter.
• Powell also said, “it’s probably a good time to retire” the word “transitory” to describe inflation.

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Smashing Atoms: The History of Uranium and Nuclear Power

• Incredibly energy-dense, with a single uranium pellet (~1g) being equivalent to 1 ton of coal, 120 gallons of oil, or 17,000 cubic feet of natural gas.
• Global energy consumption is expected to double by 2050.
• Nuclear power is greenhouse gas-free and has lower lifecycle pollution than even wind, solar, or hydro.

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Energy Inside Look: Rising LNG Prices, Supply Chain Woes, and What’s Next for Metals

· The burgeoning energy crisis and oil’s role in it. (0:45) · How might OPEC respond? (06:45) · ‘Winners’ in the energy sector from the supply crunch (8:24) · Container shipping supply chain woes (11:15) · Companies that could benefit from shipping. (15:33) · Outlook for metals during energy transition (16:29) Click Here to be Redirected to Content

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What’s Made from a Barrel of Oil?

Building Benjamins

• Crude oil and natural gas liquids are ubiquitous.
• Carbon based energy has unmatched energy density.
• It will be difficult to wean the world off oil and natural gas.
• Natural gas is the cleaner and greener of the two.
• Demand for crude oil will continue for decades.
• Natural gas demand will continue to grow.

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