EUROPE’S ENERGY CRISIS IS KEEPING ENERGY PRICES HIGH
America leads the world in oil and gas production. We believe midstream energy infrastructure offers predictable cash flows to investors.
ARK’s Cathie Wood: Getting Rich While Losing Money
Which is a more important measure of an investment manager’s skill – the return on the first dollar invested at inception, or the return on the average dollar? Return since inception is widely used because it covers the longest period. If performance is reasonably consistent, both methods should tell the same story. That this is […]
Energy Wants To Invest In America
$1.4TN is a huge sum by any standard. It’s more than Spain’s entire stock market capitalization and just behind Switzerland’s. It’s more than Indonesia’s GDP and not far below South Korea’s. This is the sum that the United Arab Emirates (UAE) has committed to invest in America over the next decade. It’s probably the best […]
Greenpeace Picks The Wrong Fight
In recent years climate extremists have become adept at weaponizing the legal system in pursuit of their dystopian aims. The Mountain Valley Pipeline (MVP), which was built to move natural gas from West Virginia to Virginia, faced extensive delays with only a few miles left, because climate activists were able to persuade a judge to […]
Unloved Tariffs
There are few parts of America redder than Naples, FL. Kamala Harris signs were nowhere to be seen last year. Florida has shifted from purple to red in recent years. A friend once received hostile comments from a local who noticed his Connecticut license plate, demanding that he not relocate but should keep his liberal […]
Discussing Energy In The Caribbean
I spent a few days last week at the Catalyst Funds National Sales Conference in Puerto Rico. Catalyst is our mutual fund partner. It is about ten degrees warmer than Naples, FL where we’ve spent most of the winter, and the conference was once again thoughtfully located at the Royal Sonesta Hotel on the beach […]