Currencies

The Massive Increase In U.S. Energy Production And Its Consequences For Investors


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imaginima

Co-authored with Philip Mause.

There are macroeconomic forces at play in energy that have influenced our stock selection in the sector. There has been a shift for the U.S. from being a net consumer of energy to a net producer. This

2007 2022 Change
Oil (Million Barrels per day) 6.86 17.79 159%
Natural Gas (Trillion cu. ft./yr) 24.66 43.39 76%
Wind (Trillions of BTUs/yr) 341 3,845 1,027%
Solar (Trillions of BTUs/yr) 65 1,870 2,777%
Coal (million tons/yr) 1,147 594 – 48%



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