A worker monitors a machine as it spools copper wire rod following manufacture at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Co., in Verkhnyaya Pyshma, Russia.Photographer: Andrey Rudakov/Bloomberg
ENB Editorial note: This is frightening copper is in everything related to energy. Just another issue for inflation. We will see 11% before the fed can get it nailed down. This will be a bumpy landing if not a crash.
Subscribe to Bloomberg.
Listen to the Podcast Here:
These days, oil gets all the attention. Consumers feel and see the pinch directly every time they fill up their gas tank. But the big story in the next decade could be copper. It’s not easy to ramp up copper production, due to the upfront cost and lead time in getting new mines online, and demand is expected to soar in part due to green initiatives. On this episode we speak with Goldman Sachs metals strategist Nick Snowdon about why the copper market is expected to be incredibly tight.
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
Oil rose after U.S. crude stockpiles fell the most since September and a more hawkish Federal Reserve spurred a broader rally in financial markets on speculation it can slow inflation without derailing growth. Futures in […]
Oil ended the session unchanged after choppy trading with traders focused on adjusting positions in U.S. crude options ahead of expiration. Futures in New York closed flat on Thursday after earlier declining as much as […]
Power plants in Germany are finding it increasingly difficult to source coal amid an energy crisis that is spiraling out of control as falling water levels on the Rhine river add to supply challenges caused […]
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkNoPrivacy policy
