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Ed Elson

πŸ‘€ Speaker
12512 total appearances
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Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

They're also consuming huge amounts of energy to a degree that people a few years ago would never have anticipated.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

And at the same time, I also know that the Strait of Hormuz is closed and blockaded as we speak.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

I know that gas prices have risen 30% over the past two months since we launched the war in Iran.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

I mean, all of these things together make me think we're basically headed towards a full-blown energy crisis.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

Am I getting this wrong?

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

What do you make of the energy picture in America right now?

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

Stay tuned for more of this panel after the break.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

And by the way, we are heading out on tour at the end of May.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

So for more info and to get tickets to a show near you, head to profgmarketstour.com.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

We're back with Profiteer Markets.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

I keep on hearing about how America is energy independent.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

We do it all on our own.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

And then it's like, well, why are prices rising as much as they are?

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

And why are electricity prices rising as well?

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

I mean, it's not just the gas bill, it's the electric bill too.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

And it makes me think, okay, well,

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

I mean, maybe we're more independent than other nations, but it seems like we're not that independent.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

We're not so independent such that we are actually insulated from things that happen abroad.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

And we're certainly not independent enough that we're able to keep up with the demand of these data centers at the same time.

Prof G Markets
Data Center Debate: Are Energy Bills About To Explode?

So I guess when you look at our energy picture, I mean, how independent are we really?