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Travis Hoium

๐Ÿ‘ค Speaker
4266 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
How We Invest In a Falling Market

In the U.S., that is not going to be just a complete sink of money that's just going to, you know, a lot of that oil came from the Persian Gulf in 2005.

Motley Fool Money
How We Invest In a Falling Market

That will just kind of be recirculating through the U.S.

Motley Fool Money
How We Invest In a Falling Market

economy in one way, shape, or form.

Motley Fool Money
How We Invest In a Falling Market

And maybe we have another boom, you know, in Texas and in North Dakota, again, if we get oil going to $150 a barrel.

Motley Fool Money
How We Invest In a Falling Market

Yeah, let's put some numbers to that because we've got this in front of me.

Motley Fool Money
How We Invest In a Falling Market

So as we're recording, WTI, West Texas Intermediate, which technically needs to be delivered in, is it Cushing, Oklahoma?

Motley Fool Money
How We Invest In a Falling Market

Yeah.

Motley Fool Money
How We Invest In a Falling Market

I believe.

Motley Fool Money
How We Invest In a Falling Market

$97 per barrel.

Motley Fool Money
How We Invest In a Falling Market

Yeah.

Motley Fool Money
How We Invest In a Falling Market

Brent crude, which is the more international crude price, is $110, almost $111 per barrel.

Motley Fool Money
How We Invest In a Falling Market

So that's that differential.

Motley Fool Money
How We Invest In a Falling Market

Usually they're pretty similar.

Motley Fool Money
How We Invest In a Falling Market

but that's that differential you're talking about where the internal dynamics in the US, not quite as impacted as you see internationally.

Motley Fool Money
How We Invest In a Falling Market

All right, the next question,

Motley Fool Money
How We Invest In a Falling Market

What is the biggest, we're going to potentially have the biggest IPO ever next month, maybe in the next couple of months.

Motley Fool Money
How We Invest In a Falling Market

What is the biggest IPO so far?

Motley Fool Money
How We Invest In a Falling Market

How much was raised and what was the value of the company?

Motley Fool Money
How We Invest In a Falling Market

I don't know.

Motley Fool Money
How We Invest In a Falling Market

But yeah, I mean- Ultimately, $29 billion.