Travis Hoium
๐ค SpeakerAppearances Over Time
Podcast Appearances
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.
That will just kind of be recirculating through the U.S.
economy in one way, shape, or form.
And maybe we have another boom, you know, in Texas and in North Dakota, again, if we get oil going to $150 a barrel.
Yeah, let's put some numbers to that because we've got this in front of me.
So as we're recording, WTI, West Texas Intermediate, which technically needs to be delivered in, is it Cushing, Oklahoma?
Brent crude, which is the more international crude price, is $110, almost $111 per barrel.
So that's that differential.
Usually they're pretty similar.
but that's that differential you're talking about where the internal dynamics in the US, not quite as impacted as you see internationally.
All right, the next question,
What is the biggest, we're going to potentially have the biggest IPO ever next month, maybe in the next couple of months.
What is the biggest IPO so far?
How much was raised and what was the value of the company?
But yeah, I mean- Ultimately, $29 billion.