Go USA!!! | Digging for Value - 2/11/14 | The Motley Fool | Summary and Q&A

TL;DR

The energy industry has experienced significant changes in the past six years, with the oil and gas boom being the most significant. Renewables, such as solar and wind, are predicted to play a larger role in the future.

Key Insights

• 🫢 The oil and gas boom has greatly impacted the energy industry, resulting in increased production and revolutionizing manufacturing.
• 🫢 The growth of natural gas has helped overcome energy problems faced in the past.
• 💨 Renewables, particularly solar and wind, are expected to play a larger role in the future.
• 😃 Big companies like UPS and AT&T have shifted to natural gas fleets due to cost savings.
• 👀 Clean Energy Fuels is a company to watch, as it is building infrastructure for LNG and CNG fueling stations.
• 💪 Pioneer Natural Resources is a company with strong growth potential due to its presence in the lucrative strawberry wolf camp.

Transcript

it's an all American USA episode USA USA us let's go digging for Value I'm Alison Southwick and as always I joined by Taylor muckerman and Joel South my gold medal and analyst here yeah you're too kind too kind we're the only competition so I guess that well you're still getting you're get maybe one of you is gold in the other you hear that where t... Read More

Questions & Answers

Q: What are the five biggest energy changes in the past six years?

The five biggest energy changes in the past six years are America's oil and natural gas boom, the rise of the EPA, the fall of climate-friendly Republicans, the flip in the environmental movement from top-down to bottom-up, and the growth of imports and exports of fossil fuels and renewable energy.

Q: What is the most significant change among the five mentioned?

The oil and gas boom is considered the most significant change, as it has led to increased production and revolutionized manufacturing. It has also helped overcome energy problems faced in the past.

Q: What is the future prediction for renewables in the next six years?

It is predicted that renewables, particularly solar and wind, will experience significant growth in the next six years. It is expected that renewables will go from accounting for 4-6% of total generation to almost double that percentage.

Q: Are there any companies to watch in the wind energy sector?

Companies to watch in the wind energy sector include GE, Siemens, and other infrastructure companies involved in building wind turbines. These companies have been able to drive down costs and make wind energy profitable.

Summary & Key Takeaways

• The past six years have seen significant changes in the energy industry, including the oil and gas boom, the rise of the EPA, and the growth of renewable energy.

• The oil and gas boom has resulted in increased production and revolutionized manufacturing, while natural gas has helped overcome energy problems.

• The growth of renewable energy, particularly solar and wind, is expected to continue, with renewables accounting for a higher percentage of total energy generation.