Episode 8: The Truth About Fossil Fuel

Takeaways:

1. The energy sector has a historically low weighting in the S&P 500, but fossil fuels are still a major part of the global economy.
2. Oil prices are volatile and influenced by factors such as supply and demand, seasonality, and geopolitical events.
3. The lack of investment in the energy sector has led to a decrease in production and challenges in meeting energy demands.
4. Renewable energy is growing, but it currently represents a small percentage of global energy usage. Transitioning to renewable energy requires balancing sustainability and productivity.
5. Burning trees for biomass fuel emits significant CO2 emissions.
6. Fossil fuels have played a crucial role in improving quality of life.
7. Mandating green energy can lead to practical and economic challenges.
8. The production of electric vehicles involves carbon emissions.
9. Capitalism drives innovation and the consumer will determine the future of energy.
10. Higher oil prices may be a potential investment opportunity.

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Important Disclosures:

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

All performance referenced is historical and is no guarantee of future results.

All indices are unmanaged and may not be invested into directly.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

Investing involves risk including loss of principal.

Jason Jacobi & Mark Boyer are registered principals with, and securities and advisory services offered through LPL Financial. A Registered Investment Advisor. Member FINRA/SIPC.