Gazprom sales up in Q1 as prices recover
May 28, 2021 10:45:am
Summary
by: William Powell
Russian pipeline gas export monopoly Gazprom saw its net sales of gas rise by 43% in Q1 compared with the same period last .
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Inside Clean Energy: Warren Buffett Explains the Need for a Massive Energy Makeover
A man whose empire includes energy companies says investment in interstate power lines is expensive but essential.
March 4, 2021
Philanthropist Warren Buffett is joined onstage by 24 other philanthropist and influential business people featured on the Forbes list of 100 Greatest Business Minds during the Forbes Media Centennial Celebration at Pier 60 on September 19, 2017 in New York City. Credit: Daniel Zuchnik/WireImage via Getty Images
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Warren Buffett’s annual letters to shareholders are an entertaining read, as if your great-uncle was an investing savant.
In this year’s edition, released on Feb. 27, Buffett has something to say about the transition to clean energy and the necessity of making vast investments in interstate power lines.
florida? there is a lot of stations that have run out of gasoline. these gas stations are being outstripped by insatiable demand as motorists try to flee the area. thankfully average prices are calm. this is not a storm likely to shake up prices like harvey did. pricing remains relatively stable. availability is a challenge and we re starting to see the amount of stations out of gas rise. in south florida, it is looking a little bit grim with about 43% of stations in the miami metro area out of gasoline, at least at this moment. and so interesting point, the commodity price of gasoline is not increasing as it did nationwide because of harvey. but there is what we re talking about in terms of gouging is individual station owners who are doing that, which is against the law. but the price of gas for everybody who can get gas should be stable. yeah, relatively. there could be some localized impacts because supply and demand can be very local. but most of these gas stations
great, no problem. we don t know that either. they have not started to leave the european union. an interesting year all around the world. thank you very much. americans getting hit with higher oil and gas prices in 2016. crude surging 45% this year. jeff flock is at a gas station in illinois. oil trader phil flynn is at the cme for what to expect in the new year. jeff, gas prices have gone up. is it having an effect on consumers? reporter: we talk some to people today that are noticing it. one guy mentioned even electric cars again. haven t heard anything about electric cars but has been a pretty slow rise thus far. gas buddy told us today they think a 20 to 40 centsmer of cents more of a gas rise in the coming year. what do you think about that,