Shell plc RDS-A

$RDS-A, $RDS-B. Energy is super complicated. There’s not a bear in the world who understands it, let alone can predict SP. Dips r expected and just makes the dividend sweeter. The big boys understand it better and all predict SP north of $50 by EOY.

$RDS-A, $RDS-B. Before this week’s small decline, U.S. gasoline prices had increased for 17 consecutive weeks—the longest streak of rising national average gasoline prices since 1994, according to EIA’s surveys.

As of Monday, March 29, the U.S. regular retail gasoline prices averaged $2.85 per gallon, when it dropped two cents compared to the previous week for the first weekly decline since November 2020.

It’s $2.99 in my town.

$RDS-A, $RDS-B. Warren Buffet investing heavy in natural gas. Shell has huge natural gas reserves and production capability. Investors fleeing EV and going into energy.

$RDS-A, $RDS-B. Where are the bears? The smart ones, not the dumb ones. I’d like some counterpoints.

$RDS-A, $RDS-B. Higher crude oil prices this year have raised the price of gasoline in the United States, and prices are expected to further rise in the coming weeks. Some U.S. states could see gasoline prices rise to as much as $4 per gallon, according to AAA. As crude oil prices have shot up in recent weeks, Americans are already paying 14 percent more for a gallon of gasoline than they were in February, according to AAA data.

$RDS-A, $RDS-B.

After a drop in 2020, global coal demand is expected to rebound this year, the International Energy Agency (IEA) said in its Coal 2020 report in December. Coal continues to be a vital part of China’s energy strategy, while India’s coal demand is set to expand despite plummeting in 2020, the IEA said.

Earlier this week, state miner Coal India approved as many as 32 new coal mining projects worth a total investment of US$6.4 billion, as one of the world’s largest coal consumers, looks to reduce its reliance on imports as its coal demand continues to grow.

$RDS-A, $RDS-B. Every single time Shell tweets anything they get all this hate. It’s kinda funny. Usually some foaming at the mouth type.

Meanwhile China and India pollute like mad, and build more coal plants. China is also building an aggressive military to thwart the US in the China sea. Everyone enjoying COVID? Compliments from China. But I’ll bet greenies who hate Shell have more made in China stuff (made from Coal) then anything at their home.

$RDS-A, $RDS-B. How Oil Could Go To $100 Per Barrel. By ZeroHedge - Mar 09, 2021, 3:00 PM CST. Oilprice.com.

$RDS-A, $RDS-B. Bull. I’ll admit Oil per bbl is tenuous right now, a big jump in OPEC production can send the prices down. I think they are gonna show restraint though.

But you’ll see a steady increase in street gas prices, because Oil companies control rack price, which is where gas stations buy their gas. So that’ll increase the Downstream revenue, which helps their bottom line, and eventually their stock price.

For those who keep asking about the dividend, Shell committed to raising the dividend 4% every year.

$RDS-A, $RDS-B. Greenie bears who say Biden is here and Oil is done, how’s that EV correction working out for ya?
Some big vicious oil dependent countries need Oil to be high, countries that chop up CNN journalists in embassies, and poison people, and you think they are just gonna roll over?
Meanwhile, gas prices continue to go up.