PHYS - The Brewing Energy Crisis - Bob Iaccino Joins Alpha Trader

On the two-year anniversary of the Alpha Trader podcast, hosts Aaron Task and Stephen Alpher welcome back to the show, Bob Iaccino, co-founder of The Stock Think Tank. Among the topics discussed: While the renewable energy movement is a worthy one, the world isn’t yet ready to run on sun and wind. The lack of investment in fossil fuels has the globe on the verge of, if not already in an energy crisis. Some believe oil would need to be in the triple digits to put a sizable dent in the economy and corporate profits, but Iaccino believes this is already happening at $80. Iaccino reminds that turning the spigots back on for U.S. shale production isn’t as easy as flipping a switch. Even if there were the regulatory appetite to do so (a big if), getting production up and running again requires capital, equipment, labor … all of which

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The Brewing Energy Crisis - Bob Iaccino Joins Alpha Trader