Trump Latest Appointment TROLLS Climate Leftists | Big Stock Impact.

Donald Trump's latest appointing knows

how to troll the left this is him in the

Wall Street Journal Chris Wright let me

tell you a little bit about this guy and

how he could affect your investments in

oil energy solar Tesla and phase you

name it so Donald Trump appointed this

guy subject to confirmation of course uh

to head the energy Department of the

United States and he has a reputation

for trolling anti- oil and gas folks for

example he runs a company that provides

fracking Services we'll talk about that

in just a moment but he tried to get

Northface sweaters and puffers and

jackets and Northface denied him because

he was in the oil and gas industry so he

decided to buy

Billboards and trolled Northface by

saying the Northface puffer looks great

on you it was made from oil and gas f

fuels basically trying to slap them in

the face that without oil you can't have

Plastics you need petrol products for

Plastics so this is the kind of guy

you're working with here he's also

written in part likely with his staff a

180 page report on how climate has

gotten so politicized and polarized they

you're actually hurting the ability to

have cleaner oil and natural gas because

everything needs to be 100% green mind

you aside from this guy this is exactly

what I experienced in running for

governor in California as well they're

like oh hey the peer plants for natural

gas run at 80% efficiency why don't we

put new equipment in that runs at a

higher percentage of efficiency well is

it 100% green no but it's better it's

not 100% green you may have heard me say

that story before but it just remains to

be true climate politics are so

polarized that unless something is

perfectly green to certain individuals

nothing ends up getting done reality is

it's going to be a while before we get

rid of oil and natural gas anyway Chris

Wright donated about

$228,000 plus 45 to Pax and Trump uh and

Republicans during the cycle so 228 to

Trump 45 to Republicans but then with

his wife together they donated over half

a million $540,000 to Republicans and

Trump and otherwise his company

is called a liberty energy and they're

mostly based out of Colorado and Texas

they're he's a hydraulic fracking guy

they provide fracking Services they do

uh pumps the Machinery the uh trucks the

equipment and the way to sort of

separate what he does from a guy who

fracks is that you have the speculators

and then you have the infrastructure

guys think of him as like the

infrastructure guy and uh Liberty Energy

will set up the infrastructure for you

maybe even run the pumps for you service

the pumps sell you the pumps lease you

the pumps whatever but they don't take

the investment capital and then throw it

into the specific oil projects oil

speculators do that so it gives you a

little bit of a separation on what he

does versus sort of how oil investing

Works uh but uh the company was founded

in 2011 so it's only a 13-year-old

company and the company's free cash flow

in just 13 years is now $400

million it has a 5 PE ratio which is

really low uh and its net incomes up

about 40% that's annual by the way and

its net income increased about 40% so

far uh from 2022 to 2023 and of course

we can get into the quarterly reports to

look at some of the 2024 numbers so

their income is actually Popp during the

Biden Administration and that may be

because oil prices were actually higher

but if you look now the stock has been

underperforming a bit and so of really

all oil stocks including ocidental

petroleum who supports this guy by the

way ocidental petroleum is a big worn

Buffett investment and really what

happened is there are so many concerns

over larger demand for oil throughout

the entire world slowing economy in

China slower consumer confidence in

China uh European Union that's growing

at maybe 1.3% protected for next year

which is very low Germany which is

probably in a multi-year

recession all of these are lowering the

demand for fossil fuels as well as

concerns about potentially more Supply

opening up with OPEC plus which includes

Russia uh in addition to Donald Trump's

drill baby drill attitude which seems

like it would be good for this guy's

attitude or company but if oil prices go

down you get less oil speculation so

that might be why his company stock is

trading down a little bit the guy's an

MIT mechanical engineer so he's

obviously got you know brained upstairs

uh he doesn't believe that there is a

climate crisis but he's actually Pro

Renewables he sits on the board for oo

which is Sam alman's nuclear energy

spack which actually just fell a little

bit because they delayed their Outlook

as to when they think they can start

releasing some of their smaller

generator projects which isn't good

because they already don't think they'll

make a dime until 2027 and now that's

pushed out to like 2028 29 just creates

more uncertainty and you know the stock

market unless your Stock's going

straight up does not like

uncertainty uh they also by the way sued

the SEC over climate change disclosure

rules and he's testified before house

committees before against SEC rules on

climate change disclosures it's kind of

worth noting though that the impact from

the Trump Administration on energy

companies

or what this guy might end up doing to

let's say the solar industry or vehicle

industry all remains TBD that's because

obviously the simple trade right now is

oh okay drill baby drill that means more

Supply oil down and stocks like n phase

are going to go in the toilet because

they're solar manufacturers and their

tax credits are going to go away for

consumers to buy them and their

manufacturing tax credits will go away

and even though Tesla's going to lose

its energy Vehicle tax credit Tesla

basically has Trump in its pocket so

Tesla to the Moon reality is probably

going to be very different from that the

reality is if the global economy slows

down oil will probably keep going down

and as we drill more oil will just get

even cheaper which actually makes it

less desirable to transition to an

electric vehicle or solar anyway because

natural gas for heating or oil for

heating or gasoline for your car is

cheaper something to keep in mind but on

the flip side as a Ben

to companies like Tesla and Nas I don't

believe people like this uh want to

destroy us menu facturing for even clean

tech like I don't think he's anti- clean

tech I think he's anti-woke clean tech I

think that's a fair way to put it like

so simply put he's Pro solar pro-

nuclear but in a balanced way to where

we realize there are drawbacks of

Renewables as well so let's balance

those so when you take this guy's

attitude which obviously is pro oil and

natural gas but somewhat balanced you

know maybe he's like a 6040 7030 as

opposed to like fully extreme one side

when you balance this with the

likelihood that republicans in Congress

are probably going to want to support I

love it when the plane tilts the gimbal

does not like it but whatever um

republicans in Congress are probably not

going to want to kill manufacturing

entirely in the United States for the

green energy Biz think about phase for a

moment which I think is trading at a

massive discount I'm supposed to put out

a video on it but I didn't do it I've

been talking about it in the course

member streams and I've also been um

increasing my exposure to it and I've

been talking about it in the alpha

report which you can get for free every

morning 15 minutes before the Bell sign

up at Meek kevin.com

Alfa uh oh there it goes maybe just turn

it off and hold it but I'll keep talking

but I actually don't think that

manufacturers uh are going to get as

punished as people think because think

about nface nface contract manufacturers

they're solar inverters well they used

to do a lot of that in Romania well the

inflation reduction act brought a lot

yeah maybe just turn it off so we don't

burn out the motor the inflation

reduction act brought a lot of that

manufacturing to the United

States through contract manufacturing

but it brought it to the United States

because it was so desirable to

manufacture here and get those tax

credits well if you kill those credits

it's just all going to go back to

Romania and I don't think Trump wants

people to argue that American jobs are

going to Romania so I think you're G to

get a lot more of a balanced out look

here where Tesla will probably still

have vehicle manufacturing credits the

uh solar Biz will probably still have

energy uh manufacturing credits maybe

less on the consumer side I don't know

but honestly I think there's going to be

a rush to buy solar this year and buy an

electric vehicle this year because well

like why not get in before the credits

expire right it's just an idea that I

have uh anyway uh let's see what else do

I have on this guy I think I fully

covered this guy so I see him personally

I see him as levelheaded uh he doesn't

have any experience in politics which

frankly I kind of like uh We've also got

what was this here while the energy

department and and I I just picked this

up I had a bunch of notes written on

this guy and I just picked this up just

to see if there's anything I was missing

while the energy Department doesn't

regulate fossil fuel production one of

the prerogatives is approving most

exports of liquefied natural gas uh LG

yeah that's another big thing Biden's

been blocking the expansion of LG

Terminals and people think Trump is just

going to expand those like

instantaneously uh also let's see what

is this energy Department was a lynchpin

of the Biden's strategy to address

climate change notably its loan programs

office which has financed businesses

important to the country's energy

transition Biden's signature climate law

the inflation reduction act multiplied

the office's lending capacity by

10x Trump said he would would seek to

rescind unspent funds provided by the

law yeah and this is something you're

seeing too is people are like really

rushing to get the leftover funding and

credits because they think it's all

going to go to zero when Trump gets him

which honestly could look pretty good

for Tesla and n's q1 earnings so we'll

see my take we'll see no guarantees not

personalized advice get your Alpha

report M kevin.com ala and now we're

getting ready to land so looks like

we're hting some turby oh look at that

look at that weather out there you want

to you want to show show what we got

what we're looking at here this is how

we're looking at real estate today what

do we got here got some beautiful SoCal

real estate we got to take a look at I

like to call it Ki fornia you know you

got to balance uh the commi and the uh

the right wing and then you get a good

real estate portfolio so always make

sure you diversify your real estate

between commi far right everything's far

right if it's not commie and uh and you

win thanks for watching make sure to

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