Europe’s energy crisis is getting worse, stoking inflation as well as fear of “conflict and strife” on the continent. Euro-area economic confidence dropped to a 19-month low in August, as France accused Russia of using natural gas as a “weapon of war.” Recent price action suggests investors are pricing in the demand impact on energy markets. Still, with European policymakers desperately seeking long-term solutions, the nuclear option is back on the table. Tony Greer, the founder of TG Macro, joins Real Vision’s Maggie Lake to talk about the energy crisis in Europe, the policy choices that contributed to it, what can be done now to fix things for the future, and how we can trade it. We also hear from Mark Nelson about why nuclear power will save Europe. Watch the full video featuring Mark Nelson and Andreas Steno Larsen here: https://rvtv.io/3cu9tiy.
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Europe Just Doesn’t Have the Power
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26 Comments
Did Greer really go to the Phish concerts on August 5-6 in Atlantic City? 😆
TONY! This guy is awesome. I would for sure sit down and hove some coffee with this guy!
Oil bull 🐂
Maggie your interview skills are 👏 awesome
Well, talking about energy, i'm seeing more and more horrible stories, small businesses and households who's energy costs 5 -12 x'ed in a year
Previously when oil prices at ~$90, gasoline prices where never this high. No refineries gone "offline" in last few years (maybe for maintenance days). So why are gasoline prices in US are this high?
Does Tony care about the environment what so ever?! I don’t know about anyone else, but I’m not feeling the pain what so ever in the middle class as it relates to energy prices.
always wondered what Freddy Mercury moved on to after his Queen gig
Man tony is suuuuch an insufferable political hack…
Does this guy actually do any research beyond reading what a Saudi prince said? Or whatever else he can grab from a headline to support preconceived notions? Bankrupt on cannabis trades and on his way to being bankrupt on energy trades.
Tony is why real vision still has any credit left. R.P needs to stop associating himself with RV, ruins any credibility
ESG has been a disaster for the common people. Exactly as designed.
By the end of the century we will have a planned economy.
When even OPEC, an organization built specifically to rig oil prices is crying foul, you know things are getting real bad.
Any manipulation of oil & paper market is outright criminal. Those involved will go to jail
The public can't afford elevated gas prices. Everywhere around us people are struggeling with the energy prices. Economic data is showing slowdown is more likely every month and this guy preaches for 50% higher oil prices because the supply side seems to be the only thing he is concerned about. If it does it will be very shortlived. Risk reward isn't there.
We went from $ -26 to $ 120 within 2 years. Now everyone is struggling to pay the energy bills. There is no trade here. There is always a cap on recources because someone somewhere has to pay the principal and does not have unlimited cash.
Oil's going to tank and what you saw was the fact that raising interest rates hit short sellers first.
Wall Street is the Minotaur don't listen to them
Do not trust these people
Especially Raul he said what this was from the very beginning what a slime ball
So long as short sellers don't get bailouts or longs for that matter you know like Schumer working in a theranos bailout only for large shareholders during IRS meeting of all things
Most importantly reject biometric ID connect to the blockchain
Sirppa mpo P20 p30 pipeline doesn't matter what they label it it's all the same w e f horseshit
Russian oil will flow
Nothing has changed since the 1981 meeting on scientific unity in Seoul South Korea they have sickly been moving in lockstep I don't know how I was under the impression herding cats was impossible
When they talk about backwardation and make up other circular language terms no it's all completely b*******.
Oil supply hasn't changed since 2018 this s***'s only happening cuz it's the end of a decade-long merger wave
Prouty Fletcher Black Gold stranglehold see how deep the rabbit hole goes
You laugh all you want if I remember correctly Zales got red-handed doing the same playbook with diamonds
00:13:56 m mark
Completely f**** schizophrenic offhandedly say you don't like ESG and then immediately going to shilling for them
The nuclear will be nothing like what they closed in Germany a couple years ago and didn't in France.
It'll be the mind blockchain and other horseshit that isn't worth the risk and downside
The only thing is relevant is how much pain do they have to inflict to get you to put a QR code on your toilet bowl that's connected to your water pressure to monitor and whether your door knobs unlocked and your credit score and everything under the sun
Is railing against “esg” impacts on fossil fuels a kind of spineless climate change denial ?
There are consequences for listening to Greta Thurnberg.
In what way is nuclear a solution? New capacity is 12 years into the future, while the energy problem is now and has been created by the gross corruption within the EU elite and willful mismanagement of the energy balance. Full importation of people from everywhere without a corresponding production increase. Then the idiotic sanctions, based on BS. The EUSSA countries have F around the middle east for a decade but now an invasion is bad?
But at least I for one can see the coordination of thought and timing, of crisis creation and "solutions".
Solid