Dan’l OP Tonyco : I certainly wouldn’t so quickly dismiss the economic rationality of the decisions implemented by Warren Buffett and others at Berkshire Hathaway, most especially based upon the irrational malfeasance that Gavin Newsome and other so-called Progressive Democrats have enacted: “Let’s ban [oil and gas], and force EVs [despite rolling blackouts, and burning coal to make the electricity we still can’t deliver to meet current demand].”
Hydrocarbons are it, ‘til HALEU-powered SMRs become common, and even then? They’re still gonna be building coal plants in China, India, et al.
When millions starving elsewhere, burning dung indoors, are no longer enduring their sufferings from abject poverty? They, too, can afford the shortsighted policies of CA, the EU, etc.
Meanwhile, unlike these empty suits, $Occidental Petroleum (OXY.US)$ has been doing something meaningful about sustainability, injecting up to 20 million tons of CO2 into geologic reservoirs for each of over 50 years… might be a factor in Buffett’s decision.
Transitioning requires realistic alternatives that actually work, such as natural gas and nuclear power, and in the interim? America produces the cleanest oil and gas with the least harm.

Dan’l OP beedeebee : Wanna stop terrorists and war? Make energy too cheap to fund them, and more difficult for aggressors to obtain.

Dan’l OP Zamm : I’d asked at the time for the FBI to do a deep dive into those benefiting most from their short and/or options interests in companies directly impacted by the terrorist attacks of SEPT 11, 2001. (I hope we got ‘em all.)

Dan’l OP Terra :

Dan’l OP Jowz : The “radical left” (a.k.a. Leftists, Marxists, Anarchists and so-called Progressive Democrats here the US) are waging war upon the entire West, attacking everything from morality and border security to science and biology, buUut… peoples everywhere have had enough: they’re finally fighting back.
Bought $Tesla (TSLA.US)$ @ 418 pre-market.

Dan’l OP 溫馨提示 : Global tensions are always a concern, especially before the transition between Biden and Trump… just one more month to go.

Dan’l OP 151822306 : Elon Musk is but one, of the many… we so often hear the words “rich and powerful” as if they are one and the same because, so often, they are ~;-)

Dan’l OP Jowz : Indeed… history tends to forget most anything, including them that change it.