Timothy Sumer

FREE GOLD IRA GUIDE: WEBSITE: _____________________________________________ It happened. It’s all about the most energy efficient, eco friendly, and products using sustainable materials. They are the products the market wants. Proof? Tesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker. Tesla has just transformed an industry that’s relied on internal combustion engines for more than 130 years. Shares of Tesla, which have nearly tripled since the start of the year, climbed about 25%, giving Tesla a market capitalization of $224.1 billion, surpassing Toyota’s $204.9 billion. The most cost effective brand bowed to the brand for the environment. Chief Executive Elon Musk has ignored or broken many of the established auto industry’s rules and norms in the 10 years. He sold cars online and assembled in high-cost California. Although his company’s value has soared, there remains a gulf in the scale of his company and the world’s biggest car manu...

FREE GOLD IRA GUIDE: WEBSITE: _____________________________________________ The U.S. Energy Information Administration confirmed over a year ago that the US is the world’s biggest oil producer. And yet, in 2019, we imported about 9.10 million barrels per day (MMb/d) of petroleum from nearly 90 countries. In the same year, we exported about 8.57 MMb/d of petroleum to about 190 countries and 4 U.S. territories. It seems silly but it isn’t. It is necessary to continue to import oil… for as long as we are dependent on it. There are three important things we need to understand. First, almost no one consumes oil directly. It must be refined into the fuels, feedstocks, materials and products that we use in our daily lives. Second, where oil is produced versus where there is refining or manufacturing plants, or the location of the greatest consumer demand, affect its usefulness and therefore value. Third, you need different kinds of oil to make different products. D...