164 Comments
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Steve's avatar

Hi Doomberg. If it turns out the Deepseek news is accurate. Would you still be long natural gas?

David Lentz's avatar

Doomberg have you seen this on zero hedge

China's DeepSeek Bombshell Rocks Trump's $500BN AI Boondoggle

Apparently the Chinese approach uses much less power and much cheaper

So don’t need all those nuclear power plants and 30k usd nvidia chips

Early days

IronDonut's avatar

I'd add one more winner to the prediction, the companies that make and service the machines that convert natural gas into moving electrons.

Sama's avatar

Do you have any LNG primer book recommendations for non-engineering folks? I'm an energy lawyer and eager to learn more. Claude suggested LNG: A Nontechnical Guide by Tusiani but it's from 2011 and technology and market dynamics have changed a lot since.

Thomas Snyder's avatar

It's shameful that western New York state is denied the opportunity to extract its wealth of natural gas and offer another venue for data centers. The down-on-their-luck cities west of Albany could become busy hives of valuable economic activity but for the Democrat's fracking ban.

Walker's avatar

Happy New Year to you as well! That bit about Alberta investing in data center was news to me. This is why I love your work. You never seem to fail to provide a nugget with every piece. And, I love my nuggets!

JBS's avatar

President Trump should try to add Alberta on a standalone basis. The leadership and presumably

most the population there seem more aligned with America in many key ways, so if the relevant Canadian and provincial laws allow for secession…let’s do it! (Doubly so if Mark Carney becomes PM.)

Kent Buckles's avatar

I really enjoy each article. It is helpful to keep one step ahead of the crowd. Thanks again!

Madie's avatar

I would also point out that water is a very important component to cooling large and small data centers. The Permian in addition to cheap natural gas has an abundance of water!

Dave's avatar

HNY! Doom will you do a piece on Thorium. Thank you.

Mason Williams's avatar

Another succinct look at global energy dynamics. My first year with the Doomberg Chicken will certainly continue! Have a great new year and thank you.

The Economy Rocket's avatar

I love the chicken. Happy new year guys, and I'm eagerly awaiting your articles. :-)

Tubthumping's avatar

"Third, energy prices are highly inelastic, such that mere percentage points of regional supply imbalances cause wild market swings."

Uhmmm...did you mean to say energy DEMAND is highly inelastic? Because the supply-caused market swings you mention next can make for rather elastic prices, after all.

Or did I miss something?

Take California's avatar

This on the future of the US energy policy distortion:

https://youtu.be/K8Nz-4eEBTw

How does this pan out in light of reality? (Reality is that which doesn't go away even if you stop believing it.)

This fellow lays out the logic and realities of an all-electric pipe dream. Many succinct, easily understood arguments would be politically powerful soundbites/memes to be had. Reason, after all, is the servant(bitch) of emotion. It's most effective when well-couched in emotional appeals.

OldManPeter's avatar

Keep the articles coming. Have a joyous 2025

Kirk May's avatar

Insights into energy and how it makes the world turn have been insightful as well as profitable from an investor standpoint too. the subtle sarcasm is icing on the cake. Wishing continued success. I'll be along for the ride. Thanks