Episode 84 - Iranian Oil Tanker | Trump and Ethanol | California Blackouts | Saudi Stock Markets - a podcast by Ryan Ray & Ellen Wald

Iran decries 'cowardly attack' on oil tanker
https://www.reuters.com/article/us-mideast-iran-tanker/iran-decries-cowardly-attack-on-oil-tanker-idUSKBN1WR05D

Iran State Media Say Oil Tanker Is Hit but Offer Conflicting Accounts on Cause
https://www.nytimes.com/2019/10/11/world/middleeast/iran-tanker-explosion.html

- Oil jumped slightly after Iran announced that Saudi terrorists attacked an Iranian tanker in the Red Sea but then came back down immediately.
- No explosion noticed
- Despite seeing all of these incidents, thats really all there’s been given all of the “tension” in the Gulf
- Are we back to the pre-Saudi attack scenario where we need more than a one off attack on a tanker to push prices up.

Trump's 15-billion-gallon plan for ethanol is a mistake
https://thehill.com/opinion/energy-environment/465376-trumps-15-billion-gallon-plan-for-ethanol-is-a-mistake
- vague policy designed to satisfy farmers but its not even doing that
- government makes policy designed for present situation and assumes that present situation will continue for future and when it doesn’t, we end up with the current ethanol policy that isn’t good for the environment, isn’t good for consumers and isn’t good for oil. It’s just good for farmers and ethanol industry.

Tesla Needs Its Battery Maker. A Culture Clash Threatens Their Relationship.
https://www.wsj.com/articles/tesla-needs-its-battery-maker-a-culture-clash-threatens-their-relationship-11570550526
- Panasonic vs. Elon Musk. Japanese battery maker isn’t happy with Tesla, which it manufactures batteries for.

Do California’s Blackouts Signal What’s In Store For All Americans?
https://www.forbes.com/sites/ellenrwald/2019/10/10/do-californias-blackouts-signal-whats-in-store-for-all-americans/#d9f2f85162b0
- California utility cuts power to hundreds of thousands of people to try to prevent wild fires
- Could this become a new normal for Americans if we end all fossil fuel use?
- What about rooftop solar + battery storage? Possible but can only power some appliances
- What about micro-grids?
- Energy policy might be better developed locally instead of monolithically. Might be better to have micro-grids in certain areas instead of giant grids

Saudi Arabia puts domestic stock exchange at center of Aramco IPO
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/101419-saudi-arabia-puts-domestic-stock-exchange-at-center-of-aramco-ipo

UPDATE 1-Saudi oil output seen at 9.86 mln bpd in Oct, Nov -energy minister
https://af.reuters.com/article/energyOilNews/idAFL5N26Z2SL

86 Questions about the Aramco IPO that Investors need to know: http://www.transversalconsulting.com/document-request/
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