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Industry Focus

Energy: The Texas Blackouts

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 18 February 2021

⏱️ 25 minutes

🧾️ Download transcript

Summary

Motley Fool Contributor Jason Hall joins the show to break down what happened with the blackouts in Texas and potential impacts it could have across the energy and industrial sectors.

Stocks Mentioned: LGIH, PGE, OXY, CVX, PAA

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Transcript

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0:00.0

Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.

0:20.4

And we're talking energy. And today we're talking Tech.

0:23.0

Let's dive in.

0:24.0

Welcome to Industry Focus.

0:28.0

I'm Nick Saipel.

0:30.0

Texas is dominating the energy world this week with a generational winter storm

0:34.5

leaving millions without power.

0:36.6

Motley Fool contributor Jason Hall joins me to break down what's going on with these

0:40.4

Texas blackouts and its broader implications. Jason, welcome back on the and it's broader implications.

0:43.0

Jason, welcome back on the podcast.

0:45.0

Hey Nick, good to be on.

0:46.0

I got a brother in Texas.

0:48.0

He's in San Antonio, so he's pretty far south, but he's been in Texas on an off since 89.

0:52.0

He's never seen. He's not this is yeah. This is tough

0:56.3

Yeah, I can't imagine so yes snow in Texas in general crazy snow to the extent that it's shutting down the power grid is wild.

1:04.0

I think this continues, you know, this past year you want to look back,

1:08.0

you know, March of last year was really when this whole pandemic stuff started.

1:11.0

We've had crazy hurricane season. We went into the

1:14.1

Greek alphabet. Now we have this a blackout in Texas. It's really been a

1:18.8

crazy year. What is going on in Texas right now? Like what, like what, fundamentally what is happening?

...

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