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Welcome to Animal Spirits, a show about markets, life, and investing.

Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching.

Michael Batnik and Ben Carlson work for RIT Holt's Wealth Management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

and do not reflect the opinion of RIT Holt's Wealth Management.

This podcast is for informational purposes only and should not be relied upon for investment decisions.

Clients of RIT Holt's Wealth Management may maintain positions in the securities discussed in this podcast.

Welcome to Animal Spirits with Michael and Ben.

Michael, we've had a few people come in the podcast over the years talking about the possibility of a commodities supercycle.

I think one of the more unintended consequence way that this could happen is the movement away from fossil fuels.

Just because... Go on.

If everyone's going to be driving an electric vehicle in the years ahead, getting from where we are now to there

seems like it's going to take a long time for the build-out of not only the cars and the battery technology,

but also the plug-in system for chargers and all that stuff.

If people see that's where we're going and then we just stop investing in oil and gas technology

as much as we did in the past, doesn't that just drive the price of oil up until we get to that point

so that the transition period makes it even worse?

I was about to say something I have no opinion.

I don't know. I was going to say they're not going to stop producing oil and gas.

...