+0.0
net board stance
what this means
276.06
-5.5% · close 2026-09-08
+8% / +16% / +19%
1m / 3m / 12m
-28%
vs SPY since 2022-08-26
82%
of 52w range · -6.7% off high
1/2
hit rate as primary · α +13
Where we stand — 0 live ideas
No active idea holds this ticker. Anything below is history.
Where the winds are blowing
NET BOARD STANCE, LAST 60 EPISODES —
rising = the besties are building this position, falling = abandoning it. Replayed from
score_events; an idea counts from birth until its window closes.
PRICE VS SPY OVER THE SAME WINDOW, % — did the
talk lead the tape or follow it?
Who's pushing which way
each voice's net push ON THIS TICKER — their most recent stance per idea × the idea's direction × strength, so supporting a bearish idea pushes down. Not conviction (that lives on the idea); this is direction of travel per person. what w= means
Track record on LNG
As a PRIMARY play the besties are 1 hit / 1 partial / 0 miss over 2 closed windows — credit 0.75, average α +13.2. Adjacent plays are listed but never scored.
| idea | call | play | verdict | R | α | closed |
|---|---|---|---|---|---|---|
| ⚡ Europe has to replace Russian gas — US natural gas and LNG export is the answer | ▲ LONG | primary | HIT | +24.4% | +30.4 | 2023-02-24 |
| ⚡ Energy crisis reverses green policy - nuclear and natural gas get rehabilitated | ▲ LONG | adjacent | PARTIAL | +8.3% | -6.4 | 2023-07-08 |
| ⚡ US natural gas industry wins 2023 — Europe is now a captive LNG customer | ▲ LONG | primary | PARTIAL | +18.5% | -3.9 | 2024-01-06 |
The tape — what was actually said
every capture on any idea holding LNG, newest first · quotes verbatim, timestamps deep-link into the episode
And they no longer have that anymore. In fact, they may never have that again. So they're going to pay a very high price economically, maybe forever.
And we've discussed the benefits on this program of now we've shifted the European dependence on Russian gas to a dependence on American gas.
The West is never going to trust them again. The Germans are never going to buy their oil again.
We've basically shifted Europe onto American natural gas. We've destroyed Nord Stream.
My answer for the big business winner of the year is America's natural gas industry... Europe rapidly built terminals to receive liquefied gas... Europe is now completely dependent on American natural gas... a pretty impressive win for the American natural gas industry.
You know, there was a huge raft of whether it was green ESG, kind of woke liberal politics that manifested itself in all kinds of national security decisions and energy decisions that in this last year, they literally had to undo in order to stay alive.
I'm fine with clean fracking as a way, as a bridge.
I mean, look, we were energy independent based on fracking. You may not like fracking, but it did get us energy independent.
Like I said before, China's declared that they're building 450 nuclear power plants. The net cost, effective cost of electricity production out of a nuclear power plant is somewhere between one and five cents per kilowatt hour. The US on average is paying 11 to 15 cents per kilowatt hour.
I've never been against fracking. I believe in net gas. I believe in coal actually as a bridge fuel. I believe in all of these things.
These are the districts that need coal, coal fired plants, LNG, oil to keep going, to sort of minimize the impacts of inflation.
There's an acute energy shortfall. You can't just make that up. You can't convert oil into natural gas to heat people's homes. It's impossible structurally right now in the timeframe that it's needed.
Don't forget that Biden canceled our energy independence the first day he was in office.
I've been for energy independence since the beginning. I've been talking about nuclear since the beginning.
The reason I think people can be energy independent today is because of technology like nuclear. And I think that every country in the world should find a way to get energy independent.
And when Greta Thunberg was able to shame an entire continent into basically walking away from nuclear and not really evaluating how you can actually have energy independence, what they did was they put Europe in an incredibly fragile position.
I think the only way we'll be able to deal with him is if he doesn't have the oil market he has. He just has too much power from that oil. And over time, that's the solution. We have to be energy independent.
No, it's true. If you're willing to use natural gas and fracking, America is one of the richest energy countries in the world.
You just saw, actually, Elon just gave a talk and made news this past week from Norway where he said that we still need oil and gas. He's the leading innovator in basically moving to solar and renewables. And he said, listen, unfortunately, we got to rely on oil and gas because it's too important for civilization.
If you actually believe this is a cataclysmic issue, you need to basically be okay with hydrocarbons because it is the only credible bridge fuel we have to keep the world working properly. Because otherwise what David said is right, we are going to economically destroy parts of the world by trying to race towards this net zero goal. By the way, guys, I just want to take the, you know, rip the bandaid off. Net zero by 2050, 26, it is not possible. There is zero credible plans that the world has to do it.
And we saw obviously Germany is, you know, thinking the three remaining of their six that they were going to turn off, they're putting back on. And I think we're going to see new ground broken. And Japan came out just in the last week and said, they're going to build more nuclear power and nuclear power plants.
And we need to do what's in our economic interest, which really is investing in nuclear, investing in solar, batteries, wind, and even and brittuals.
And what's amazing is that if we actually pass this framework, which is still yet to be written around how to make permitting more seamless and efficient for these hydrocarbon projects, it will really unleash a massive torrent of both revenues back to the United States.
It is a necessary bridge fuel. And so we need to, if we're talking about energy independence, it can't happen without us, frankly, drilling more and subsidizing the capital incentives of private companies to go and do this exploration work, which they have stopped, Jason.
just like they flipped last week and they made natural gas and nukes, nuclear power, a green energy. So yeah, their morals and ethics and their virtue signaling go as far as their wallets and their heat and meals go, as we all know.