State Street Energy Select Sector SPDR ETF

Chamath oppose ×1 ▼ on 🛢️ Hydrocarbons melt: oil sees $45 before $65 E276 · 2026-06-13 ▶ 1:08:57

China has been smoothing the energy consumption globally ... we've kind of kept a damper on $200 a barrel oil. In fact, we're sub $100. ... If China somehow runs out of reserves and they need to go back into the spot market and buy an extra 3 million barrels a day, there's a very big risk that oil gets into the well past 100, and maybe between 150 and 200 a barrel.

Brad Gerstner support ×1 ▼ on 🛢️ Hydrocarbons melt: oil sees $45 before $65 E264 · 2026-03-13 ▶ 6:14

My suspicion is that these impacts are shorter duration... The United States produces 20 million barrels of oil a day and we consume 20 million barrels a day. This is a modest problem for the United States.

Chamath support ×1 ▼ on 🛢️ Hydrocarbons melt: oil sees $45 before $65 E264 · 2026-03-13 ▶ 8:21

The market literally took oil from $120 a barrel to $90 a barrel, almost in, ... there is no path to a sustained conflict. ... a coordinated release of about 400 million barrels

Chamath support ×2 ▼ on 🛢️ Hydrocarbons melt: oil sees $45 before $65 E257 · 2026-01-10 ▶ 1:11:04

the trend in oil is inexorable, and it's down. ... on a per-barrel basis, I think it's more likely to see $45 than $65.

Chamath reversal ×3 ▲ on ⚡ An Iran engagement escalates, doubles oil and derails the agenda E233 · 2025-06-28 ▶ 30:39

It double and triples down the ability to monetize oil and start to invest those returns in future projects that have a much better ROI. All of that leads to cheaper energy.

Friedberg support ×2 ▲ on ⚡ An Iran engagement escalates, doubles oil and derails the agenda E233 · 2025-06-28 ▶ 19:14

I don't think the Israelis are going to sit by quietly and allow this Iranian regime to continue to go out and build up a military that's constantly shouting death to Israel, death to the USA. And I think that they've taken their first shot and I don't think it's their last.

Sacks oppose ×1 ▲ on ⚡ An Iran engagement escalates, doubles oil and derails the agenda E233 · 2025-06-28 ▶ 11:37

President Trump accomplished that. We're not in a forever war. We're not in a war with Iran.

Chamath support ×2 ▲ on ⚡ An Iran engagement escalates, doubles oil and derails the agenda E231 · 2025-06-13 ▶ 1:34:37

I mean, you could see oil double, double. What happens to the economy of the world, of world GDP, of everything, of inflation. If you have oil at 100 bucks a barrel, 112 bucks a barrel, it's not good.

Their conventional weapons are fearsome and could do great damage to our allies, to Israel and to American assets in that area and also to energy production in countries that we rely on. So I think the downsides are really kind of overwhelming. I think a protracted, meaning anything over a day or two engagement with Iran would derail the Trump agenda and the presidency.

Sacks support ×1 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E229 · 2025-05-24 ▶ 34:19

This bill passed by one vote margin. It was hanging on by a thread. And if it failed, you get basically hundreds of billions of tax increases, which we don't need right now.

Sacks support ×1 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E226 · 2025-05-02 ▶ 16:13

But I do think that this sets us up for a Trump boom in the future. It's just that a lot of these changes take time to play out.

Chamath support ×3 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E226 · 2025-05-02 ▶ 41:41

This past week, Besson said that the tax bill will allow you to fully deduct all the PPE and all of the incidental costs of building a factory... The point is, that thing would create an absolute economic bonanza if it were to get passed.

Gavin Baker support ×2 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E221 · 2025-03-29 ▶ 33:05

One thing everyone agrees on is deregulation is good. So every time they say the word tariff, they need to say the word deregulation two or three times.

Friedberg support ×3 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E221 · 2025-03-29 ▶ 36:47

Well, I think the proposal that I've heard from this administration that we heard from Howard Lutnick when we met with him was they're going to cut all taxes for people making less than $150,000 a year, so get the tax rate to zero.

Sacks support ×1 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E215 · 2025-02-15 ▶ 27:58

And by the way, that language about dominating AI and winning the global race, that is in President Trump's executive order from week one. So this is very much elaborating on the official policy of this administration.

Chamath support ×2 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E212 · 2025-01-25 ▶ 16:03

And what I saw was a very broad-based embrace of business people, because I think that the president understands how important it is to make sure that economically, America is just firing on all cylinders.

Sacks support ×1 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E212 · 2025-01-25 ▶ 1:52:37

So the number one thing that that EO does is rescind the Biden EO, which we talked about in this podcast, I don't know how many episodes ago, but you remember it was this 100-page monstrosity of burdensome regulation.

there's actually this total combination of actually fewer regulations. You'll spend less money in government. You'll actually grow the economy faster, which will create more jobs.

Chamath support ×2 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E207 · 2024-12-13 ▶ 14:53

I think that the United States economy is too complicated to be managed by theoreticians, by folks with random PhDs and absolutely no working experience in the real world. And when you bring those people in to oversee those PhDs, I think you probably get better outcomes.

I think almost all reasonable Americans can see that our growth is ridiculously constrained

Gavin Baker support ×3 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E206 · 2024-12-07 ▶ 4:43

So I just think deregulation and simplifying regulations and the tax code is going to lead to an immense amount of growth

Jason support ×2 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E205 · 2024-11-23 ▶ 43:34

I think it's the greatest thing that could ever happen.

Sacks support ×3 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E205 · 2024-11-23 ▶ 9:11

I think that the expectations for DOGE right now are being set incredibly low by the media and by the Washington insiders. And I think there are good reasons to believe that the results will surpass those low expectations.

Chamath support ×3 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E205 · 2024-11-23 ▶ 20:09

But the idea of just cutting this all the way down and then finding through that process what you actually need, I think can find America a hundred, two hundred basis points of GDP growth. It could be an economic renaissance.

Friedberg support ×3 ▲ on 🏛️ A second Trump term reflates growth via deregulation and lower corporate tax E205 · 2024-11-23 ▶ 43:16

Look, if the federal budget gets to $3 trillion and regulation gets cut, if you get 50% of the regulations in federal agencies cut, I think you unleash an economic sonic boom. I'm all in on DOGE.