Bezos' VC fund put $19M into General Fusion, a Canadian comp, to harness nuke fusion. Magnetized Target Fusion. El current generated in conductive cavity containing lithium and a plasma. Current produces mag field, cavity collapses for massive temp spike. Lithium breaks down into helium and tritium. Tritium fused with deuterium to make helium, releasing E. The plasma only has to stay at thermonuke temps (150M C) for a microsecond. But it was supposed to have been proven feasible already. So, betting money is not in our lifetimes. But good luck Jeff.
Bill Gates also investing in a modualr nuke venture. And there's thorium ventures.
Reuters reported Saud crude production up 300kb/d in April to 8.5M. Saud banker said production expected to avg 9M/d this year. Looks like they have to step on it.
E. China has been having power outages from coal shortages.
Gasoline prices hit >$9/gal in Germany after Russia stopped exports because of their domestic shortages.
Seems Pakistan will soon have few, if any, goods to export and will be living on subsidies from foreign govs. Remember, these guys have nukes.
Nepal just about completely out of motor fuels from inability to pay the bills.
And Hertz charging >$9/gal to customers who don't bring back a full tank.
Happy trails, pards.
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