iShare Blog

 

Oil is a leading export worldwide By   ALEXANDRA TWIN Updated April 15, 2022 Fact checked by   TIMOTHY LI Oil is the third largest  exported  product in the world, by revenue. In 2020, crude petroleum accounted for 3.82% of global trade. 1 Crude oil is unrefined petroleum that's used to manufacture many products, including gasoline, heating fuel, and plastics. As of 2020, global oil production reached 4.2 billion metric tons. 2 Historically, Saudi Arabia has led the world in annual oil exports, but that changed in 2019 when the United Arab Emirates overtook it as the world's biggest oil exporter. In 2020, Saudi Arabia recaptured the top spot. 3  The United States has also increased its share of global oil exports, accounting for 8.17% of exports in 2020, up from 5.71% in 2019. 3 This article looks at the top 10 oil-exporting countries in the world. Together, these 10 countries accounted for nearly three-quarters of global oil exports in 2019. 4...

Click on Read more to get access to the file.

Dividends for major companies - TSX Click on Read More to see the table

  An interesting take on Electric Cars from a conversation:   “As an engineer I love electric vehicle technology However, I have been troubled by the fact that the electrical  energy to keep the batteries charged has to come from the grid, and that means more power generation and a huge increase in the distribution infrastructure. Whether generated from coal, gas, oil, wind or sun, installed generation capacity is limited. IF ELECTRIC CARS DO NOT USE GASOLINE, THEY WILL NOT BE  PAYING A   GASOLINE TAX ON EVERY GALLON SOLD FOR AUTOMOBILES, WHICH WAS ENACTED TO MAINTAIN OUR ROADS AND BRIDGES. THEY WILL USE THE ROADS, BUT WILL NOT PAY FOR THEIR MAINTENANCE. In case you were thinking of buying hybrid or an electric car... Ever since the advent of electric cars, the REAL cost per mile of those things has never been discussed. All you ever heard was the mpg in terms of gasoline, with nary a mention of the cost of electricity to run it. Electricity h...

  EFT - mostly Uranium that we discussed at the last two meetings, took another steep drop today (May 4). I got in when it started to rise, put in a sell price, and before I knew what was happening, it was gone...too soon, but with a profit. One to watch and put in an alert for a sudden drop. There were two recent drops as you can see on the chart. IMG (IAMGold) was downgraded and tanked. I got in when it started rising. Another one to watch. It will probably creep back up.

 A regular meeting at Picasso's Group picture at Picasso's Christmas party

Macklem’s Words Boost Bets on 75 Basis-Point-Hike in Canada Erik Hertzberg Fri, April 22, 2022, 10:15 a.m. · 3 min read  Bloomberg) -- Traders placed bets on a 75-basis-point rate hike from the Bank of Canada after Governor Tiff Macklem acknowledged the potential for rapid increases to borrowing costs to curb inflation that’s at a three-decade high. Most Read from Bloomberg The Second Wave of the Russian Oil Shock Is Starting Kremlin Insiders Alarmed Over Growing Toll of Putin’s War in Ukraine Ukraine Latest: U.S. Says It Has Slowed Tech Goods to Russia U.S. Blasts China’s Support for Russia, Vows to Help India Ukraine Latest: Russia Aims for South as Scholz Fears Broad War Macklem and his officials delivered the first 50-basis-point increase in interest rates among Group of Seven nations last week. Asked Thursday evening about the possibility of moving by more than that amount at a future decision, Macklem said he was “not going to r...

Another article from the globe on inflation and interest rates Carrick on Money: A four-alarm warning about inflation’s impact on your finances     April 21, 2022           FRED LUM/THE GLOBE AND MAIL      A four-alarm warning about inflation's impact on your finances - Plus, a deep dive into rental car collision-damage protection available from reward credit cards and the unaffordability problem in housing explai...