Episode 26 - Venezuelan debt sanctions | China is where demand for shale oil meets US supply | Big Oil vs Big Tech

Published: May 24, 2018, 1:21 a.m.

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Trump bans purchase of Venezuelan debt in new sanctions
https://www.ft.com/content/3202dad2-5d27-11e8-9334-2218e7146b04
(of related interested from April 10 - https://www.reuters.com/article/us-venezuela-goldman/amid-venezuela-default-goldman-receives-hunger-bond-payment-sources-idUSKBN1HH36H)
- With Venezuela\'s "sham" election, Trump administration banned purchase of Venezuelan or PdVSA debt in US
- What impact will this have on Goldman Sachs, which recently purchased PdVSA debt? Will Goldman be stuck with the debt or will it be allowed to sell it at some point?
- What hope is there for Venezuela? Actually could be very attractive place for investors is there\'s a change in government. Lots of potential with the oil industry for non-state actors to invest in production there.

China is where demand for shale oil meets US supply
http://thehill.com/opinion/energy-environment/388598-china-is-where-demand-for-shale-oil-meets-us-supply
- Is China a potential buyer for U.S. shale oil? Argument that Chinese independent refineries are perfect match for light oil produced by U.S. shale, especially as China\'s economy continues to shift to consumer based and more specialty petrochemical products are needed.
- Potential impact of US-China trade negotiations looms large over this prospect

Pick Your Stock-Market Boom: Big Oil vs. Big Tech
https://www.wsj.com/articles/pick-your-stock-market-boom-big-oil-vs-big-tech-1526922571
- How long will big tech boom last?
- Even with incase in oil prices, big tech companies are still valued significantly higher than oil giants.
- Potential for M&A with small oil and big oil whereas small tech doesn\'t necessarily get bought by big tech because lack actual assets.

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