• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days Does Toyota Know Something That We Don’t?
  • 21 hours America should go after China but it should be done in a wise way.
  • 7 days World could get rid of Putin and Russia but nobody is bold enough
  • 9 days China is using Chinese Names of Cities on their Border with Russia.
  • 10 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 10 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 10 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 9 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 13 hours How Far Have We Really Gotten With Alternative Energy
  • 10 days Putin and Xi Bet on the Global South
  • 10 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 11 days United States LNG Exports Reach Third Place
  • 11 days Biden's $2 trillion Plan for Insfrastructure and Jobs
Houthi Red Sea Attacks Are Boon for Pirates as Ships Reroute

Houthi Red Sea Attacks Are Boon for Pirates as Ships Reroute

It’s unlikely that surging piracy…

Anti-Oil Activists Shift Focus to Insurers

Anti-Oil Activists Shift Focus to Insurers

Activists have also started attacking…

ADNOC CEO: Global Energy Demand Growth Is Unsustainable

ADNOC CEO: Global Energy Demand Growth Is Unsustainable

According to ADNOC CEO Al-Jaber,…

Editorial Dept

Editorial Dept

More Info

Premium Content

The Easiest Way To Bet On Hydrogen?

As I have said many times before, I have made a living from markets on and off for around forty years. I have often looked back and analyzed what it is that has made that longevity possible, and one of the things that keeps coming up in that context is that I am inherently skeptical of consensus. I guess that makes me what Americans call “ornery” and we British would simply refer to as an argumentative pain in the backside, but it has always made me look for a counterargument when everyone seems to agree on something, and that has served me well over the years.

That is why, even though I have long-term positions based on the growing consensus views that EVs are the future of the automobile industry, and that solar and wind power are the future of energy in terms of electricity generation, I have still been looking for a way to hedge those trades. One way to do that is an ETF that is focused on hydrogen power, the Direxion Hydrogen Fund (HJEN).

Hydrogen power has long been seen as the holy grail of alternative energy, an energy source that uses the most abundant raw material on the planet, water, with no known detrimental environmental impact. The problem is that extracting, storing, and transporting hydrogen is not that easy, and the power plants it requires are bulky, heavy and relatively expensive. There have been some advances in those fields, but other energy sources and EVs have gained the upper hand.

However, should there be just a few more…





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News