Stock Market Expects To Be Whipsawed Over Next Few Days With Global En-ergy Turmoil As Crude Oil Settles At $101 Last Evening Amid Russia-Ukraine Fighting; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Other Installers Of Alternative Energy Hope For Worldwide Stability To Return
Investors are fully anticipating the energy markets to be in turmoil this week, as Global Brent Crude settles at $101.76 per barrel last evening — presaging an unstable international market as long as the fighting instability continues. oil.com is covering the fast-changing global energy prices. Alternative energy stocks, in solar, wind and nuclear, are spiking higher — but in this environment, that could change, as well. To Solar Integrated Roofing Corp. (OTC PINK: SIRC) and other installers, a return to energy stability will help. SIRC installers roofing solar sys-tems and installs EV Charging Stations to help consumers and institutions meet carbon emissions goals and drop demand for fossil fuel oil and gas.
stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
Stock Market Expects To Be Whipsawed Over Next Few Days With Global En-ergy Turmoil As Crude Oil Settled At $101 Last Evening Amid Russia-Ukraine Fighting; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Other Installers Of Alternative Energy Hope For Worldwide Stability To Return
Fossil fuels oil and gas played a key role in the fighting between Russia and Ukraine. Market insiders anticipate wildly fluctuating oil prices this week as Brent Crude — the true index on global pricing — settled at higher than $101 last night.
Alternative energy sources solar and wind have s long way to go in the U.S. to meet total energy needs. Despite lofty goals goals of ridding the environment of fossil fuel carbon emissions, electric car penetration remains at only 4% of OEM sales in America. For solar, California mandates its use on most new residences and commercial structures — while at the same time utilities are fighting the ben-efits of solar with new net metering policies.
California has the largest numbers of solar homes in the U.S. with 1.3 million. But the same solar net metering issues threaten solar growth in sunny Florida — where potential growth is great. Stock Market Expects To Be Whipsawed Over Next Few Days With Global Energy Turmoil As Crude Oil Settles At $101 Last Evening Amid Russia-Ukraine Fighting; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Other Installers Of Alternative Energy Hope For Worldwide Stability To Return.
So in electric cars and solar, it is too soon to abandon fossil fuels for alternative energy sources. $100+ per barrel priced oil may help propel the move to all-electric vehicles from gas-powered ones, but it will take time and money to make the transition. Because the Biden Administration moved quickly to cut the Keystone Pipeline and other oil and gas sources, the U.S. in 2022 will be a net energy-importing country again.
Long term, SIRC will benefit from the accelerated move to alternative energy — in cars and home HVAC. Short term, it will have to grow a national footprint as a brand as it seeks to up list to a larger stock exchange.
The performance numbers are on its side. To SIRC, global developments bright-ened the outlook for its EV Charging Station installer subsidiary PLEMCo. Stock Market Expects To Be Whipsawed Over Next Few Days With Global Energy Turmoil As Crude Oil Settles At $101 Last Evening Amid Russia-Ukraine Fighting; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Other Installers Of Alternative Energy Hope For Worldwide Stability To Return
Electric charging stations are projected to reach $111.90 Billion by 2028 with a 30.26% CAGR jump, says Fortune Business Insights.
SIRC through subsidiary PLEMCo., is right in the middle of the global move to electric vehicle models. Electric cars have headwinds such as sourcing earth metals and batteries for electric cars.
But the tailwinds may overwhelm all. Government grants, tax abatements to OEM car companies and consumer buyers may be enough to keep electric car sales meeting carbon emission goals in 2030 and 2050. Government fleets of electric cars and their supporting EV Charging Station network may be more than enough to win.
Stock Market Expects To Be Whipsawed Over Next Few Days With Global En-ergy Turmoil As Crude Oil Settles At $101 Last Evening Amid Russia-Ukraine Fighting; Solar Integrated Roofing Corp. (OTC PINK: SIRC) And Other Installers Of Alternative Energy Hope For Worldwide Stability To Return
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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