3 min listen
This Is What Needs To Happen for Oil Prices to Finally Come Down
FromOdd Lots
ratings:
Length:
54 minutes
Released:
Feb 21, 2022
Format:
Podcast episode
Description
The price of oil has surged over the last year, and U.S. oil companies are making money hand over first. In theory, the high prices should stabilize as more drilling is done. But so far, the supply response has only been modest. After years in which U.S. oil companies (shale players, in particular) lit money on fire by expanding production at all costs, the industry is reluctant to invest in new production. So what will it take? On this episode, we speak with Rory Johnston, Managing Director and Market Economist at Price Street and the author of the Commodity Context newsletter, to get a better understanding of the factors moving oil prices, and what it will take to bring them down.
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Released:
Feb 21, 2022
Format:
Podcast episode
Titles in the series (100)
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