25 min listen
Why It's So Hard to Get the Oil Taps Turned Back On
FromOdd Lots
ratings:
Length:
50 minutes
Released:
Jun 20, 2022
Format:
Podcast episode
Description
Oil prices are sky high. And there's plenty of oil in the ground in North America. And so far the supply response has been disappointing. Frustration is boiling over among drivers and politicians, and it's made life more complicated for the complicated. So what's the hold up? On this episode, we speak to longtime energy investor and industry participant Peter Tertzakian about the reality on the ground. He explains that there are numerous operational factors constraining oil supply, including degraded quality of equipment and a shortage of labor, not to mention a reluctance among investors to splurge on new production. We discuss the specific constraints, as well as what it will take to get supply going on.
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See omnystudio.com/listener for privacy information.
Released:
Jun 20, 2022
Format:
Podcast episode
Titles in the series (100)
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