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S3-5: A Deep Dive on Energy Prices & Outlook for 2023 and Beyond

S3-5: A Deep Dive on Energy Prices & Outlook for 2023 and Beyond

FromFinance Explained by Family Finance Mom


S3-5: A Deep Dive on Energy Prices & Outlook for 2023 and Beyond

FromFinance Explained by Family Finance Mom

ratings:
Length:
27 minutes
Released:
Dec 14, 2022
Format:
Podcast episode

Description

This week is all about energy prices, featuring a deep dive with Patrick DeHaan, Head of Petroleum Analysis for Gas Buddy.
Energy prices have been one of the significant drivers behind inflationary pressures we’ve seen over the last year… and in recent months, now that energy prices have started to abate, inflation is as well. But energy prices still remain high by historical measures.
Back in February, Patrick DeHaan, Gas Buddy’s Head of Petroleum Analysis, joined us to talk about what was happening in energy markets, and what a Russian invasion could mean for energy prices. His comments proved highly omniscient. 
I’m excited to have him back today to give an update on energy prices, including how energy prices are determined, the major factors impacting energy markets today, as well as what his near and longer-term outlooks are for energy prices so you can financially prepare.
We cover what drives gas prices, including:

What are the major drivers in the current energy market
The role of Russia, China, India, and Russian sanctions on gas prices
Why gas prices have fallen since summer, but are likely to go up again
Why the longer-term outlook for gas prices is likely higher and more volatile
His best ideas for a smoother energy transition with less costs to consumers
... and more!

For more on this show notes: https://familyfinancemom.com/what-drives-gas-prices/ 
For more on this week's guest, Patrick DeHaan:
GasBuddy.com 
Twitter.com/GasBuddyGuy
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Released:
Dec 14, 2022
Format:
Podcast episode

Titles in the series (76)

Finance Explained brings you the financial and economic news you need each week, along with an explanation of what it all means in a way everyone can understand, and more importantly, why it matters to YOU! Why did the market sell-off this week? Why is everyone suddenly worried about inflation? Why are interest rates rising or falling... and what you need to know about how it could impact your family’s finances. Welcome to Finance Explained… helping women everywhere build financial literacy and make better decisions for themselves, their families and their futures.