In this episode, David and Ryan why the oil market seems overly jittery now that it appears the market is back in balance after three years of chronic over-supply. They also discuss how super tankers co-loaded with crude from both the U.S. and Mexico have helped open up Asian markets to U.S. producers, why solar really isn’t cheaper than coal despite all the hype in the media, and celebrate the fact that Shell has now restored its full cash dividend thanks to its strengthening bottom line.
Episode 5 – Debating energy-related issues based on facts and reality rather than hyperbole
Show Notes: In this episode David and Ryan discussed the pending deal between Russia and OPEC to extend their export limitation agreement through the end of 2018, and how crucial that deal is for the direction of crude oil prices on the global market. Also discussed: natural gas production in the Permian Basin; what’s next for the Keystone XL Pipeline; the ongoing revival of Alaska’s oil and gas industry; and why renewables won’t be crowding fossil fuels out of the energy markets anytime soon.