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Home > Energy Week > Episode 40 - A look at the WTI vs Brent spread | Khalid al Falih and Rick Perry meet in DC | Elon Musk is what drives Tesla's share price
Podcast: Energy Week
Episode:

Episode 40 - A look at the WTI vs Brent spread | Khalid al Falih and Rick Perry meet in DC | Elon Musk is what drives Tesla's share price

Category: Government & Organizations
Duration: 00:50:29
Publish Date: 2018-09-13 13:39:39
Description: contact the show 318-599-9192 https://www.wsj.com/articles/u-s-crudes-discount-to-global-prices-opens-taps-to-exports-1536701798 WTI and Brent differential is almost $10, Shale oil producers have to offer oil at discount because of lack of pipeline capacity https://www.reuters.com/article/us-usa-energy-saudi/us-and-saudi-energy-ministers-meet-in-washington-doe-idUSKCN1LQ1SU Khalid al Falih and Rick Perry meet in DC (after attending a Texas A&M football game on Saturday night with Exxon CEO Darren Woods) to discuss nuclear technology for Saudi Arabia Possible leverage for US over Russia when it comes to nuclear tech https://www.reuters.com/article/us-venezuela-oil-exclusive/exclusive-venezuela-signs-oil-deals-similar-to-ones-rolled-back-under-chavez-document-idUSKCN1LQ2FQ According to a document obtained by Reuters, Venezuela wants to bring in small companies to help its oil industry. What kind of companies will be interested in coming in? Is there any chance the companies will take the risk of working with the Maduro government? https://www.reuters.com/article/us-oil-prices-kemp/traders-bet-iran-sanctions-will-leave-market-short-of-crude-kemp-idUSKCN1LR1V8 Perception of lack of oil by traders is pushing up prices now Will rising gasoline prices impact the election? Some think it will impact people at under $4/gallon some think it won't impact consumers until it hits $4/gallon https://twitter.com/plattsoil/status/1039607935809273857?s=21 Colonial and Plantation pipelines go through South Carolina and North Carolina. Could be flooding or power outages from Hurricane Florence which could impact gasoline availability in North East. Jones Act will make it difficult to bring oil by ship to North East ports unless it is suspended. https://www.forbes.com/sites/ellenrwald/2018/09/07/tesla-is-elon-musk-for-better-or-for-worse/#3a49fd201f79 Elon Musk is what drives Tesla's share price. Musk says he spends most of his time on engineering problems. Perhaps that's not the best use of his time as CEO.
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