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Home > Energy Week > Episode 33 - Tesla troubles | $400 oil? | Trump vs Iran | Q&A from a listener
Podcast: Energy Week
Episode:

Episode 33 - Tesla troubles | $400 oil? | Trump vs Iran | Q&A from a listener
Category: Government & Organizations
Duration: 00:49:08
Publish Date: 2018-07-25 16:21:11
Description: Sponsor: globalenergymedia.com/courthouse contact the show: 318-599-9192 On Tesla: https://www.cnbc.com/2018/07/23/tesla-shares-drop-after-carmaker-reportedly-asking-for-partial-cash-re.htm Tesla reportedly asking for money from suppliers that it has paid since 2016 back so it can look better on its balance sheet before its Q2 earnings call. For laughs: https://www.washingtonexaminer.com/policy/energy/expert-makes-the-case-for-400-per-barrel-oil Oil will be somewhere between $0 and $1 million! Forecasting crazy numbers will get you on the front on Drudge Report but might On Iran: https://www.cnbc.com/2018/07/23/oil-prices-could-hit-200-a-barrel-if-us-and-iran-go-to-war.html Actual likelihood that Strait of Hormuz can be blocked is very very small. On Halliburton: http://www.worldoil.com/news/2018/7/23/halliburton-tumbles-as-fracking-giant-sees-second-half-slowdown This reflects the normal ebb and flow of the market. Pipeline issues could be resolved but sometime in 2019. Don't want to commit to projects until secure in prices and profitability. Talking to people on the ground, its a company by company deal - some have said will be facing slow downs some not facing them at all. Depends on what agreements they had in place and what the service agreements are on the pipelines. Rig count will be interesting to watch - count may stay stable but rigs would be moved from permian to eagle ford temporarily. https://www.chron.com/business/energy/article/Schlumberger-reports-430-million-quarterly-profit-13090933.php Q&A from listeners: Question about future of inland and offshore barge transportation - Jones Act creates incredible costs for commerce in places like Puerto Rico and others. More on this next week!
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