Higher Oil and Higher Yields

The PetroNerds Podcast

Recorded January 9, 2025 and October 17, 2024

https://www.youtube.com/watch?v=-eRSxLuTl0g

Episode 123 of the PetroNerds podcast is your complete market update for everything happening in 2025. This podcast is a timely and condensed talk on oil, energy, and power that Trisha Curtis gave to students at the Colorado School of Mines.

This energy dense podcast gives you everything you need to get your 2025 off on the right foot. Trisha introduces this podcast with a thorough market update covering the rise in oil prices, the rise in the 10 Year Yield, the Federal Reserve, and much more. Trisha dives into the rise in oil prices and notes that these prices seem slightly overdone, but explains that there are many geopolitical factors and events that could cause prices to stay here or rise further.

She spends time walking listeners through the rise in the 10 Year Yield and the Federal Reserve and how the Yield is rising despite the Fed lowering interest rates. She explains that the Fed is looking at potential policies of the incoming Trump Administration, but did not take into account the spending of the Biden Administration and Congress in the past four years. She talks about oil prices, geopolitics, and potential moves of the Trump Administration, Russia, Iran, and persistent and inflation.

The body of this podcast is the presentation and talk Trisha Curtis gave to students at the Colorado School of Mines on October 17th, 2024. This talk is tailored to focus on the geopolitical economics of energy. She walks students through traditional fuel consumption, why watching oil prices and the oil market is so important, the biggest themes in energy including hot wars and the forthcoming election, China, and US oil production, productivity, and resiliency. She gets into the weeds on US, Chinese, and global energy consumption and power generation by fuel, actual global CO2 emissions and where they are coming from (China), power demand growth, and the rise in Colorado, US, and global electricity prices and the direct correlation to the increase of wind and solar into the grid.

This talk is good, but the Q&A is better and a fired up Trisha Curtis explains to students that Europe is driving their economy into the ground in the name of lowering CO2 emissions while global emissions are rising because European manufacturing is simply taking place in China.

This is a PetroNerds podcast you are going to want to listen to more than once and share with your friends and colleagues.

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