Earnings, Recession, and Oil Demand

Recorded on August 2, 2022

Recession, China, Taiwan, inflation and concerns about oil demand on the brain? PetroNerds has you covered. Episode 54 of the PetroNerds podcast is a 44 min jam packed intel ridden podcast covering Nancy Pelosi’s visit to Taiwan and tensions with China, Exxon’s earnings call, and Chris Wright’s fantastic statement on the energy transition, investment pressure, and leadership in oil and gas in Liberty Energy’s Q2 2022 earnings call.

Trisha Curtis, CEO of PetroNerds and host of the PetroNerds podcast, walks listeners through current oil and natural gas prices and price pressure on oil prices. WTI $95.78, Brent $101.91, Henry Hub $7.89, Dutch TTF $/MMBtu $60, 30 Year Mortgage 5.05%, 10 Year Yield 2.71%. Trisha discusses Europe’s energy crisis, Spain instituting caps on air conditioning and heating temperatures, Germany’s increasing coal burn, the stock market and the Fed, inflation, and Walmart’s earnings miss and food inflation.

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