Texas, the Grid, Nat Gas, and Hot Oil Prices

Originally Posted On: https://www.digitalwildcatters.com/texas-the-grid-nat-gas-and-hot-oil-prices-february-22-2021-petronerds-podcast/

This is a timely and must listen to episode of the PetroNerds podcast. This is one of the first Digital Wildcatter podcast mashups. Trisha Curtis shares the stage with the first guest co-host of the podcast, Robert Norton.

Robert is filling in for Ethan Bellamy this week and is another midstream expert and economist. Trisha and Robert discuss all things related to weather and energy after the major storm that rocked Texas and much of the US during the second week of February and get into the weeds of pipelines, production, and power failures.

They also discuss Colorado’s proposed ban for natural gas in new builds and propane and Enbridge Line 5 in Michigan. The letter from the state of New Mexico to the Department of Interior is discussed, calling out the unfairness of recent legislation impacting New Mexico which has more Federal Land than Texas. Inflation and the run up in oil prices is discussed at length. And Trisha gets into the weeds on the recent meeting of Oil Ministers and oil majors in Riyadh for the IEF/OPEC meeting where both BCG and BP comment on ESG and the market misunderstanding that oil companies still need to invest in oil.

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