The Covid-19 pandemic continues to shake up the global oil economy as fears surrounding the newly-discovered Omicron variant sparked a drop in prices last week.
This—combined with an ongoing energy crisis and a previous drop in prices during the first wave of the pandemic at the beginning of last year—has prompted a flurry of speculation from oil analysts about where the market is headed next.
For a read on the future of oil markets, host Jason Bordoff spoke with three experts:
Amrita Sen, Founding Partner and Chief Oil Analyst at Energy Aspects; Bob McNally, President of the energy advising firm Rapidan Energy Group; and Arjun Murti, Senior Advisor at Warburg Pincus, a global private equity firm.
Their roundtable discussion touched on President Biden’s decision to release crude oil from the nation’s Strategic Petroleum Reserves, the upcoming OPEC+ meeting, and what international leaders need to consider as the world transitions away from fossil fuels.
Around the world, activists are turning to the courts to hold major polluters accountable for climate change.
This week host Bill Loveless talks with author and journalist Jeff Goodell about his new book “The Heat Will Kill You First: Life and Death on a Scorched Planet”.
It has now been just over a year since the US signed into law the Inflation Reduction Act and already, it has been followed by more than US $110 billion in clean energy investments.
Rising debt levels and the ravages wrought by climate change present acute threats to achieving sustainable development goals in emerging market and developing economies.