Go Back

Tim Snyder discusses the energy industry's relationship to economics in a way that can be understood simply.

MarketScale

Gasonomics
Weekly Bites

In the Oil and Gas Industry, Prices Continue to Soar. What Does That Mean for the Future of the Energy Sector and What Do We Do Next??

August 16, 2023
Colonel Baron Lukas
energy sector
ExecHQ
Gasonomics
+more
Adrienne St. Clair

 

The global energy landscape, especially the oil and gas industry, has been undergoing a seismic shift. With crude oil prices surging almost 20% in the last 45 days and gasoline witnessing a 2.2 cent per gallon increase, the stakes have never been higher. As the U.S. economy grapples with these fluctuations, a pertinent question arises: How are these market dynamics impacting businesses, consumers, and the broader economic fabric?

This episode of Gasonomics, hosted by Tim Snyder, Chief Economist at Matador Economics, features a riveting discussion with Colonel Baron Lukas and Willis Scharmer, both Principals at ExecHQ. Together, they delve into:

  • The recent spikes in crude oil, gasoline, and diesel prices.
  • The state of the natural gas market and its price declines versus production.
  • The burgeoning industry of liquefied natural gas (LNG) and its potential for U.S. exports.
  • The corporate challenges faced by E&Ps in the current economic climate.

Colonel Baron Lukas, with a rich background spanning 42 years, has worn many hats – from a fighter pilot to a business executive. His vast experience in leadership, management, and mentoring makes him a voice of authority in the industry. On the other hand, Willis Scharmer, with three decades under his belt, has expertise in management, technical matters, and business advising across various sectors, including the ever-evolving realm of Artificial Intelligence.

Recent Episodes

acoustics CAD simulation
View episode

Acoustics CAD Simulation: The Future of Aerospace Design

As industries strive to meet stringent noise regulations and enhance acoustic performance, acoustic CAD simulation has become an essential tool in aerospace design. The European Environment Agency reports that noise pollution affects the well-being of millions, emphasizing the need for advanced acoustic solutions to mitigate these effects. What cutting-edge strategies and technologies can address […]

V2G technology
View episode

Plug into the Future: Decoding V2G for Utility Applications

Brian Rudy from Verizon IoT and Melissa Chan of Fermata Energy explore the cutting-edge potential of vehicle-to-grid (V2G) technology at DISTRIBUTECH 2024. Their discussion highlights how this innovation transforms electric vehicles into dynamic energy storage units, capable of stabilizing the grid by storing and discharging power as needed. This technology represents a significant shift […]

zero trust architecture
View episode

Secure Grid Modernization with Zero Trust Architecture

Ray Bauer of Verizon Business engages with Del Rodriguez from Palo Alto Networks at DISTRIBUTECH 2024. Rodriguez shares insights into the significance of cybersecurity within the utility sector, particularly in light of increasing cyber threats and the convergence of IT and operational technology (OT). Bauer and Rodriguez discuss Palo Alto Networks’ initiatives to enhance […]