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

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The Economics of Natural Resources Today

September 4, 2023
Dr. Darren Hudson
Gasonomics
natural resources today
oil and gas industry
+more
MarketScale

 

In this episode of Gasonomics, host Tim Snyder dissects the intricate relationship between energy and agriculture with his guest, Dr. Darren Hudson, Ph.D., the Larry Combest Endowed Chair for Policy and Director for the Agricultural Competitiveness at Texas Tech University. The pair highlight the significant role energy plays in the agricultural sector. From the production of seeds to the transportation of goods, energy costs can account for up to 70-80% of total production costs in irrigated systems. With the rising concerns over global energy dynamics, especially with recent developments within the BRICS nations, the interdependence of feed and fuel becomes even more evident.

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