Episode 19 - BP world energy outlook 2018 | Natural Gas Under Assault | Reaction to Tillerson leaving - a podcast by Ryan Ray & Ellen Wald

globalenergymedia.com/di

Check out Ellen’s interview on Bloomberg Markets: Middle East about “Saudi, Inc.” and her thoughts on the cool reception Aramco received from New York investors.
https://www.bloomberg.com/news/videos/2018-03-18/bloomberg-markets-middle-east-full-show-3-18-18-video

BP world energy outlook 2018
https://www.bloomberg.com/news/videos/2018-03-18/bloomberg-markets-middle-east-full-show-3-18-18-video

China and India main sources of growth – but don’t expect India to mirror China in development and energy demand necessarily. Gasoline and diesel demand in India was depressed last year due to demonetization policy so current demand numbers seem like a very large increase.

Outlook shows BP considers coal to be a steady presence in energy mix even through 2040. What is BP’s interest in coal? Oil demand steady between 2030 and 2040 but what about demand growth in plastics?

Natural Gas Under Assault in Some States After Brief Reign at the Top
https://www.wsj.com/articles/after-a-brief-reign-at-the-top-natural-gas-is-under-assault-1521378008
California ending construction of new natural gas plants – also Arizona, Massachusetts and Michigan moving to renewables over natural gas.

Will More Hawkish American Foreign Policy Affect Oil Markets?
https://www.investing.com/analysis/will-more-hawkish-us-foreign-policy-effect-oil-markets-200297856

New Secretary of State more hawkish towards Iran nuclear deal – will push to reinstate sanctions in May?

New European sanctions would affect nuclear deal: Iran official
https://www.reuters.com/article/us-iran-nuclear-europe/new-european-sanctions-would-affect-nuclear-deal-iran-official-idUSKCN1GT07P

Europe already responding with movement towards new sanctions on Iran for ballistic missiles.

Iranian oil development is still a problem. Movement on gas development (Total deal, Total now says they will apply for an exemption if new sanctions).

Oilfield Helping Hands - http://www.oilfieldhelpinghands.org/events/2018-ohh-oklahoma-spring-sporting-clays-tournament-special-fundraising-event

Forbes article: Counting Down 7 Big Meetings Likely On Saudi Crown Prince's U.S. Agenda

Further episodes of 301 Moved Permanently

Further podcasts by Ryan Ray & Ellen Wald

Website of Ryan Ray & Ellen Wald