Episode 38 - NAFTA and energy | Fracking turns to Wyoming | Aramco IPO update - a podcast by Ryan Ray & Ellen Wald
from 2018-08-30T19:23:56
Iran Sanctions
https://www.wsj.com/articles/irans-oil-exports-dropping-faster-than-expected-before-u-s-sanctions-1535483145?
Compare this to expectations back in May - analysts expected only between 300,000 and 500,000 barrels per day to come off the market but we are already seeing a reduction of 800,000 barrels per day in exports from Iran.
NAFTA and energy
http://thehill.com/policy/energy-environment/403841-big-oil-calls-proposed-nafta-agreement-with-mexico-encouraging
https://www.reuters.com/article/us-trade-nafta-mexico/mexicos-next-leader-says-nafta-deal-preserves-energy-sovereignty-idUSKCN1LC2BP
https://www.upi.com/amp/US-energy-sector-eager-for-Mexican-trade-specifics/2711535447715/?__twitter_impression=true
API is enthusiastic about the way negotiations are going between the US and Mexico but the question remains - will Mexico walk back its privatization in the energy industry? Seems like as long as Mexico's "sovereignty" is preserved, companies working in Mexican energy will be allowed to remain.
Will the negations between Mexico and the US on energy equalize the relationship?
Fracking turns to Wyoming
https://www.reuters.com/article/us-usa-shale-wyoming/wyoming-oil-basin-deals-rise-as-companies-look-past-permian-idUSKCN1LD2EE
Wyoming Powder Basin - so much cheaper than Permian but infrastructure is seriously lacking.
How lucrative is the market in Wyoming given the lack of infrastructure there?
Aramco IPO
https://www.reuters.com/article/us-saudi-aramco-ipo-king-exclusive/exclusive-saudi-king-tipped-the-scale-against-aramco-ipo-plans-idUSKCN1LC1MX
https://www.ft.com/content/0a0ae5d6-a9d7-11e8-94bd-cba20d67390c
Both of these stories contain information that is probably false - specifically with regards to the Aramco oil concession.
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