Episode 62 - Iran | The Trump Effect | Saudi Nuclear Reactors | Aramco Most Profitable Company - a podcast by Ryan Ray & Ellen Wald

from 2019-04-02T14:15:30

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S to extend Iran oil sanctions waivers to China, India, South Korea, Turkey: survey
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/032919-us-to-extend-iran-oil-sanctions-waivers-to-china-india-korea-turkey-survey
In terms of foreign policy goals, the sanctions haven’t achieved their goals in terms of pulling back Iranian paramilitary organizations, terrorist activities.

Trump will see cheaper gas prices, but it's not because of his oil tweet: Energy expert Tom Kloza
https://www.cnbc.com/2019/03/28/trump-will-see-cheaper-gas-but-not-because-of-his-tweet-tom-kloza.html
Trump more focused on price at the pump (gasoline) than oil prices
Trump’s tweeting for lower prices very disheartening to oil workers

Trump administration OKs nuclear energy transfers to Saudi Arabia, sparking new battle with Congress
https://www.cnbc.com/2019/03/29/trump-team-and-congress-spar-over-nuclear-energy-transfers-to-saudis.html
This is so U.S. companies can bid along with companies from Russia, China, South Korea and France.

Aramco!
Most profitable company
Costs $2.80/barrel - much less than assumed (between $2 and $10)
Lack of qualified oil and gas employees in the future - potential labor shortage is something face in the States as well.
https://www.forbes.com/sites/ellenrwald/2019/04/01/saudi-aramco-is-the-most-profitable-company-in-the-world-but-where-is-all-the-money-going/