Episode 145 - Roast month begins | Alpine High withdrawal | Oil price tanks | Blackmon turns bear - a podcast by Ryan Ray & Josh Shelton

Oil markets fell precipitously this week. WTI now sits at around $46, a disastrously low price for the industry. We discuss the drop and how the industry can survive, and also go over our first roast of #RoastMonth.

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This week's articles:

https://www.forbes.com/sites/davidblackmon/2020/02/24/life-outside-the-permian-new-report-shows-other-us-crude-oil-basins-stagnating/#7ef62ac96f8c

https://www.mrt.com/business/energy/article/Crude-Holds-Losses-on-Demand-Concerns-as-Virus-15083663.php

https://www.forbes.com/sites/davidblackmon/2020/02/26/the-oil-and-gas-situation-time-for-alarm-has-arrived/#6b3b73829209

https://www.hartenergy.com/exclusives/eog-aims-grow-premium-inventory-test-new-plays-186199

https://www.mrt.com/business/energy/article/Oil-Extends-Biggest-Weekly-Loss-in-Over-5-Years-15091844.php

https://www.oilandgas360.com/eia-expands-data-on-capacity-and-usage-of-power-plants-electricity-storage-systems/

https://www.mrt.com/business/oil/article/Rise-of-natural-gas-leads-to-reduction-in-CO2-15081162.php

https://www.hartenergy.com/exclusives/flow-assurance-digital-laboratory-185515

https://www.mrt.com/business/energy/article/Cheniere-earns-648-million-profit-in-2019-amid-15082410.php

https://www.mrt.com/business/energy/article/Crude-Holds-Losses-on-Demand-Concerns-as-Virus-15083663.php

https://www.hartenergy.com/news/supreme-court-leans-toward-atlantic-coast-pipeline-186116

https://www.oilandgas360.com/trafigura-forms-venture-with-phillips-66-for-deepwater-texas-oil-port/

https://www.mrt.com/business/oil/article/Apache-Layoffs-impact-Midland-office-15086298.php
https://www-chron-com.cdn.ampproject.org/c/s/www.chron.com/business/energy/amp/Apache-Calls-It-Quits-on-Alpine-High-After-3-15089438.php
https://www.hartenergy.com/news/apache-reports-surprise-adjusted-profit-higher-shale-output-186168

https://www.oilandgas360.com/occidental-petroleum-reports-965-million-loss-in-2019/

https://m.chron.com/business/energy/article/CenterPoint-interim-CEO-says-no-plans-to-step-15089544.php?cmpid=ffcp

https://www.marketwatch.com/amp/story/guid/C86A9060-5A5E-11EA-AAB7-35CBCDC8E222

https://m.chron.com/business/energy/article/Chevron-Likely-to-Lose-Reprieve-on-U-S-Sanctions-15091839.php?cmpid=ffcp

https://www.texansfornaturalgas.com/a_fracking_ban_would_cost_every_american_family_5_000_per_year

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