Policy, politicians and refineries combine for higher oil and gas prices

Podcast Season 4 Episode 416
Like agriculture, the oil and gas business is full of generational operations. Jay Young is a 4th generation member of the industry. High gas prices make oil experts out of consumers but the complicated nature of the industry is on display right now.

Crude oil has been on a wild ride the last two years. During April of 2020, the price went negative. Recently, it jumped over $100 a barrel. What happened to launch that big of a range? Jay Young is in the oil and gas exploration business and can hardly remember a time when the industry was so volatile. We discuss how policy, politicians and refineries have intersected with results of higher crude, natural gas and gasoline prices. 



Watch More

    EpisodeSeason51Episode5137
    The Farm Bill clears the House with an unknown future. The Supreme Court takes up the issue of cancer warnings for RoundUp. Extremes in weather from tornadoes to rain to wildfires hit across the country. And, commodity market analysis with Arlan Suderman.
    ClipSeason51Episode5137
    Cotton, Hormuz Straight, inflation, energies, the Mexican border closure, drought and the Fed's balance sheet are all topics covered in our Market Plus.
    ClipSeason51Episode5137
    Arlan Suderman breaks down the impact of global weather on the wheat, corn and soybean markets in addition to inflation already showing up in commodities in our Market Analysis
    ClipSeason51Episode5137
    After three years of delays, the U.S. House passed a new version of the Farm Bill. The bill now goes to the U.S. Senate.
    ClipSeason51Episode5137
    A week of fires, floods and severe weather covered much of the country.
    ClipSeason51Episode5137
    Attorneys gave oral arguments were given in front of the U.S. Supreme Court this week over whether or not labels on the controversial herbicide Roundup needed to be specific about being a potential cancer risk.