The Oil Industry's Double Whammy of Higher Costs and Lower Prices
Episode publishedPodcast: Odd LotsOdd Lots
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Hello, and welcome to another episode of the Odd Lots podcast. I'm Joe Wasenthal. And
I'm Tracy Alloway.
Tracy, I think, at least temporarily, some of the trade related headlines are quieting down. And so it's sort of time perhaps to understand I don't wanna say new normal. I just don't feel I that's like jinxing it a little bit. But, like, what the new environment looks like for some of the, industries that have been whipsawed and affected over recent weeks and months.
Yeah. Ninety days for investors, executives, and podcasters to kind of catch their breath and consider the new environment. That's how I would describe it. And then it'll probably all change again.
It'll all change. We're never gonna run out of fresh material and fresh stories to talk about. You know, there's always this thing. People are always surprised that there is this phenomenon which seems to occur in markets in which Republican presidents tend to not be great environments for the oil industry. Like, people think, oh, yeah. Here, we're gonna have this pro oil president come in. But pro oil, I don't know what that means. But if it means more pro drilling, pro liberalization of energy regulations, then often that means lower prices and less profits. And then, you know, you get an en
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