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Tom Petrie, chairman of Petrie Partners, discusses the current oil crisis and his book, "Following Oil: Four Decades of Cycle-Testing Experiences and What They Foretell about U.S. Energy Independence." Jason McBride brings good news citing the DOW futures are up. Bill of the Day: SB20-064, Authority Attorney General Challenge Fed-reviewed Mergers and Antitrust.

Geopolitics and the Challenges Facing Gas and Oil

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Tom Petrie Kim Monson Show

Tom Petrie

Tom Petrie, chairman of Petrie Partners, discusses the current oil crisis and his book Following Oil: Four Decades of Cycle-Testing Experiences and What They Foretell about U.S. Energy Independence. Geopolitics, including “the China Curse,” in play today are escalating “normal” challenges found in gas and oil. The Thanksgiving Surprise of 2014, this past weekend conflict between Saudi Arabia and Russia, the coronavirus, and disruption in supply chains due to dependence on China manufacturing have heightened the risks imbedded in the oil industry. We are resilient and we will come out of these difficult times. In the meantime, the lower prices of oil will benefit everyone in their lifestyle more than any tax cut.

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