May 15, 2025· 43 min

The Oil Industry's Double Whammy of Higher Costs and Lower Prices

Peter Tertzakian

Orality

Model

82%

Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,587 words)

M:28%

HostJoe Weisenthal(1,267 words)

M:29%

GuestPeter Tertzakian(4,053 words)

M:29%

Oral Indicators

Agonistic30%

absolutely, very, obviously

Engagement53%

you, our, your

Memory Aids100%

listen, now, so

Repetition100%

it's (64x), like (58x), know (42x)

Parallelism86%

And I'm Tracy Alloway...., And so it's sort of time perha..., But, like, what the new enviro...

Sound Patterns76%

59 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases10%

you know what, i mean, the bottom line

Literate Indicators

Hedging9%

perhaps, probably, maybe

Passive Voice9%

been whipsawed, is composed, was when

Abstract Nouns27%

investment, environment, liberalization

Subordination13%

since, therefore, because

Sentence Length35%

Avg: 13.6 words/sentence

Word Complexity50%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style47%

413 personal pronouns found

Descriptive Style84%

temporarily, probably, badly

Description

The new administration has a "drill, baby, drill" mantra and a much more liberal attitude towards the oil and gas industry than the last one. But that hasn't translated into great profits for the oil industry itself. Crude prices have sunk and tariffs have raised the cost of components for companies trying to get energy out of the ground. So, what's the future for the industry? And who is actually making money right now? In this episode, we talk to longtime energy industry veteran Peter Tertzakian, the founder and president of Studio.energy, which consults with various industry players. We discuss the state of the overall North American energy industry, the prospects of peak onshore oil production in the United States, pipeline politics, and why liquified natural gas is expected to be the hydrocarbon of the future. Read more: Say Hello to ‘Nil, Baby, Nil’ in the Oil Patch Trump’s Thirst for Cheap Oil Irks an Industry He Loves to Praise Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

← Perry Mehrling on Trump's Echoes of the ...Atlanta Fed's Raphael Bostic on Monetary... →