Energy: Why Are Shale Drillers Spending $25 billion at the Mere Hint of an Oil Price Increase?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 23 March 2017
⏱️ 19 minutes
🧾️ Download transcript
Summary
Oil prices are up, but not anywhere near where their highs of 2014 – so why are producers upping production by 1 million barrel?
Transcript
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| 0:00.0 | Support for industry focus comes from Rocket Mortgage by Quicken Loans. |
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| 0:15.4 | forward slash fool. |
| 0:19.1 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market, every day. |
| 0:24.0 | Today is Thursday, March 23rd, 2017, so we're talking about energy, materials, and |
| 0:28.9 | industrials. |
| 0:29.9 | I am your host, Sean Riley, and join me today in studio is Motley Fool Premium analyst and part-time |
| 0:34.4 | crooner Mr. Taylor Markerman. How's it going sir? |
| 0:36.6 | Hey hey hey! |
| 0:38.6 | So Dynamic Duo is back here, huh? |
| 0:41.1 | I missed you. |
| 0:41.7 | Yeah, it's been three, four weeks maybe. Well, did some skiing in |
| 0:46.3 | Colorado. |
| 0:47.3 | South Vegas last weekend. |
| 0:49.3 | Um, did your skiing get disrupted by the Trump sons? |
| 0:53.8 | I heard they were in Aspen and it like messed up something. |
| 0:55.8 | No, I wasn't that deep into Colorado. |
| 0:58.2 | I was in Brecken Ridge and Keystone. |
| 0:59.8 | Summit County. |
| 1:00.5 | I think they were in Aspen, yeah yeah that would have been fun though huh |
| 1:04.9 | ski what the Trump was I guess good to do some hobnobbing secret secrets or |
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