Oil and Gas This Week – June 6, 2022 – Ep266
Oil and Gas This Week
Mark LaCour & Paige Wilson
4.6 • 582 Ratings
🗓️ 7 June 2022
⏱️ 56 minutes
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Summary
Transcript
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| 0:00.0 | You're listening to the oil and gas this week podcast with Mark LeCore and Paige Wilson. |
| 0:14.5 | This is the show for busy oil pros who quickly want to keep their finger on the pulse of the industry. |
| 0:24.3 | You're listening to the Oil and Gas This Week podcast brought to you by IBM. |
| 0:27.5 | This is the show for busy oil pros who want to quickly keep their finger on the pulse of the industry. |
| 0:32.0 | Thanks for joining us for episode 266. |
| 0:35.5 | What's going on, dude? |
| 0:37.4 | Past 250 episodes. Well, we have been for a while. Yeah, going on, dude? Past 250 episodes. |
| 0:39.3 | Well, we have been for a while. |
| 0:40.6 | Yeah, but what, maybe 16? |
| 0:42.6 | Yeah, something like that. |
| 0:44.0 | I can math. |
| 0:44.8 | Yay, Mark can math. |
| 0:47.0 | I only can mark math, but Mark can read reviews. |
| 0:49.4 | You want to see me? |
| 0:50.0 | Go ahead. |
| 0:50.9 | All right. |
| 0:51.7 | Insightful and fun, five-store review. |
| 0:53.5 | This podcast is one of my preferred tools to feel productive while I commute to work or work out. It really helps me to stay up to date on oil gas industry when there's no time to read journals or watch the news. One observation I'd like to make is that in the two episodes in May, 2022, Mark said the futures do not have an agreed upon price in the future. This is wrong. |
| 1:13.1 | Futures do have an agreed upon price called the execution price. Also, most transactions in oil and gas |
| 1:18.6 | industry are not precise futures, but forwards. Difference between these is that the futures and |
| 1:24.3 | exchange listed securities while forwards are OTC instruments and offers |
| 1:28.6 | substantially more flexibility. Okay, I hope this helps and keep up the great work. This is from |
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