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Oil and Gas This Week

Oil and Gas This Week | Oct 22 2025 | Ep 390

Oil and Gas This Week

Mark LaCour & Paige Wilson

Business

4.6582 Ratings

🗓️ 26 October 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast Mark and Paige record live from the Western States Petroleum Association’s Annual Conference Reception in Dana Point, California. Thanks to Ryan and all the WSPA staff for having us there! Oil settles higher as US, China try to de-escalate trade tensions https://www.reuters.com/business/energy/oil-rebounds-1-after-sharp-losses-us-china-tensions-2025-10-13 California oil workers face an uncertain future in […]

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the oil and gas this week podcast with Mark LeCore and Paige Wilson.

0:17.3

This is the show for busy oil pros who quickly want to keep their finger on the pulse of the industry.

0:26.8

All right, you're listening to Oil and Gas This Week podcast brought to you by Cognite, AI for the industry.

0:31.7

Optimized production and decrease operational risks with trustworthy AI across the oil field.

0:37.0

This is the show for busy oil pros

0:38.5

who want to quickly keep their finger on the pulse of the industry. And thanks for joining us for

0:42.6

episode 390. And we're not in our studio, Mark. We're actually recording live in Dana Point,

0:48.6

California at the Western States Petroleum Association's annual conference reception.

0:53.2

Thanks to all the Wisp of staff for having us.

0:55.3

Yeah.

0:55.7

Big shout out to Jody, the new president.

0:57.9

The entire team has taken exceptional care of us.

1:00.6

Also a big shout out to Ryan, who literally has hand walked us through every step of the process here.

1:05.6

He even picked us up from the airport.

1:07.7

Speaking of airports, Mark, shout out to Jill, who recognized us in the security line at Hobby Airport on her way to October Fest in Tulsa. Yeah, it's still very humbling to be recognized in public, but she was just a joy. And I'm glad she's a listener. Yes, absolutely. Fellow Ginger. Yeah, fellow Ginger. And speaking of listeners, we got a review. Let's see. We got a five star from Linda Opalito.

1:29.6

Marking Page, do a fantastic job consistently delivering timely updates, expert insights, and

1:34.5

practical takeaways that are relevant to our work and the broader energy landscape.

1:38.8

Thank you for supporting and bringing awareness of how critical the energy industry is to the world.

2:02.2

Absolutely love it. Thanks for the question, Linda. And if you want to be like Linda and get a big shout-out, all you got to do is leave us a review and we will read, if we read on the air, we'll give you a big shout-out. Let's get to the news stories. That was a little redundant, but all right. News stories. Oil settles higher as U.S. China tries to de-escalate trade tensions.

2:07.6

Yeah, it's interesting. So our current president met with his Chinese counterpart just recently.

2:11.6

They've been going back and forth, basically having to battle over trade tariffs, and these tensions have caused prices to drop. And with this news, it looks like prices are actually selling a little bit higher,

2:19.7

right around 63.5 cents a barrel. The WTI is going for about 59 cents. Both of these leaders of

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