Oil Price Drivers, Geopolitics, and the Economy

Recorded on September 11, 2025 and August 28, 2025

https://youtu.be/Z2sqvKk7bCo

Episode 140 of the PetroNerds podcast is another energy dense, hot off the press, keynote address that Trisha Curtis recently gave in Midland, Texas.

Trisha introduces this podcast with a fresh market update on oil prices, the Fed, escalating geopolitical risk with Russian drones entering Poland, and increasing drone and missile attacks on Ukraine.

In this podcast Trisha Curtis, CEO of PetroNerds, sits down with Breanna Oakley, Tax Partner at Whitley Penn, at the Midland Petroleum Club for a keynote address and fireside chat kicking off Whitley Penn’s Fuel of the Future conference series. Breanna asks Trisha a series of questions from oil and natural gas prices to what is happening with the Federal Reserve and interest rates?

Trisha gets into the drivers of oil prices, global supply and demand, US shale production, “peak shale,” natural gas prices, and the excitement around AI. Trisha further dives into geopolitics, OPEC production and Saudi production increases, and Russia’s war in Ukraine. Breanna also asks Trisha about the economy and Trisha dives into the health of the US consumer, the Fed, interest rates, and China.

Trisha also talks about the Permian Basin specifically, how folks are feeling with prices in the low $60s, and what this means for drilling and completion activity.

Listen on Itunes