Oil Prices DON'T Support New Drilling!

Please see the links below or articles that we discuss in the podcast.

Free calculator launched for shipowners to navigate IMO’s new green deal

Lower Oil Prices Threaten Permian Basin Growth

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner breaks down the financial reality of U.S. shale drilling, citing Rystad’s analysis that shows full-cycle breakeven oil prices are now around $62.50 per barrel—higher than current WTI prices. He critiques misleading half-cycle economics and warns that current drilling may be unsustainable. Tanner also covers the IMO’s new emissions penalties for global shipping, the release of a cost calculator for compliance, and falling oil demand forecasts from the IEA amid rising recession fears. Conventional, vertical drilling may offer more profitable opportunities ahead.

#OilPrices #ShaleDrilling #EnergyMarkets #IMORegulations
#CarbonCredits #OilAndGasNews #CrudeOilUpdate #EnergyTransition
#OilInvestment #RystadEnergy

Highlights of the Podcast

00:00 - Intro
01:19 - Free calculator launched for shipowners to navigate IMO’s new green deal
03:58 - Lower Oil Prices Threaten Permian Basin Growth
08:44 - Markets Update
10:37 - Outro