Recorded on October 7, 2022
Episode 60 is a must listen to PetroNerds podcast with Trisha Curtis' former employer, mentor, and Washington insider, Lou Pugliaresi. Lou Pugliaresi is the President of the Energy Policy Research Foundation, Inc. (EPRINC) and joins Trisha Curtis for deep dive conversation on the Biden Administration's failed energy policies and the state of national energy security.
Trisha and Lou talk at length about the Biden Administration's reaction to OPEC Plus' 2 mbd cut, Europe and LNG markets, and what the Administration would actually do if they were interested in increasing domestic oil and gas production, lowering oil prices, and increasing domestic energy security.
They talk about the banks and the role of financing and ESG pressure and investing, the implications for sabotaging Nordstream 1 and 2 and the lack of long term LNG contracts being signed by Europe, and how Biden's energy policies mirror the failed energy and geopolitical policies of Europe. They talk about the massive growth in US crude oil output from 2010 to 2019 and the incredible domestic and global and benefits and geopolitical impacts that this production had on the US and the world.