About this episode
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. 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 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 Follow Stuart On LinkedIn and Twitter Follow Michael On LinkedIn and Twitter ENB Top News Energy Dashboard ENB Podcast ENB Substack ENB Trading Desk Oil & Gas Investing – Get in Contact With The Show –