logo
episode-header-image
Oct 2021
18m 20s

Why there is an energy crisis and when i...

The National
About this episode
What do a coal shortage in China, a cold winter in Europe and oil's rally to a three-year high have in common? Herman Wang, managing editor at S&P Global Platts, joins co-hosts Mustafa Alrawi and Kelsey Warner this week to answer that, and what to expect going forward.   They discuss what will happen to oil prices amid the energy crisis and how we got here. The answers are more complicated than tidy narratives about underinvestment in hydrocarbons amid the energy transition, or basic fundamentals of supply and demand.   Hosted by Mustafa Alrawi and Kelsey Warner Produced by Arthur Eddyson and Ayesha Khan   In this episode:

How did the energy crisis happen? (0m 40s)
How long will this crisis last? (3m 12s)
The reaction from Opec+, US and China (5m 57s)
COP26 and the energy transition (10m 14s)
Oil demand towards 2050 (15m 10s)

Read more on our website: Subscribe to Business Extra for free to receive new episodes every week
Apple Podcasts | Google Podcasts | Spotify | Podbean
Up next
Yesterday
What does Oman's new income tax mean for the Gulf?
The absence of income tax has helped to attract people from around the world to move to the Gulf. But one country is set to change direction. Oman recently announced it will be the first country in the region to introduce personal income tax. While some countries, including the U ... Show More
20m 19s
Jul 2
Emiratisation and the future of work in the UAE
For decades, most Emiratis have worked in government roles. But now, thousands are joining private companies as part of a nationwide plan to balance the workforce. Early iterations of Emiratisation began in the 1990s, with programmes formalised in the early 2000s. About three yea ... Show More
16m 35s
Jun 11
Middle East aviation takes off
“New” is the theme in the Middle East’s growing aviation sphere: new cities, new aircraft and new markets. The International Air Transport Association (Iata) says carriers in the region are expected to post the highest net profit margin in the world this year, at 8.7 per cent. Th ... Show More
18m 11s
Recommended Episodes
Jan 2023
What Could 2023 Deliver For Energy?
The Energy Gang is back. We’re only a couple of weeks into the new year but already so much has happened. A mild winter so far in Europe has sent wholesale gas prices falling, but there’s still a long way to go. Natural gas is expected to trade at 77.11 Euros per MWh by the end o ... Show More
46m 53s
Nov 2023
Will oil, gas and coal peak by 2030?
The International Energy Agency last week published its World Energy Outlook, which is its big annual review of everything that is going on in the world of energy.One of the headlines that has been attracting a lot of attention is the forecast that, on current trends, demand for ... Show More
1h 7m
Nov 2021
Climate Ambition vs Energy Reality
David and Helen talk to Jason Bordoff, Dean of the Columbia Climate School and former Special Assistant to Barack Obama, about climate, COP26 and the enormous challenges of the energy transition. How can we balance the need for energy security with the need to wean the world off ... Show More
51m 55s
Feb 2023
Global Energy Crisis
On today’s show we are taking another look at energy markets. Many of you might know that my professional training is an electrical engineer. I understand physics, and energy in particular at a deep level. This is an area of such importance that I continue to study it deeply. Whe ... Show More
6m 57s
Oct 2022
The Energy Gang looks ahead to COP27: are we still heading in the right direction?
On this episode of the Energy Gang, it’s a think-tank showdown. Host and referee for the day Ed Crooks is joined in the ring by Samantha Gross from the Brookings Institution, making her Energy Gang debut, and Joseph Majkut from the Center for Strategic and International Studies, ... Show More
54m 18s
Mar 2022
Business and Energy
How will soaring energy costs affect UK corporations? Prices are spiking, not least because of the war in Ukraine. Energy is essential for everything from heating offices to transportation to manufacturing, so what happens when it just becomes too expensive? Evan Davis and guests ... Show More
29m 3s
Mar 2022
Michael Zezas: A False Choice for Energy Policy
As oil prices rise across the globe, investors wonder if governments will continue to incentivize clean energy development or pivot to greater investment in traditional fossil fuels. -----Transcript----- Welcome to Thoughts on the Market. I'm Michael Zezas, Head of Public Policy ... Show More
2m 28s
Oct 2023
What Is Gasoline Telling Us?
On today show we are looking at what seems like a huge paradox in the world of energy. On this show we look at energy from time to time. Why is that? Because energy is the economy. If the economy is cooking, then energy consumption will rise. If the economy is faltering, then ene ... Show More
5m 37s
Mar 2022
Energy Prices
Energy prices have hit new heights. Gas and electricity bills will rocket for most people at the end of this month as the price cap is lifted and nobody filling their car could fail to notice record prices at the pumps. Energy too is at the heart of the biggest conflict in Europe ... Show More
28m 24s
Mar 2023
For global petrochemicals, what went up is coming down…down…
The global petrochemical industry is grappling with the aftermath of COVID-fueled demand. The supply squeeze in 2020 and 2021 that led to soaring prices has been doused by economic uncertainty and oversupply, leaving producers with hard decisions about output and buyers with lots ... Show More
19m 14s
Listen to millions of songs and podcasts on Anghami