Oil, gas and mining

What low oil inventory means for prices: Rob Thummel



Tortoise Sr. Portfolio Manager and Managing Director Rob Thummel joins ‘Mornings with Maria’ to discuss oil supply and demand, its effect on prices and the House Republicans launching an investigation into Biden’s energy policies. #foxbusiness #morningswithmaria

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42 Comments

  1. How bout we quit shipping offshore because you get a better price for it in Europe.
    Maria wake up. Hundreds of unused permit and leases because it’s “ not profitable enough” in those locations.

  2. Biden is a horrible president … … what's he going to do next year … shut down water pipelines ..
    you don't need local water.. we will buy it from mexico .. yup that is about as stupid as what he has already done.

  3. I seem to remember a couple weeks ago or so that there a bunch of reports that were going to be huge shortages of diesel and heating oil in the northeast?! All I have seen is prices coming down.

  4. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. i need to know how to go about it.

  5. Biden has sold out our strategic oil reserves to China and India. Depleted our military weapons inventory to Ukraine. And sold out Americans with his tyrannical government spending destroying our our lives.

  6. Why should we believe now. You are fake and propaganda news anyways. Tell your viewers why you are getting sued again on fake news. Tell your viewers why you had to give depositions. Were you fake journalist or commontater when you gave your depositions. Did you throw your CEO and Murdock under the bus. Fox News you will pay through your nose when you lose. Murdock you will have to retract your fake news and apologize

  7. Wait till opec responds to the RU oil price ceiling, and the holdup of Kazakh oil tankers being blocked from the bosphorus. By the way, a majority of those tankers being used to transport the Russian oil via sea are owned by Greek companies, a collapse of Greek energy markets could be the final nail to collapse the EU economy, which until the price ceiling was itself on egg shells.

  8. Democrats want the US to be like China, do you want to live like the Chinese getting locked down all the time? Think about that the next time you vote Democrat.

  9. Why would Americans be happy paying 90 dollars a barrel, when Trump was president we were paying less than 50 dollars a barrel. Remember when gasoline was less than 3.00 gal. That was Trump.

  10. Does Fox News or Fox Business realize making up things and repeating them over and over for a long period of time is a method of brainwashing the public? Is Fox doing it intentionally, or for Russia? Russia has been doing it for longer than we've been alive.

  11. No problem, so you are worried about the strategic oil reserve and there is a very simple way to solve that problem. Instead of handing over leases for the petroleum assets on public lands, which are owned by the American people, all we have to do is hire the same companies to develop production and sell it to Big Oil at market prices. We develop more strategic reserve cheaply that way. We ought to be able to develop enough of a strategic reserve to reduce fuel prices, when they get too high. Petroleum has limited storage tank capacity in the US and the best way to store it is underground, when the tank storage isn't available. That's how to get plenty of fuel at low prices, like other petroleum producing countries do. Why sell American assets of petroleum for pennies on the dollar to Big Oil? They don't need more corporate welfare and that's exactly what we have been giving them. That's why they are slow to develop leases they already have and always want more, because it's a giveaway of the American people's property. We own the public lands, so figure it out. Would you want to give your personal property away like that? Jed Clampett didn't.

  12. Does Fox News or Fox Business realize making up things and repeating them over and over for a long period of time is a method of brainwashing the public? Is Fox doing it intentionally, or for Russia? Russia has been doing it for longer than we've been alive.

  13. No, we don't agree on " de carbonizing". Climate change is a big fat lie.🤥 1mm per 100 years of sea level rise and ? Ppm CO2 is natural and has nothing to do with human activity. The Sun controls everything, we have Zero control.

  14. And yet somehow the democrats keep getting voted. So either you enjoy being robbed of your hard earned money. Or democrats used the 5 million illegals they flew over night the last 2 years to flip red states and borderline blue states.

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