The Crude Truth

The Crude Truth


THE CRUDE TRUTH Ep. 81 Karr Ingham Owner, Economist at InghamEcon, LLC

April 18, 2024

Excited to talk to Karr Ingham, Executive VP / Petroleum Economist @ Texas Alliance of Energy Producers, on the latest episode of the Crude Truth. Karr has been in the oil & gas business since the early 1980s and is a wealth of knowledge when it comes to the macroeconomic trends that affect O&G. We discuss what TAEP does, the Texas Petro Index, why small producers are getting squeezed out, the 2024 presidential election and so much more! We need more folks like Karr Ingham to keep speaking the positive truth about our business and that's THE CRUDE TRUTH


Links:

Texas Alliance of Energy Producers: https://texasalliance.org/staff/karr-ingham/


Karr Ingham LinkedIn: https://www.linkedin.com/in/karr-ingham-9b62333a/


Highlights of the Podcast


04:02 - Texas Alliance of Energy producers

07:37 - Presidential election

09:21 - The gas production data

12:10 - The US domestic oil and gas industry

15:17 - Harmful to smaller operators

17:09 - Small producers

19:00 - Crude oil prices

21:30 - U.S. domestic crude oil production

24:28 - OPEC

28:03 - The Texas Petro Index

34:03 - The production

35:27 - Boom and bust

40:47 - A barrel in 2023

44:43 - That keeps America going