The Crude Truth

The Crude Truth


THE CRUDE TRUTH Ep. 85 Dean Foreman and guest host Chris Hosek

May 27, 2024

The Crude Truth, hosts Rey Treviño and Chris Hosek interview Dr. Dean Foreman, Chief Economist at Texoga. They explore the global impact of U.S. LNG exports from Texas and Louisiana, particularly on markets in Europe and Asia amid geopolitical tensions. The discussion highlights the importance of Texas's contributions to U.S. oil production, the role of accurate energy data in policy-making, and the broader economic implications. Additionally, Dr. Foreman shares personal insights in a fun "Fast Five" segment.


Highlights of the Podcast


02:17 - The oil and gas industry 

03:06 - The Republican ticket

05:28 - The real data and then what the media said 

07:33 - The world business development

08:43 - The legislative process?

10:06 - The relationship to the value chain

12:42 - The price of natural gas 

16:27- The largest in the world balance supplying these states 

18:00 - The policies that Texas really needs to have? 

21:17 - The source of innovation and growth for the market

25:23 - The vision of where all this can go 

27:31 - How much of that exported US LNG 

30:10 - The loss of these Russian supplies 

33:52 - The diversification of the economy over time