About this episode
Josef Schachter - President of Schachter Energy - walks us through what global oil markets looked like the day before bombs started falling, and what the math looks like now. Prices were already heading higher, the conflict accelerated the timeline, and the U.S. can't drill its way out of a closed Strait of Hormuz. Jacob and Josef also get into Canada's structural advantage, why markets are still surprisingly calm, and what a prolonged conflict means for the global economy. Tune in for more :)
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Timestamps:
(00:00) - Welcome
(00:36) - Prewar Oil Market Setup
(02:24) - War Impact and Price Paths
(05:15) - Ceasefire Doubts and Escalation
(09:02) - Markets vs Reality Gap
(10:32) - Supply Now Product Later
(12:47) - Trump Strategy and Nuclear Endgame
(16:03) - Drill Baby Drill Reality Check
(18:53) - Can Americas Output Replace Gulf
(20:57) - Energy Hegemony and China Angle
(25:18) - Allies Drift and US Quandary
(27:18) - Biofuels Reality Check
(29:38) - War Changes Everything
(31:13) - New Supply Hunt Worldwide
(32:59) - Policy Reversals for Security
(39:31) - Pipelines LNG and Takeaway
(40:38) - Global Plays Beyond Canada
(42:36) - 2030s Demand vs Efficiency
(46:19) - Portfolio Positioning in Energy
(49:48) - Risks That Break the Thesis
(51:39) - Closing and Sign Off
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Referenced in the Show:
Josef's Site - https://schachterenergyreport.ca/
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Jacob Shapiro Site: jacobshapiro.com
Jacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416
Jacob Twitter: x.com/JacobShap
Jacob Shapiro Substack: jashap.substack.com/subscribe
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The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com
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Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today’s volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.
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