
Monetary Politics w/ Tim Barker
The Dig
Capital Discipline in the Energy Sector
There was a huge boom, a huge expansion of capacity around fracking in response to an earlier spike in prices. A lot of those firms ended up really wiped out because there wasn't actually the final demand there. OPEC also launched sort of a coordinated assault on the American fracking boom. And so there's a kind of rational basis to this capital discipline if you want to think about it that way.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.