AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
#1116 Matt Lohstroh On Why Every Oil & Gas Company Will Mine Bitcoin
The Pomp Podcast
Oil and Gas - The Permian Highway
Prior to 12 months ago natural gas was at super depressed prices. It was at $2 per unit of gas which is like basically nothing sometimes in the summers when there's not much demand it was around a dollar. And so I think we were sitting right now in six eight dollars and having a dollar price swing in this day and age was like wild back down to 50%. So a lot of the so oil and gas natural gas production and flaring started skyrocketing because of two reasons more more and more drilling and to depress natural gas prices. The Permian highway coming in everyone's trying to get these pipelines here because they want to get more for their gas.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode