$60 oil – can it last, and what will it mean for the U.S. oil industry in 2018? Also, is it time to raise the federal gas tax?

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In Episode 2 of Energy Week, David Blackmon and Ryan Ray discuss current dynamics with the domestic rig counts and prices, and the implications they pose for the rest of this year and into 2018.  Other topics of discussion include:

  • Why electric vehicles still aren’t making a dent in U.S. demand for gasoline-powered cars;
  • The heinous abuse of the court system by a professional protester who caused a riot a year ago at the site of the Dakota Access Pipeline; and
  • Blackmon’s Forbes article advocating for an increase in the federal gasoline tax.

Links to articles referenced in Episode 2:

U.S. Oil Rig Count Rises, While Gas Rig Count Falls

Oil Prices Finally Break $60

Wall Street loves electric cars, America loves trucks

Oil pipeline opponent uses ‘necessity defense' — What is it?

Gary Cohn Is Correct: It Is Long Past Time To Raise The Federal Gas Tax

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