Want to create an interactive transcript for this episode?
Podcast: Innovation in Compliance with Tom Fox
Episode: Venezuela’s Energy Reopening with Loren Steffy
Description: Innovation comes in many areas, and compliance professionals need not only to be ready for it but also to embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, host Tom Fox visits with energy journalist/publisher Loren Steffy to discuss whether a Trump administration announcement regarding Venezuela is meaningful for oil markets, concluding that it mainly increases uncertainty and is unlikely to drive major U.S. oil-company investment.
They note West Texas shale generally needs about $60 oil...