Tim Holland, CFA, Senior Vice President, Global Investment Strategist
On this week’s podcast (recorded July 12, 2017), Tim addresses crude oil, what’s been weighing on the commodity as of late, and whether we should view that weakness as a net positive or negative for the U.S. economy.
- Any, and all, discussion of crude oil must begin with fracking. Fracking has enabled energy companies to tap long known, but historically inaccessible deposits of oil and gas across the United States
- The impact on U.S. production of oil and gas – and on global energy markets – has been revolutionary.
- U.S. crude oil production should hit 10 million barrels a day in 2018
- If Texas were an oil producing nation it would rank among the top 10 producers in the world
For Tim’s full insights, click here to listen to the audio recording.
The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.