S3-5: A Deep Dive on Energy Prices & Outlook for 2023 and Beyond

This week is all about energy prices, featuring a deep dive with Patrick DeHaan, Head of Petroleum Analysis for Gas Buddy.

Energy prices have been one of the significant drivers behind inflationary pressures we’ve seen over the last year… and in recent months, now that energy prices have started to abate, inflation is as well. But energy prices still remain high by historical measures.

Back in February, Patrick DeHaan, Gas Buddy’s Head of Petroleum Analysis, joined us to talk about what was happening in energy markets, and what a Russian invasion could mean for energy prices. His comments proved highly omniscient. 

I’m excited to have him back today to give an update on energy prices, including how energy prices are determined, the major factors impacting energy markets today, as well as what his near and longer-term outlooks are for energy prices so you can financially prepare.

We cover what drives gas prices, including:

What are the major drivers in the current energy market
The role of Russia, China, India, and Russian sanctions on gas prices
Why gas prices have fallen since summer, but are likely to go up again
Why the longer-term outlook for gas prices is likely higher and more volatile
His best ideas for a smoother energy transition with less costs to consumers
... and more!

For more on this show notes: https://familyfinancemom.com/what-drives-gas-prices/ 

For more on this week's guest, Patrick DeHaan:

GasBuddy.com 

Twitter.com/GasBuddyGuy

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