TurmOIL
Season 1: Episode 2
The nation’s self-proclaimed industry of independence has never been more dependent. How can we regain control and stability in our energy markets? Generate locally.
Nick Hylla, MREA Executive Director
Jordan Pupols, MREA Events Manager
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About This Epis0de
We are living in a time of uncertainty. The turmoil in global oil markets offers us a glimpse into a complex industry unraveling amid uncertainty and the federal response to save it at all cost. What if we invested in the long term stability of clean energy markets instead? To help us better understand our current situation, we interviewed American Author and Journalist, Bethany McLean, author of the book ‘Saudi America,’ about the eye opening developments in the US oil and gas market, we discuss the potential impacts on US clean energy investments, and we make the case for Midwest states to create market certainty for local energy investments.
SPECIAL GUEST: Bethany McLean
Bethany McLean is a contributing editor at Vanity Fair. She is also a columnist at Yahoo Finance and a contributor to CNBC. Her two books are The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron and All the Devils Are Here: The Hidden History of the Financial Crisis. She lives in Chicago. She has also written two mini books, Shaky Ground: The Strange Saga of the U.S. Mortgage Giants and Saudi America: The Truth About Fracking and How It’s Changing the World. She also serves on the boards of the Stigler Center at the University of Chicago and the Foundation for Financial Journalism. She’s a 1992 graduate of Williams College.
EPISODE RESOURCES:
Oil Shock
Federal Response
Coronavirus Made America’s Biggest Banks Even Bigger – April 23
Fortunes of US billionaires grew by $434B since coronavirus crisis – May 22
No Junk Debt Is Too Risky: How Fed’s Bailout Changed Everything – April 28
Corporate Debt Issuance has Already Topped $1 Trillion in 2020 – May 21
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The Midwest Renewable Energy Association (MREA) is a nonprofit organization with the mission to promote renewable energy, energy efficiency, and sustainable living through education and demonstration.