Paul Hodges

Featuring Paul Hodges

Paul Hodges, Chairman of International eChem, explains how central banks have hidden price discovery in the oil markets and explores the trends that led to the recent collapse in the price of crude with one wary eye on where the price may go from here.

Published on
20 May, 2015
Topic
Energy Commodities, Geopolitics, Pension System
Duration
34 minutes
Asset class
Commodities
Rating
7

Comments

  • EK

    Emil K.

    25 2 2016 15:06

    0       0

    Masterpiece.

  • WM

    Will M.

    7 6 2015 23:23

    1       0

    I'm in O&G & Deep water will be a problem at $30 for new developments as existing prod will be mostly ok. Demographic discussion is critical & pensions will be a huge issue as returns won't fund them.

  • GM

    Gregor M.

    1 6 2015 19:12

    6       0

    Great video. One of the best so far. I'd love to see some other older players who can give as much perspective as Hodges..

  • JD

    John D.

    1 6 2015 18:38

    6       0

    Priceless ability to show the power of clear perspective

  • PK

    Peter K.

    31 5 2015 23:05

    5       0

    Brilliant, love the historical perspective! Let's see him again.

  • SD

    Sebastien D.

    29 5 2015 18:31

    3       0

    Amazingly articulated. I have a lot of 'Wow' moments on RV, that was one of them.

    One thing that left me with a questions:
    - the 33$ LT avg. should it be inflation adjusted (was it?)

  • TF

    Tom F.

    29 5 2015 09:03

    3       0

    One of the best interviews - great fundamental picture and also thinking how demographics will change behaviors in the future like demand. Can't see oil recovering any time soon on fundamentals

  • TJ

    Terry J.

    28 5 2015 10:02

    7       0

    Brilliant. So many astute observations in just half an hour and an excellent history lesson of the oil industry. Loved it.

  • WA

    WAYNE A.

    27 5 2015 02:22

    4       0

    No note, pauses, clear as bell. Great piece of work.

  • SS

    Stewart S.

    25 5 2015 01:31

    1       0

    excellent description of the problem. However, he does not discuss the resurgence in demographic make up starting in 2016 that result in the reemergence of the 35-to 55 year old age bracket.

  • AW

    Anna W.

    23 5 2015 13:08

    6       0

    Thank you for pulling together several issues I've heretofore considered separately into a cohesive, top-down understanding! And the bar/club setting made me think we were in one to one dialogue.

  • CC

    Chad C.

    22 5 2015 23:32

    9       0

    A top 5 piece. Easy to understand. Good charts. Made total sense. This is now my "gold standard" for Real Vision presentations.

  • AB

    Alexandre B.

    22 5 2015 18:25

    1       0

    Love his laugh.

  • PM

    Philip M.

    22 5 2015 12:58

    6       0

    Brilliant.....! This guys great!

  • AE

    Alex E.

    22 5 2015 06:26

    4       0

    I work in CAN. O&G and he is absolutely right. Do U think that Billions in investment will be left to founder? NOT! He's also bang on about the "Boom,Bust and echo" generations! This man knows.......

  • je

    james e.

    22 5 2015 01:51

    2       0

    2) He's rt about plenty of oil; problem is high prod cost. PE capital has caused higher prices and allowed co's that should die to live. That doesn't chge until higher int rates. Agree about deflation

  • je

    james e.

    22 5 2015 01:47

    4       2

    1) Smart guy, great intvw. However, Thos' comment is valid. I'm in O&G bus and $30/bbl won't work. He ref's historical avg of $33/bbl but that was pre-shale w/much > finding costs so meaningless stat.

  • SP

    Steve P.

    21 5 2015 21:16

    6       0

    What a week - 2 of RV's best ever interviews from Paul and Pippa. Great stuff guys!

  • NP

    Nirav P.

    21 5 2015 20:18

    3       0

    Super stuff on oil from Diego Parrilla previously and now Paul Hodges...!!! Exceptional Insights...

  • BM

    B. M.

    21 5 2015 16:30

    1       0

    excellent !

  • JR

    Jon R.

    21 5 2015 15:35

    0       0

    Having just come back from visiting Alberta the output numbers for Canada are surprising considering the increasing unemployment in the energy sector. Increasing output and unemployment?

  • BS

    Brian S.

    21 5 2015 14:13

    11       0

    One of the very best interviews so far on Real Vision. 33 minutes went by quickly. Hope Real Vision has him on again within next 6 months.

  • CE

    Christopher E.

    21 5 2015 10:49

    5       0

    Acute market nous from a gifted raconteur. His unblinking insights come as a welcome change from the 'beautiful lies' of Western elites.

  • sp

    shashwat p.

    21 5 2015 07:37

    1       0

    Score one for game theory! ..... And engineers!!

  • ww

    will w.

    21 5 2015 04:17

    7       1

    Mind-blowing!!! SO many 'outside-the-box' insights - like CB interventions leading to speculative frenzies in Oil mkts, which then goads production spree. RV keeps upping the ante!

  • MJ

    Mike J.

    21 5 2015 02:33

    8       0

    Brilliant! Love the demographics explanation.

  • DH

    Dale H.

    21 5 2015 02:06

    9       1

    That was excellent. Bravo. A wealth of insight and experience along with a genuine down to earth style.

  • TS

    Thomas S.

    21 5 2015 00:51

    2       6

    And he calls for $30 yet doesn't believe the shale producers will fail. They didn't make money at over $100, so most of them will definitely go bankrupt at $30. Just see Art Berman's last few articles

  • TS

    Thomas S.

    21 5 2015 00:43

    4       6

    He calls Saudi Arabia bankrupting the shale producers a conspiracy theory. Then he says that for Saudi Arabia, keeping high prices means allowing competitors to make money at their expense. Same thing

  • CC

    Christopher C.

    20 5 2015 17:35

    17       1

    Amazing clarity. Monetary systems geared for inflation against a perpetual tide of demographics. How do you run existing monetary systems in reverse? Deflation and NIRP. Say good bye to cash.