Commentary: Tariffs and oil

Commentary: Tariffs and oil

The oil and gas industry has been hit quickly and hard by the recent tariff brouhaha, with prices dropping significantly compared to recent levels (at least as of the time that I am writing). I’ve been asked several times whether the situation is likely to lead to a sustained “bust” in the industry. There is obviously much uncertainty, but here are a few initial thoughts. The tariffs, if sustained, will likely cause substantially slower global e…