During the 21st Annual National Ethanol Conference (#RFANEC) this week, one of the hot topics was the energy and ethanol market outlooks especially with the low oil prices the globe is currently experiencing. Tom Kloza with the Oil Price Information Service (OPIS) offered attendees the outlook for ethanol, oil and natural gas markets in his presentation, “Wronger for Longer – sideways look at North American Energy Supply.”
“What would you have imagined would be more unlikely 3 or 4 years ago?” Kloza asked in his introduction. “That a hip-hop version of Alexander Hamilton would win the Tonys on Broadway? That America’s Dad Bill Cosby would be America’s serial rapist? Or that the person who was the greatest athlete in the world in 1976 Bruce Jenner was now a woman? Or that oil prices were a $110 a few years ago and now are struggling to get out of the 20s?”
Your answer may change after you listen to Kloza’s remarks here: Tom Kloza, OPIS, Energy Markets Outlook Remarks View Power Point presentation.