Rocky Mountain Resources CEO Expects $70 Oil Next Year

The video features Alex Steele interviewing Chad Brownstein about the oil market, focusing on shale production and infrastructure spending. Brownstein discusses the impact of US infrastructure investments on oil prices and the role of rail transport in supporting oil production. He highlights the potential for growth in US oil production and the importance of government spending in driving infrastructure projects. The conversation also touches on hedging strategies and the decoupling of OPEC and WTI prices.

Discuss the relationship between shale production and oil prices as explained in the conversation.

What factors contribute to the decoupling of OPEC and WTI as mentioned in the text?

How does Chad Brownstein view the impact of corporate strategies on infrastructure spending?