74&W Exclusives: Tom Seng Audio Follow-Up

74&W Exclusives

TU pic cropped.png — Tom Seng

*Tom Seng is the Director of the School of Energy at The University of Tulsa and author of the book* Energy Trading & Hedging: A Nontechnical Guide (PennWell, 2019). In this discussion about oil trading, Tom gives some very eye-opening perspectives and facts, including just how much oil is actually transferred between buyers and sellers, and what information moves the market and what doesn’t. He also discusses the difference between energy independence and energy self-sufficiency, the evolution of oil extraction methods and their impacts, the reality of where the US is importing its oil from, and—as he sees it—the likely future of the US oil industry.

A Followup with Tom Seng About the April 2020 Oil Crash

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Tom Seng is an Applied Assistant Professor of Energy Business and Director of the School of Energy at The University of Tulsa. Previously, he taught at The University of Oklahoma, Penn State University, and Texas Christian University. Mr. Seng has over 30 years of experience in the natural gas and natural gas liquids industry including: physical and financial commodity trading, risk management and hedging, pipeline and midstream operations, transportation & storage capacity marketing, and risk control. He is the author of Energy Trading & Hedging: A Nontechnical Guide (PennWell 2019).

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