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Drilling Deep: What is the post-pandemic future of pricey truck insurance?

· Thursday, April 23, 2020

In the week that saw crude prices turn negative, host John Kingston on the Drilling Deep podcast tries to translate that once-in-a-lifetime occurrence into what it says about diesel prices. He also discusses the impact on the trucking sector that services the oil patch and how the negatives from that are going to outweigh the positives of cheaper diesel.

In addition, John is joined by Dan Cook of True North to analyze the crisis that was a crisis before the pandemic: insurance costs. What happens to the already significant issue of insurance costs after the pandemic eases? Are they going to continue to rise or does the industry get a break? Dan discusses the new reality in the insurance business as a result of the upheaval.

John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.