Banríon CEO on $OXY earnings and the outlook for energy

"The price of oil is interesting in how it impacts these companies. You don’t want it to be too low because then there’s no incentive to get more production online…but the price can be too high, where the demand isn’t there," Banríon CEO Shana Orczyk Sissel, said returning to Schwab Network with Nicole Petallides to discuss Occidental Petroleum ($OXY) ahead of earnings.

Shana expects a mix of policy support for energy production, inflationary pressures, and geopolitical risks to keep prices at a level where companies can remain profitable without hurting demand.