Join hosts Dave, John, and Lysandra with special guest Stephen Schork, principal and co-founder of the Schork Group, as they delve into the multifaceted world of 2024 energy markets. The discussion navigates the significant geopolitical influences, including the Russia-Ukraine conflict and Israel-Iran tensions, and their impact on global energy supplies. Explore the transformative shift from open outcry to electronic trading systems, its effects on market access, volatility, and trading efficiency, especially during the COVID-19 pandemic. Stephen sheds light on the challenges of hedging in energy markets, the reluctance driven by Wall Street's perspective on derivatives, and the balance between reactive and proactive strategies. Discover the importance of integrating geopolitical risks into market forecasts and the role of the United States' comparative advantage in crafting a comprehensive energy policy.