From Engineering to Energy: Jeff Krimmel's Unique Career Journey - Ep. 93

This week, we had the pleasure of welcoming Jeff Krimmel, a mechanical engineering PhD from Caltech and the founder of Krimmel Strategy Group. If you’re looking to deepen your understanding of energy strategy and market dynamics, this episode is a must-listen!

In our conversation, Jeff shares his unique journey from a technical engineering background to becoming a key player in energy strategy consulting. He discusses how his experiences at Baker Hughes and other companies shaped his perspective on the energy sector and led him to launch his own firm.

Here are some highlights from the episode:

• Energy Strategy Insights: Jeff dives into the complexities of energy sources, emphasizing that all energy sources are imperfect. He provides a balanced view of hydrocarbons, renewables, and the evolving energy landscape.
• The Future of Energy: We explore what the optimal energy mix might look like in the near to long-term, considering the unique challenges and opportunities in different regions, including Texas and the Gulf Coast.
• Navigating Career Risks: Jeff shares valuable advice for oil and gas professionals on how to leverage their expertise in a rapidly changing market. He emphasizes the importance of understanding your human capital and the risks associated with concentrated exposure to the energy sector.
• Financial Acumen: We discuss the significance of financial literacy for engineers and technical professionals, and how it can empower them to make informed decisions about their careers and investments.
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You can follow Jeff on Linkedin or subscribe to his free newsletter (the Business of Energy). He also has a premium offering, a first principles deep dive into energy called The Foundations of Energy

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As always, we encourage our listeners to reach out with any questions or ideas for future episodes at podcast@brownleewealthmanagement.com. Thank you for tuning in, and we look forward to bringing you more insightful episodes in the future.

Disclosure: This information is for informational purposes only. Nothing discussed during this video should be interpreted as tax, legal, or investment advice. If you have questions pertaining to your specific situation, please consult the appropriate qualified professional.