In the live recording of "Powderfinger," Neil Young is performing with Crazy Horse during a pivotal moment in his career characterized by artistic exploration and innovation. This performance appears in "Rust Never Sleeps: A Concert Fantasy," which was released in 1979. Prior to this, Young had put out the album "Comes a Time" in 1978, which marked a return to a more acoustic sound and showcased his ability to blend folk and rock. Notably, the "Rust Never Sleeps" tour introduced a unique live performance style that incorporated both acoustic and electric elements—evidence of his dynamic range as an artist. The album and film are renowned for their strong lyrical themes, particularly regarding youth and societal change, making "Powderfinger" a standout track that reflects Young's deep narrative strength and his collaboration with Crazy Horse, which has been critically acclaimed for its raw, powerful energy.