Episodes

  • Trump to start drilling in Alaska

    Trump to start drilling in Alaska
    Jun 20 2024
    In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley discusses various energy news topics, including Trump's plan to restart oil drilling in Alaska's Wildlife Refuge, the high costs of offshore wind energy for Northeast taxpayers, France's potential ban on Russian LNG, Blackrock's efforts to shed its ESG reputation, and the unintended climate impact of low-sulfur shipping rules. He concludes by highlighting the possible increase in UK energy bills due to a gas rush and emphasizes the importance of energy security and cooperation to avoid such issues.Highlights of the Podcast00:00 - Intro01:46 - Trump Says He’ll Restart Oil Drilling in Alaska Wildlife Refuge03:44 - Offshore wind energy will come at a high cost to Northeast taxpayers05:34 - France Should Ban Russian LNG Soon, Senate Committee Says07:03 - BlackRock Desperate To Shed ESG Reputation08:39 - ‘Inadvertent geoengineering’: Researchers say low-sulfur shipping rules made climate change worse11:56 - Gas rush could hike UK energy bills and inflation13:13 - OutroPlease see the links below or articles that we discuss in the podcast.Trump Says He’ll Restart Oil Drilling in Alaska Wildlife RefugeJune 19, 2024 Mariel AlumitENB Pub Note: I do not mind drilling for oil and gas in Alaska’s wildlife areas. Our oil and gas companies are the best in the world and can minimize environmental impact. Our wind installations, […Offshore wind energy will come at a high cost to Northeast taxpayersJune 19, 2024 Mariel AlumitAs a renewable energy source, offshore wind appears to be free. In reality, it is among the most expensive electricity options available, and the current plans to develop giant wind farms off the U.S. East […France Should Ban Russian LNG Soon, Senate Committee SaysJune 19, 2024 Stu TurleyNation is Europe’s biggest importer of the fuel from Moscow There’s a push inside the EU to bolster current restrictions France should ban imports of Russian liquefied natural gas as soon as possible, according to […BlackRock Desperate To Shed ESG ReputationJune 19, 2024 Mariel AlumitBlackRock appears to be trying to make up for its politicized, anti-fossil fuels ESG investment strategy, according to a report by Fox News: “In a release obtained by Fox News Digital on Monday, BlackRock officials […‘Inadvertent geoengineering’: Researchers say low-sulfur shipping rules made climate change worseJune 19, 2024 Mariel AlumitDescribed at the time as the “biggest change in oil market history,” the International Maritime Organization (IMO) enforced new standards on Jan. 1, 2020, to cut their fuel sulfur content to 0.5%, down from 3.5%. […Gas rush could hike UK energy bills and inflationJune 19, 2024 Mariel AlumitThe UK may see rising energy bills and inflation this winter due to a possible dash for gas, according to LCP Delta’s Power Insights analysis. Sam Hollister, Head of Economics, Policy and Investment at LCP […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB TopEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
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    14 mins
  • Biden to Raid Strategic Oil Reserve Dry

    Biden to Raid Strategic Oil Reserve Dry
    Jun 19 2024
    In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley, CEO of Sandstone Group, emphasizes the importance of the upcoming November elections and highlights several key stories. He discusses President Biden's plan to release oil from strategic reserves to lower gas prices, the bankruptcy of EV maker Fisker, a Senate bill promoting nuclear power, a lawsuit by three states against a $7 billion decommissioning rule, and Putin's trade security pledge with North Korea. Turley stresses the geopolitical implications of these issues and the need for balanced energy policies while urging audience engagement and awareness.Highlights of the Podcast00:00 - Intro02:43 - Joe Biden Plans to Use Oil Reserves to Artificially Lower Gas Prices Before the November Election04:36 - Fisker Files for Bankruptcy as Troubles Mount for EV Makers05:48 - Senate set to send nuclear power boost to Biden’s desk07:05 - Three states sue US to block $7bn decommissioning payments rule08:56 - Putin vows trade, security with North Korea beyond reach of West11:39 - OutroPlease see the links below or articles that we discuss in the podcast.Joe Biden Plans to Use Oil Reserves to Artificially Lower Gas Prices Before the November ElectionJune 18, 2024 Mariel AlumitJoe Biden plans to deplete the U.S. oil reserves to artificially lower gas prices just months before the presidential election. When Biden took office in January 2021, the nationwide average gas price was $2.39 per […]Fisker Files for Bankruptcy as Troubles Mount for EV MakersJune 18, 2024 Mariel AlumitElectric vehicle manufacturer Fisker Group Inc said on Tuesday it had filed for Chapter 11 protection in the District of Delaware, one year after launching its first model, as market and macroeconomic headwinds led to a lot […]Senate set to send nuclear power boost to Biden’s deskJune 18, 2024 Mariel AlumitThe bipartisan bill is seen as a win for the nuclear power industry — making it quicker and less expensive to build them. The legislation seeks to reduce fees for companies that are proposing to build nuclear reactors and […]Three states sue US to block $7bn decommissioning payments ruleJune 18, 2024 Mariel AlumitLouisiana, Texas, and Mississippi have sued the US government to block the proposed rule set forth by the Biden administration requiring the offshore oil and gas industry to provide nearly $7bn in financial assurances to […]Putin vows trade, security with North Korea beyond reach of WestJune 18, 2024 Mariel AlumitENB Pub Note: Reading about Puin’s visit to North Korea brings up some key points about the geopolitical landscape in the area. The Global Energy Monitor shown below has an excellent look at Japan, Russia, […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB TopEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
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    12 mins
  • Republicans Win Biden's Green Policies

    Republicans Win Biden's Green Policies
    Jun 18 2024
    In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley discussing the significant climate damage caused by Russia's war in Ukraine, unexpected Republican benefits from Biden's green policies, a rare earth discovery in Norway challenging China's dominance, Tesla's partnership with Baidu for self-driving cars, and the declining U.S. oil and gas rig count. He also highlights China's increased crude stockpiling amidst weak refining output, reflecting geopolitical and market dynamics.Highlights of the Podcast00:00 - Intro01:29 - Russia’s War in Ukraine Has Produced $32 Billion in Climate Damage03:42 - The biggest winners of Biden’s green climate policies? Republicans.07:01 - Rare Earth Discovery Could Topple China’s Dominance08:44 - Tesla and Baidu Partner for Full Self-Driving Test10:25 - US drillers cut oil and gas rig count to lowest since January 2022 -Baker Hughes11:37 - China Accelerates Crude Stockpiling Amid Weak Refining Output12:50 - OutroPlease see the links below or articles that we discuss in the podcast.Russia’s War in Ukraine Has Produced $32 Billion in Climate DamageJune 17, 2024 Mariel AlumitCLIMATEWIRE | In November 2022, the United Nations resolved that Russia should pay reparations for the losses, damages and injuries caused by its invasion of Ukraine. Now, some scientists say those payments should include compensation for […]The biggest winners of Biden’s green climate policies? Republicans.June 17, 2024 Mariel AlumitWhen President Joe Biden’s massive climate bill passed Congress in 2022, Republican Rep. Richard Hudson of North Carolina complained it was boondoggle. The Inflation Reduction Act, which contained the largest climate investment in US history, […]Rare Earth Discovery Could Topple China’s DominanceJune 17, 2024 Mariel AlumitAmining company’s discovery of continental Europe’s largest deposit of rare earth elements (REEs) could chip away at China’s global dominance over the materials, which are used to make a range of critical technological and military […]Tesla and Baidu Partner for Full Self-Driving TestJune 17, 2024 Mariel AlumitTesla is testing its Full Self-Driving system in China, ahead of a planned rollout later this year. The company has partnered with Baidu for mapping and navigation software to support FSD in China. The expansion […]US drillers cut oil and gas rig count to lowest since January 2022 -Baker HughesJune 17, 2024 Mariel AlumitJune 14 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes (BKR.O), said in its closely followed report […]China Accelerates Crude Stockpiling Amid Weak Refining OutputJune 17, 2024 Mariel AlumitChina accelerated the pace of stockpiling crude oil inventories in May amid lower refining throughput and weaker crude imports compared to last year, in further bearish signs about China’s apparent oil demand so far this […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB TopEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
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    14 mins
  • EV Slowdown

    EV Slowdown
    Jun 17 2024
    In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss various energy news topics in the June 17, 2024 edition of the Daily Energy News Beat. Key headlines include a slowdown in EV sales impacting net-zero goals, a lawsuit by the American Petroleum Institute against the EPA’s EV mandates, Sweden's rejection of new power cables to Germany, and Australia's development of the first renewable-powered floating LNG terminal. They also cover the weekend's oil and gas market trends, including TotalEnergies' asset sales in Brunei, California's new oil drilling permits, and financial market updates. Tanner will attend Earth Tech, while Turley will host solo shows mid-week.Highlights of the Podcast00:00 - Intro01:36 - EV Slowdown Steers the World Further Off Course From Net Zero05:00 - API, Coalition Partners File Lawsuit to Protect American Consumers from EPA’s Electric Vehicle Mandate07:48 - Sweden Rejects New Power Cable to Germany Over Market Inefficiencies09:46 - World’s first renewable-powered floating LNG import terminal closing in on new partners amid ‘strong’ interest12:31 - Markets Update16:23 - TotalEnergies Sells Upstream Business in Brunei18:50 - State issues Kern’s first oil drilling permits in a year20:34 - OutroPlease see the links below or articles that we discuss in the podcast.EV Slowdown Steers the World Further Off Course From Net ZeroJune 16, 2024 Stu TurleyElectric vehicles have swiftly gone from a bright spot in the global climate fight to cause for concern, leading BloombergNEF to slash sales estimates and warn that the auto industry is falling further off the track toward […API, Coalition Partners File Lawsuit to Protect American Consumers from EPA’s Electric Vehicle MandateJune 16, 2024 Stu TurleyWASHINGTON, June 13, 2024 /PRNewswire/ — The American Petroleum Institute (API) today filed a lawsuit in the D.C. Circuit Court of Appeals challenging the U.S. Environmental Protection Agency’s (EPA) light-duty and medium-duty vehicle emissions standards for model years 2027-2032. […]Sweden Rejects New Power Cable to Germany Over Market InefficienciesJune 14, 2024 Mariel AlumitIn a significant move, the Swedish government has rejected the proposed 700 MW Hansa PowerBridge subsea power connection between Sweden and Germany. Energy Minister Ebba Busch cited inefficiencies in the German electricity market as the […]World’s first renewable-powered floating LNG import terminal closing in on new partners amid ‘strong’ interestJune 14, 2024 Mariel AlumitAustralia-headquartered integrated energy company Venice Energy is holding formal talks with multiple potential partners with ties to the United States (U.S.) and Asia to secure the future of a proposed LNG import terminal project in […]TotalEnergies Sells Upstream Business in BruneiJune 16, 2024 Stu TurleyHibiscus Petroleum Bhd. has agreed to buy TotalEnergies EP (Brunei) BV from TotalEnergies SE for $259.4 million. TotalEnergies EP (Brunei) holds a 37.5 percent stake as operator of Block B, which sits 85 kilometers (52.8 […]State issues Kern’s first oil drilling permits in a yearJune 13, 2024 Mariel AlumitState oil regulators last month approved the first new drilling permits in Kern County since May 2023, renewing a vigorous debate over the Newsom administration’s approach to petroleum production. Dallas-based oil producer Berry Corp. received […] Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB TopEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
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    21 mins
  • Week Recap: Fossil Fuels Resurge, Green Costs Rise, and PetroYuan's Reality

    Week Recap: Fossil Fuels Resurge, Green Costs Rise, and PetroYuan's Reality
    Jun 15 2024
    In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley discuss significant energy developments, including New Zealand's reversal of its oil drilling ban due to energy shortages and rising electricity costs, the economic challenges of the Green New Deal, California's ongoing struggles with energy policies, and a new large-scale refinery project in Texas. They highlight the complexities and consequences of global energy transitions and emphasize the importance of balancing environmental goals with economic realities.Highlights of the Podcast00:00 - Intro01:49 - New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer06:34 - The Price of Going Green Is High10:36 - California’s Impossible War on Oil and Gas12:50 - California set to crank gas power and emissions to keep cool13:48 - The Myth of the Inevitable Rise of a Petroyuan16:32 Houston energy company to build largest new refinery in half a century17:56 - OutroPlease see the links below or articles that we discuss in the podcast.New Zealand to lift oil drilling ban amid blackout fears in blow to StarmerJune 9, 2024 Stu TurleyNew Zealand was on Saturday night expected to revoke a ban on drilling for oil and gas amid fears of blackouts, as Labour plans to impose a similar crackdown on the North Sea. The country’s coalition government […]The Price of Going Green Is HighJune 8, 2024 Stu Turley1: People around the world are beginning to object to the increasingly expensive costs of the “energy transition” being pushed by their governments and some businesses. 2: A paper by the Climate Policy Initiative (CPI) […]California’s Impossible War on Oil and GasJune 10, 2024 Mariel AlumitDetermined to save the world from climate change, California has nearly shut down its oil and gas industry, though the Golden State currently gets 50 percent of its total energy from oil and another 34 percent from […]California set to crank gas power and emissions to keep coolJune 10, 2024 Mariel AlumitLITTLETON, Colorado, June 6 (Reuters) – Scorching temperature forecasts for the western U.S. over the coming days look set to kick-start the high seasonThe Myth of the Inevitable Rise of a PetroyuanJune 11, 2024 Stu TurleyIn diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the king of Saudi Arabia in December, both nations issued lengthy readouts extolling the burgeoning Saudi-Sino relationship in […]Houston energy company to build largest new refinery in half a centuryJune 11, 2024 Mariel AlumitA Houston company will construct the largest new refinery in the last 50 years in Brownsville, Texas. Element Fuel Holdings LLC is spending between $3 and $4 billion on the project, which will produce more than 160,000 […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
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    18 mins
  • Refineries are BACK!

    Refineries are BACK!
    Jun 13 2024
    In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss key headlines including Adnoc's significant LNG export project in the UAE, the environmental benefits of U.S. LNG shipped to Asia compared to coal, the construction of the largest new U.S. refinery in 50 years by Houston Energy Company, Citibank's forecast of a potential oil price drop to sub-$60, and Matador Resources' $1.9 billion acquisition to enhance its Delaware Basin acreage. They also cover the Federal Reserve's decision to maintain interest rates, a surprising EIA crude oil inventory build, and Berkshire Hathaway's increasing stake in Occidental Petroleum.Highlights of the Podcast00:00 - Intro01:29 - ADNOC Moves Ahead With Huge LNG Export Project in UAE03:16 - U.S. LNG Shipped to Asia Is Still Cleaner Than Coal05:15 - Houston energy company to build largest new refinery in half a century06:39 - Citi Says Oil Could Crash to Sub-$60 Level10:42 - Markets Update13:45 - Matador Resources Company Announces Strategic Bolt-On Delaware Basin Acquisition19:31 - OutroPlease see the links below or articles that we discuss in the podcast.ADNOC Moves Ahead With Huge LNG Export Project in UAEJune 12, 2024 Mariel AlumitAbu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […]U.S. LNG Shipped to Asia Is Still Cleaner Than CoalJune 12, 2024 Mariel AlumitUS LNG shipped to Asia has a lower value-chain emissions footprint than coal-fired power generation, even over long distances. Uncertainties regarding methane emissions and variations in emissions intensity between different sources and types of LNG […]Houston energy company to build largest new refinery in half a centuryJune 11, 2024 Mariel AlumitA Houston company will construct the largest new refinery in the last 50 years in Brownsville, Texas. Element Fuel Holdings LLC is spending between $3 and $4 billion on the project, which will produce more than 160,000 […]Citi Says Oil Could Crash to Sub-$60 LevelJune 12, 2024 Mariel AlumitCiti analysts have painted a bleak picture for the oil market, forecasting a significant price drop by 2025. According to their latest note, they anticipate a decline to $60 per barrel for Brent crude, marking […]Matador Resources Company Announces Strategic Bolt-On Delaware Basin AcquisitionJune 12, 2024 Mariel AlumitDALLAS–(BUSINESS WIRE)–Jun. 12, 2024– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC (“Ameredev”), including certain […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
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    21 mins
  • Is the dollar here to stay?

    Is the dollar here to stay?
    Jun 12 2024
    In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss several key energy topics. They cover the skepticism around the Petro Yuan replacing the Petro Dollar, the resilience of the U.S. dollar, Europe's wavering climate ambitions amidst political shifts, Russia's clandestine oil shipments to evade U.S. sanctions, and Azerbaijan's increasing natural gas demand despite global phase-out plans. They also touch on rising natural gas prices, oil market dynamics, and potential impacts on U.S. energy production and financial stability.Highlights of the Podcast00:00 - Intro01:28 - The Myth of the Inevitable Rise of a Petroyuan04:16 - Don’t Bet Against the Dollar06:32 - Europe’s climate ambitions thrown into doubt as Green vote collapses08:35 - Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US Sanctions10:30 - COP29 host Azerbaijan sees natural gas demand rising despite “phase-out” plans13:03 - Markets Update15:20 - OutroPlease see the links below or articles that we discuss in the podcast.The Myth of the Inevitable Rise of a PetroyuanJune 11, 2024 Stu TurleyIn diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the king of Saudi Arabia in December, both nations issued lengthy readouts extolling the burgeoning Saudi-Sino relationship in […]Don’t Bet Against the DollarJune 11, 2024 Mariel AlumitU.S. competitors are pushing the limits of autonomy within a dollar-based system, but there isn’t a real global alternative—and the world is far from an inflection point. It has been 80 years since the Bretton […]Europe’s climate ambitions thrown into doubt as Green vote collapsesJune 11, 2024 Mariel AlumitGreen parties were on track to lose seats in the European Parliament elections, provisional results showed Monday, sparking concerns that the bloc may be on the brink of scaling back its climate policies. The left-leaning Greens/European Free […]Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US SanctionsJune 11, 2024 Stu TurleyENB Pub Note: An excellent article from Bloomberg. Although the first line says “The first Russian oil tanker attempting to deliver crude while under US sanctions”… this is not factual, as Russia has been increasing […]COP29 host Azerbaijan sees natural gas demand rising despite “phase-out” plansJune 11, 2024 Mariel Alumit(Bloomberg) – Months after UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere. Azerbaijan, which has the presidency of the 29th United Nations’ […] Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
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    16 mins
  • California War on Oil and Gas

    California War on Oil and Gas
    Jun 11 2024
    In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley, discussed the significant shift to the right in the EU elections, Europe's move from Russian gas to more expensive LNG, ongoing talks to maintain the Russian-Ukraine gas pipeline, and California's aggressive stance on oil and gas amid its energy challenges. He also highlighted North America's continued increase in rig counts, noting fluctuations in specific regions like Oklahoma and the Permian Basin. Turley emphasized the geopolitical and economic implications of these energy developments and encouraged viewers to stay informedHighlights of the Podcast00:00 - Intro01:00 - 5 things to know about the EU election results03:04 - Europe’s Shift from Russian Gas to Pricey LNG05:03 - Europe in Talks to Keep Russia-Ukraine Gas Pipeline Flowing06:56 - California’s Impossible War on Oil and Gas09:13 - California set to crank gas power and emissions to keep cool10:13 - North America Continues Streak of Rig Additions12:20 - OutroPlease see the links below or articles that we discuss in the podcast.5 things to know about the EU election resultsJune 10, 2024 Mariel AlumitBRUSSELS — Europe’s conservatives are ecstatic. The European People’s Party (EPP) scored a clear victory in Sunday’s European Parliament election, tightening its grip on the chamber even as far-right groups made major gains across the […]Europe’s Shift from Russian Gas to Pricey LNGJune 10, 2024 Mariel AlumitEurope’s switch from Russian pipeline gas to LNG has increased energy costs, despite claims of overcoming dependence without adverse effects. Upcoming winters could see higher gas prices due to increased demand and the end of […]Europe in Talks to Keep Russia-Ukraine Gas Pipeline FlowingJune 10, 2024 Stu TurleyRussian gas still goes through Ukraine pipeline despite war Parts of Europe are worried about the end of supply deal European officials are in talks to keep gas flowing through a key Russia-Ukraine pipeline, as […]California’s Impossible War on Oil and GasJune 10, 2024 Mariel AlumitDetermined to save the world from climate change, California has nearly shut down its oil and gas industry, though the Golden State currently gets 50 percent of its total energy from oil and another 34 percent from […]California set to crank gas power and emissions to keep coolJune 10, 2024 Mariel AlumitLITTLETON, Colorado, June 6 (Reuters) – Scorching temperature forecasts for the western U.S. over the coming days look set to kick-start the high season for natural gas use in the California power system, when the […]North America Continues Streak of Rig AdditionsJune 10, 2024 Mariel AlumitNorth America added nine rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on June 7. Although the U.S. dropped six rigs week on week, Canada added 15 during […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
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    13 mins