Last week, energy industry leaders gathered in Houston for CERAWeek by S&P Global, one of the most important annual industry events focusing on the current state of energy markets, policy, and technology.

This year's conference took place against a backdrop of shifting global energy dynamics — declining oil prices, the Trump administration's "drill baby drill" agenda, growing concerns about energy security, geopolitical tensions, and ongoing debates about the pace and direction of the energy transition.

So what were the week's key takeaways? How are energy leaders reacting to a second Trump administration? And what does the future of global energy markets look like?

This week host Jason Bordoff talks with two energy reporters — Bloomberg's Javier Blas and Axios's Ben Geman — about their takeaways from CERAWeek and what they heard on and off stage.

Javier is an opinion columnist for Bloomberg, covering energy and commodities. He was previously at the Financial Times where he held various positions including roles as the Africa editor and the commodities editor.

Ben is an energy and climate reporter at Axios. He is the co-author of the daily Axios Generate newsletter and covers the world of energy business and policy. He previously covered these topics for National Journal, The Hill, and E&E News.

Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Erin Hardick, Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Sean Marquand. Stephen Lacey is executive producer.