In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner discusses key energy topics, including Saudi Arabia's decision to raise prices for Asian markets while increasing OPEC+ production quotas, reflecting a strategy to maintain market dominance. He also covers the Senate's recent vote to overturn Biden-era appliance regulations, emphasizing market-driven demand for energy-efficient products. Tanner further delves into the decline in U.S. oil production, citing Diamondback CEO's concerns about peak shale production, rising costs due to tariffs, and geological challenges. Finally, he provides a quick update on oil prices and market trends.

Highlights of the Podcast 

00:00 - Intro

01:48 - Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas?

04:42 - Senate Votes To Overturn Stringent Biden-Era Appliance Rules, Sending Bills To Trump

09:20 - Markets Update

10:54 - Peak Shale May Be Here Says Diamondback CEO

13:15 - Outro

Please see the links below or articles that we discuss in the podcast.

Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas?

Senate Votes To Overturn Stringent Biden-Era Appliance Rules, Sending Bills To Trump

Peak Shale May Be Here Says Diamondback CEO

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Make no mistake, Doomberg is a national treasure. I have thoroughly enjoyed my podcasts with him, and his Substack is worth every penny. The last time Doomberg was on the podcast, we had Chris Wright, our new Secretary of Energy, on the panel.

This podcast is also going out on David Blackmon’s Substack and podcast channels, and he had some fantastic points and questions for Doomberg.

Thank you both for your energy, leadership, and your time – Stu

Check out Doomberg on his Substack at https://newsletter.doomberg.com/

Check out the transcript on our Substack here: https://theenergynewsbeat.substack.com/p/doomberg-on-the-oil-and-gas-markets

Highlights of the Podcast

00:00 – Introduction

03:00 – California’s Refining Crisis

08:30 – California Politics & Oil

13:20 – Trump’s Energy Team

17:40 – OPEC’s Decline & Co-Product Economics

23:00 – Oil Price Volatility & Strategy

26:30 – NGLs & Changing Energy Definitions

33:00 – Permian, Consolidation & Costs

36:00 – Breakevens and Co-Product Economics

39:00 – LNG, Natural Gas, and Arbitrage

45:00 – LNG Tankers, Jones Act, and Energy Exports

49:00 – $50 Oil as Geopolitical Strategy

53:00 – Russia, NATO & War Risks

57:00 – Canada, Trump, and Final Thoughts

In this episode of Energy Newsbeat – Conversations in Energy, host Stuart Turley and Ronald Stein discuss California's energy crisis, focusing on the state's declining oil production and refining capacity. They highlight how California's reliance on imported oil has grown to over 60%, creating a national security risk. Stein criticizes Governor Newsom's push to phase out fossil fuels without addressing the ongoing demand, and they explore how this policy impacts the state’s energy future. They also touch on global shifts in energy production, including China’s growing refinery capacity and the complexities of California's regulatory environment.

Ronald is a great friend to the Energy News Beat podcast and a great resource. Please follow his energy discussions here: https://www.americaoutloud.news/author/ronald-stein-p-e/

"California is a national security risk" is a fantastic point that Ronald made, and it prompted us to record a follow-up with Mike Umbro, which is coming out of production in a few days. Having Mike Umbro and Ronald on the same podcast for a discussion on California energy is great!

Highlights of the Podcast 

00:00 - Intro

01:21 - Decline of California’s refining capacity

02:33 - California’s energy security risks

03:24 - Rising dependence on imported oil

04:36 - China’s role in refinery development

05:28 - Challenges with California's fuel blend

06:00 - Impact of tariffs on energy

07:04 - Challenges of U.S. energy manufacturing

07:17 - Importance of energy supply-demand balance

09:06 - National security implications of California’s energy issues

10:36 - Politics of Governor Newsom’s energy policies

12:50 - Addressing the supply-demand imbalance

13:23 - The importance of oil in essential industries

16:14 - Wind and solar limitations as energy solutions

17:25 - Ronald Stein’s article on refinery closures

18:16 - Energy policy and supply-demand discussions

19:02 - Fossil fuels’ irreplaceable role in society

21:04 - The role of natural gas and nuclear in California

23:11 - Closing remarks and future discussions

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In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley discusses key energy market developments, including Saudi Arabia's budget deficit and its $90 oil requirement, the U.S. cutting its oil output forecast amid falling prices, and concerns about "peak shale" as Diamondback Energy reduces its production forecast. He also covers the ongoing legal battles involving 18 U.S. states suing President Trump over wind project shutdowns, as well as Marathon Petroleum’s Q1 earnings decline due to weak refining margins. Additionally, Turley touches on the oil price bounce-back following recent OPEC decisions and upcoming interviews with energy experts.

Highlights of the Podcast 

00:00 - Intro

01:46 - Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash

03:37 - US Cut Forecast for Oil Output Just Before Crude’s Latest Plunge

06:10 - Peak Shale May Be Here Says Diamondback CEO

08:38 - 18 US states suing Trump over shutdown of wind projects

10:40 - Marathon Petroleum Q1 down on earnings due to weak refining margins

11:42 - Oil Prices Bounce Back From OPEC+ Bombshell

12:54 - Outro

Please see the links below or articles that we discuss in the podcast.

Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash

US Cut Forecast for Oil Output Just Before Crude’s Latest Plunge

Peak Shale May Be Here Says Diamondback CEO

18 US states suing Trump over shutdown of wind projects

Marathon Petroleum Q1 down on earnings due to weak refining margins

Oil Prices Bounce Back From OPEC+ Bombshell

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In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley sits down with Michael McDonnell, founder of MMD Global Advisory, to dive deep into Saudi Arabia’s Vision 2030, the NEOM project challenges, and the broader impact of global trade wars. They explore how Trump’s tariffs are reshaping global finance, Saudi Arabia's financial future, U.S. energy dominance, and smart investment strategies during times of volatility. Gain insights into ESG's unexpected benefits to oil and gas, America's natural resource strategy, and why global investors are turning to the U.S. now more than ever.

Topics Covered:

• Saudi Arabia’s economic future and Vision 2030
• The NEOM city project's risks and realities
• How Trump’s trade policies are reshaping global markets
• Best investment strategies during high volatility
• The surprising upside of ESG on U.S. energy
• America's shift toward energy independence
• Technology innovations in nuclear and clean energy
• 
  

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley discusses key energy topics, including President Trump's views on the impact of falling oil prices on the Ukraine conflict, Saudi Arabia’s long-term oil strategy, the future of U.S. crude oil production, and Sunoco's $9 billion acquisition of Parkland. Turley emphasizes Russia's shift to Asian markets and critiques U.S. oil production forecasts, while highlighting significant industry developments such as LNG power plant projects and strategic acquisitions in the energy sector. The episode features insights from industry experts and analysis of the geopolitical and economic implications of these trends.

Highlights of the Podcast 

00:00 - Intro

01:40 - Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says

04:54 - Saudi Arabia’s New Oil Play – Embracing the Glut to Win the Long Game

07:00 - KN awards contract for Klaipeda FSRU electrification project

09:27 - What is the future for U.S. crude oil? Have we hit peak production?

12:36 - Sunoco’s $9 Billion Acquisition of Parkland

14:19 - Outro

Please see the links below or articles that we discuss in the podcast.

Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says

Saudi Arabia’s New Oil Play – Embracing the Glut to Win the Long Game

KN awards contract for Klaipeda FSRU electrification project

What is the future for U.S. crude oil? Have we hit peak production?

Sunoco’s $9 Billion Acquisition of Parkland

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In Energy News Beat – Conversation in Energy, Stuart Turley features an interview with Mike McConnell, Director of the Robert M. Zinke Energy Management Program at OU. McConnell discusses the program’s rich history, its evolution from petroleum land management to a broader energy curriculum, and the importance of preparing students for diverse roles in the energy sector, including oil, gas, renewables, and electricity. He emphasizes the need for an "and, not or" approach to energy, combining traditional fossil fuels with emerging technologies. The discussion also highlights the program’s strong industry connections, high job placement rates, and financial support for students, ensuring their success in a rapidly changing energy landscape.

Thank you, Mike, for your leadership at OU! Our future in energy is bright thanks to the University of Oklahoma's Energy program.

Check out the OU Energy Program here:

I had an absolute blast and look forward to more visits. -Stu

Highlights of the Podcast

00:00 - Intro

00:47 - OU’s Energy Management Program History

01:57 - Mike McConnell’s Background & Journey

03:35 - Energy Management Program & Industry Impact

05:57 - Chris Wright’s Book & Energy Poverty

08:11 - Molecules to Electrons: Energy Transition

10:12 - The Role of Nuclear Energy

13:28 - Midstream & Pipeline Careers

15:30 - LNG Growth & Geopolitical Implications

18:12 - Student Spotlight: Piper Lawlier

20:53 - Energy’s Role in the U.S. Economy

23:37 - OU’s Move to the SEC

28:39 - Junior Students Panel Discussion

33:43 - Key Lessons from OU’s Energy Courses

35:09 - Who Does Energy Best?

37:29 - Career Aspirations & The Future of Energy

39:14 - Land Management & Renewable Contracts

41:03 - OU Football, SEC, and Bedlam Rivalry

43:40 - Closing Remarks & Mike McConnell’s Message

In this episode of the Energy News Beat Daily Standup, the hosts, Stuart Turley and Michael Tanner discuss key energy topics, including Spain's rooftop solar issues during blackouts, the U.S. House's vote to overturn California's EV mandate, and the importance of grid inertia for stability. They also delve into Hawaii's reliance on petroleum and the Jones Act's impact on LNG shipments, before covering major oil company Q1 results, including Exxon, Chevron, Shell, and BP. The hosts reflect on global energy challenges, the shifting dynamics of U.S. oil companies, and the implications of Europe's net-zero policies.

Highlights of the Podcast 

00:00 - Intro

02:28 - Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout

05:19 - House Votes To Overturn Biden-Era Rule Letting California Impose EV Mandate

07:55 - Why is Grid Inertia Important?

10:40 - Hawaii Backs Natural Gas To Cut Emissions, Then Sues Oil Companies Anyway

16:27 - Markets Update

18:15 - Saudis Warn of More Supply Unless OPEC+ Cheats Fall in Line

26:34 - Ranking the Major Oil Company Q1 Results

33:21 - Outro

Please see the links below or articles that we discuss in the podcast.

Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout

House Votes To Overturn Biden-Era Rule Letting California Impose EV Mandate

Hawaii Backs Natural Gas To Cut Emissions, Then Sues Oil Companies Anyway

Why is Grid Inertia Important?

Saudis Warn of More Supply Unless OPEC+ Cheats Fall in Line

Ranking the Major Oil Company Q1 Results

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In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Stuart Turley and Michael Tanner discussed several critical issues, including the importance of refining critical minerals and potential energy collaborations between Russia and the U.S. They highlighted concerns over the EU's green energy policies and their dependence on China, arguing that the Green New Deal could lead to deindustrialization. They also covered the growing influence of U.S. LNG exports, which are poised to become the largest export product, and stressed the need for U.S. shipbuilding reforms to improve energy trade efficiency. Additionally, they touched on the recent energy crisis in Spain and Portugal caused by a massive blackout, possibly linked to a cyberattack, revealing vulnerabilities in renewable energy systems.

Highlights of the Podcast 

00:00 - Intro

01:35 - UK Looks To Woo Investors Impacted by Trump Tariffs

03:53 - US Eyes Post-War Joint Business With Russia in Energy, Metals

09:08 - EQT Buys Private Marcellus E&P Olympus Energy for $1.8B

11:28 - Spain and Portugal Hit by Widespread Blackout

17:06 - California’s New Oil Drilling Permits Drop From Thousands to Dozens per Year

19:17 - EU’s Green Dream Ignores U.S. Warnings And Falls Into China’s Geopolitical Grip

23:02 - U.S. LNG will be the United States’ largest export product – Secretary Chris Wright

26:02 - Outro

Please see the links below or articles that we discuss in the podcast.

UK Looks To Woo Investors Impacted by Trump Tariffs

US Eyes Post-War Joint Business With Russia in Energy, Metals

EQT Buys Private Marcellus E&P Olympus Energy for $1.8B

Spain and Portugal Hit by Widespread Blackout

California’s New Oil Drilling Permits Drop From Thousands to Dozens per Year

EU’s Green Dream Ignores U.S. Warnings And Falls Into China’s Geopolitical Grip

U.S. LNG will be the United States’ largest export product – Secretary Chris Wright

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In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley welcomes back author Terry Etam to discuss U.S.-Canada trade tensions, the impact of tariffs, Canada's energy potential, critical mineral strategies, and the future of oil, gas, and nuclear energy. They tackle political challenges, the dangers of rail transport for oil, and the urgent need for stronger U.S.-Canada energy collaboration amid global volatility.

Terry is a great friend of the podcast, and I thoroughly enjoy every chance I get to talk with one of my favorite Canadians.

Please follow him on X here: @TerryEtam

And check out his book here: https://a.co/d/9gHRkAa

Highlights of the Podcast 

00:00 - Intro

01:08 - U.S.-Canada Trade and Tariffs

02:16 - Canada's Missed Energy Independence

04:05 - Tariffs, Trade Problems, and Global Reset

04:57 - LNG Export Ban Controversy

05:10 - Leadership Failures in Canada

07:49 - Fentanyl Crisis and Border Issues

08:24 - Importance of Canadian Oil Sands

09:38 - California’s Oil Hypocrisy

10:41 - Integration of U.S. and Canadian Energy

11:45 - War in Ukraine and Global Costs

12:48 - Canada's Critical Mineral Opportunity

14:43 - Canada’s Weak Military Reality

15:11 - U.S.-Canada Energy Partnership Needed

16:58 - Green Hydrogen vs. Reality

19:22 - Oil, Gas, and Support for Nuclear

20:58 - Keystone Pipeline Shutdown Fallout

22:05 - Dangers of Rail Transport for Oil

23:01 - Closing: How to Connect with Terry Etam