This episode takes a closer look at what’s really behind today’s energy transition. David Blackmon talks with energy analyst Ronald Stein about why oil and refineries still matter so much from powering transportation and hospitals to producing the products we use every day. They discuss how wind and solar create electricity but can’t yet replace the thousands of items built from oil derivatives.

They also touch on California’s refinery closures, the shift of energy companies to other states, and what these changes could mean for the economy and national security. With a global perspective on refining and “net zero” goals, the conversation offers a grounded look at the challenges and trade-offs of moving to renewable energy.

Highlights of the Podcast

00:00 – Introduction & Background

01:30 – Energy Literacy & Products from Oil

05:40 – Refinery Closures & National Security Concerns

08:30 – Newsom Policies & Lack of Backup Plans

12:55 – Industry Migration & Economic Impact

17:30 – Aging Refineries & Offshoring

21:46 – Global Refining & Misunderstood Net Zero Goals

27:43 – Closing Thoughts & Call for Conversations