On this special episode of the Energy Security Cubed Podcast, Kelly Ogle and Joe Calnan discuss the vibes from Washington D.C. on CUSMA, continued closure of the Strait of Hormuz, oil price predictions for May, and Spain's choices on energy subsidies.

You can find the Politico article here: https://www.politico.com/news/2026/05/05/inside-collapse-canada-us-trade-deal-00905837

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Donate to CGAI here: buy.stripe.com/28o29deEmeCH1ck8ww

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- Kelly Ogle is a member of the Board of Directors of the Canadian Global Affairs Institute

- Joe Calnan is VP, Energy and Calgary Operations at the Canadian Global Affairs Institute.

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Reading recommendations:

- "Culture of Control: Farming With the Shackles of the Canadian Wheat Board", by Ken Motiuk: https://www.amazon.ca/Culture-Control-Farming-Shackles-Canadian/dp/1038317541

- "Blood Meridian: Or the Evening Redness in the West", by Cormack McCarthy: https://www.amazon.ca/Blood-Meridian-Evening-Redness-West/dp/0679728759

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Recording date: May 5, 2026

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Energy Security Cubed is part of the CGAI Podcast Network. Follow the Canadian Global Affairs Institute on Facebook, Twitter (@CAGlobalAffairs), or on LinkedIn. Head over to our website at www.cgai.ca for more commentary.

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Produced by Joe Calnan. Music credits to Drew Phillips.