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  • Doomberg on the Energy News Beat Global Oil and Gas Markets Update

    Doomberg on the Energy News Beat Global Oil and Gas Markets Update
    2026/05/07

    You will NOT want to miss this episode of the Energy News Beat Global Oil and Gas Markets Update with our special guest Doomberg. We were live on LinkedIn and YouTube, and we had some great questions.

    We highly recommend subscribing to Doomberg's Substack at: https://newsletter.doomberg.com/

    1. Geopolitical Conflict & War Resolution

    The primary focus is on the potential end of the Middle East conflict (referred to as "World War III"). Doomberg argues that multiple signals suggest the war is concluding, including:

    An aircraft carrier leaving the Gulf

    Trump's planned visit to Beijing

    Gold trading patterns showing inverse correlation with war escalation

    Diplomatic activity (Iranian Foreign Minister visiting Oman, St. Petersburg, and Beijing)

    Market behavior suggesting peace is being priced in

    2. Global Energy Markets & Oil Pricing

    Extensive discussion about oil market dynamics:

    Oil price projections (ranging from $50-$100+ per barrel)

    The impact of the conflict on global oil supply

    Strategic Petroleum Reserve refilling strategy

    California's diesel crisis and energy independence issues

    The role of OPEC and its members (particularly UAE's exit)

    3. Global Realignment & New Trading Blocs

    The emergence of new geopolitical alliances based on energy policies:

    A potential new world order with the US, Saudi Arabia, Qatar, UAE, India, China, and Russia

    The contrast between energy-friendly nations and "net zero" countries (EU, UK, Canada)

    The UAE's positioning as closer to Israel/US interests

    Iran's strengthened regional position

    4. UK Political Predictions

    A bold prediction that Ed Miliband will become Prime Minister, based on:

    Current Labour Party vulnerabilities

    Scandals affecting other potential successors

    The contrast between energy-knowledgeable leaders (like Liz Truss) being removed from power

    Miliband as the "cleanest dirty shirt" in London politics

    5. Energy Policy & Deindustrialization

    Criticism of net-zero policies in Western nations:

    UK banning North Sea drilling while Norway increases production

    EU energy policies creating dependency

    Windfall profit taxes discouraging energy production

    California's refinery closures creating fuel shortages

    6. Currency & Financial System Changes

    Discussion of potential shifts in global monetary systems:

    Possibility of Russia and China backing currencies with gold

    The weaponization of the US dollar through sanctions

    China's blocking statute against US sanctions

    The end of the post-WWII order

    7. Personal Preparedness & Energy Security

    Practical discussion about:

    Home energy independence (solar, batteries, propane generators)

    Preparedness for grid outages

    The importance of self-sufficiency

    Community resilience

    8. Media & Misinformation

    Commentary on:

    Fake Doomberg accounts on social media

    Mainstream media coverage vs. open-source intelligence

    The role of Substack in bypassing traditional media gatekeeping

    Podcast listener metrics and platform independence

    The conversation weaves these topics together to paint a picture of a world transitioning from a US-dominated unipolar order to a multipolar system where energy policy and geopolitical alignment will be central to global power dynamics.

    Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/

    A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.

    Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energy

    And we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/
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    57 分
  • Energy Dominance: Why America's Oil & Gas Leadership Matters More Than Ever

    Energy Dominance: Why America's Oil & Gas Leadership Matters More Than Ever
    2026/05/06
    Chris Johnson, President of the American Energy Leadership Institute, stops by the Energy News Beat podcast.What a great conversation, and you will recognize Chris from his many interviews. I have seen him on Mornings with Maria, and he's all over the map. It is very encouraging to have young leaders trying to help with Energy Dominance and to be able to articulate the messaging to everyone. He is spot on and has a plan. Take notes, as you will be seeing a lot more from Chris in the future.He will be on Mornings with Maria this Friday, and you will want to connect with Chris Johnson on X @CJohnsonAELI. They are upgrading their site; check it out soon. https://theenergyleadershipinstitute.org/1. Energy Dominance & ExportsThe conversation centers on how energy dominance is achieved through exports. The hosts discuss how the U.S. is now exporting more oil and LNG than Saudi Arabia and Russia combined, with tankers lined up in the Gulf. They emphasize that energy security starts at home, but dominance is displayed through exports.2. LNG Export Policy & Biden Administration RestrictionsChris Johnson discusses the Biden administration's LNG export pause, which limited the ability to build new export terminals. He contrasts this with the current administration's pro-energy stance, noting that American LNG is cleaner than alternatives and often replaces dirtier fuels globally.3. Net Zero Policies & Their Unintended ConsequencesA major theme is the critique of net zero and deindustrialization policies in Europe, Canada, and the UK. The speakers argue these policies have paradoxically increased emissions by offshoring production to dirtier countries like China and India, rather than reducing them. They advocate for environmental stewardship paired with economic growth.4. California's Energy CrisisThe podcast addresses California's severe energy crisis—including potential $10 gasoline, refinery closures, and import restrictions on refined fuels. They attribute this directly to state policies (mandates and bans) rather than market-based solutions, and discuss potential federal intervention using the Defense Production Act.5. Texas as a Model for GrowthTexas is highlighted as a successful counterexample, being the fastest-growing clean energy economy while allowing market-driven development and private land use without excessive regulation.6. Geopolitical Energy OpportunitiesThe discussion covers opportunities in:Venezuela: Chevron reaching 1.1 million barrels per day; potential for refinery developmentIran: Potential Venezuelan-style sanctions controls to prevent funding of terrorist proxiesCanada: Keystone XL pipeline expansion adding ~500,000 barrels per day of oil sands productionMiddle East: Shift toward U.S. partnerships through the Abraham Accords7. Technology & Innovation in EnergyTopics include:Advanced manufacturing and data centers requiring massive energyNuclear energy adoption by Saudi ArabiaSolar technology cost curves and domestic productionAI dominance tied to energy dominanceOrbital data centers and space-based energy solutions8. Oil Field Services & Technology ExportsThe speakers emphasize exporting U.S. expertise in shale drilling, horizontal drilling, and fracking technology to other countries, particularly in the Middle East, as part of energy dominance strategy.9. Election & Political EngagementDiscussion of voter turnout efforts (Scott Pressler), the importance of the SAVE Act for election integrity, and potential political shifts in states like California and Oregon.10. Private Land Ownership & Energy ProductionA key insight: 50% of U.S. oil is drilled on private lands, which is why the U.S. leads in shale innovation—private ownership incentivizes efficient production and technology development.The overarching theme is that energy policy drives economic growth, environmental outcomes, and geopolitical influence, and that market-based solutions outperform mandates and bans.Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/
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    38 分
  • Iran Heating Up the Middle East

    Iran Heating Up the Middle East
    2026/05/05
    What a wild day on the News Desk. President Trump ordered the U.S. Navy to escort ships through the Strait of Hormuz, and Iran started lobbing drones and missiles around. Bagdad Bob showed up in Iran and claimed that they hit a US ship, but they did not.It will be interesting to see what the breaking point of the Gulf Nations is, and when they start attacking Iran’s oil infrastructure. The drone strikes were on the pipeline that bypasses the Strait of Hormuz, and it was not damaged too badly. We are currently trying to obtain the assessments. 1. Middle East Geopolitical Tensions & Energy SecurityIran’s drone strikes on UAE: A drone strike hit the Fahoya Oil Institute Zone in the UAE, originating from Iran, causing a fire with no injuries reportedStrategic implications: The strike occurred within drone distance of the Strait of Hormuz, a critical chokepoint for global oil suppliesU.S. military response: Project Freedom launched to escort tankers through the Strait; approximately 150 tankers are waiting to transit2. Global Oil & Energy MarketsSupply disruptions: ~9-8 billion barrels of oil are missing from the market, which theoretically should push oil prices to $140, but they’re trading around $113-117Physical vs. paper prices: A critical mismatch exists between physical delivery prices ($147-200) and paper prices, which will eventually convergeTanker movements: Russian oil arriving in Japan; Iraqi/Iranian oil arriving in California3. Energy Geopolitics & Currency DynamicsUAE leaving OPEC: The UAE is pursuing currency swap agreements with the U.S., signaling a shift toward petrodollar trading relationshipsStrategic alliances: Japan’s Prime Minister securing Russian energy supplies; Italy deepening ties with Azerbaijan for natural gasU.S. petrodollar dominance: Discussion of how the U.S. maintains control over major oil-producing nations through currency arrangements4. Renewable Energy & Infrastructure ChallengesOffshore wind project disputes: GE-Vernova challenging Vineyard Wind’s claims, highlighting subsidy dependency and profitability concernsItaly’s energy mix: 35% natural gas, 41% renewables (but unreliable at night due to storage limitations)Subsidy concerns: Without subsidies, renewable projects become unprofitable5. EV Market Correction & ManufacturingNissan’s pivot: Abandoning EV production in favor of trucks and SUVs due to waning demandU.S. manufacturing resurgence: Manufacturing jobs returning to the U.S., particularly in MississippiConsumer preferences: Americans prefer traditional vehicles for long-distance driving6. Corporate Performance & Stock AnalysisCaterpillar’s strong earnings: Q1 2026 sales up 22% to $17.4 billion; profits up 30%, driven by AI data center demandEnergy sector stocks: Analysis of Cheniere Energy, Valero, and ExxonMobil trading patternsMarket uncertainty: Sideways trading as investors assess geopolitical impacts7. California Energy Policy CritiqueRegulatory barriers: Governor Newsom’s policies making it expensive to drill domestically, forcing California to import crude from Iraq/Iran and BrazilPermitting delays: Only 4 permits issued for 2,000 planned wells as of May 5thEnvironmental irony: Domestic restrictions leading to increased rainforest destruction in BrazilThis is a comprehensive energy news briefing covering geopolitical risks, market dynamics, policy impacts, and corporate performance in the energy sector.1.Fujairah confirms FOIZ fire after drone strike, and Gulf States may prepare a response2.U.S. Military Supports Launch of Project Freedom in Strait of Hormuz3.UAE Leaving OPEC and Talking with US about Currency Swap: What Does That Mean?4.Russian Oil Arrives in Japan Amid Supply Strains5.Italy Looks for Closer Ties with Azerbaijan in An Energy Push6.Italy Looks for Closer Ties with Azerbaijan in An Energy Push7.GE Vernova Challenges Vineyard Wind’s Claims of Harm8.Reality Just Slammed into Nissan: They Ditch EVs and Redirect Focus to Trucks, SUVs in Mississippi9.CAT has positive earnings and a path for growthCheck out https://theenergynewsbeat.substack.com/p/levelised-cost-of-energy-models-areCheck out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/
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    22 分
  • Levelised Cost of Energy Models Are Junk - And Subsidies are driving the prices of Energy Up

    Levelised Cost of Energy Models Are Junk - And Subsidies are driving the prices of Energy Up
    2026/05/03
    David Turver, an Energy Analyst from the UK, stops by the Energy News Beat Podcast.With the spotlight on the world stage around the price of oil, the world is bifurcating into two camps. Those going after Energy Security Starts at home, and the other camp is tripling down on Green Energy and Deindustrialization.I do not know how the Iran conflict will turn out, but I feel that if the Venezuelan-style controls are put in place and the Iranians can set up a government, there is hope. That would cut out billions of dollars annually to the proxy fighters in the Middle East, funded by China’s insatiable demand for oil.David’s Substack is a great resource for information on the UK grid system. In the article Levelised Cost of Energy Models are Junk, he really outlines how Fake LCOE model results are being used to poison the debate about the cost of renewables.For our Substack subscribers fighting local wind or solar farms, this may help, as we all need to ask the right questions. The thing that struck me most in the article was how the numbers are made up and changed to fit the narrative. It is the same thing that has been done to the United States grid system, as we need to redefine the Levelized Cost of Energy to have wind, solar, and even hydrogen have storage tied to their projects. With recycling and end-of-life projects funded and bonded.1. Levelized Cost of Energy (LCOE) Models & Their FlawsThe core topic of the podcast centers on how LCOE models used by organizations like IRENA, Lazard, and government agencies significantly underestimate the true cost of renewable energy. David Turber argues these models are “junk” because they:Use unrealistically low capital expenditure estimatesAssume artificially high load factors (capacity utilization rates)Ignore grid integration, storage, and decommissioning costsApply lower costs of capital to renewables than to fossil fuelsReal-world example: IRENA estimates onshore wind at £25/MWh, but actual 2024 UK auction prices were £72/MWh—nearly three times higher.2. Renewable Energy Economics & Hidden CostsThe discussion reveals that renewable energy projects rely heavily on subsidies and have significant undisclosed expenses:Decommissioning costs are not properly funded; companies reduce asset values rather than setting aside cash reservesNameplate upgrades in the US use subsidy money to replace turbine components, artificially extending project lifespansLand reclamation liability for wind farms in the US totals ~$89 billion and isn’t factored into LCOE calculationsWind farms become uneconomical after ~15 years when subsidies end and maintenance costs rise3. Grid Reliability & Intermittency IssuesThe speakers highlight critical problems with integrating intermittent renewables:Gas plants must constantly “spin up and spin down” to compensate for wind/solar variability, causing extra wear and maintenance costsGrid balancing and curtailment payments (paying generators not to produce) are not included in renewable cost modelsTexas ERCOT has 85 GW peak demand but 180 GW nameplate capacity due to wind/solar overbuilding—requiring expensive grid infrastructure upgradesAI data centers demand dedicated, reliable power, which renewables cannot provide without nuclear backup4. Energy Security & Geopolitical ImplicationsThe conversation shifts to how energy policy affects national security and economic competitiveness:UK/EU deindustrialization: Closing refineries, petrochemical plants, and steel mills due to high energy costsDependency on imports: The UK now imports 50-60% of jet fuel and diesel; refineries in California dropped from 38 to 7, with 6 more slated to closeChina’s energy dominance: Building 150 GW of nuclear capacity by 2035 while increasing domestic drillingLiving standards decline: UK GDP per capita has fallen below that of Louisiana (the poorest US state)5. Government Policy FailuresDavid an I have fun while we criticize UK and EU energy policies:Renewable Obligations scheme: Provides indexed subsidies that exceed initial capital costs, making projects profitable only through subsidiesContract for Difference scheme: Early projects are nearly as expensive as older renewable obligationsCarbon pricing: Artificially inflates gas costs through target-consistent pricing, making renewables appear cheaper than they arePolitical resistance to change: Energy Secretary Ed Miliband is criticized for ignoring evidence and pursuing ideological policies that harm the economy6. Alternative Energy Solutions Being IgnoredWe note that other countries are pursuing pragmatic energy strategies:China & Japan: Restarting coal plants and building nuclear capacityGermany: Ironically flooding coal mines after closing nuclear plantsUS shale gas: Provides cheap, abundant energy that the UK refuses to developNuclear power: Presented as the only reliable, carbon-free solution that can support AI data centers and grid stability7. Economic & Political ...
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    40 分
  • Iran War has Brought The Energy Crisis to the Center Stage. We also cover the Energy Transition, Exxon and Chevron Earnings.

    Iran War has Brought The Energy Crisis to the Center Stage. We also cover the Energy Transition, Exxon and Chevron Earnings.
    2026/05/01
    We cover 9 huge energy stories from around the world. We also go into the ExxonMobil and Chevron Earnings in the finance section. 1. Global Energy Crisis & Iran War ImpactThe Podcast opens with the Iran war creating a severe global energy crisis. Key impacts include:Europe lost 75% of fuel supplies, causing flight cancellations during peak tourismAsia down to 30 days of jet fuel; Pakistan implementing mandatory 4-day work weeksIndia restricting cremations due to gas shortages; Egypt imposing 9 PM curfewsBangladesh experiencing violent fuel shortages1 billion barrels of oil removed from the market, with strategic reserves only offsetting half the loss2. U.S. Energy Dominance & California's VulnerabilityAmerica positioned as the "world's emergency gas station" with ramped-up oil productionCalifornia facing a critical local energy crunch due to refinery closures (Phillips 66 LA, Valero Valencia reducing capacity by ~20%)Warning that tanker imports will dry up in weeks; urgent call for federal intervention to keep refineries operational3. Pipeline Infrastructure & Energy IndependenceKeystone XL Revival: Trump administration signing orders for the Bridger Pipeline Expansion (650 miles from Montana to Wyoming), leveraging existing infrastructureTrans-Caspian Pipeline: Turkey positioning itself as a geopolitical player in European energy independence from Russian gasEmphasis on energy security, starting at home, and energy dominance through exports4. Corporate Strategy: Oil Companies & VenezuelaChevron is maintaining its foothold in Venezuela while ExxonMobil and ConocoPhillips are re-entering after nearly two decadesVenezuela holds the world's largest proven oil reserves but with challenges in extraction5. Energy Transition Sustainability Crisis$10 trillion spent on wind, solar, and hydrogen, yielding only 3% additional energy globally225,000 turbines worldwide requiring decommissioning before 2050—creating a "replacement treadmill."Solar panels: 95% not recycled in the U.S., ending up in landfillsParis Climate Accord cost $26.8 trillion for $4.5 trillion in benefits—math doesn't add up6. U.S. Hydroelectricity CrisisWorst drought in 1,200 years threatens western power generationHoover Dam approaching "Deadpool" levels (below electricity generation capacity)Federal intervention with supplemental releases from Flaming Gorge Reservoir through 20277. Major Oil Company Earnings ReportsPhillips 66: Beat Q1 earnings by 88 cents per share; strong refining marginsChevron: Largest earnings beat since October 2020 ($1.41 vs. $0.92-0.97 expected); CEO emphasizes operational fundamentals over headline profitsExxonMobil: Resilient Q1 performance with $9.2 billion in shareholder distributionsCheniere Energy (LNG): Strong position to sell all production at premium prices8. Geopolitical & Financial ImplicationsUAE leaving OPEC (producing 3.5M barrels/day), signaling shift from cartel to open marketDiscussion of U.S. financial control over Iraq and Venezuela's oil suppliesConcerns about silver market manipulation amid AI data center demandPaper vs. physical oil pricing divergence (physical trading at $140-160+ vs. paper at ~$101-108)Overall Theme: Podcast presents a complex picture of global energy instability driven by geopolitical conflict, infrastructure challenges, and the limitations of renewable energy transitions—positioning U.S. energy dominance as critical to global stability.Energy Security Starts at Home, but your Energy Dominance is displayed through your Exports. The United States is Energy Independent, with the Exception of California. California is Energy Dependent. 1.Iran War Has Brought Energy Crisis to the Global Stage2.Suddenly Chevron is the smart one in the room with ExxonMobil and ConocoPhillips looking at Venezuela3.President Trump Signs New Order for Canadian Oil Pipeline to Revive Part of Canceled Keystone XL Pipeline4.Trans-Caspian Pipeline May Be a New Geopolitical Influencer5.The Energy Transition Replacement Treadmill is Unsustainable6.US Hydroelectricity in Crisis: The Worst Drought in 1,200 Years Threatens Western Power Generation7.Phillips 66 Beats Q1 Estimates by $.88 Per Share as Refining Margins Surge8.Chevron Reports Strong Q1 2026 Earnings Beat Amid Geopolitical Volatility and Temporary Hedging Charges9.ExxonMobil Delivers Resilient Q1 2026 Earnings Amid Geopolitical Headwinds, Signaling Strength for Investors and Energy Market StabilityCheck out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/
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    31 分
  • Assemblyman Stan Ellis and Mike Ariza Stop by and Talk about California on Empty

    Assemblyman Stan Ellis and Mike Ariza Stop by and Talk about California on Empty
    2026/04/30

    California State Assemblyman Stan Ellis and Mike Ariza stop by the Energy News Beat and the Energy Impacts Podcast with Stu Turley and David Blackmon to discuss the critical nature of the energy crisis facing California, which is about to unfold. Assemblyman Ellis, Mike, and Professor Mische have been working to help get the Federal Government involved to help out California consumers from this potential diesel, gasoline, and jet fuel crash.

    Hat tip to David Blackmon for carrying the podcast as I had internet issues.

    1. California's Fuel Supply Crisis

    The episode centers on an impending fuel shortage in California caused by multiple factors:

    Refineries shutting down (Valero, Rodeo, Marathon, Phillips)

    Tanker shipments from Asia halted since mid-March

    Imports now account for 40%+ of California's fuel supply

    Only 3-7 days of fuel storage remaining (vs. Governor Newsom's claim of 30 days)

    Tankers from the Gulf take 25-45 days to reach California due to Panama Canal backups

    2. Political Dysfunction in California

    Assemblyman Stan Ellis criticizes:

    Inefficient time management in the state assembly (spending $40,000/hour on ceremonial resolutions)

    Partisan gridlock and ideological rigidity among Democratic leadership

    Lack of accountability and poor legislative prioritization

    The disconnect between politicians and real-world business operations

    3. California's Energy Policy Problems

    Key issues highlighted:

    CARB regulations: Reformulated fuel requirements (Carbob) limit fuel sources

    Cap and Trade: Billions diverted to high-speed rail instead of infrastructure or energy solutions

    Environmental lawsuits: Constant litigation blocking oil and gas development

    Renewable diesel conversion: Rodeo and Marathon refineries converted away from gasoline/jet fuel production, removing 350,000 barrels/day of capacity

    4. Short-term and Long-term Solutions

    Proposed remedies include:

    Immediate: Import non-Carbob gasoline from the Gulf; suspend Jones Act restrictions

    Medium-term: Executive orders to federalize oil and gas as a national security issue

    Long-term: Increase domestic drilling, restore refinery profitability, eliminate Cap and Trade, invest in alternative energy (fusion, nuclear, hydrogen)

    5. Geopolitical and Supply Chain Issues

    U.S. importing 30% of crude oil from the Middle East

    Indirect support of Russia through purchases of Indian fuel (which sources from Russia)

    Iran's strait closure affecting global oil production

    Other countries (Nevada, Arizona) dependent on California's fuel supply

    6. Economic and National Security Implications

    Oil and gas represent 8% of California's GDP; without it, the other 92% is unsustainable

    Military bases (42 in California) dependent on fuel supply

    Commercial aviation and trucking (grocery delivery) at risk

    Potential for widespread economic disruption if crisis occurs

    The overall tone is urgent and critical of California's environmental policies. Things have to change quickly to avoid the crisis.

    Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/

    Check out the Energy Impacts at https://blackmon.substack.com/

    A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.

    Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energy

    And we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/
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    33 分
  • With Brent Oil at $105 is $90 to $95 the new Floor for WTI?

    With Brent Oil at $105 is $90 to $95 the new Floor for WTI?
    2026/04/23
    It is a wild day on the News Desk, and we saw Brent hit $105, and the market tanked. This is not going to be over very quickly, as there is a lot to unwind in the oil and gas markets and supply chains. We are seeing new proposed pipelines, and Energy Security is really taking front and center stage around the world. 1. Oil and Energy Market DynamicsThe Podcast extensively covers how global oil markets are being affected by geopolitical tensions, particularly disruptions in the Middle East and the Strait of Hormuz. There's discussion about establishing a new baseline for oil prices (around $90-$95 range) and the risk of demand destruction if prices remain elevated. The speaker also analyzes the disconnect between how oil/gas companies are performing versus refineries in the current market environment.2. Energy Security and Self-RelianceA significant focus is placed on countries building domestic refining and drilling capabilities to reduce dependence on imports. The transcript highlights U.S. efforts to increase energy independence and export capabilities, with specific examples like the Golden Pass LNG facility and Japan's JAPEX expanding into the U.S. oil and gas market.3. Geopolitical DevelopmentsThe discussion addresses potential permanent disruptions to Middle Eastern oil supplies and their global market impact. There's also mention of U.S. government efforts to re-engage with Venezuela to boost oil production and exports.4. Regulatory and Policy ChangesThe podcast covers bipartisan efforts in Pennsylvania to maintain coal-fired power plants despite the broader shift toward natural gas and renewables. California's refinery issues and the Jones Act's impact on U.S. energy supply and pricing are also discussed.5. Stock Market and Investment AnalysisStu provides insights on the performance of various energy-related stocks, including oil and gas companies, refiners, and LNG players, identifying potential investment opportunities and risks in the current market.1.Is $90 to $95 Oil Is the New Baseline for 20262.When the Paper Price of Oil Catches Up with the Physical Price of Delivered Oil, It Will Be a Violent Swing UP3.Energy Security Starts at Home: More Countries Are Building Refineries and Drilling Programs4.Oil Disruption of the Strait of Hormuz May Be More Permanent Than a Few Weeks5.Golden Pass LNG: QatarEnergy/ExxonMobil Joint Venture in Sabine Pass Makes First Shipment6.Japan’s Japex to Expand Oil and Gas Production, Including in the U.S.7.Two Clean Coal Plants in Pennsylvania Are Staying Open Thanks to Trump and Shapiro8.US Oil Executives Meet Venezuela President and What Does This Mean for Investors and Consumers?9.California is Within Weeks of a ShutdownCheck out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/
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    31 分
  • Goldman Sachs says Higher for Longer Is the New Reality - We add that it's not just oil - it is gas, diesel, jet fuel and everything else.

    Goldman Sachs says Higher for Longer Is the New Reality - We add that it's not just oil - it is gas, diesel, jet fuel and everything else.
    2026/04/26

    On the Energy News Beat Stand Up, we are covering 9 big stories, and they all have a huge impact on the markets, consumers, and investors.

    Goldman Sachs validated what we had been writing about, and we also brought up the other downstream products that look to be approaching a critical supply chain breaking point. In California, that is about 3 weeks, and in the EU, it is sooner. They use a lot more imported jet fuel and diesel.

    1. Oil and Energy Market Outlook

    The discussion centers on Goldman Sachs' "higher for longer" forecast, suggesting sustained elevated prices for oil, gas, diesel, jet fuel, and gasoline. A key concern is the supply shock in the global petrochemical feedstock market caused by disruptions in the Strait of Hormuz, which could trigger demand destruction and potentially lead to a global recession.

    2. US Energy Exports

    The podcast highlights record-high US exports of crude oil, refined petroleum products, and petrochemical materials. There's emphasis on the strategic importance of "energy dominance" and energy security through maintaining strong export capabilities.

    3. California's Energy Crisis

    A significant portion addresses California's energy challenges, specifically:

    • Refinery closures reducing local production capacity
    • Growing reliance on imports driving up fuel prices
    • Calls for federal intervention to resolve the situation
    4. Geothermal Energy Development

    The discussion explores geothermal energy as a potential solution, with estimates of 150 GW of untapped geothermal capacity in the US. However, regulatory barriers and the need for government support are identified as key obstacles to development.

    5. Energy Sector Investment Analysis

    The podcast includes technical and fundamental analysis of energy stocks, examining companies like Crescent Energy and Baker Hughes, along with stock valuations and investment opportunities in the energy sector.

    1.Goldman Sachs: ‘Higher for Longer’ Is the New Reality

    2.The Global PetroChemical Feedstocks Shock is Unfolding

    3.Demand Destruction is on the Horizon with a Billion-Barrel Hormuz Oil Shock About to Send Prices Up

    4.US Energy Exports Hit Records as Energy Markets Shift

    5.U.S. Gasoline Remains a Bargain Compared to Europe – and California

    6.Energy Security Starts at Home, and Your Energy Dominance Is Exhibited Through Your Exports – How is the U.S. Shipbuilding rolling out?

    7.Geothermal Breakthrough Looks to Break Open 150 Gigawatt Energy Revolution – If State and Federal Regulators Can Get Out of the Way

    8.Crescent Energy (CRGY) Valuation Post Earnings and Expectations

    9.Baker Hughes Q1 Revenue Beats Estimates by $260 Million as LNG Order Surge

    Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/

    A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.

    Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energy

    And we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/
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    30 分