In this episode of the Energy Newsbeat Daily Standup, Stuart Turley and Michael Tanner discuss President Trump's potential to take control of California’s oil refineries to prevent a national security crisis amid closures threatening 17% of the state’s refining capacity. They explore the political fallout and the need for increased Alaskan oil production, followed by the opening of the first U.S. rare earth mine in 70 years. They also critique Europe's energy policy, including its costly shift away from Russian gas. The hosts provide insights on U.S. oil and gas market trends, including rising oil prices, declining rig counts, and the global impact of sanctions on Russia.
Highlights of the Podcast
00:00 - Intro
00:15 - Can President Trump Take Control of the California Refineries to Stop a National Security Crisis?
03:50 - Trump’s Push for New Oil and Gas Leases on Federal Lands: Implications for Investors, the U.S. Economy, and Alaska
06:02 - First U.S. Rare Earth Mine in 70 Years Opens with Chris Wright On Site: A Game-Changer for Investors and Mining Technology
07:46 - Europe Says They Won’t Need Russian Gas in the Future, But Do They?
13:18 - Markets Update
18:31 - United States Oil Rigs Continue Downward Trend Amid Price Uncertainty
19:01 - Frac Count Update
20:03 - Outro
Please see the links below or articles that we discuss in the podcast.
Can President Trump Take Control of the California Refineries to Stop a National Security Crisis?
Europe Says They Won’t Need Russian Gas in the Future, But Do They?
United States Oil Rigs Continue Downward Trend Amid Price Uncertainty
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