In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stu Turley and Michael Tanner dive into Oklo’s $168B nuclear fuel recycling milestone, Scott Bessent’s explosive critique of the Federal Reserve, and the geopolitical oil chessboard as OPEC+ eyes an October production increase. They also unpack California’s failed refinery bailout, widespread oil & gas job cuts, and the 71% plunge in exploration capex. From Tennessee to Tehran, the duo challenges media narratives on “oil gluts,” inflation, and energy policy hypocrisy—all with charts, laughs, and hard-hitting analysis.
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https://www.linkedin.com/in/stuturley/ and
Twitter: https://twitter.com/STUARTTURLEY16
Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and
Twitter: https://twitter.com/mtanner_1
Timestamps:
Highlights of the Podcast
00:00 - Intro
00:12 - Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility
02:19 - Treasury Secretary Bessent Says Fed ‘Must Change Course,’ Demands an Entire Review
07:59 - OPEC+ Agrees in Principle to Increase Production in October
13:33 - California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown
17:04 - Job Cuts Rock Global Oil and Gas Sector
23:22 - Peak Oil Production? Oil Majors’ Exploration Capital Tumbled Since 2013
28:46 - Outro
Links to articles discussed:
Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility
Treasury Secretary Bessent Says Fed ‘Must Change Course,’ Demands an Entire Review
OPEC+ Agrees in Principle to Increase Production in October
California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown
Job Cuts Rock Global Oil and Gas Sector
Peak Oil Production? Oil Majors’ Exploration Capital Tumbled Since 2013
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