In this episode of the Energy News Beat Daily Standup, Michael Tanner and Stuart Turley discuss major developments impacting energy markets, notably Trump's "Big Beautiful Bill," potentially ending the Green New Deal by eliminating renewable energy subsidies. They highlight how green policies drive the UK's auto industry decline, manufactured gas and diesel crises in California under Newsom's leadership, and China's economic struggles exposed by tariffs. Germany continues resisting Nord Stream revival despite energy shortages, and Canada's trade tensions rise over tariffs. They also briefly analyze rig counts, oil inventories, and geopolitical influences on market fundamentals.
Highlights of the Podcast
00:00 - Intro
01:31 - Big Beautiful Bill May Still Yet End the Green New Deal
04:55 - UK Car Output Hits 76-Year Low: Green Energy Policies, Not Just Trump Tariffs, Drive Deindustrialization
07:56 - California is a U.S. National Security Risk, and the Gas and Diesel Crisis Was Manufactured
12:01 - What Is the Real Story of the Chinese Economy?
14:12 - Germany Doubles Down on Blocking Nord Stream Revival: Choosing Deindustrialization Over Affordable Energy?
15:15 - All trade with Canada on notice for tariffs. What does this mean for oil, electricity and agriculture?
19:14 - Markets Updates
21:56 - Weekly Rig Count Down, But Oil and Gas Are Not Out
23:28 - Frac Count Update
24:46 - Outro
Please see the links below or articles that we discuss in the podcast.
Big Beautiful Bill May Still Yet End the Green New Deal
California is a U.S. National Security Risk, and the Gas and Diesel Crisis Was Manufactured
What Is the Real Story of the Chinese Economy?
Weekly Rig Count Down, But Oil and Gas Are Not Out
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