Phil Flynn - Energy Market Analyst with Price Futures Group Joins Houston's Morning News

Episode Transcript

Speaker 1 (00:00):
Okay, So, among President Trump's top priorities when he takes
office January twentieth, was as mentioned, border security and deportation.
But the other one was a massive expansion of American
energy getting away from the nonsense that the Biden administration
had done with the declared war on fossil fuels.

Speaker 2 (00:18):
President Trump is ready to.

Speaker 1 (00:22):
Impose basically a massive construction project in look at liquid
natural gas that is of course going to affect Texas
in a big way. Joining us now to analyze that market.
Analyst with the Price Futures Group, Phil Flynn, Phil, good morning.

Speaker 3 (00:35):
Good morning, Bob. It's great to be here, and we're
trying to make American energy great again.

Speaker 2 (00:41):
Right, that's the plan.

Speaker 1 (00:43):
That's exactly what President Trump ran on, or one of
the biggest things that he ran on, and it got
him an extraordinary number of votes, including a popular vote,
because Americans are sick and tired of the alternative fuel
in the face of all of the climate nonsense they
want and what we had for the first four years
of the Trump presidency, which is, you know, becoming a
net exporter of energy for the first time in American history,

(01:05):
and it's time to return to that tell us about
the liquid natural gas push.

Speaker 3 (01:10):
Well, you know, I'll tell you what. The Biden administration
paused approvals for LNG exports from the United States mainly
because a blogger you know, got on his back and
he was trying to win favor, you know, with with
some small segment of society. But at the same time,
lookified natural gas is going to be one of the

(01:32):
best tools we have to fight carbon emissions because, let's
face it, today, despite all the millions and trillions of
dollars that have been spent on alternative energies, we're burning
more coal than ever, We're putting up more carbon emissions
than ever, and it's been a failure. And one of
the best ways to do that is liquefied natural gas.

(01:53):
And the US is the biggest exporter today and they
could dominate the world when it comes to liquefied natural
as in the future.

Speaker 2 (02:01):
Yeah, well, there's no question.

Speaker 1 (02:03):
And uh, you know, it's funny because the left and
the Biden administration, which is so concerned about the burning
of of of so much coal and so on and
so forth. In terms of the uh, you know, the
carbon footprint, the massive push for electricity by necessity means
that we're going to burn more coal, because how does
electricity how do these electric plants get powered by coal? Uh?

(02:25):
And bylucid natural gas as well. So it's kind of
funny that they want to declare this war on fossil
fuels while saying, by the way, we're going to need
a whole heck of a lot more of those fossil fuels.

Speaker 3 (02:36):
Bobby, You're absolutely right. And you know, the thing is
is that when you look at the Biden administration, they
have this aspirational energy policy that isn't based in reality.
His entire administration doesn't live in reality. They live in
some kind of crazy world. But I'll tell you this,
the economy of the future is going to be powered

(02:56):
by electricity. Okay, we have artificial and collogens, that's the
economy of the future. We have these data centers that
take tremendous amounts of power. That's the energy of the future.
And we're not going to power that, you know, with
wind and solar and alternative energies. You know, despite how
much money you throw at it. You know, even if

(03:17):
every car in America, you know, became electric tomorrow, we
wouldn't have the infrastructure to support it. So it's it's
just been crazy, Bob, as you know.

Speaker 2 (03:26):
Yeah, no, you're a hundred cent right.

Speaker 1 (03:27):
I mean, the electrical grid can't even handle you know,
Texas heat in the summer without you know, blackouts in
California as well, rolling blackouts and all of these different
things just because people are all flipping on the air
conditioners at the same time. Now, imagine everybody getting home
at four thirty in the afternoon and plugging in their cars.
There's no way that our uh, that our infrastructure, as
you say, the grids could even handle that much, which
is why we need to disperse the need for energy

(03:49):
into some of the other areas, including LNG.

Speaker 2 (03:51):
Right.

Speaker 3 (03:52):
It really is, you know, and it also comes and
gives us more energy security, Bob, because look what's going
on today in Russia. Russia's threatening the cutoff supplies to Europe.
You know, they're having pipeline disputes with Ukraine, and they
could leave Europe in the dark. Right, And the reason

(04:13):
is it's that years of silly energy policies in Europe
allowed them to be held hostage you know by you know,
other countries. Here in the United States, we've kind of
learned that we can't be held hostage. Opeck, that's why
we became a major energy producer, right, you know, and
why throw all of that away. It doesn't make any sense.

(04:34):
So you know, President Trump isn't saying anything grand or glorious.
He's talking common sense and that's what we need in
the energy space.

Speaker 2 (04:44):
Well, you're exactly right.

Speaker 1 (04:45):
And this pause on LNG projects that Biden had put
in place, obviously, is only going to lead to problems
if it were to be to remain. Obviously, President Trump
is going to flip that switch and get the flow
going once again of liquid natural gas out of the
United States. Phil Flynn, market analysts with Price Futures Group,
breaking it all down for us.

Speaker 2 (05:04):
Phil, thanks so much. We really appreciate that. Thanks Bot,
have a happy New Year and the same to you, Phil,