About this episode
In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley delved into several critical energy stories. They discussed the shift in U.S. shale strategy, where capital discipline is taking precedence over growth, despite Trump’s pro-growth rhetoric. They also covered the cancellation of a $300 million offshore wind project at Brayden Point, signaling mounting hurdles for the industry. The hosts examined the ripple effects of Russian oil sanctions, as China and India continue to dominate Russian crude imports amid rising supply disruptions. Other topics included Janet Yellen’s extraordinary measures to avoid hitting the debt ceiling post-Trump inauguration and Hungary's concerns over Ukraine's pipeline shutdown, which is exacerbating Europe's energy crisis. The episode concluded with a market update, including trends in crude oil and natural gas prices, and insights into a successful offshore drilling project by Talos Energy. Highlights of the Podcast 00:00 - Intro 01:24 - U.S. Shale’s Capital Discipline Outweighs Trump’s Pro-Growth Rhetoric 05:06 - Days before Trump takes office, Brayton Point loses $300 million offshore wind cable plant development project 07:06 - China and India Scramble for Crude as Sanctioned Russian Tankers Turn Back 10:02 - US Treasury to take ‘extraordinary measures’ after Trump inauguration 11:02 - Ukraine threatening new European energy crisis – Orban 14:50 - Markets Update 15:44 - Oil prices dip but post 4th straight weekly gain on US sanctions 17:58 - Talos Energy Announces Successful Drilling Results at the Katmai West #2 Well in the U.S. Gulf of Mexico 20:18 - Outro Please see the links below or articles that we discuss in the podcast. U.S. Shale’s Capital Discipline Outweighs Trump’s Pro-Growth Rhetoric Days before Trump takes office, Brayton Point loses $300 million offshore wind cable plant development project China and India Scramble for Crude as Sanctioned Russian Tankers Turn Back US Treasury to take ‘extraordinary measures’ after Trump inauguration Ukraine threatening new European energy crisis – Orban Oil prices dip but post 4th straight weekly gain on US sanctions Talos Energy Announces Successful Drilling Results at the Katmai West #2 Well in the U.S. Gulf of Mexico Follow Stuart On LinkedIn and Twitter Follow Michael On LinkedIn and Twitter ENB Top News Energy Dashboard ENB Podcast ENB Substack ENB Trading Desk Oil & Gas Investing – Get in Contact With The Show –