About this episode
In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley discusses key energy industry updates on the Energy Newsbeat podcast, covering Norway's $1.5 billion investment in offshore wind, rising WTI oil prices driven by geopolitical tensions, and a U.S. federal judge blocking an offshore lease sale over endangered rice’s whales. He also explores peak Permian production and challenges in the oil sector, U.S. natural gas consumption records, and the future of LNG exports. The podcast highlights the impact of weather patterns on energy demand and anticipates upcoming political and economic shifts. Highlights of the Podcast 00:00 - Intro 01:35 - Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion 03:08 - WTI Soars Nearly 3% on Trump’s Russia, Iran Threats 04:02 - US federal judge blocks offshore lease sale over impact on Rice’s whales 06:11 - Peak Permian Production – Is it near or is it past already? 09:02 - U.S. natural gas consumption set new winter and summer monthly records in 2024 10:47 - Outro Please see the links below or articles that we discuss in the podcast. Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion WTI Soars Nearly 3% on Trump’s Russia, Iran Threats US federal judge blocks offshore lease sale over impact on Rice’s whales Peak Permian Production – Is it near or is it past already? U.S. natural gas consumption set new winter and summer monthly records in 2024 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 –