About this episode
Make no mistake, Doomberg is a national treasure. I have thoroughly enjoyed my podcasts with him, and his Substack is worth every penny. The last time Doomberg was on the podcast, we had Chris Wright, our new Secretary of Energy, on the panel. This podcast is also going out on David Blackmon’s Substack and podcast channels, and he had some fantastic points and questions for Doomberg. Thank you both for your energy, leadership, and your time – Stu Check out Doomberg on his Substack at https://newsletter.doomberg.com/ Check out the transcript on our Substack here: https://theenergynewsbeat.substack.com/p/doomberg-on-the-oil-and-gas-markets Highlights of the Podcast 00:00 – Introduction 03:00 – California’s Refining Crisis 08:30 – California Politics & Oil 13:20 – Trump’s Energy Team 17:40 – OPEC’s Decline & Co-Product Economics 23:00 – Oil Price Volatility & Strategy 26:30 – NGLs & Changing Energy Definitions 33:00 – Permian, Consolidation & Costs 36:00 – Breakevens and Co-Product Economics 39:00 – LNG, Natural Gas, and Arbitrage 45:00 – LNG Tankers, Jones Act, and Energy Exports 49:00 – $50 Oil as Geopolitical Strategy 53:00 – Russia, NATO & War Risks 57:00 – Canada, Trump, and Final Thoughts