About this episode
In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, hosts Stuart Turley and Michael Tanner discuss escalating tensions between Israel and Iran, as Israel targets Iran's South Pars gas field, causing significant casualties and disrupting LNG exports. Oil prices show volatility, falling below $70 after an initial spike, underscoring the uncertainty of geopolitical risks. Meanwhile, hybrid car sales rise as EV growth slows, with experts predicting hybrids could outlast EVs. The U.S. is making strides toward rare earth mineral independence, easing regulatory barriers to boost domestic production and reduce reliance on China. Additionally, changes to wind and solar subsidies are being debated in the Senate, potentially impacting the future of the renewable energy sector. Highlights of the Podcast 00:00 - Intro 00:13 - Israel Targets Iran’s South Pars Gas Field in Escalating Airstrikes, Iran Retaliates 02:21 - Automakers Pivot to Hybrids as EV Sales Lag Behind Expectations – Will the EV market bifurcate into Tesla vs. all the other hybrid manufacturers? 04:48 - Rystad: Oil Prices To Remain Below $80 Despite Escalating Middle East Tensions 06:58 - TotalEnergies expands in Malaysia with Petronas deal 09:23 - How the Israel-Iran Crisis Is Swiftly Becoming Taiwan’s National Security Crisis 12:02 - China’s Death Grip on Rare Earth Minerals: Regulatory Hurdles, U.S. Processing Efforts, Trump Administration Gains, and Investor Opportunities 16:30 - The Senate Caves on IRA Wind and Solar Subsidies – David Blackmon 20:08 - Outro Please see the links below or articles that we discuss in the podcast. Israel Targets Iran’s South Pars Gas Field in Escalating Airstrikes, Iran Retaliates Automakers Pivot to Hybrids as EV Sales Lag Behind Expectations – Will the EV market bifurcate into Tesla vs. all the other hybrid manufacturers? Rystad: Oil Prices To Remain Below $80 Despite Escalating Middle East Tensions TotalEnergies expands in Malaysia with Petronas deal How the Israel-Iran Crisis Is Swiftly Becoming Taiwan’s National Security Crisis China’s Death Grip on Rare Earth Minerals: Regulatory Hurdles, U.S. Processing Efforts, Trump Administration Gains, and Investor Opportunities The Senate Caves on IRA Wind and Solar Subsidies – David Blackmon 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 –