About this episode
In this episode of Energy Newsbeat Daily Standup, Michael Tanner and Stu Turley break down Jerome Powell’s latest Fed comments and what they mean for oil and gas investors. They explore the continued surge in U.S. LNG exports, shifting gas dynamics in the Permian, and how natural gas is reshaping investment strategies. The team also discusses the ripple effects of Trump’s sanctions on India and the potential threat to the U.S. dollar. Plus, they cover ERCOT’s record-breaking project cancellations, a major federal halt to Ørsted’s Rhode Island wind farm, and a closer look at the rumored Crescent-Vital Energy merger. Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn: https://www.linkedin.com/in/stuturley/ and Twitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and Twitter: https://twitter.com/mtanner_1 Timestamps: 00:00 - Intro 00:13 - What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? 03:51 - Surging US LNG Exports Fuel Growth in US Shale 08:23 - President Trump’s Tariffs and Sanctions on India Will Do More Damage to the U.S. Dollar in a Boomerang 10:59 - ERCOT Project Cancellations Reached a Record in Q2 2025, and What is Next? 13:31 - US Orders Ørsted to Halt Rhode Island Wind Farm Construction 19:16 - Markets Update 20:53 - US Rig Count Falls as Drillers Play it Safe 21:11 - Frac Count Update 21:27 - Crescent Energy nears deal for US shale peer Vital Energy, sources say 25:04 - Outro Links to articles discussed: What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? Surging US LNG Exports Fuel Growth in US Shale President Trump’s Tariffs and Sanctions on India Will Do More Damage to the U.S. Dollar in a Boomerang ERCOT Project Cancellations Reached a Record in Q2 2025, and What is Next? US Orders Ørsted to Halt Rhode Island Wind Farm Construction US Rig Count Falls as Drillers Play it Safe Crescent Energy nears deal for US shale peer Vital Energy, sources say