About this episode
In this episode of Energy Newsbeat Daily Standup, host Stuart Turleybreaks down Russia’s crude export slowdown amid Baltic drone strikes, the Fed’s 25-point rate cut and its ripple effects on oil and gas, and how natural gas is set to dominate energy mixes in the U.S., China, and India by 2050. Plus, he covers the surge in global oil and gas decline rates demanding trillions in reinvestment, and wraps with Chord Energy’s $5.5B acquisition of XTO assets in the Williston Basin. Buckle up for insights into energy security, LNG growth, and behind-the-meter opportunities in the AI-powered future. 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 00:16 - Fed cuts rates by 0.25% after flagging risks from softening labor market 02:20 - Russia’s Crude Exports Lose Momentum after Baltic Flows Targeted 04:15 - Natural Gas to Absolutely Dominate U.S., China and India’s Energy Mix by 2050 10:37 - Global Oil and Gas Field Decline Rates Are Increasing, IEA Says – Trillions of dollars needed just to meet decline curves. 14:07 - Chord Energy to acquire XTO Energy’s Williston Basin assets for $550m 14:55 - Outro Links to articles discussed: Fed cuts rates by 0.25% after flagging risks from softening labor market Russia’s Crude Exports Lose Momentum after Baltic Flows Targeted Natural Gas to Absolutely Dominate U.S., China and India’s Energy Mix by 2050 Global Oil and Gas Field Decline Rates Are Increasing, IEA Says – Trillions of dollars needed just to meet decline curves. Chord Energy to acquire XTO Energy’s Williston Basin assets for $550m