About this episode
In this episode of Energy Newsbeat Daily Standup, Stuart Turley covers escalating global energy tensions as the EU’s climate directives trigger backlash from major LNG suppliers like the U.S. and Qatar, warning of trade disruptions. He discusses possible sabotage at refineries in Hungary and Romania, critiques the costly ERCOT grid expansion in Texas, slams Gavin Newsom’s wildfire fund access law as corruption, and highlights how sanctions on Russian oil are backfiring. Turley also praises U.S. Energy Secretary Chris Wright for refilling the Strategic Petroleum Reserve and previews rising LNG trading volumes via aBAX Technologies. A jam-packed episode linking policy, energy, and geopolitics. 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 - EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats 02:23 - U.S. Energy Secretary and Qatari Energy Minister Send Letter to EU Regarding Proposed Corporate Climate Regulations 04:17 - Recent Attacks on Energy Infrastructure in Hungary and Romania – Who did it is a huge question 06:35 - The Permian Basin Reliability Plan will cost every customer in the ERCOT region. 10:22 - Gavin Newsom Signs Bill Allowing California Utility Companies to Draw Funding from State Wildfire Fund 12:40 - Russian Oil Keeps Flowing: “Sanctions Don’t Work as Intended”- Irina Slav 17:19 - The US Needs to Restock the Strategic Oil Reserve – This would save money and jobs in the long run. 19:09 - Abaxx Confirms Growing Trading Activity in its North Pacific-Asia and US Gulf of Mexico LNG Futures 20:47 - Outro Links to articles discussed: EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats U.S. Energy Secretary and Qatari Energy Minister Send Letter to EU Regarding Proposed Corporate Climate Regulations Recent Attacks on Energy Infrastructure in Hungary and Romania – Who did it is a huge question The Permian Basin Reliability Plan will cost every customer in the ERCOT region. Gavin Newsom Signs Bill Allowing California Utility Companies to Draw Funding from State Wildfire Fund Russian Oil Keeps Flowing: “Sanctions Don’t Work as Intended”- Irina Slav The US Needs to Restock the Strategic Oil Reserve – This would save money and jobs in the long run. Abaxx Confirms Growing Trading Activity in its North Pacific-Asia and US Gulf of Mexico LNG Futures