About this episode
In this episode of Energy Newsbeat Daily Standup, Michael Tanner and Stuart Turley dive into Bill Gates’ surprising pivot on climate change, questioning his motives and the massive economic fallout from his past advocacy. They highlight Charles Payne’s sharp commentary, emerging cybersecurity threats from Chinese EVs, Illinois’ questionable battery storage bill, and Exxon's bold legal challenge against California’s climate laws. Also covered: Exxon’s Permian JV buyout, rig count drops, natural gas spikes, Venezuela tensions, OPEC+ production moves, and the strategic importance of Exxon’s Guyana asset. A fast-paced, hard-hitting roundup of energy news and political implications. 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 - Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets? 04:30 - Emerging Cybersecurity Threats: Chinese Manufacturers’ Control Over Electric Buses, Power Grids, and Phones 06:08 - Illinois Gov Pritzker to Approve Bill Calling for 3 GW of Battery Storage by 2030 – But How Much Will They Lower Electricity Prices Remains to Be Seen 09:45 - Exxon Buys Out Legacy Sinochem JV, Expands in Midland Basin 12:17 - ExxonMobil Sues California Over Climate Reporting Laws 17:10 Market Updates 20:10 - OPEC+ Agrees to a 137,000 b/d Increase for December Followed by a 3-Month Pause: What It Means for Oil Markets and Investor Outlook 22:05 - Chevron Reports Third Quarter 2025 Results 23:27 - Outro Links to articles discussed: Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets? Emerging Cybersecurity Threats: Chinese Manufacturers’ Control Over Electric Buses, Power Grids, and Phones Illinois Gov Pritzker to Approve Bill Calling for 3 GW of Battery Storage by 2030 – But How Much Will They Lower Electricity Prices Remains to Be Seen Exxon Buys Out Legacy Sinochem JV, Expands in Midland Basin ExxonMobil Sues California Over Climate Reporting Laws OPEC+ Agrees to a 137,000 b/d Increase for December Followed by a 3-Month Pause: What It Means for Oil Markets and Investor Outlook