Week Recap: Trump’s Coal Stance, AI's Billion-Dollar Bet, and Europe's Energy Gamble

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley highlight key developments: President Trump's Davos speech advocates coal as a critical backup for grid stability, countering rapid renewable transitions. They discuss Stargate, a $500 billion AI data center project in Texas backed by tech giants, raising concerns over its ambitious goals and ties to agencies. Europe's debate over U.S. LNG imports amid declining gas demand and price sensitivity is analyzed, alongside Halliburton's mixed Q4 earnings showing resilience despite a slight annual dip. Russian LNG exports to the EU hit record highs, underscoring persistent energy dependencies despite sanctions. The hosts also address Earth's finite resources, advocating nuclear energy as a sustainable solution while critiquing renewables and emphasizing pragmatic energy strategies. Highlights of the Podcast 00:00 - Intro 00:54 - Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA 02:49 - Stargate’s first data center is underway in Texas. Public filings show how much it will cost to build. 05:39 - Europe doesn’t need US gas, but might buy it anyway 09:41 - Halliburton Posts Quarter-on-Quarter Income Rise 11:48 - Russian LNG exports hit new record – Kpler 14:16 - Planet Earth’s natural resources are limited to its 8 billion residents 16:31 - Outro Please see the links below or articles that we discuss in the podcast. Trump Reignites Coal Industry at Davos – Make Coal Great Again MCGA Stargate’s first data center is underway in Texas. Public filings show how much it will cost to build. Trump Seizes Wartime Powers in Battle for More Fossil Fuels Halliburton Posts Quarter-on-Quarter Income Rise Russian LNG exports hit new record – Kpler Planet Earth’s natural resources are limited to its 8 billion residents FollowStuart 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 In 2024 – Get in Contact With The Show –