POPULARITY
Join John Solomon as he delves into the intricate relationship between the United States and Canada, and engages with key figures, including U.S. Ambassador to Canada Pete Hoekstra and Tim Stewart from the U.S. Oil and Gas Association, discussing energy needs, trade relations, and the potential for Alberta's independence. The episode also addresses the tragic anti-Semitic violence that has recently occurred, featuring thoughts from Bryan Leib on declaring a national emergency against anti-Semitism.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
On today's episode of the podcast, Tim Stewart, who serves in the role of President of the U.S. Oil and Gas Association, joined Amanda Head to talk about the golden era for oil and gas innovation taking place under the leadership of President Trump and his cabinet, like Energy Secretary Chris Wright and Interior Secretary Doug Burgum. Stewart is quite candid when it comes to the short term impacts of the tariffs President Trump recently announced in the Rose Garden on April 2, and he dives into the importance of approving permits and deregulating offshore liquified natural gas (LNG) facilities. You can keep up with the great work of Tim Stewart and his association by following them on X (formerly Twitter) and searching for their handle: @US_OGASee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on The Autonomy Economy podcast to discuss the current state the U.S. economy and the global oil and natural gas markets.Consumer debt in the U.S. is rising and that could have potential impacts on GDP. While the economic picture in the U.S. is uncertain at the moment, global oil demand is projected to reach 104.1 million barrels per day this year. Demand is partly being driven by emerging markets. Then there is Texas, which continues to export oil to the world, while having a $720 billion impact on GDP. Texas is not just an oil state anymore, even though 30% of the state's private sector is employed by the oil and natural gas industry, it is now becoming a high-tech state as it has begun to integrate AI, automation and autonomy into the sector's operations. Recorded on Monday, February 24, 2025Episode Chapters0:00 Health of the U.S. Consumer 5:57 Liquid Natural Gas Market 11:00 Data Centers15:32 European Gas18:51 U.S. Oil Imports 24:45 Heavy Crude26:53 Growing Global Oil Demand & Geopolitics 29:50 Permian Basin 33:34 Impact of the Oil & Natural Gas Industry on Texas' Economy35:29 Quarterly Outlook--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™.Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/autonomy-economy/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
John Solomon discusses the latest developments in American politics, focusing on President Trump's recent executive actions and their implications. Congressman Tom Tiffany discusses the importance of accurate language in discussing illegal immigration and the ongoing efforts to enforce immigration laws. Later, Tim Stewart, President of the U.S. Oil and Gas Association joins and delves into the impact of recent regulatory changes, the importance of permitting reform, and the innovations within the energy sector that are paving the way for a more sustainable future. Finally, Jennifer Sey, founder of XXXY Athletics, tackles the heated debate surrounding transgender participation in women's sports and the implications of recent executive orders on women's athletics.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Todd Staples is the president of the Texas Oil and Gas Association and previously served as the Texas Agriculture Commissioner, as well as a Texas State Senator and Representative. He joins the show to discuss the record breaking amount of tax revenue the Oil and Gas industry brought to Texas in 2024, who benefits, the future of energy in Texas, and much more. https://www.txoga.org/
Do you know a gender diverse person in the construction industry? You may have seen my earlier LinkedIn post about the amazing Evelyn Lai, Site Engineer for Nacap, A Quanta Services Company. Evelyn participated in a recent leadership panel I facilitated at the Australian Pipelines and Gas Association annual conference and shared their experiences of being a gender diverse person in our industry. I immediately realized that this was a story I wanted to share more broadly with the construction industry. I really appreciate Evelyn taking the time to join the Greatness Podcast and candidly share their journey. Understanding how we create an industry where all people feel they belong is critical for our sustainability.
On this episode of the podcast, Tim Stewart, President of the U.S. Oil and Gas Association, delves into the political implications of current energy policies as the nation approaches the upcoming election. He critiques Vice President Kamala Harris' wavering stance on fracking and warns of the potential fallout from the energy strategies promoted by her and President Joe Biden.Additionally, Stewart highlights the critical role of natural gas in powering artificial intelligence and data centers, stressing the need for 300 gigawatts of new generation capacity—that's enough energy to power 248 million homes. He dives into the risks of dependency on China for critical minerals and the importance of ramping up domestic production. Stewart calls for a renewed focus on federal land leasing and permitting to ensure the future of the energy industry.You can keep up with Tim Stewart and all that is going on in the Oil and Gas industry by following their X: @US_OGA. You can also follow Amanda Head on all social media platforms including Rumble and Youtube by simply searching: Amanda Head.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on the Autonomy Economy podcast to discuss the growing demand for oil and how Texas energy exports could hit $230 billion by the end of the year. In Q3 2024, global oil demand reached a record of 103.4 million barrels per day. To keep up with the global demand for oil and in an effort to maintain marketshare, Saudi Arabia recently announced that the Kingdom will increase daily oil production by 1 million barrels at day to 9.9 million barrels per day by December 2025. While Saudi Arabia is increasing output, Texas continues to output millions of barrels of oil per day as well. As of July, Texas is currently outputting 5.7 million barrels per day of crude oil and 3.85 million barrels per day of natural gas liquids. As global oil demand continues to outstrip supply, Texas is working to close the gap by leveraging technology to bring new wells online. The oil and gas industry is thriving in Texas. So much so, that the industry paid $26.3 billion in state and local royalties and taxes in 2023.Episode Chapters0:00 Preparing for Hurricanes 2:35 Growing Oil Demand 11:33 Oil Markets & Interest Rates 14:34 International Longshoremen's Association Port Strike 19:42 Interest Rates and the Impact on Drilling 23:22 Increasing Productivity Through Automation 27:28 Oil & Natural Gas Industry's Impact on Texas' Economy 31:28 Growing Household Debt & Delinquencies 35:48 Strengthening Euro 37:42 Rising Oil Demand Continuing in 2025 40:21 Quarterly Oil OutlookRecorded on Friday, September 27, 2024--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™.Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/autonomy-economy/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Representative Greg Steube (R-FL) on January 6th bombshell report and why he wants the names of all the “Deep State actors” that asked Big Tech platforms to censor or remove the New York Post's 2020 exposé on Hunter Biden's laptop. “That's not what the FBI is supposed to be doing, that's not what our federal law enforcement officers are supposed to be doing, and that's absolutely what they're doing under Joe Biden and Kamala Harris,” he says. Additional interviews with ‘Undefeated' Coach Bill Courtney and ‘US Oil and Gas Association' President Tim Stewart.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
A popular cheese shop, bakery and cafe in Soldotna has changed hands, and the Alaska Oil and Gas Association is optimistic about the industry's future in the state.
Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on The Autonomy Economy podcast to discuss key trends and geopolitical issues that are impacting the global oil and natural gas markets. Today, there is record high global demand for oil and natural gas, driven by economic growth and increased consumption of petrochemicals. Despite efforts to transition to renewable energy, oil and gas remain critical to economic activity worldwide and without energy there is no form of economic activity. During the conversation, Grayson and Dean discuss several issues impacting the oil and natural gas markets including the geopolitical factors affecting energy markets, including the U.S. presidential election, potential conflicts in the Middle East, and shifting alliances in Europe. Dean emphasizes the importance of stable policies and international trade relationships for long-term energy investments.The conversation also covers the status of the U.S. Strategic Petroleum Reserve, which is at historically low levels. Dean expresses concern about the government's reluctance to replenish the reserve despite potential global instability.Regarding the U.S. economy, Dean notes high levels of consumer debt and its potential impact on spending and economic growth. Grayson and Dean go onto discuss the Federal Reserve's approach to interest rates and inflation and what impact interest rate cuts could have on the oil and natural gas markets.Throughout the podcast, Dean stresses the interdependence of energy markets, economic growth, and geopolitical stability. With regard to energy policy, Dean suggests a balanced approach that recognizes the ongoing importance of oil and gas while also addressing environmental concerns.Recorded on Tuesday, July 2, 2024Episode Chapters0:00 Fed Rate Cut Impact in the Oil & Natural Gas Markets4:39 Oil and Texas' Economy11:27 Exporting Natural Gas to Mexico13:18 Record Demand for Oil & Natural Gas17:29 Argentinean Shale Oil19:30 Impact of the U.S. Presidential Election on the Oil Markets20:48 EU Energy Policies24:20 Currencies Impact on the Oil Markets 27:41 Consumer Debt28:50 Strategic Petroleum Reserve (SPR)36:20 Hurricanes 38:51 Key Takeaways--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor's Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Mr. Shackouls is a past Chairman and current member of the National Petroleum Council and a member of the Executive Committee of the US Oil and Gas Association. He is a registered professional engineer in the State of Texas and a member of the Society of Petroleum Engineers. 00:00 Introduction to Bobby Shackouls 00:06 Bobby's Background and Career Journey 01:00 National Petroleum Council and Jennifer Granholm 02:40 Energy Policies and Industry Challenges 08:53 Environmental Impact and Misconceptions 26:30 Fracking and Technological Advances 29:09 Future of Energy and Industry Insights 37:47 Personal Anecdotes and Experiences 44:01 Conclusion and Final Thoughts ========= AI summaries of all of my podcasts: https://tomn.substack.com/p/podcast-summaries My Linktree: https://linktr.ee/tomanelson1 YouTube: https://www.youtube.com/playlist?list=PL89cj_OtPeenLkWMmdwcT8Dt0DGMb8RGR X: https://x.com/TomANelson Substack: https://tomn.substack.com/ About Tom: https://tomn.substack.com/about
In this episode of "American Potential," host Jeff Crank dives into a discussion with Mike Chadsey, Director of External Affairs for the Ohio Oil and Gas Association, exploring the vital role of the energy sector in Ohio's economy. Chadsey provides an insider's look into the industry's transformation, from its historical roots as a major oil producer to its current advancements in shale and natural gas. He highlights the significant impact of energy production on local employment and technological innovations, underlining Ohio's crucial position in the national energy landscape. Chadsey also tackles the current challenges facing the industry, including regulatory hurdles and the public perception of energy practices. With a focus on sustainable development and environmental stewardship, he argues for balanced energy policies that support both economic growth and ecological health. This episode sheds light on the interconnectedness of energy production with broader economic and environmental goals, promoting a deeper understanding of how responsible resource management can lead to prosperity and stability. Check out American Potential here: https://americanpotential.com Check out our Spanish episodes here: https://www.youtube.com/playlist?list=PL8wSZydeKZ6uOuFlT_1QQ53L7l6AmC83c Facebook: https://www.facebook.com/AmericanPotentialPodcast Instagram: https://www.instagram.com/americanpotentialpodcast/ X: https://twitter.com/AMPotentialPod
Oral Arguments for the Court of Appeals for the D.C. Circuit
Interstate Natural Gas Association of America v. PHMSA
Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on The Autonomy Economy podcast to discuss the pivotal role the oil and gas plays in the global economy. With a backdrop of geopolitical uncertainty, Dean provides an in-depth analysis of how geopolitical factors like the Russia-Ukraine war and tensions with Iran impact oil markets. He examines the increasing demand for natural gas, particularly from Asia and Texas' position as one of the leading producer and exporters of oil and gas.During the conversation, Dean and Grayson explore the implications of rising interest rates and inflation on the energy sector and the broader economy, including California's controversial electricity pricing based on household income. Additionally, Grayson and Dean discuss the U.S.'s growing national debt and how it could potentially impact the energy markets as there is an interdependence between economic growth and energy demand. This comprehensive conversation is a must-listen for anyone interested in understanding the intricate dynamics of the global energy landscape and it's profound influence on economic development.Recorded on Wednesday, April 10, 2024Episode Chapters0:11 The Impact of Geopolitics4:41 Monetary Policy Impact on Oil & Natural Gas Markets13:34 Growing Demand for Natural Gas19:24 California Energy Policy26:40 Oil & Gas Impact on the Global Economy34:02 Impact of the Growing U.S. Debt on the Economy 41:34 China Oil Imports 43:48 Things to Watch in the Oil Markets--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor's Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Grid reliability has always been top of mind for stakeholders across the grid, but the challenge of maintaining that reliable status has become even harder in recent years with massively growing demand and and evolving power sector landscape. Having recently published a white paper called "Grit for the Grid," President & CEO of the Southern Gas Association, Suzanne Ogle, has a lot of thoughts and some key perspectives to help address this problem. In her second appearance on the Energy Central Power Perspectives Podcast, Suzanne sheds light on the delicate balance between renewable energy adoption and grid reliability. With a keen focus on effective communication and strategic planning, Suzanne walks podcast host Jason Price and producer Matt Chester through the complexities of resource adequacy, spare margin, and the evolving role of natural gas in maintaining grid resilience. From advocating for fuel choice to navigating policy landscapes, Suzanne provides actionable strategies for utilities to navigate the path towards a sustainable, reliable, and cost-effective energy future. Listen in as this conversation delves into the crucial discussions shaping the energy transition and envision the future through Suzanne's insightful lens. Key Links: Energy Central Post with Full Episode Transcript: https://energycentral.com/o/energy-central/episode-162-grit-grid-and-prioritizing-reliability-suzanne-ogle-president-ceo Suzanne's first appearance on the podcast: https://energycentral.com/o/energy-central/episode-123-exploring-role-gas-decarbonization-journey-suzanne-ogle-president-and Suzanne Ogle's Energy Central Profile: https://energycentral.com/member/profile/suzanne-ogle/about Did you know? The Energy Central Power Perspectives Podcast has been identified as one of the industry's 'Top Energy Podcasts': blog.feedspot.com/energy_podcasts/
Special Guest - World Liquid Gas Association - Cinch Munson, Business Development Director. Cinch talks about the most important propane meeting in the last decade. The Innovation Summit brings together key industry leaders from the global LPG industry to consider strategies for advancing innovation in our industry. We will be bringing together nearly 200 industry leaders and innovators who are shaping the future of energy to discuss how we can adopt innovation in our organizations and move the industry forward. The event is co-hosted with the National Propane Gas Association and the Propane Education and Research Council. https://www.worldliquidgas.org/
AUSTIN – The Texas oil and natural gas industry paid $26.3 billion in state and local taxes and state royalties in fiscal year (FY) 2023 – the highest total in Texas history.This shattered last year's record by more than $1.5 billion. The information comes from newly released data from the Texas Oil & Gas Association.TXOGA President Todd Staples spoke about his group's Annual Energy & Economic Impact Report in a webinar on Jan. 30, 2023.He also spoke about the oil and gas industry's global energy leadership, environmental progress, and policy priorities.“American energy leadership starts in Texas and our nation, our economy and our world are better because of the unparalleled stewardship of Texas oil and natural gas companies,” Staples said. “2023 was such a blockbuster year that the Texas oil and natural gas industry effectively rewrote its record book, clocking unmatched economic and energy achievements across the board.”Staples said the record-breaking performance of the Texas oil and natural gas industry amounts to much more than phenomenal statistical achievements. “The natural resources, fuels and essential products produced here cement America's energy security, fortify Texas' Staples said.Here is an audio recoding of Staples' remarks on the webinar.To read the new stories and watch the news videos of the Rio Grande Guardian International News Service go to www.riograndeguardian.com.
Ben Broussard, Chief of External Affairs for Catholic Charities of Acadiana, joins us to discuss the nonprofit's mission. Since 1973, Catholic Charities has worked to provide essential services to the most vulnerable people in our community who experience hunger, homelessness and poverty. A separate nonprofit organization from the Diocese of Lafayette, many services are 100% donor funded and others are buttrosed through grants from government and private organizations. The organization has traditionally taken care of our most vulnerable neighbors through outreach efforts for disaster response, as well St. Joseph Diner, St. Joseph Shelter for Men, St. Michael Center for Veterans, the Stella Maris Center, and the Monsignor Sigur Center. In the past several years, other critical services have been added to Catholic Charities' umbrella of services including The Emily House in 2018, which offers an emergency shelter for homeless women and children. They have also added new responsibilities by taking over the Immigration Services and Deaf Action Center formerly run by the Diocese of Lafayette, as well as assuming management of FoodNet Food Bank and Rebuilding Together Acadiana. In 2019, Catholic Charities also became entrepreneurs by taking over ownership of Crossroads Catholic Bookstore, which is now known as Crossroads Collective. "I feel that all of us are called to do something for our neighbor who stands to suffer. It is easy to think about it during the cold weather or a disaster, but in someone's every day disaster or situational crisis, they also need help." The recent extreme cold snap in January 2024 has presented a challenge to the organization as our community's homeless population has risen dramatically. And then, the ancient heating system in St. Joseph's Diner broke on January 15, 2024, and needs to be entirely replaced. Day in and day out, Catholic Charities is here for our community. It's time for more of us to be there for them. A quick background on Ben Broussard: for eleven years, Ben previously worked as Chief of External Affairs for the Louisiana Oil & Gas Association with the late Don Briggs. His heart was always in sync with service to others, so when Kim Boudreaux, Executive Director of Catholic Charities, approached him to serve with her organization, Ben's temperament and ability to mobilize the troops when needed was a ready fit. Ben is an articulate and passionate spokesperson for Catholic Charities and is inclusive in his call for help in whatever way concerned community members feel they can step up. You do not need to be Catholic to be involved, nor do you need to be an active church-going member of any congregation. "The entirety of the 70501 zip code in Lafayette is a food desert. We have very vulnerable clientele come in and St. Joseph Diner is one thing they can bet on, that they can get a meal there. It is very much a very volunteer-centric operation with many volunteers coming in throughout the day." On any given day, Catholic Charities' St. Joseph Diner feeds 700 to 800 meals.....breakfast, lunch and dinner, seven days per week. On any given night, Catholic Charities also houses about 160 people, including men, women, children and Veterans. With the recent deep freeze, Lafayette Fire Chief Robert Benoit gave the OK for more people to be sheltered than would normally be allowed by law to accommodate the dire need for a warm space. Catholic Charities' permanent housing program has traditionally been an extremely successful tool to help our homeless population get back on their feet in a stable environment while dealing with the underlying causes that led to homelessness, such as addictions, mental illness, physical disabilities, etc. Before COVID, Lafayette's occupancy rates were at about 80% and Catholic Charities could work with landlords to negotiate affordable rates for their clients. Now, in the aftermath of Hurricanes Laura, Delta and Ida,
Have you ever experienced a man apologizing for an all-male panel at a conference? Five years ago while attending my first Australian Pipelines and Gas (APGA) Conference in Darwin I saw APGA CEO Steve Davies do just that. Steve was so proud of the fact that he had convinced many of the industry's top leaders to come to Darwin for a senior leader panel, and then it sank in - no woman. And Steve said that on stage - I'm embarrassed that there isn't a woman on this panel and we, as an industry, can do better.Steve's courageous statement created the spark for my work with APGA to develop the Women's Leadership Development Program modeled after a similar program at the American Gas Association. Our first cohort sold out in 24hrs, and as Steve says, ". . . women in the industry were crying out for something that was targeted at them and their experience in the industry." Our purpose - to retain women in the pipeline industry and provide them with the skills they need to continue to advance their careers.Seven cohorts and 175 women later the outcomes of the program make my heart sing. One participant told me that after 10 years of a stalled career she's had two promotions in two years, and 90% of the participants report an increase in confidence. Steve also comments in the podcast that the program has inspired member companies to pay more attention to and place greater value on inclusion.
Dean Foreman, Chief Economist, Texas Oil and Gas Association joined Grayson Brulte on The Road to Autonomy podcast to discuss his 2024 outlook for the oil & natural gas markets. The conversation begins with Dean sharing his outlook for the oil and natural gas markets.The outlook for oil and natural gas looks bright. – Dean ForemanLast year, the world set a new record high for oil demand of 101 million barrels per day. As we begin 2024, attention is now turning to geopolitics and global economic concerns. In Argentina, Javier Milei was sworn in as President on December 10th in a referendum on the economy with aspirations to rebuild the economy and lower inflation by unleashing economic growth. With economic and political reforms, Argentina has the ability to become an exporter of oil from the Vaca Muerta shale formation. It has been estimated that the Vaca Muerta formation has the ability to produce more than 1 million barrels of oil per day by 2030.Argentina because it has shale oil, the Vaca Muerta formation in Neuquén. It's like the Marcellus in the United States, expect it's much deeper and super high quality rock. They have the potential to really flip and become an exporter much like the United States. But they haven't had the business climate to be able to support from a macro perspective companies with predictability trusting to go in and invest a lot in the ground. – Dean ForemanIf the business climate changes, it will be interesting to watch and see what multi-national companies begin to invest in the Vaca Muerta formation. In the United States, economists are projecting a soft landing for the economy. If indeed a soft landing is achieved, more investments are going to be needed to bring the amounts of oil and natural gas to the market that are needed to sustain growth.A portion of economic growth can be attributed to tourism demand, as Bloomberg is reporting that 2024 will be a record-setting year for travel. The International Air Transport Association is projecting that 4.7 billion individuals globally will board planes in 2024, generating $964 billion in airfare revenue. The cruise ship industry is also seeing growth as it is estimated that 35.7 million passengers will board a cruise ship in 2024, up from 31.5 million in 2023. If the consumer trend of opting experiences over purchasing goods continues, there could be an uptick in global oil demand. With the Federal Funds Rate at 5.53%, one has to question how long consumers will continue to spend on travel until they feel the weight of the high interest rate environment. If consumers cut back on travel, what is the impact on oil and will diesel demand offset the potential weakness in gasoline? Grayson and Dean discuss the potential scenarios and what the outcome could look like. One of the biggest uncertainties coming into this year, from a household and a corporate perspective is the delayed impact of the pent up effect of having raised interest rates so much, so fast. – Dean ForemanAnother trend to watch is the re-emergence of hybrid sales in the U.S. In 2023, U.S. individuals purchased over 1 million hybrids, up 76% year-over-year. It's a clear signal that consumers are still willing to purchase vehicles that have an internal combustion engine. Whether this is being driven by a pricing decision or the simple fact that consumers want reliability and consistency has yet to be determined. What has been determined is that there is clearly a trend emerging. A tree that is powering Texas to produce 5.7 million barrels of oil per day, its highest level since 1981. In 2023, Texas accounted for 54.7% of U.S. drilling, it's highest level since 2019. In Q3 2023, the Permian Basin set a new production record of 10 million barrels per day of oil equivalent. Today, the Permian Basin accounts for 27% of the total U.S. oil and natural gas production. It has the ability to continue to expand, again because of the quality of resources as well as the ability to get pipelines without dealing with the morass of many of the federal energy regulatory commission, interstate pipeline regulations. With Texas' nimble intrastate pipeline system, it has the unique ability to attract capital and respond to upstream production. That's why the Permian Basin has really stood out versus anywhere else in the country. – Dean ForemanWrapping up the conversation, Dean shares his insights on what to watch in the oil and natural gas markets over the next quarter.Recorded on Thursday, January 4, 2024--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor's Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy podcast and This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
On this West Virginia Morning, the Oil and Gas Association of West Virginia held its winter meeting in Charleston last week. And, Senate Education Chair Sen. Amy Grady, R-Mason, and teacher Del. Jeff Stephens, R-Marshall, discuss education legislation. The post Recap Of Oil And Gas Association's Winter Meeting And Lawmakers Talk Education, This West Virginia Morning appeared first on West Virginia Public Broadcasting.
Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on The Road to Autonomy podcast to discuss the growing global demand for oil and its economic impact on the global economy. The conversation begins with Dean discussing the current state of the oil markets. It's a tight market and despite everything that has been going on we really have tightness to watch in terms of supply and demand and where that supply is going to come to meet that demand. – Dean ForemanThe growing demand for oil in the United States is coming from jet fuel, 1.8 million barrels per day and diesel fuel, 3.6 million barrels per day. With an additional 6 million barrels per day being refined for materials. With the growing demand for oil the United States is looking to increase volume by lifting sanctions on Venezuela. The demand for oil is not just limited to the United States, it's a global phenomenon.China is now the single largest importer of crude oil, over 13 million barrels per day. – Dean ForemanWith China being the single largest importer of crude oil, the country embraced electric vehicles to slow their dependence on foreign oil imports. A big part of the traditional push by China to get into electrification wasn't just to strategically control the value chain, it was to prevent, as their economy grew an unsustainable growth in their oil imports. – Dean ForemanU.S. Energy Information Administration is projecting demand of 103 million barrels per day in 2024, an increase of roughly 200,000 barrels per day year-over-year. Over the coming years, the United States will be the largest single source of growth of oil supply.We've seen record production this year, U.S. crude oil production for the first week of October struck 13.2 million barrels per day, that's a record high. Our previous high was in March 2020 of 13.1 [million]. – Dean ForemanThe growing demand for oil is good for the Texas economy. Texas, as of September is producing 5.9 million barrels of crude oil per day. For the first eight months of 2023, Texas has driven 43.2% of U.S. oil production, its highest since 1981. For the first seven months of 2023, Texas has exported $125 billion of oil, natural gas and derived products globally. Wrapping up the conversation, Dean shares his outlook on the oil markets for the next quarter. Recorded on Thursday, October 19, 2023--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles and logistics. The company has three businesses: The Road to Autonomy Indices, with Standard and Poor's Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy Podcast and The Road to Autonomy's This Week In The Index; and The Road to Autonomy Research and Consulting Services.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
If you want to know what's happening in the nation's capital related to energy and climate policy, no one has their finger more firmly on the pulse than Tim Stewart, President of the U.S. Oil & Gas Assocation, the nation's longest-standing oil and gas trade group. Tim has been generous enough to agree to record monthly updates with The Energy Question, starting with this Episode 75.In this episode, recorded one year before Election Day 2024, David and Tim talk about new Speaker Mike Johnson of Louisiana and the impacts he could have on energy policy, the importance of returning to regular order in the budgeting process, election dynamics leading into 2024 and how the industry is dealing with all the negative impacts of the Biden regulatory agenda. Enjoy.Follow USOGA on Twitter/X at "@US_OGA" USOGA Home Page: www.usoga.orgSponsorships are available or get your own corporate brand produced by Sandstone Media. David Blackmon LinkedInDB Energy Questions Energy Transition Absurdities SubstackThe Crude Truth with Rey TrevinoRey Trevino LinkedInEnergy Transition Weekly ConversationIrina Slav LinkedInArmando Cavanha LinkedIn ENB Top NewsENBEnergy DashboardENB PodcastENB Substack
In an ideal end state, Colorado's energy would be affordable, reliable, and leave the smallest possible environmental footprint. To achieve this, energy would be appreciated as a central force that enables progress—rather than being viewed by legislators and policymakers as a necessary evil. Consumers would be empowered with choices that reflect their means, values, and circumstances. While we understand that both state and national energy objectives will continue to prioritize lowering the greenhouse gas (GHG) footprint of energy, in an ideal state, decarbonization would be one among many balanced tradeoffs. In this ideal state, Colorado leaders would make economic development a central consideration of energy policy. After all, this would position Colorado to sustainably reduce GHG emissions with public support, while attracting the businesses, workers, students, innovators, and partners required to undertake the massive task of evolving the energy system. You can read more about this issue from our full report, found on our website. Guest host and CSI Colorado Executive Director Kelly Caufield welcomes the report's authors, Tisha Schuller and Doug Benevento to the show to discuss its findings, its recommendations, and to discuss an ideal path forward. The conversation covers innovation, decarbonization, permitting, electrification and much more. Colorado can lead in a multitude of energy issues, but it will take fortitude, creativity, and collaboration. Thank you for listening to Common Sense Digest. Please rate, review, and subscribe on your favorite podcatcher. All of our podcasts can be found here. Tisha Schuller is a 2023 Terry J. Stevinson Fellow. She founded Adamantine Energy to provide thought leadership to energy companies to translate sustainability and decarbonization aspiration into action. Tisha advises private clients from Fortune 100 energy companies to non-profit environmental organizations in matters including ESG and decarbonization strategies, managing disruption, energy policy, environmental justice, and stakeholder engagement. She also serves as the Strategic Advisor for Stanford University's Natural Gas Initiative. Previously, Tisha served as president and CEO of the Colorado Oil & Gas Association and as principal and vice president of Tetra Tech, a national environmental consulting and engineering firm. She has a B.S. from Stanford University. Doug Benevento is also a 2023 Terry J. Stevinson Fellow. He is a partner at Holland & Hart. Doug brings a sophisticated understanding of environmental policy and compliance from his high-level leadership roles at federal and state agencies, including serving as the EPA Acting Deputy Administrator and the EPA Region 8 Administrator. He draws on this expertise and strong working relationships with regulators across the Mountain West and in Washington, DC to advocate for clients through both legal and legislative avenues. Doug guides companies to understand and respond to the regulatory impacts and ongoing developments of environmental justice matters. As the former Executive Director of the Colorado Department of Public Health and Environment, clients turn to Doug for his public health background and ability to proactively identify and develop solutions.
America wasn't born rich. It became rich thanks to the heroic efforts of hardworking people to make it so. Harold Hamm is one of those heroes. Born the last of 13 children and starting his own company at 21, Harold became a legend at getting fossil fuels out of the ground so they could power American wealth and prosperity. He joins Charlie to reflect on his career and the importance of fossil fuels to America's future prosperity. Then, Tim Stewart of the U.S. Oil and Gas Association talks about the Biden Administration's newly-proclaimed jihad against ceiling fans.Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.
On this episode of Tradeswork: The Rocky Mountain Mechanical Contractors Association Podcast, we welcome Dan Haley, President & CEO of the Colorado Oil & Gas Association (COGA). COGA strives to be the unified political and regulatory voice for the oil and natural gas industry in Colorado, and to support their members through advocacy, partnerships, education and stakeholder engagement. Here are some of the questions you can expect to be answered on this episode: What is the current state of the oil and natural gas industry in Colorado? In his time running COGA, what are the technological changes that have occurred in the oil and natural gas industries? How do the skilled trades intersect with and embolden the oil and gas industry? What are the biggest misconceptions about the oil and gas industry? For young people considering their career path, what would Dan tell them about work in the oil and natural gas industry? What should people know about the push for electrification, climate change, and Colorado's future of energy? This episode is available on podcatchers everywhere. Please rate, review and subscribe. For more information about the U.S. Engineering, please visit their website. For more information about Rocky Mountain Mechanical Contractors Association, please visit our website.
In this episode: Tim's professional background and his long career in politics, prominent experiences he's had while working in Washington DC, and the start of the Bennett Group DC. Then, how the Bennett Group DC built its client base, tactical elements of strategy, Tim's involvement in the Oil and Gas Association, and how LSI and the Bennett Group DC will collaborate together in the future. Follow along on our LinkedIn, Facebook, Instagram, and Twitter - or visit us at LSIWINS.com!Visit the Bennett Group DC at bennettdc.com.
Rod Arquette Show Daily Rundown – Thursday, August 3, 20234:20 pm: John Daniel Davidson, Senior Correspondent for The Federalist, joins the show to discuss his recent piece about how the indictments of Donald Trump are a declaration of war against American voters.4:38 pm: Dr. Wayne Winegarden, Senior Fellow in Business and Economics at the Pacific Research Institute joins the show to discuss how California Governor Gavin Newsom's policies on homelessness aren't working.6:05 pm: Utah State Treasurer Marlo Oaks joins the program for a conversation about how the downgrade of the U.S. credit rating will affect Americans.6:20 pm: Tim Stewart, President of the U.S. Oil and Gas Association, joins Rod for a conversation about how Joe Biden is continuing to make it difficult to use fossil-fuel powered appliances in the U.S.6:38 pm: Mya Guarnieri Jaradat, Religion Reporter for the Deseret News, joins the program for a conversation about the role parents could play in the 2024 election.
Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on The Road to Autonomy podcast to discuss the global record demand for oil and the Texas economy.The conversation begins with Dean discussing the current state of the oil markets. In a nutshell they are deceptively tighter than relativity modest prices, of plus or minus $70 a barrel recently would indicate. – Dean ForemanEven though we are currently in a tight oil market, global oil demand is projected to increase to 102.7 million barrels per day in 2024 — a record high. If the economy stays on track and continues to hum along and not fall into a recession, the oil supply pressures could continue to mount. Historically in a rising rate environment, the demand for oil and commodities in general has decreased. This time however, we are seeing the demand for oil continuing to be strong. The increased demand for oil is primarily coming from emerging markets. We're seeing emerging markets drive the majority of economic growth this year, projected again over the next two years and hand-in-hand with that has come the energy demand to go with it. – Dean ForemanIf the demand for oil continues as projected, The United States can bring more supply online. In the United States, Texas currently produces 5.4 million barrels per day of oil. With global demand for oil increasing, Texas' economy has led the nation in economic growth for the last two quarters. Texas economy is growing at an average annual pace of 7.6%, more than 2.5 times the U.S. average. From January 2023 to April 2023, Texas generated $73.2 billion of state export revenues. When Texas does well, the U.S. does well. – Dean ForemanWith 43.6% of the oil in the United States being produced in Texas, the industry puts safe guards in place to protect against the potential impacts of hurricanes to ensure that oil can continue to flow. Wrapping up the conversation, Dean shares his outlook for the global oil markets and what he expects to see occur over the next quarter. Follow The Road To Autonomy on Apple PodcastsFollow The Road to Autonomy on Spotify Follow The Road To Autonomy on LinkedInFollow The Road To Autonomy on TwitterRecorded on Friday, July 7, 2023See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Wasn't natural Gas supposed to be the "clean" alternative to other fossil fuels? George welcomes Dan Haley of the Colorado Oil and Gas Association to talk about a local proposal to stop selling gas powered Lawn Equpment and the recent studies about natural gas stoves. I bet you will be surprised to find out they aren't all they are cracked up to be. Then George and callers discuss what if any steps should be taken to lower local air pollution levels and if they will even work. See omnystudio.com/listener for privacy information.
Keith Stelter, VP of Sales and Marketing at 423 Mechanical stopped by the Energy News Beat podcast. I have enjoyed watching and reading Keith's posts on LinkedIn and enjoyed his balance of industry knowledge and leadership in life.Personally, I have been dealing with family issues and have been under tremendous stress, and jumped on one of Keith's live LinkedIn sessions and heard a wonderful testimony from his guest about survival, his belief in God, and how important it is to be an example. You do not know who or when your comments, actions, and influencer posts will positively affect people.In this episode, we cover life in the Permian, the United States' founding fathers and their fight for religious freedom, and of course oil and gas.Please follow Keith on his LinkedIn account HERE: Also sign up and watch his live events.Thank you Keith for stopping by the Energy News Beat podcast. I had an absolute blast, and your personal leadership on your show meant a lot. - StuTime Stamps00:00 - Intro01:31 - Talks about Podcast or Live Linkeln event as well as Youtube that Keith Stellar had with Brandon Willis06:02 - I think the number one problem we have in this country is the dads are not in the house.06:51 - Our Founding Fathers were here for a reason, and that was for the freedom of religion(Declaration of Independence)08:16 - What brought you to from Canada to here, Keith?10:08 - What do you do in West Texas?12:13 - As an EMP side of things, are you going to the rigs before they get there and bringing the pipe to the main midstream lines?13:27 - After the frack crews and all that, what are some trends that you're seeing? How's that holding up on your end of the stick?15:57 - What are your thoughts on the Permian area?18:48 - You also have a workout Wednesday. What's that about?21:41 - Talks about Ohio Train Wreck that Matt Coday from Oil and Gas Association did to help people in Ohio22:55 - What's coming around the corner for 24:22 - Keith in the next few months?Talks about JP and cutting of Hair27:42 - How do people get a hold of you, Keith?28:35 - Outro
Oil falls amid China growth uncertaintieshttps://www.reuters.com/business/energy/oil-prices-come-off-earlier-gains-banks-cut-china-growth-forecasts-2023-06-19/- the issue is headwinds, but is China's economy really that bad- the real issue is that expectations for China's great economic reopening haven't materialized. - China's demand growth was baked in and now that it's coming in below expectations- at the same time...China's refineries processed second most oil in May on recordColumn: China stored massive volume of crude oil in May, giving it optionshttps://www.reuters.com/markets/commodities/china-stored-massive-volume-crude-oil-may-giving-it-options-russell-2023-06-19/- China added to crude oil stockpiles at the fastest rate in nearly three years in May, as robust imports outweighed near-record refinery processing.Toyota unveils sweeping plans for new battery tech, EV innovationhttps://www.reuters.com/business/autos-transportation/toyota-market-next-gen-battery-evs-2026-built-by-new-ev-unit-2023-06-13/- Solid-state batteries can hold more energy than current liquid electrolyte batteries- Toyota said it aims to launch next-generation lithium-ion batteries from 2026 offering longer ranges and quicker charging.- This could be much better for the modern model of driving.- While the range would be longer and the charging time faster and more palatable, but the weight might still be an issueNew Land Grab by Oil Giants Is Deep Undergroundhttps://www.wsj.com/articles/new-land-grab-by-oil-giants-is-deep-underground-34cd5e97Welcome Back Dr. Dean Foreman, Chief Economist for Texas Oil and Gas Association! www.txoga.org- Are we heading towards 13 million barrels per day of oil production from the US? It's not getting there.- Many states don't have the same activity levels as they did pre-pandemic- Texas is more important than ever for oil production - natural decline rates in Texas are less than in other places- Market is structurally tight, esp when you look at inventory levels- Why is OPEC cutting? Each time, Fed Reserve contemplates a rate hike, economic uncertainty results.- Going back to the OPEC cuts last year was to offset monetary policy from Fed.- The China factor? China's economy is coming back but slowly over the course of the year.- Natural gas production is at all time highs- How much is flowing into global markets? Storage levels of natural gas are high in Europe and the U.S.- Seasonal and regional markets for natural gas remain.- Permian Basin most of the natural gas is associated- How to incentivize natural gas drilling when prices are so low- Appalachian region is constrained by pipelines- Record level of natural gas exports, but really strong production and really strong consumption. Productivity levels have held this up. - US is sitting at under $3 per mbtu, Europe is $9/$10 per mbtu- Hot summer could pressure the LNG situation. But also a comeback in China's economy could pressure the LNG situation. China gave up many cargoes of LNG that it had contracted for to Europe because they were willing to pay super high prices This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit energyweek.substack.com
In this episode, Jeff and Sid discuss: Taking responsibility for the company early in his career. Managing salary and transitions in a family-owned business. Creating a family-focused priority when running your business. Co-creating your life and generosity with God. Key Takeaways: When a leader moves on, there are a lot of dynamics and the human elements are just as important as any business elements. Create a home life that is grounding for you. Focus your life on your family and keep your relationships strong and it will help you business. Set the guardrails to let your business work for you, not you working for your business. If you don't set the boundaries it is more likely to consume you. Giving in education is a way to help future generations get a better start and a stronger foundation. "The best gift to my kids and grandkids is to give them a good start, but not to make it where they are trust fund babies. Think instead, how can I use these funds to empower other places and help my kids see that it is a good thing to do?" — Sid Jansma Jr. About Sid Jansma Jr.: Sid's oil patch experience began in 1959 working part-time for his dad as a roustabout. So he started at the bottom! Four years at Calvin College resulted in a degree in philosophy and economics, and in a year at U of M, he earned an MBA. He then joined Wolverine Gas and Oil Company (the family business founded by his father in 1948) full-time for the next 49 years. Sid also volunteers for the energy industry at both the state and national levels. At various times, he's been chairman of the Michigan Oil and Gas Association, chairman of the Independent Petroleum Association of America's Tax Committee, chairman of the Environment and Safety Committee, and on the Board of Directors of the American Petroleum Institute. That kind of networking keeps him in touch with others in the industry and up-to-date on what's going on around the country in the oil field and energy in general. Sid has enjoyed serving at church as elder and chairman of the board of trustees at Plymouth Heights Christian Reformed Church. He has served on several other boards, including that of the Russian-American Institute, Calvin Theological Seminary (when in May 2019 he became Chair Emeritus of the Board of Trustees), ROC Oil in Australia, and other boards. Sid's four children and 14 grandchildren are an endless source of joy to Sid and Cate. And then what about his spare time? He cooks, sails, hunts, fishes, and plays the bagpipes – with absolutely no time left for golf! Connect with Sid Jansma Jr.:LinkedIn: https://www.linkedin.com/in/sid-jansma-jr-81232a17/Facebook: https://www.facebook.com/sid.jansma.jr/ Connect with Jeff Thomas: Website: https://www.arkosglobal.com/Book: https://www.arkosglobal.com/trading-upEmail: jeff.thomas@arkosglobal.comTwitter: https://twitter.com/ArkosGlobalAdv Facebook: https://www.facebook.com/arkosglobal/LinkedIn: https://www.linkedin.com/company/arkosglobaladvisorsInstagram: https://www.instagram.com/arkosglobaladvisors/
WHAT DID THE LEGISLATURE DO TO OIL AND GAS THIS TIME? I've got Dan Haley the CEO of Colorado Oil and Gas Association on at 12:35 to discuss what the Legislature did this session and how the industry is doing overall in Colorado.
The Biden Administration has taken the US Oil and Gas Industry from a position of Global Dominance to energy poverty falling weak to foreign nations. Rebecca invited Tim Stewart, President of US Oil and Gas Association to discuss their latest initiative Handsoffmystove.com. Lawmakers in New York, California and other liberal states across the nation are moving to ban gas appliances and the unrealistic expectation of migrating to electric, considering the lack of infrastructure. Stewart, a 30 year veteran in the industry, explains how this Administration is intentionally crippling the American economy, pushing us to rely more heavily on OPEC and other oil and gas producers around the world. Leave it to the Biden Administration to invade your home, tune in to learn how you can support the Oil and Gas industry!
Tim Stewart, President of the U.S. Oil and Gas Association, announces his initiative to fight for families who want to keep their gas stoves. Stewart comments that this initiative is about more than just gas stoves, it's about standing up for freedom. Saying, “It's not just about gas stoves. It's about choice." "And it's about somebody else telling me what you and I can and can't do because they think they know better than you and I. It really comes down to if we don't stop here, where do we stop?" For more information on this growing grassroots organization, and “affiliation of people who are sharing like mindedness,” go to handsoffmystove.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Our guest is Don Briggs, founder of the Louisiana Oil and Gas Association, who shares his incredible career journey in the oil and gas business. A native of Miami, Florida, Don was an active young man who played football for Miami High School at their home field, the Orange Bowl! From his youngest years, he had a strong work ethic and was employed delivering newspapers, working at Top Value, and helping his father repair fiberglass boats or as a journeyman moving heavy equipment. Don also modeled and was featured in a few national publications with his brother and sister. He attended the University of Florida on a football scholarship. Love was the catalyst that prompted Don to move to Lafayette in 1961 when he married Georgia Speights. He transferred his college credits to USL and he and his wife had two children, Brett and Tammy Dee. To make ends meet, he worked at Owen Drilling Company from 6:00 pm to midnight seven days a week, and worked his way up the ladder serving as safety director. After a few years, Don started Aztec Pipe and Supply where he sold refurbished pip reclaimed from old oil wells. Don's holdings grew as he started Aztec Well Head (sold refurbished well heads), Aztec Mud Chemical (mud company), and he purchased land off Hwy. 90 in Broussard and built three warehouses and offices to house his growing business. Don's hard work had really paid off. By 1978, Aztec was successful and was acquired by a publicly-traded company, Newpark Resources. The sale was highlighted in the Wall Street Journal and Don stayed on as President of Newpark Drilling Fluids. Don lived a flamboyant lifestyle during this heyday of the local oil and gas industry, flying around in a private jet, driving "my custom-made Excalibur Mercedes with a gold dashboard," and serving as King of the Krewe of Troubadours. Don also recalled spending "a lot of unnecessary time at La Fonda, and of the hundreds of faces painted on the walls, mine was the first one." He enjoyed skiing and bought homes in Beaver Creek, Colorado and Duck Key in Florida. In 1986, the oil and gas industry crashed and the price of oil and gas nosedived. Don had invested heavily in local commercial real estate and the buildings were soon empty. People moved out in droves looking for work. Laid off from Newpark Resources and unable to keep everything afloat financially, Don was forced to declare bankruptcy along with so many other Lafayette entrepreneurs. Surviving this tumultuous time, Don was able to see what was really important: his family. He also refocused his energies on bettering the oil and gas industry's fortunes in Louisiana as he came to realize that "not all hurdles the industry faced were solely market-driven." Don garnered the support of oil and gas industry leaders and founded the Louisiana Independent Oil and Gas Association, now known as Louisiana Oil and Gas Association ("LOGA"). The group started "with 12 founding members and grew into an association representing more than 1,200 members." He served as President of LOGA for over 25 years and was a highly effective spokesperson for the industry as he worked to fight tax increases and oppressive regulations. Don worked tirelessly to educate the public and government officials about how important the oil and gas industry is to Louisiana. His legacy of building and safeguarding oil and gas operations in the state of Louisiana can not be overstated and will never be forgotten. Gifford Briggs, Don's son, joined LOGA in 2007 as membership coordinator and in government relations. He moved up in the ranks, becoming LOGA's vice president, and became LOGA's President in 2018 when Don retired. Photo credit: Don Kadair. On September 30, 2016, Don suffered a horrible accident at a vacation home in North Carolina, falling down stairs and fracturing his skull. He was airlifted to Asheville and underwent surgery to remove a part of his skull. Airlifted back to Lafayette,
Recorded on November 16, 2022 https://youtu.be/0A5jLAxYDMw Episode 69 of the PetroNerds podcast is a unique Q&A session with Trisha Curtis and Christine Prah of the Women in Oil and Gas Association. Trisha is asked a series of questions ranging from US oil and gas production to ESG to Biden Administration policies. This Q&A was a live dialogue with the WOGA - Women in Oil and Gas Association, recorded in November of 2022. Trisha dives into US production, the need for energy education, and literacy and the thin trading volumes in crude oil. Trisha answers a wide range of topical market and business related questions from the moderator and the audience. This is another not to miss podcast, filled with intel and insights and introduced with a timely market recap on the first days of 2023, including the Fed, jobs data, and oil prices. Listen on Itunes
Alaska sits at the heart of two big, tangled global questions: how to slow climate change, and where, or whether, to develop oil. Alaska uses the income from oil to fund basic services. But oil production in the state is in long-term decline. Oil companies and their many allies are pushing for a crude revival. Can Alaska reconcile the desire to drill, with the need to limit climate change?In the first episode of a special two-part series, Charlotte Howard reports from Alaska. Iñupiat elder Bobby Schaeffer explains how warming temperatures are affecting his community. Alaska's Governor Mike Dunleavy pushes for a resurgence in American drilling. And Kara Moriarty from the Alaska Oil and Gas Association explains why she thinks the state needs to rejuvenate its oil industry. You can now find every episode of Checks and Balance in one place and sign up to our weekly newsletter. For full access to print, digital and audio editions, as well as exclusive live events, subscribe to The Economist at economist.com/uspod. Hosted on Acast. See acast.com/privacy for more information.
Alaska sits at the heart of two big, tangled global questions: how to slow climate change, and where, or whether, to develop oil. Alaska uses the income from oil to fund basic services. But oil production in the state is in long-term decline. Oil companies and their many allies are pushing for a crude revival. Can Alaska reconcile the desire to drill, with the need to limit climate change?In the first episode of a special two-part series, Charlotte Howard reports from Alaska. Iñupiat elder Bobby Schaeffer explains how warming temperatures are affecting his community. Alaska's Governor Mike Dunleavy pushes for a resurgence in American drilling. And Kara Moriarty from the Alaska Oil and Gas Association explains why she thinks the state needs to rejuvenate its oil industry. You can now find every episode of Checks and Balance in one place and sign up to our weekly newsletter. For full access to print, digital and audio editions, as well as exclusive live events, subscribe to The Economist at economist.com/uspod. Hosted on Acast. See acast.com/privacy for more information.
Tim Stewart discusses the Biden administration's recent relaxation of oil sanctions against Venezuela, after it authorized Chevron to resume oil production through its joint ventures in the country. The President of US Oil and Gas Association comments on the hypocrisy of the Biden's comments at the climate summit, earlier this week, where he committed the United States to pay poor countries reparations for the climate damage the United States may have imposed on them, while asking Venezuela for oil who is “one of the dirtiest oil producers globally.” Stewart comments, Biden "wouldn't need to be lifting sanctions on Venezuela, if he hadn't kicked the Canadians to the curb on day-one of [his] administration, that for whatever reason, the administration views some oil as good and some oil as bad, and in this particular case, they told the Canadians we don't like your heavy crude, it's bad. But you know, 377 days later, they've decided Venezuelan heavy crude is good.” Stewart says "the reality is, we're essentially propping up the Marxist regime, rather than turning to our own resources or our close allies to the north, the Canadians."See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Today we welcomed back our good friend Tisha Schuller, Founder and CEO of Adamantine Energy. Tisha first appeared on COBT in March of 2021 and we're thrilled to visit with her just a few weeks after she's published her latest book, "Real Decarbonization: How Oil and Gas Companies Are Seizing the Low-Carbon Future." Tisha is based out of Denver and was previously the President and CEO of the Colorado Oil & Gas Association before founding Adamantine Energy, where she and her team provide thought leadership to energy businesses. We had lots of fun digging into the core themes of the book! In our conversation, Tisha first shares the inspiration behind writing "Real Decarbonization" including the disconnect between public perceptions around decarbonization and reality. We then dive into the importance of understanding the opposing community's perspective and the shift to focus on building things rather than opposing them, Tisha's call for action to create "unconventional engagements," navigating greenwashing, how CEOs are driving the decarbonization force, the four paths to decarbonization as described in Tisha's book, how the IRA has affected traditional paradigms of opposing conservatives and liberals, personal evolution and shifting industry pride, differences in decarbonization goals for public and private companies, the definition of decarbonized, and much more. We had a hard time wrapping the discussion and ended with Tisha's view for the energy world in ten years. It was a whopper of a conversation! The Veriten crew started the show: Mike Bradley focused on the move/volatility in crude oil markets as well as the handful of dynamics (China lockdowns, upcoming OPEC Meeting & EU Russian Price-Caps) that are driving volatility and have plunged Brent and WTI crude oil time spreads into contango. He also noted the 12-month WTI crude oil strip and energy equities have been decoupling over the past few months due to investor's comfort with higher future "normalized" prices, continued significant return OF capital and strict capex discipline even in the mist of high commodity prices. Colin Fenton trained the spotlight on precious metals. Advances in silver and gold prices are suddenly building momentum, as investors flee crypto markets and look nervously at USD weakness and other signs that central bankers will not have the stomach to squash inflation expectations. Mar-23 CMX silver ($21.41 per troy ounce) has gained 22% since its recent low in early September, and Feb-23 CMX gold ($1762 per troy oz) is now priced about 8% higher than at its recent low on November 3, 2022. Each price is far below its all-time high in either nominal or real terms. Thanks to you all for your friendship and support!
Larry Behrens is the communications director at Power The Future, a national nonprofit organization that advocates for American energy jobs and Dan Weaver, President of the Pennsylvania Oil and Gas Association take a look at the willful destruction of American energy. With the new deal between the US and Venezuela with Chevron, American energy producers are taking another hit, while we fund our enemies and the war they continue to wage against their own people and freedom everywhere.See omnystudio.com/listener for privacy information.
Larry Behrens is the communications director at Power The Future, a national nonprofit organization that advocates for American energy jobs and Dan Weaver, President of the Pennsylvania Oil and Gas Association discuss OPEC's decision to tighten the release of oil to America, and Joe's decision to lessen sanctions against Venezuela instead of empowering America to become energy independent. Which we can do - EASILY. And Biden's solution, use our Strategic Petroleum Reserves, which are meant to be maintained for catastrophic eventsSee omnystudio.com/listener for privacy information.
Tim Stewart raises the alarm on the dire energy crisis that Europe is heading into this winter and the repurcssions that Americans could face. The President of U.S. Oil and Gas Association comments that the situation “is really frightening,” and "most people don't realize that we really are on the edge of an energy and economic catastrophe, if things don't start to play out the way that they should.” Stewart says that the Russians reduced the Nord Stream Pipeline natural gas supply “20% capacity” following the “G7 pledging to cap the price of Russian oil markets.” The Nord Stream pipeline accounts for 35% of Europe's natural gas supply, and the Russian reducing the capacity has caused European natural gas prices to have "gone up to the equivalent of about $500 a barrel equivalent for now.” Stewart remarks, and you can't you can't run a business, you can't run your house, you can't run a school, when your energy prices are that high, and that's the the economic catastrophe that we're sitting on because of the manufacturing and agricultural sectors, they get hit so badly."See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Daniel Turner, is the founder and executive director of Power The Future, a national nonprofit organization that advocates for American energy jobs and Dan Weaver, President of the Pennsylvania Oil and Gas Association talk about the rising gas prices and the true root and cause of them and how it could be remedied. While Joe is begging OPEC and Buttijeig is blaming the oil companies. See omnystudio.com/listener for privacy information.
Tim Stewart, President of US Oil and Gas Association, discusses ramifications of just one-year of the Biden Administrations oil and gas policies, commenting that the policies have left the United States with little to no other options, and appears to show that President Biden thinks importing oil from “terrorism-sponsoring states” like Iran and Venezuela, is a better option than United States producing its own in “Texas, Oklahoma, Wyoming, North Dakota and the New Mexico option”.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.