Podcasts about lng

My guest today is Matthew Smith. Matthew is the founder and CIO of Chronometer Partners, which invests in energy, industrials, materials, power and utilities, and related infrastructure. For the last 18 months he and his team have modeled nearly every natural gas well, pipeline, and processing asset in the United States. He's reached a conclusion most of the market doesn't share.  Starting in 2028, AI data centers and LNG exports will need more gas than the country can produce and deliver. By his math, the US could exhaust its working natural gas storage by 2030. In his words, the upside risk to prices becomes unbounded and convex. We talk about why this was set in motion long before AI arrived, why the US can't just turn off exports, who wins and loses among producers, nuclear, solar, and the hyperscalers, and what he sees as the only long-term solution. Please enjoy my conversation with Matthew Smith. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠.  ----- In June, Matthew wrote a letter to a small group of confidants laying out the full case behind his natural gas forecast. He has allowed us to publish it. You can read the full letter here. ----- Become a Colossus member to get our quarterly print magazine and private audio experience, including exclusive profiles and early access to select episodes. Subscribe at ⁠colossus.com/subscribe⁠. ----- ⁠Ramp's⁠ mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠ramp.com/invest⁠⁠ to sign up for free and get a $250 welcome bonus. ----- Trusted by thousands of businesses, ⁠Vanta⁠ continuously monitors your security posture and streamlines audits so you can win enterprise deals and build customer trust without the traditional overhead. Invest Like the Best listeners get a special offer of $1,000 off Vanta when you go to ⁠vanta.com/invest⁠.  ----- WorkOS⁠ is the infrastructure B2B and AI-native companies use to sell to enterprise. It covers everything enterprise security requires: SSO, SCIM, RBAC, Audit Logs, AI governance, and more. Trusted by 2,000+ fast-growing companies, including OpenAI, Anthropic, Cursor, and Vercel. ----- Rogo is the AI platform for finance. They're building agents for Wall Street that are trained to understand how bankers and investors actually do work: from diligence and modeling, to turning analysis into deliverables. To learn more, visit rogo.ai/invest. ----- ⁠Ridgeline⁠ has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Visit⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ridgeline.ai⁠. ----- Editing and post-production work for this episode was provided by The Podcast Consultant. Timestamps: (00:00:00) Welcome to Invest Like the Best (00:02:02) Episode Intro: Matt Smith (00:03:33) The Conclusion After 18 Months (00:04:56) The Die Was Cast Before AI (00:07:24) Sizing AI's Gas Demand (00:09:33) Why Not Just Stop Exporting? (00:11:38) Is the Gas Even There? (00:13:53) The Timing Problem, Not Supply (00:15:15) Flow Versus Stock (00:19:10) What Slows Gas to Market (00:22:21) If Nothing Changes by 2030 (00:26:11) Could Prices Hit Twenty Dollars? (00:27:00) Gas Producers Poised to Win (00:28:54) Utility-Scale Solar's Windfall (00:30:08) What About Nuclear? (00:32:40) SMRs (00:34:29) The US Consumer Pays (00:36:37) Turbine Makers Building Too Late (00:37:57) Are Hyperscalers Exposed Too? (00:44:25) Kickstarting the Nuclear Build (00:46:20) Put Solar on Every Roof (00:46:52) Implications for the World (00:49:26) No One's Securing Supply (00:52:57) The Challenge for Energy CEOs

Jake Jurewicz is the Co-founder and CEO of Blue Energy, a nuclear power plant developer. Blue Energy starts with proven, light water reactors and builds everything around them — prefabricating standardized nuclear plants as massive modules in shipyards and fab yards, then barging them to site. It pairs that with a patented gas-to-nuclear approach that energizes the plant on gas turbines first and converts to nuclear later. The goal is to make nuclear cheap enough and fast enough to build that private lenders will finance it, rather than the taxpayers and ratepayers who've carried almost every plant built so far. The company recently announced a collaboration with GE Vernova on a 2.5-gigawatt gas-plus-nuclear project in Texas, built around GE Vernova Hitachi's BWRX-300 reactor, with backing from VXI Capital, At One Ventures, and Engine Ventures. The why now is straightforward: AI data centers are pulling on the grid harder than anything in a generation, firm clean power is scarce, and the cost and speed of building nuclear have been the thing holding it back. Jake's bet is that the fix lives in how you build and finance the plant, rather than in the reactor itself. Episode recorded on June 10, 2026 (Published July 21, 2026)  In this episode, we cover: (0:00) Overview of Blue Energy (2:20) Why construction, not reactor tech, is the focus (5:32) Two innovations: modular construction and gas-to-nuclear (6:56) Why proven light water reactors beat new designs (9:39) Building nuclear like LNG terminals (11:57) The history of shipyard-built nuclear power (14:17) Lessons from Venture Global's LNG buildout (16:44) Why megamodules cut construction costs (20:43) What Blue Energy builds versus buys (22:14) Why civil construction, not the reactor, drives cost (25:14) Navigating NRC approval for gas-to-nuclear (28:21) Why customers still want nuclear after gas (32:56) The first project: Victoria, Texas (36:00) Financial innovation to unlock private capital (39:19) Blue Energy's biggest execution risks (43:32) Where nuclear heads next (46:59) Commercial criticality beyond the chain reaction (48:20) Nuclear's role in energy security and geopolitics Enjoyed this episode? Please leave us a review! Share feedback or suggest future topics and guests at info@mcj.vc.Connect with MCJ:Cody Simms on LinkedInVisit mcj.vcSubscribe to the MCJ Newsletter*Editing and post-production work for this episode was provided by The Podcast Consultant

In this latest OIES podcast, from the Gas Programme, James Henderson talks to Agnieszka Ason about her latest research considering how the Hormuz crisis is likely to shape LNG SPA drafting practice in relation to contractual terms that proved critical during the crisis and are likely to be subject to further scrutiny in its aftermath. […] The post OIES Podcast – How the Hormuz crisis will shape LNG contract drafting appeared first on Oxford Institute for Energy Studies.

Today on Cruise News: Princess Cruises' Crown Princess and Oceania Cruises' Oceania Vista both skipped St. John's, Newfoundland on July 14 over a forecast of rain and winds around 20 mph, affecting roughly 4,300 lower-berth passengers even though Canadian authorities identified no severe weather. Port Canaveral is advancing $175 million in cruise infrastructure, including a $78 million renovation that nearly doubles Cruise Terminal 5 to 170,000 square feet and a $93 million, 13-story Cruise Terminal 6 East garage adding about 3,700 parking spaces, as the port works to speed guests from vehicle to vessel after a record 8,602,047 passenger movements in fiscal 2025. And MSC Cruises will debut a 300-square-meter Venchi chocolate boutique, cafe, and gelateria aboard the new LNG-powered MSC World Asia, the Turin chocolatier's first shop on an MSC World Class ship, when the vessel enters Mediterranean service on December 4, 2026.

Recorded at Posidonia 2026 in Greece, this episode of the Seatrade Maritime podcast features correspondent Gary Howard in conversation with Maria Kyratsoudi, business development director, Greece, at ABS.Together they explore how Greek shipowners are responding to tightening IMO and EU regulations, and why energy efficiency and performance optimisation are taking priority over early bets on alternative fuels.In this episode:ABS as “Greece's trusted class” How ABS's role has evolved from traditional classification to technical and sustainability advisor.Expanded engineering, sustainability, and advisory capabilities for Greek clients.Newbuilding trends in the Greek fleetStrong increase in tanker, VLCC/Suezmax, and bulk carrier orders, with LNG and LPG also in the mix.How owners are aligning fleet renewal with regulatory and commercial pressures.Decarbonisation and regulation: IMO + EU Why Greek owners are looking at the combined impact of IMO and EU rules rather than single regulations in isolation.The drive for energy efficiency upgrades, fuel readiness, and robust compliance documentation.Efficiency first, fuels later Why the immediate focus is on energy efficiency and performance optimisation for both newbuilds and retrofits.Making vessels more commercially attractive through measurable real‑world gains.Digitalisation and data How regulatory demands for accurate data are pushing pragmatic adoption of digital tools.The link between digitalisation and decarbonisation, and using performance data to support charterers and financiers.

We are now recording an audio version of written posts that we will upload to Apple, Spotify, and YouTube, which you can listen to by clicking the play button above.We continue our SoH (Strait of Hormuz) Crisis Takeaways series with a check-in on our Obliterating Peak Oil Demand theme that rejects the idea that anyone can know today what decade let alone year oil demand will ultimately peak and subsequently plateau or decline. We have yet to see a scenario from major agencies, banks, or consultants that solves for everyone on Earth some day becoming energy rich, which, in our view, is the ultimate direction of travel. The massive unmet energy needs of the other 7 billion people on Earth points to growth in all current major energy sources and technologies. Energy's natural hierarchy of needs points to a high motivation by especially billion-person-scale developing countries to crack the code on new energy technologies. How is there still any doubt that we will of course need rising amounts of both traditional and new energy sources and technologies for many, many decades to come?There is some thought among energy observers that the SoH Crisis will accelerate the timing of “peak oil demand.” It is a view we reject. Even under our base-case of a messy stalemate between the U.S. and Iran and volatile oil flows out of the Strait, we are highly skeptical we could see the kind of sustained, large-scale substitution out of refined oil products into alternatives that would result in even a plateauing of global oil demand at global GDP rates of 2.7% or higher. In fact, growth in EVs (electric vehicles) and LNG (liquefied natural gas) trucks is likely helping economic resiliency in countries like China and others in southeast Asia during a time of SoH-driven stress and therefore keeping global GDP at better levels than might otherwise be the case. The ultimate driver of all forms of energy, including crude oil, is GDP growth. The biggest risk from the SoH Crisis was (or maybe still is) a deep global recession that would hit demand for oil and other energy sources in the short run.The combination of the April 7 ceasefire and June 17 MOU—as imperfect as both agreements have been—significantly reduced worst-case “$200 oil / global recession” risks. There is also plenty of evidence that neither side is looking for the kind of prolonged full-scale ground war that could drive a more substantial and ongoing disruption of oil supplies out of the region. As such, we are skeptical the duration of the crisis has been anywhere near long enough to accelerate more meaningful behavioral change, even when measured over a longer time frame than just the next few years.As always, we keep an open mind and welcome pushback or different points of view. With that said, our confidence in this core view has only grown since we first unveiled our “Obliterating Peak Oil Demand” series three years ago (here). We use the popular Q&A format to address the main questions we receive on the failing peak oil demand thesis.Subscribe to Super-Spiked to receive all content via email. Also available on https://veriten.com.Question 1 (Q1): You had pushed back on the so-called “peak oil demand” view that was most prevalent during peak “energy transition-climate crisis” years of 2021-2023. Does the SoH Crisis mean “peak oil demand” is back on the table?Answer (A): No.We continue to push back hard on the idea that anyone today can model with any certainty when oil demand will peak, plateau, or possibly decline when the unmet energy needs of the other 7 billion people on Earth are as massive as they are. That has been and remains a core ethos of ours. There are no major external forecasters that we are aware of that have modeled full global prosperity—i.e., everyone on Earth enjoying the basic human right of being energy rich.Q2: Isn't there growing evidence that peak oil demand is at least on the horizon even if you don't think it is imminent?A: No, there isn't. In fact just the opposite. There is more evidence that it is nowhere in sight.At a big picture level, we disaggregate growth in oil demand into two component pieces: (1) global GDP growth; and (2) an “efficiency gain” metric that is the change in the number of barrels it takes to generate a $ of GDP (Exhibit 1). Incorporated into our efficiency gain metric are all the things that would improve the multiplier of GDP to oil demand, including substitute products like EVs and LNG trucks as well as fuel economy gains. It's all captured in that one metric.Our key conclusion is that every year we use slightly fewer barrels to generate a $ of GDP, but that the rate of improvement is well short of what is needed to even flatten global oil demand. The common mistake of every “peak oil demand” forecast we have seen, in particular those from the IEA and leading major oil companies, is a massive over-estimation of future efficiency gains. Typically, too quick of a ramp in EVs and other substitute products is compounded by an assumption that despite fuel economy targets having been missed by 75%-95% historically, they will be achieved at something approaching a 100% success ratio going forward. It has honestly been ridiculous how willing otherwise smart analysts have been to over model and at times double count those two impacts in particular.Exhibit 1: Oil demand derivationSource: Goldman Sachs Research, IEA, OPEC, Veriten.Q3: What is the risk to oil demand?A: It would be extended recession-like global GDP.Global GDP hasn't exactly been booming over the past several years, but at 2.7%-2.8% it has been good enough to drive around a 1 million b/d per year oil demand growth reality. Our number one concern when it comes to oil demand is always the health of the global economy. It is why we did not celebrate (from the perspective of traditional energy companies) the upside risk of $150-$200/bbl as you saw from the perma bulls. The reason being that the kind of oil price needed to motivate a global recession is hardly a bullish outcome for traditional energy companies.Q4: Aren't rising EV sales a risk to future oil demand?A: We disagree with the ICE (internal combustion engine) versus EV zero sum mindset that almost everyone has (there is common ground among the climate-is-the-top-priority crowd and oil sector enthusiasts on perceiving ICE vs EV as a zero sum game).There is no chance that especially the billion-person scale economies like China and India are going to want to subject themselves to the magnitude of oil imports that would come from achieving rich-world economic status but only with traditional energy products. We already know this from observing China and fully expect India to diversify its energy sources and technologies in order to ultimately limit oil imports relative to a scenario where alternatives did not exist. We have long championed the benefits of energy source and technology diversification as good for all forms of energy. As noted above, we believe global recession is the biggest risk to oil demand.In the case of the SoH Crisis, we believe new technologies like EVs, LNG trucks, and the ability to work-from-home via Zoom and related products has added critical flexibility to offsetting a major supply loss as has occurred with the SoH closure. To be sure, that flexibility alone did not remove the worst-case scenario of oil needing to spike to $150-$200/bbl in order to force global recession, but it certainly was part of a series of mitigations along with the material SPR and commercial inventory reductions and pipeline redirections.Let us repeat this to ensure the point is made: growth in new technologies like EVs, LNG trucks, and Zoom has been positive for oil demand in that it has been a contributing factor to ensuring ongoing global economic growth.Q5: Won't the SoH Crisis drive an even faster shift to non-ICE vehicles?A: Yes, we are bullish on global EV sales, especially in large parts of Asia.New vehicle sales are as good of an indication of healthy economic growth as any. If EV sales are growing rapidly, this is good for economic activity and hence oil demand.Q6: But those EV sales represent miles driven that won't be using gasoline?A: Correct. But they will also represent economic activity that perhaps wouldn't be occurring helping support other oil products.We would guard against analyses that show “oil demand avoided based on EV sales to date” we see being published by the IEA and others. Like the issues we see with peak oil demand in general as well as the on again-off again “oil glut” calls, these single-variable extrapolations do not tell the full story for oil demand. The fact is that you don't see the impact in our efficiency gain metric.To be sure, we agree that the outlook for gasoline is weaker than for other products like diesel, jet fuel, and petrochemical feedstocks, in part driven by rising EV sales. However, the existing ICE car park is massive and is expected to grow at a modest clip in the coming decades as highlighted in OPEC's most recent World Oil Outlook 2026 report (link).Looking at Exhibit 2, it is not obvious to us that gasoline demand will globally decline in the coming decades—a view that even many in the oil sector broadly accept. It also highlights how massive the existing stock of ICE vehicles are; the curve slopes slightly up and shows no signs of bending down.Exhibit 2: ICE car park rises slowly, while EV car park rises much faster of a small baseSource: OPEC World Oil Outlook 2026 report.Q7: Robotaxis and autonomous driving: An EV accelerant?A: Yes, quite possibly.The automotive and technology aspiration of autonomous mobility continues to make significant strides. We are optimistic on the progress to date and have high expectations that robotaxis and other forms of autonomous mobility are a present day opportunity, with the technology likely to grow significantly in the years ahead. While notionally an ICE vehicle should have as much of an opportunity to be autonomous as an EV, it is our understanding at this admittedly early stage of development that EVs will secure a more meaningful share of autonomous miles driven. This bears further analysis and an evaluation of how trends ultimately develop. The fact that EVs are inherently more “software oriented” is the reason often given for the EV preference for autonomous mobility.We will repeat the perspective we have maintained throughout this post: if the rise of autonomous mobility leads to increased economic activity—even if overwhelmingly met by EVs—it will benefit overall oil demand though non-gasoline refined products would benefit to a greater degree.Q8: Diversification benefits of having both ICE and EV?A: The idea that all economic activity should be tied to the electric grid is absurd.No country should or is going to aspire to “electrify everything.” At a country level, having a mix of energy sources and technologies is likely to create the greatest resiliency in an uncertain world. Currently, most countries are over-exposed to ICE vehicles as we can see in the car park comparison in Exhibit 2. The ability to avoid odd-even license plate days is enhanced by a greater EV share. As we have now said or implied several times in this post, we expect significant growth in EV sales in the decades ahead, outpacing growth in ICE vehicles.⚡️On A Personal Note: Onto My Third TeslaSince purchasing my first Tesla on my birthday in 2015—a 2015 Model S—I have been an EV-first driver for personal travel. In 2020, we traded in the Model S for a 2020 Model 3. About a month ago, we traded in that Model 3 for a 2026 Model Y. I love driving a Tesla and prefer it over a comparably priced ICE vehicle (I have no doubt that there are high-end ICE vehicles that would be more fun to drive than any of my Teslas). A few observations:* Full Self Driving (Supervised) is awesome and a better experience than any equivalent driver assist technology I have tried from other companies. It's not a close call in my view. Tesla appears to be well ahead of the competition on this. Unfortunately, I have not had the opportunity to try any of the Chinese EVs, which I will aim to do in the future.* A Model Y or Model 3, in my view, is currently a better value than comparable ICE vehicles in similar performance or price categories. As we have been shopping to refresh our two 2020-era cars, this has been a surprise. I would note that this is true at a time that there is no federal EV tax credit.* We had been hanging onto an ICE vehicle for long-distance travel. But with my parents now ten minutes away, instead of 5-7 hours away, there is no obvious reason to not consider being an all Tesla family.* On the last long distance trip we took, we rented a (ICE) minivan from Avis. This seems like a reasonable path forward. We aren't ever going to own a minivan, but our golden doodle was actually quiet and comfortable while being driven in it.Last week we took a trip to western Pennsylvania to visit relatives. It is about 250 miles in each direction. Overall, our experience with FSD was outstanding.* FSD for long-distance travel is an absolute no brainer, game changer. It is a huge improvement over equivalent driver-assist technology from the competitors I have tried.* There are two scenarios where I had less comfort: (1) construction zones with the concrete barriers during times of busy but flowing traffic including many 18-wheelers. The Model Y on FSD did not make a mistake we noticed, but the rate of speed (it drove at the speed limit) was faster on turns with trucks in the next lane than I would have attempted; (2) I made a different decision on whether to swerve or go over a deceased small animal than what FSD picked (it wanted to swerve).* FSD was especially outstanding during slow-moving traffic congestion.* Many smaller decisions it made to me seemed very “human like,” meaning it is how I would have approached the situation.* I was especially pleased to see that it recognized a person approaching a cross walk and came to a stop so they could cross (this was in a residential area of town).Autonomous driving is unquestionably a future that is fast approaching. Is the technology perfect? Of course not. But neither are human drivers. A Tesla does not text or drink and drive as an example. And while you can question some of the choices it made, it makes none of them due to drowsiness, distraction, or other stressors.Autonomous mobility is going to be a game changer in reducing overall traffic accidents and fatalities. It is going to be a game changer for people like my parents that have had to give up driving; they are both good with technology and could easily handle a future, improved version of FSD. I think autonomous mobility will be positive for miles driven and economic activity. Even if it is overwhelmingly EV focused in passenger vehicles, it is going to be positive for GDP growth and therefore oil demand.⚖️ DisclaimerI certify that these are my personal, strongly held views at the time of this post. My views are my own and not attributable to any affiliation, past or present. This is not an investment newsletter and there is no financial advice explicitly or implicitly provided here. My views can and will change in the future as warranted by updated analyses and developments. Some of my comments are made in jest for entertainment purposes; I sincerely mean no offense to anyone that takes issue.Subscribe to Super-Spiked to receive all content via email. Also available on https://veriten.com. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit arjunmurti.substack.com

The situation in the Strait of Hormuz has worsened, creating risks for the recovery of oil and gas infrastructure. Simultaneously, there are many questions on the return of central bank diversification and gold purchases, which is a central issue for the outlook on precious metals. In this episode, we focus on the news from the Middle East, as well as the status of gold and LNG markets.   Speakers:  Otar Dgebuadze, European Natural Gas Greg Shearer, Head of Base and Precious Metals Strategy   This podcast was recorded on July 17, 2026.   This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5364444-0, https://www.jpmm.com/research/content/GPS-5363056-0 and for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2026 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party.  

A leading Irish charity has described progressing legislation that would enable the construction of an LNG terminal in Clare as "nonsensical and morally indefensible". Trócaire is arguing the passage of the bill that would facilitate the development of a strategic emergency gas reserve in Cahiracon near Kildyart is at odds with Ireland's climate obligations. A 2024 study found that liquefied natural gas, would is intended to be the fuel of the reserve, emits 33% more greenhouse gases than coal in terms of its 20-year global warming potential. Trócaire Climate Justice Policy and Advocacy Advisor, Sinéad Loughran, believes Ireland needs to take its climate obligations more seriously.

On today's Morning Edition, the second special session on the LNG has ended, with the bill failing before ever reaching the governor's desk. We'll tell you what this means for lawmakers in Juneau and what's next. Plus, a terrifying moment that could have ended tragically: a boat taking on water with passengers on board. We'll tell you how the Coast Guard, and good samaritans, helped avoid disaster.

On this Thursday, proponents for the LNG pipeline bill said the key for its creation is dead after the House vote ended in a 19-19 tie. Three dozen people on board a tour boat in Southeast Alaska were rescued Thursday after the vessel started taking on water, U.S. Coast Guard officials said.   The 2026 World Eskimo-Indian Olympics (WEIO) are in their second day at the Carlson Center in Fairbanks, as spectators gather to watch athletes compete in sporting events that celebrate Alaska Native culture and survival skills.

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.volts.wtf/subscribeMost of the energy decisions that touch daily life in America get made in state legislatures, and the people making them are increasingly new to the job. In smaller states, a freshly elected lawmaker gets a pad of paper, no staff, and about 150 lobbyists at the door, then votes on billion-dollar energy budgets in a landscape where the technology changes faster than anyone can track. On this episode of Volts, David Roberts talks with Hawaii state Senator Chris Lee, co-founder of the Electric Innovation Initiative, a bipartisan network betting that education moves electrification faster than mandates: put lawmakers in front of working technology, connect them across state lines, and let affordability carry the argument where climate framing will not. As Lee puts it, "nine times out of ten, people just don't know what they don't know."Chapters:00:00 Introduction03:39 How electrification clicked: the 2008 iPhone moment06:10 The education gap: why the initiative exists11:35 Proxy staff and cross-state validation15:44 What lands on the tours: eVTOL to the data-center win-win20:51 Plain 'electrification': the bipartisan framing bet26:28 Climate hushing and Hawaii's two-track proof30:17 Policy that spreads: e-buses, heat pumps, RFPs37:37 Utility business-model reform: Hawaii's PBR law42:03 Affordability after the federal subsidies45:22 Hawaii under pressure: LNG and the Lahaina grid51:53 State power against federal hostility55:19 The ten-year vision and the closing advice

This week we had the exciting opportunity to travel to Lake Forest, California, to tour TAE Technologies' facilities and spend time with the company's CEO, Dr. Michl Binderbauer. Founded in 1998, TAE has spent nearly three decades pursuing one of the energy industry's most ambitious goals: commercializing a safe, sustainable, and economically viable source of fusion energy. With renewed momentum in the fusion industry, we thought it was the perfect time to visit TAE and better understand why many believe fusion's moment may finally be approaching. Our visit also marks the beginning of a California COBT series, where over the coming weeks, we'll highlight some of the state's innovative companies, technologies, and leaders. We will also touch on a challenge or two the state is facing. Stay tuned! In our discussion, Michl explains why he believes fusion has reached a true inflection point after nearly three decades of scientific and engineering progress. He outlines why TAE was founded with the “end in mind,” deliberately choosing the more technically challenging hydrogen-boron fuel cycle because it offered the best path to a commercially viable power plant rather than simply proving the science. We explore how advances in AI, machine learning, advanced computing, and materials science have accelerated development, why TAE believes commercial fusion is now measured in years rather than decades, and how the company is preparing to build its first demonstration power plant. We discuss TAE's innovative approach to commercializing technologies developed along the way, including its advanced power management platform that is finding applications in AI data centers, industrial facilities, and grid modernization. Michl shares his vision for fusion's role in delivering abundant, reliable energy to meet the world's rapidly growing electricity demand, the importance of recent U.S. regulatory reforms, the race with China to commercialize fusion, workforce and supply chain challenges, and why he believes fusion has become not only an energy opportunity, but also an economic and national security imperative. We look at what the next five years could look like for TAE, why hyperscalers, industrial customers, and the Department of War may become some of fusion's earliest adopters before widespread utility deployment, the company's long-term vision for a more distributed electric grid, and much more. It was a fascinating and wide-ranging discussion, and we greatly appreciate Michl for sharing his time and insights. To start the show, Mike Bradley noted that markets have been volatile this week. He highlighted that the cooler-than-expected CPI report sparked a rally in Treasuries, driving the 10-year yield down from roughly 4.65% to 4.55%, and said Wednesday's PPI report will be another important data point for the Fed. U.S. equities also moved higher, with the S&P 500 gaining approximately 0.5% on the back of the CPI report and strong bank earnings, while the Dow lagged following a sharp selloff in IBM shares after disappointing quarterly results. In commodities, Brent and WTI crude prices climbed roughly $8-$9/bbl this week following the collapse of the Iran-U.S. ceasefire and renewed disruptions through the Strait of Hormuz. He emphasized that today's challenge is less a global crude supply issue than a global refining problem, citing tight refined product inventories and the loss of roughly 1.5 million bpd of Russian refining capacity following Ukrainian attacks. He also highlighted that European natural gas prices have surged from approximately $16/MMBtu to $19/MMBtu as storage levels remain 20%-25% below seasonal norms and buyers compete for LNG cargoes. Mike noted that Energy is the best-performing S&P 500 sector this week, up approximately 3%, as investors turn their attention to second-quarter oilfield services earnings. He also highlighted the newly announced strategic alliance between SLB and Liberty Energy focused on data center infrastructure and power solutions, noting that similar partnerships are likely to become increasingly common across the energy sector.

Ben Cook explains why geopolitical tensions have created strong support for oil prices and could push crude toward $100 per barrel. He also highlights the growing demand outlook for U.S. natural gas, pointing to Williams Companies (WMB) and EQT Corporation (EQT) as potential beneficiaries of LNG exports and expanding data center infrastructure.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

The biggest risks in energy may still lie ahead.In this episode of Energy Espresso, Jim Wicklund sits down with Marshall Adkins, Managing Director and Head of Energy Investment Banking at Raymond James, to discuss how the Iran conflict, Strait of Hormuz concerns, and shifting global demand have driven oil prices back toward $75.Is the market underestimating what comes next? They explore why crude prices remained relatively resilient despite supply disruptions, China's role in balancing the market, and what's next for oil, inflation, and U.S. production. The conversation also highlights the long-term growth outlook for natural gas, fueled by LNG exports, data centers, and expanding energy infrastructure.00:00 Welcome And Setup00:52 Ceasefire Ends Oil Jumps03:17 Supply Losses And Skepticism05:44 Unprecedented Disruptions06:52 China Demand Management09:46 Refinery Outages Crack Spreads11:10 Why Oil Stayed Low12:42 Inventory Math Breakdown16:52 Tank Bottoms Explained20:12 Politics And SPR Refill21:04 Glut From Trapped Barrels23:41 Hormuz Control And Iran25:51 Iran Regime And Public Optics27:01 IRGC Survival Logic27:54 Hormuz Rerouting Timeline29:09 Product Shortages Inflation30:35 Trump Middle East Leverage32:06 Drill Baby Drill Limits34:55 Oil Market Glut Dynamics37:21 Gas Demand Surge Ahead44:13 Pipelines Unlock Supply47:42 Energy Powers Growth51:57 Final Takeaways Volatility

Today's Cruise News weighs cruise industry growth against rising environmental scrutiny. A University of Southampton study links ultrafine particles from cruise ships at the Port of Southampton to lung cell inflammation, pointing to metals such as vanadium measured near the terminals. Carnival Cruise Line begins construction on Carnival Destiny, the first of its LNG-powered Ace class at roughly 230,000 gross tons, at Fincantieri's Monfalcone shipyard in Italy, with delivery set for summer 2029. And the Port of Galveston's Cruise Terminal 16 earns LEED Silver certification, reusing about 85 percent of former warehouse structures to handle up to 5,000 passengers. Together the stories trace what growth, green pressure, and future sailings may look like for passengers.

Ottawa's “Buy Canadian” procurement policy is sending the bulk of its contracts to foreign-owned firms — a loophole driven by how loosely “Canadian” is defined and by trade rules that limit how much the federal government can play favourites. Plus, the defence world is in full drone mode as Ottawa sets up a new testing hub in Quebec to accelerate homegrown drone and counter-drone tech.In the big picture: IBM's brutal earnings day wipes out tens of billions in market value, DeepMind's Demis Hassabis calls for a frontier AI regulator, and five First Nations groups move to take a majority stake in major LNG export infrastructure.The Peak Daily is produced in partnership with reframevid.com

Jacob sits down with J Mintzmyer of Value Investors Edge for a shipping deep-dive (but of course it's a geopolitics lesson in disguise). Mintzmyer argues the industry has barely changed in eleven years, most of the efficiency gains, double hulls, eco-designed vessels, LNG boil-off fixes, were locked in over a decade ago, leaving only regulation to move the needle. The two dig into why the US lost shipbuilding to Japan, Korea, and now China, how the Jones Act complicates the picture, and why America's real shot at relevance lies in owning and financing vessels, not building them.--Timestamps:(00:00) - Welcome and Setup(01:20) - Meet J Mintzmyer(02:38) - Shipping for Dummies(06:24) - How Shipping Demand Works(08:30) - Has Shipping Changed(16:48) - US Shipbuilding Decline(26:14) - Tonnage Tax Loophole(27:15) - Make US Shipping Competitive(27:54) - Finance Incentives Not Sanctions(28:56) - Why US Shipbuilding Lags(31:31) - China Shipbuilding Dominance(44:36) - Automation And Future Innovation--Referenced in the Show:Twitter: https://x.com/mintzmyerWebsite: www.vieresearch.comBox book: https://www.amazon.com/Box-Shipping-Container-Smaller-Economy/dp/0691170819Chinese automated shipyard (video): https://youtu.be/RXr03aRF_p8?si=1cjIBZaFeTTqhutD--Jacob Shapiro Site: jacobshapiro.comJacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416Jacob Twitter: x.com/JacobShapJacob Shapiro Substack: jashap.substack.com/subscribe --The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com--Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today's volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.--Mentioned in this episode:Check out Marketplace Morning Report!If you're enjoying the Jacob Shapiro Podcast, make sure to check out Marketplace's Morning Report! The team gives you the economy without the anxiety, in the amount of time it takes to brew a cup of coffee. Learn more at: www.marketplace.org/shows/marketplace-morning-report

A man was hospitalized early Tuesday morning with what police are calling life-threatening injuries near an east Anchorage elementary school. The murder trial of Rhadames “Nino” Marmolejos Jr. continued this week in Anchorage, with prosecutors accusing the 34-year-old of killing 48-year-old Oscar Garcia during a confrontation over a $550 drug debt. Lawmakers have until Sunday, July 19, to pass a plan to provide sweeping property tax exemptions for the developer, Glenfarne, of the proposed 807-mile LNG pipeline; a plan they say can make the pipe dream a reality. The bill has been tossed back and forth between committees and chambers for months.  

Tetragon Energy has just listed on the ASX. It holds some highly prospective acreage off the Philippines coast. It aims to bring in a big multinational partner to help fund the exploration program, in the hope of making a major oil and gas discovery. Guest Bio Conrad Todd is Managing Director of Tetragon Energy (ASX: TET), a newly listed Southeast Asian-focused oil and gas explorer targeting large-scale gas discoveries offshore and onshore the Philippines. He brings more than 44 years' experience in oil and gas exploration and development, having held senior technical and management roles including Exploration and Development Manager for Cooper Energy in Australia and for Lundin in Malaysia, Chief Geophysicist and New Business Manager for LASMO in Indonesia, and Chief Geophysicist for Occidental in Oman. At Lundin, he led the subsurface team behind a complex mixed oil and gas field producing 20,000 barrels of oil per day, while at Cooper Energy he ran the geoscience department through a period in which the company's market capitalisation grew from $20 million to $200 million. Conrad was Managing Director of Triangle Energy (ASX: TEG) from 2022 to 2026, and led the spin-out of its Philippines assets to form Tetragon Energy. He has also worked in mergers and acquisitions and reserve auditing for RISC, co-founded Vizier Energy Consulting, and served as a Non-Executive Director of Pilot Energy. Produced by Resource Media The Hole Truth: Mining Investment Podcast is a product of Read Corporate. Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions. Links The Hole Truth LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast The Hole Truth YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC The Hole Truth Website: https://resourcesrisingstars.com.au/the-hole-truth-podcast/ The Hole Truth Instagram: https://www.instagram.com/theholetruthpodcast/ Company Website: https://www.tetragonenergy.com.au/ Key Insights Tetragon's Sulu Sea permits sit inside a proven, underexplored Borneo-style petroleum province Tetragon holds a 37.5% operated interest in SC-80 and SC-81, two deepwater blocks in the southern Sulu Sea directly adjacent to Borneo, a basin that has already yielded billions of barrels of oil and hundreds of trillions of cubic feet of gas. The blocks already contain two undeveloped discoveries totalling roughly 470 billion cubic feet of gross 2C gas resources, drilled by ExxonMobil between 2008 and 2010 before Asian gas prices collapsed in 2014-15. With regional gas prices now roughly three times higher, Todd says the economics of these existing discoveries have changed substantially. The Halcon prospect anchors a potentially company-making exploration target The largest prospect on the permits, a basin floor fan named Halcon, carries a conservatively estimated most-likely recoverable resource of 2.7 trillion cubic feet of gas. Around 4,000 square kilometres of existing 3D seismic data is being reprocessed using modern techniques, a process expected to take about a year and materially sharpen the company's confidence in both the discovered gas and the exploration upside. Todd expects an updated, likely larger, resource estimate for Halcon within the next few months. A farm-out to a major, not drilling success, is the first re-rating catalyst Because the blocks sit in 1,500-2,500 metres of water, Tetragon cannot fund a well on its own and is instead targeting a farm-out to a major or supermajor such as Petronas, Eni or Shell. Todd points to comparable ASX-listed companies with 3D-seismic-defined exploration plays that have re-rated by up to ten times their market capitalisation simply on securing a partner prepared to fund drilling, well before any well is spudded. The onshore Cagayan Basin project offers a faster, lower-risk path to cash flow Tetragon's 100%-owned onshore permit, SC-82 on Luzon, 250km north of Manila, hosts the Nassiping-2 gas discovery, first drilled in 1984 and later flow-tested by another operator. With Manila's power grid short of gas and a high-voltage line just 700 metres from the well site, Tetragon plans to firm up the resource with seismic or airborne gravity and magnetics work and a single follow-up well costing about $8-9 million, then generate and sell electricity on site rather than build a 250km pipeline to Manila. First-pass economics put the value of this project at $90-150 million. A clean spin-out structure and a strong ASX debut give investors direct leverage to the Philippines story Tetragon was spun out of Triangle Energy (ASX:TEG) via an in-specie distribution, with Triangle shareholders holding half of the new company alongside $4 million raised in an IPO priced at 20 cents a share. The stock listed this week and closed its first day at 25 cents. Todd notes the Philippines government is actively courting international explorers, offering domestic gas producers LNG-equivalent pricing, a starkly different regulatory stance to Australia's east coast gas reservation debate.  

The Iran deal is dead again, ships are getting hit in the Gulf, and the ten year is back above four point five five. Marty and John sort through the latest Middle East escalation, why both sides actually want the conflict to keep going, and what it means for oil, LNG, and bond volatility. They dig into Japan's thirty year yield highs and the delicate balance the BOJ is walking, Mohamed El-Erian vouching for Bessent's industrial policy in the New York Times, and why the MOVE index might matter more than the absolute rate level. They also cover Circle's bank charter approval, the OpenUSD consortium bringing Wall Street and Silicon Valley together around the digital dollar, and the growing turf war over who gets to run America's strategic Bitcoin reserve.

WATCH the video on Substack by clicking the play button above or on YouTube (here).STREAM audio only on Apple Podcasts (here), Spotify (here), or your favorite podcast player app.DOWNLOAD a pdf of a moderately edited transcript using the blue Download button below.We are back from a week off celebrating America's 250th birthday and ahead of some upcoming travel over the remainder of July. We are planning to do a series of videos over the next few weeks on our takeaways at this juncture of the ongoing Strait of Hormuz Crisis. As usual, our focus will be on the longer-term themes and implications, rather than attempting a play-by-play of current events. In fact, as we are recording this on Wednesday July 8, there are renewed military strikes happening, President Trump has been quoted as saying the 14-point MOU signed in mid-June is over, and oil prices are rallying in response. Going forward, we expect lots of twists and turns for crude oil, refined products, and LNG markets as regional turmoil dials up and dials down. It is all part of our broader Geopolitical Super Vol mega theme. Even so, there are some long-term takeaways from this crisis that are emerging, which is the focus of these videos. We start the series this week by reflecting on the top surprises and non-surprises at this juncture of the crisis. We have three main surprises around crude oil, refining, and the health of the broader economy and stock market as well as several non-surprises that relate to those topics that we will run through. Timestamps: 0:00 Introduction 2:03 #1 Surprise: Impact of China's import reductions on crude oil 8:42 #2 Surprise: Refining most disrupted from geopolitical turmoil 12:38 #3 Surprise: Resiliency of AI trade and S&P 500 15:16 On A Personal Note – World Cup Surprises and Non-Surprises

In the 23 days since the US and Iran agreed to a ceasefire, strikes have returned, following a familiar pattern: Iran attacks vessels using an internationally backed sea lane in Omani territorial waters, the US retaliates against Iranian military infrastructure, and Iran strikes back at US bases across the region. This week, alongside funeral processions for the assassinated Ayatollah Ali Khamenei, both physical and verbal attacks escalated. Yet, both the US and Iran are still signaling they prefer diplomacy over a return to full-scale war. Despite this week's events, Brent crude oil prices are only $5 above levels that preceded the war. Some 200 million barrels of oil stranded on vessels and in storage have managed to exit the straits since late May. But this crisis is far from over. Inventories of crude oil and oil products have been severely depleted. The trapped oil that has exited Hormuz represents only several weeks of supply, perhaps eight million barrels per day of production remain shut in, and Qatar has yet to restore its LNG production. Today, host Daniel Sternoff sits down with Center on Global Energy Policy experts Anne-Sophie Corbeau and Karen Young to consider the near- and long-term outlook for energy markets. They discuss what's at stake for Iran, how renewed strikes impact traffic through the Strait of Hormuz, and how a sustained uptick in hostility could impact the LNG market heading into winter. Credits: Hosted by Jason Bordoff, Bill Loveless, and Daniel Sternoff. Produced by Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Gregory Vilfranc.  

“Navajo Highways”, a children's show using puppets to teach youth the Diné language, recently won Emmys gold. KJZZ's Gabriel Pietrorazio caught up with the creator and has more. After just a single season that included six episodes and a Christmas special, “Navajo Highways” won one regional Emmy award for informational-instructional content and another for best set design. “I really wanted it for the crew – the crew who believed in me – and I wanted them to feel validated that I wasn't just some crazy kook that came up with the puppet show, you know.” Utah-based creator Pete Sands, who films in Moab, says he is still awestruck, even weeks after coming back from the La Jolla ceremony. “I guess I've been out of the artist world, living in my own bubble for so long. Dipping a toe back into it, I was like, ‘Yeah, I kinda like my Utah life, keeping to myself.' And our culture is still alive.” The Star Princess in Ketchkan, Alaska, May, 2026. (Courtesy Carnival) An Alaska cruise ship recently set sail powered by liquid natural gas (LNG), the first cruise vessel in the state to do so. The Alaska Highway ferry system, which serves as the state’s public transportation network, hopes to follow suit, but operational and funding challenges have created obstacles, as Mark Moran reports. The Alaska cruise ship industry leaves a sizable carbon footprint with its emissions. The maiden Alaska voyage of the Star Princess this spring was powered entirely by LNG, which the industry says is “as clean as it gets.” Harly Penner, president of Seaspan Energy, which fuels giant, clean-burning ships, says using LNG in large vessels reduces potent and toxic emissions, like nitrogen (NOx) and sulfur oxides (SOx). “Those are the carcinogens that live in our port and most important to the people in those port communities. The NOx, the SOx, and the black carbon are greatly reduced.” At this point, Alaska Marine Highway still has no ferries operating on natural gas or any other alternative fuel, but they say the fleet will be designed to do so in the future. The agency is reliant on state funding for any upgrades, which has dwindled in recent years. Penner says engine, scrubber, and emissions technology on large vessels will continue to evolve, and believes LNG is the most effective way to reduce emissions among large fleets. Companies must measure the costs of retrofitting ships to run on LNG while balancing the pillars of environmental, social, and economic sustainability. “If you knock one of those pillars out, you really have a hard time making that sale in the boardroom. And one of those pillars is financial viability. Like, if you’re not financially viable, it’s hard to make a sustainable decision on that.” Data from the International Maritime Organization estimates that in the next three years, between 1,600-1,700 vessels will be powered completely by LNG. This introductory video from the ongoing exhibit “Nation to Nation” at the Smithsonian’s National Museum of the American Indian was named in the White House report. On the heels of America's quarter millenial, the White House is questioning the world's largest museum and its depiction of the U.S. being founded on stolen Indigenous land, as Judith Ruiz-Branch reports. The nearly 200-hundred page report was quietly published over the holiday weekend. It criticizes exhibits in the Smithsonian Institution for reinforcing narratives that the U.S. government forcibly pushed Indians from their ancestral lands. The White House argues these interpretations place too much emphasis on racial injustice while downplaying the nation's founding ideals and accomplishments, but Native scholars like Dan Lewerenz contend land dispossession and treaty violations are essential parts of the American story. “I think it’s important to remember history accurately. A part of that is remembering for purposes of the Declaration of Independence, Indians were sort of used as a propaganda tool by the colonists.” Lewerenz argues the United States has long used American Indians to serve its interests and agendas. The report was issued as part of President Donald Trump's effort to reshape how federally supported institutions are presenting American History. Experts say it sets the stage for further heightened debate over how U.S. history is told and who gets to be included. Although North Dakota's history also involves a painful past for Native people, Lewerenz says the state has made strides in repairing past harms and improving relations with Indigenous people. He says efforts like the Government to Government conference and policies to improve Tribal programs all point to a growing partnership. “Tribal sovereignty and the ability of tribes and tribal members to govern their own communities and live by their own ways has sometimes been respected and sometimes not. But tribes have to remain hopeful.” As part of the newly unveiled Theodore Roosevelt Library in Medora, N.D., a medicinal garden marks a renewed dedication to Tribal alliance. Library trustees say the monument does not ignore Roosevelt’s racist views on Indigenous people, but confronts history honestly with a call to honor and commit to a more vibrant future. Get National Native News delivered to your inbox daily. Sign up for our daily newsletter today. Download our NV1 Android or iOs App for breaking news alerts. Check out today’s Native America Calling episode Friday, July 10, 2026 — New report: Native student discipline disparities persist at New Mexico school district

Efforts to develop a new LNG export terminal along the Delaware River near Philadelphia appeared to be going nowhere. But now it seems that Penn America Energy's moribund plan for such a project has gained new life with a new company name and a new site — in Eddystone Borough, PA.

GET HEIRLOOM SEEDS & NON GMO SURVIVAL FOOD HERE: https://heavensharvest.com/wam USE Code WAM to save 25% plus free shipping! USE Code WAM50 for 50% off on select items like the #10 cans & MRE packs! Pledge here! Just a dollar a month can help keep us alive! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 EXCLUSIVE replays of hour plus long live shows are available here at $5 a month or more! BUY GOLD HERE: https://firstnationalbullion.com/schedule-consult/ Avoid CBDCs! GET 10% OFF ON SHILAJIT FROM DR. KAUFMAN WHEN YOU USE CODE WAM10 HERE: https://medauthentica.com/discount/WAM10?redirect=/products/authentica-shilajit%3Fsca_ref=10867124.wrNV3jkYSaMg9 HELP SUPPORT US AS WE DOCUMENT HISTORY HERE: https://gogetfunding.com/help-keep-wam-alive/# Josh Sigurdson reports on the predictable continuation of war between The United States, Israel and Iran as the Strait of Hormuz is once again closed. We have been trying to drill it into people's heads for over a year now. There is no actual ceasefire in the script. The Iran War was set in stone decades ago with the 7 Country Plan. Today, Iran continues to get pummeled by US bombs at 170 targets as Iran strikes Kuwait, Bahrain, Qatar and Jordan in retaliation. President Trump claims there may not be a deal at all. Considering he said this would last 2 to 4 weeks, it's been 3 months and he claimed months ago that all of Iran's nuclear weapons were destroyed, this is clearly the continuation of the nefarious actions against the Middle East we've been seeing for decades. There is absolutely no honesty in the propaganda reported by the US government and media. This is leading to what is being called a "deepening dark trend" with the destruction of the global supply chain. Farmers can't get fertilizer unless they spend big money. Food prices are skyrocketing. Gas prices are skyrocketing (again). Iran has been sending out emergency oil and gas reserves in anticipation of potentially months of fighting. Qatar is halting their push to ramp up LNG production after more attacks in the Strait of Hormuz. Meanwhile, President Trump is blaming gas retailers for the high prices. What? On top of all of this, data centers are being used in warfare now, making decisions on the battlefield utilizing AI. We are entering into a vastly Orwellian technocratic future with digital IDs and rations under the guise of "emergency orders." These orders will ensure food rations, grid rations and social credit systems. These systems are currently already developed and being written into law. This is the "reset." Stay tuned for more from WAM! GET YOUR WAV WATCH HERE: https://buy.wavwatch.com/WAM Use Code WAM to save $100 and purchase amazing healing frequency technology! Get Your SUPER-SUPPLIMENTS HERE: https://vni.life/wam Use Code WAM15 & Save 15%! Life changing formulas you can't find anywhere else! Get local, healthy, pasture raised meat delivered to your door here: https://wildpastures.com/promos/save-20-for-life/bonus15?oid=6&affid=321 USE THE LINK & get 20% off for life and $15 off your first box! DITCH YOUR DOCTOR! https://www.livelongerformula.com/wam Get a natural health practitioner and work with Christian Yordanov! Mention WAM and get a FREE masterclass! You will ALSO get a FREE metabolic function assessment! GET YOUR APRICOT SEEDS at the life-saving Richardson Nutritional Center HERE: https://rncstore.com/r?id=bg8qc1 Use code JOSH to save money! PayPal: ancientwonderstelevision@gmail.com FIND OUR CoinTree page here: https://cointr.ee/joshsigurdson PURCHASE MERECHANDISE HERE: https://world-alternative-media.creator-spring.com/ JOIN US on SubscribeStar here: https://www.subscribestar.com/world-alternative-media For subscriber only content! BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU World Alternative Media 2026

For most of 2026, the story at the Waha hub in West Texas was a grim one of negative pricing, with Permian producers paying offtakers to clear out their natural gas. The narrative flipped in mid-June when Kinder Morgan's Gulf Coast Express Pipeline expansion came online, propelling prices back to positive territory. As the market balances the first in what is expected to be a massive wave of pipeline capacity additions against an evolving, gassier production mix, the big question remains: Has the notorious Permian boom-and-bust cycle finally met its match? In this episode of Hub & Flow, NGI sits down with East Daley Analytics Senior Director Jack Weixel to unpack the structural shifts redefining West Texas energy infrastructure. The conversation covers how systems, such as the Blackcomb and Matterhorn Express pipelines, are extending Waha's fuse, why skyrocketing data center demand and LNG expansions mean producers are suddenly “playing with house money,” and how a lack of storage infrastructure could still trigger regional operational chaos during a major Gulf Coast storm.

In an era of unprecedented geopolitical tension and energy market volatility, Stu Turley of the Energy Newsbeat podcast sits down with Trisha Curtis, CEO of the Petro Nerds podcast, to dissect the forces reshaping global energy markets and international power dynamics. From Iran's desperate gambit to control the Strait of Hormuz to China's calculated investments in coal-to-oil synthesis, this conversation reveals how energy—not ideology or military might alone—is the true currency of geopolitical leverage.The hosts challenge conventional market wisdom, expose the hidden costs of net-zero policies, and make a compelling case that the United States possesses unprecedented energy advantages that policymakers and analysts have catastrophically underestimated. With Europe in energy decline, China preparing for conflict through energy resilience, and the Middle East in flux, this episode serves as a masterclass in understanding why energy security is national security, and why the decisions made today will determine which nations thrive and which fade into irrelevance.Check out the PetroNerds at https://www.youtube.com/@petronerds633 Connect with Trisha on LinkedIn https://www.linkedin.com/in/trisha-curtis-petronerds/1. Global Oil Market Volatility & Strait of Hormuz CrisisThe hosts discuss the unprecedented market volatility throughout the year, particularly focusing on the Strait of Hormuz and Iran's actions. They analyze how Iran's attacks on shipping and infrastructure represent desperation rather than strength, as alternative pipelines and routes are being developed by Saudi Arabia and the UAE to bypass Iranian control.2. Strategic Petroleum Reserve (SPR) ManagementA significant focus on how the U.S. and China are using their SPRs differently. Secretary Chris Wright is praised for using the SPR as a loan (requiring repayment) rather than a permanent release, which avoids budget cycle issues. The hosts note this strategy received insufficient market coverage.3. U.S. Oil & Natural Gas ProductionDiscussion of America's impressive production capacity—nearly 14 million barrels per day of crude oil and 136 billion cubic feet per day of natural gas. The hosts emphasize that the U.S. has significant leverage in global energy markets that isn't being properly appreciated or communicated.4. China's Energy Strategy & Geopolitical ImplicationsExtensive analysis of China's energy stockpiling, coal-fired power generation dominance (more than the U.S. total capacity), and investments in coal-to-oil synthetic manufacturing. The hosts interpret China's 2026 coal-to-oil investments as preparation for potential conflict.5. European Energy Crisis & DeclineCritical examination of Europe's energy policy failures, particularly the UK and Germany's abandonment of coal and nuclear power. The hosts highlight how net-zero policies have made Europe dependent on Russian LNG and created energy security vulnerabilities.6. Electricity Grid Reliability & Cost IssuesDetailed analysis showing that wind and solar installations increase electricity costs without improving reliability. The hosts present data showing blue states have 38% higher electricity prices than red states, correlating directly with renewable energy policies. They argue that baseload power (coal, natural gas, nuclear) is essential.7. ESG & Net-Zero Policy CriticismStrong critique of ESG metrics and net-zero commitments by major oil companies, arguing these policies increase costs without environmental benefit and represent a form of control rather than genuine sustainability.8. U.S. Manufacturing & Supply Chain ResilienceDiscussion of reshoring manufacturing and the importance of controlling the entire energy value chain—from crude extraction through plastics manufacturing—to reduce dependence on China and create a more resilient economy.9. NATO, Defense Spending & Geopolitical RealignmentAnalysis of NATO discussions, with criticism of European countries (particularly Spain) for insufficient defense spending and energy investment. Discussion of new trading blocs forming around the U.S., Saudi Arabia, UAE, Russia, India, and Japan.10. LNG Market DynamicsAnalysis of Qatar's LNG production disruptions and the broader natural gas market, including how Iran's attacks on LNG vessels represent attempts to control energy flows and how alternative infrastructure (floating LNG, pipelines) may bypass traditional chokepoints.The overarching theme is that energy security is fundamental to national security and economic prosperity, and current Western policies prioritizing net-zero over reliable, affordable energy are strategically disadvantageous compared to competitors like China.This will be more in line with a new series covering the global energy policies and insights from Trisha. Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/

In today's episode of Trending Middle East, air raid sirens sound across Bahrain, Qatar and Kuwait after Iran launches missile and drone attacks. Washington launched another round of strikes on Iranian military targets, while President Donald Trump says Tehran wants to make a deal but questions whether it can be trusted to honour one. We also examine the growing impact on global trade as shipping through the Strait of Hormuz slows to a near standstill. Vessel traffic has dropped sharply, LNG movements remain largely suspended and electronic interference is once again affecting navigation in the Gulf of Oman. In Syria, officials tell The National they believe remnants of the Assad regime were behind the recent bomb attacks in Damascus, saying the aim was to undermine the country's recovery and the prosecution of former regime figures. We also have the latest from Pakistan, where search teams have recovered the wreckage of the cargo plane that crashed into the Arabian Sea after departing Sharjah, as efforts continue to locate the five crew members. And despite months of regional conflict, Dubai's economy continues to expand. Official figures show GDP grew by 2.4 per cent in the first quarter, underlining the resilience of the emirate's diversified economy. Trending Middle East is AI-assisted, using original reporting published in The National and curated and edited by humans.

Delhi is taking one of the world's biggest steps toward cleaner transportation by banning new gas-powered rickshaws and motorcycles, while Great Britain approves its first new pumped hydro projects in four decades—including one connected to the legendary Loch Ness. Plus, climate change is driving a dangerous invasive puffer fish into the Mediterranean, and the Lightning Round returns with the week's biggest clean energy and climate stories. Join us on Patreon for exciting perks! In this episode: Delhi bans new gas rickshaws starting in 2027 and fossil fuel scooters and motorcycles in 2028 as it ramps up EV charging infrastructure. Great Britain approves its first new pumped hydro projects in 40 years, bringing long-duration energy storage back into the spotlight. Greece offers a bounty on invasive toxic puffer fish as warming seas reshape marine ecosystems. Why pumped hydro acts like a giant battery—and why it's becoming important again. The Lightning Round Germany records thousands of excess deaths during the late-June heat wave. UK heatwave leaves millions struggling to sleep. U.S. car payments hit a record high. CATL rapidly expands battery swapping for heavy-duty trucks. More than 20 wind turbines damaged by extreme winds in South Dakota. What remains of the U.S. Inflation Reduction Act. China's electric cargo ship fleet continues rapid growth. Pakistan's rooftop solar boom forces the cancellation of LNG imports. Contact Us cleanenergyshow@gmail.com or leave us an online voicemail: http://speakpipe.com/clean Support The Clean Energy Show Join the Clean Club on our Patreon Page to receive perks for supporting the podcast and our planet! Our PayPal Donate Page offers one-time or regular donations. Store Visit The Clean Energy Show Store for T-shirts, hats, and more!. Copyright 2026 Sneeze Media

Whoever you ask, you are likely find broad agreement that the world needs more energy infrastructure. Whether you are worried about ensuring secure supplies, powering new data centres, or cutting greenhouse gas emissions, the answer is most often going to be investing in new assets: power plants, transmission lines, factories, pipelines, ports… the list goes on. But all too often, getting big projects built is painfully slow, expensive and unpredictable. It is particularly difficult in high-income countries, and perhaps in the US most of all.For this episode, host Ed Crooks and regular guest Dr. Melissa Lott are joined by Craig Albert, the President and COO of Bechtel, one of the world's biggest engineering and construction companies. Together, they discuss the critical problems that get in the way of infrastructure projects, and what businesses and governments can do to get past them.First off, Craig acknowledges that the problems in the system all reflect good intentions. Communities, safety, the environment and local impacts all deserve scrutiny. The problem, especially in the US, is that the process used to take all those factors into account when approving large projects is slow, fragmented and uncertain. The result is that it pushes up costs, delays revenue, creates financing risk, and ultimately slows progress towards energy security and a lower-carbon energy system.The conversation digs into the role of trust and certainty in decision-making. Once a project has been assessed and approved, how do you stop it from being endlessly revisited? Craig argues that some aspects of the US system create particular difficulties. Other developed countries have shown that infrastructure projects can be brought in on time and on budget. Craig cites the Western Sydney International Airport project, which moved from site selection to full construction approval in just two and a half years. In the US, he says, the same process could easily take eight to ten.The discussion then turns to nuclear power, and the lessons from the two new AP1000 reactors built at the Vogtle plant in Georgia. Craig calls Southern Company and Georgia Power “national heroes” for taking on the first greenfield US nuclear project in decades, but he is candid about what went wrong. His biggest takeaway is the importance of deeply integrated EPC: engineering, procurement and construction working as one system from the start. He also stresses the need for earlier investment in workforce training, stronger supply-chain visibility and better sequencing to reduce costly reworks.From there, Ed and Melissa widen the lens to look at other energy sectors. Craig explains why the US LNG industry offers a more hopeful model of projects delivered without huge cost overruns and multi-year delays. In that industry the construction companies are building repeated, standardised projects, with integrated delivery, and a relentless focus on finding and fixing bottlenecks. Bechtel has delivered dozens of LNG trains, he says, all on schedule and within budget, while still improving speed from one project to the next. Similar lessons apply in solar, where scale, automation and better execution are helping push installation rates sharply higher.But policy and project design are only part of the story. Craig argues that workforce is the other great constraint. If every new power plant, grid upgrade, semiconductor fab and airport ultimately depends on skilled craft labour, then the US has to start treating those jobs with the respect they deserve. Restoring the status of skilled trades is not just a cultural issue. It is essential to the country's ability to build, Craig says. The closing message is both practical and cautionary: if the US wants more energy security, more electricity for AI and data centres, and faster progress on decarbonisation, it has to get much better at building. That means fixing permitting, reducing project uncertainty, investing earlier in supply chains, and treating skilled labour as a strategic asset, rather than an afterthought.This episode of Energy Gang is brought to you by ENGIE, the smarter energy supplier. ENGIE doesn't just provide the power to run your business — they supply the energy to move it forward, with reliable, flexible solutions built for what's next. Learn more at engieresources.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week, the podcast starts with news on the West Coast oil pipeline. On July 2, Prime Minister Mark Carney and Alberta Premier Danielle Smith announced that a pipeline project exceeding 1 MMB/d was ready to be submitted to the Major Projects Office. Earlier that same day, PM Carney and B.C. Premier David Eby announced a Canada–B.C. Cooperative Prosperity Agreement, and, as part of the broader economic agreement, B.C. would not oppose a southern marine terminal for the oil pipeline. On July 6, there was more pipeline news, with Ontario Premier Doug Ford and Premier Smith announcing an early-stage feasibility study for a pipeline connecting Alberta to Ontario's refining region in Sarnia.  Peter and Jackie then welcomed Michele Harradence, Enbridge's Executive Vice President and President, Gas Distribution and Storage, and the new Chair of the Board of the Canadian Gas Association (CGA), to the podcast. Peter and Jackie asked Michele about municipal bans on natural gas, the role of natural gas in cold-climate reliability, and natural gas's GHG emissions. They also discussed the outlook for North American natural gas demand growth, including demand from AI data centres, and whether supply can keep pace. Finally, they compared the regulatory process for major projects in Canada with that in the United States. Content referenced in this podcast: Canada and British Columbia's new cooperative prosperity partnership (July 2, 2026) Canada and Alberta advance west coast pipeline project proposal and Pathways Project Carbon Capture Initiative (July 2, 2026) Prime Minister Mark Carney forward guidance video on Canada's energy future (June 30, 2026) ARC Energy Ideas heat pump podcast “Decarbonizing heat: Are air-source heat pumps the solution for Canada? (June 11, 2024) Ontario unveils proposed route for Northern Shield Energy Corridor (July 6, 2026) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/Check us out on social media:X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research InstituteSubscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

In today's episode of Trending Middle East, US President Donald Trump heads to the Nato summit in Turkey, where Iran, defence spending and support for Ukraine are expected to dominate discussions. European allies are also expected to outline new contributions to security in the Strait of Hormuz. In Iran, millions of mourners are expected to take part in the funeral procession for former supreme leader Ayatollah Ali Khamenei, as a week of ceremonies continues before his burial in Mashhad. We also look ahead to a landmark visit to Damascus, where French President Emmanuel Macron is expected to become the first European Union leader to visit Syria since President Ahmad Al Shara came to power, with talks focused on investment, reconstruction and regional co-operation. In business, Adnoc launches a new global LNG marketing and trading platform in Abu Dhabi as it expands its role in international energy markets and prepares to significantly increase its liquefied natural gas exports. And the UAE takes another step in its digital economy, with the country's dirham-backed stablecoin becoming available on regulated trading platforms, making digital payments more accessible for consumers and businesses.

Day 1,589.Russia's fuel crisis continues, to the intense frustration of ordinary Russians, and to the delight of Ukrainians, who are trolling Russians by flooding a fuel availability app with fake reviews. After Ukraine's attack on the NORSI oil refinery in Kstovo, 800km inside Russia, Alex Nichol reports on how Kyiv is shutting down more energy facilities in occupied areas. Adelie dives into reports that Moscow is planning an attack on Poland and the Baltics to test Nato. Plus, authorities in Germany have just accused Kyiv of sanctioning the 2022 Nord Stream pipeline attack. Finally we hear from Dr Jade McGlynn, occupied territories expert, on what comes next for Crimea – isolation or liberation?Contributors:Adelie Pojzman-Pontay (Host on Ukraine: The Latest). @Adeliepjz on X.Alex Nichol (Telegraph journalist).Dr Jade McGlynn (Occupied Territories Expert, King's College London).Producer: Rachel PorterSenior Producer: Lilian FawcettVideo Producer: Sophie O'SullivanSocial Producer: Tom SteedStudio Director: Meghan SearleExecutive Editor: Francis DearnleyCreated by David KnowlesNOW IN FULL VIDEO WITH MAPS & BATTLEFIELD FOOTAGE:Every episode is now available on our YouTube channel shortly after the release of the audio version. You will find it here: https://www.youtube.com/@UkraineTheLatest CONTENT REFERENCED:Russia planning attack on Poland to test Nato resolve, US warns (The Telegraph)https://www.telegraph.co.uk/world-news/2026/07/03/russia-planning-attack-on-poland-test-nato-resolve-us-warns/Ukrainian refugees face eviction amid Poland and Kyiv spat (The Telegraph)https://www.telegraph.co.uk/world-news/2026/07/02/ukrainian-refugees-face-eviction-amid-poland-kyiv-spat/EU shipyard races to service Putin's LNG fleet before sanctions bite (Politico)https://www.politico.eu/article/eu-shipyard-races-to-service-russia-vladimir-putin-lng-fleet-before-sanctions-bite/The ‘Waze of Petrol', according to Dr Jade McGlynnhttps://estbenzin.ru/Ukrainian Digital Media Archivehttps://duma.org.ua/EMAIL US:Contact the team on ukrainepod@telegraph.co.uk. We continue to read every message, and seek to respond to as many as possible.Thumbnail image credit: Unmanned Systems Forces of UkraineHIGHLIGHTS:Russia planning attack on Poland to test Nato, US warns as Ukraine strikes shut down oil refineries in occupied territories Hosted on Acast. See acast.com/privacy for more information.

You won't want to miss this episode with Jack Prandelli from Switzerland. As an international trader and Substack Author, Jack has been on target with his articles on global oil and Gas Markets. Check out The Merchant News Substack: https://themerchantsnews.substack.com/Follow Jack on X @jackprandelliConnect with Jack on LinkedIn: https://www.linkedin.com/in/prandelligiacomo/1. LNG (Liquefied Natural Gas) Supply & GeopoliticsThe hosts discuss Shell's report on increasing LNG demand and how the U.S. is positioning itself as the world's most reliable LNG supplier. Key points include:Damage to Qatar's Ras Lafanne facility (70% production loss) has shifted market dynamicsThe U.S. is signing long-term LNG contracts with Asian clients, displacing QatarEurope faces competition with Asia for U.S. LNG supplies due to lost Russian gasThis represents a major geopolitical win for the U.S.2. Critical Minerals & Copper Supply ChainExtensive discussion on copper's critical role in energy transition and manufacturing:Copper is essential for AI, green energy, and electrificationChina controls over 50% of global copper refining capacity, creating strategic dependencyThe U.S. lacks domestic processing infrastructure despite abundant lithium reservesThis supply chain vulnerability gives China significant leverage over Western economies3. Oil Prices & Trump's StrategyAnalysis of Trump's focus on lowering oil prices before midterm elections:Discussion of the "crack spread" (refining margin) and why lower crude prices don't immediately translate to lower gas pricesStrategic use of the U.S. Strategic Petroleum Reserve for exports and refiningComparison with China and India's government pressure on refineries to keep prices lowThe importance of reopening the Strait of Hormuz for oil transit4. India's Rising Oil Demand & Russia-India PartnershipIndia emerges as a critical player in global energy markets:India will lead global oil demand growth by 2050India increasingly imports Russian oil despite sanctionsA strategic partnership is forming where Russia exports crude to Indian refineries, which then supply Russia with refined productsThis relationship reduces Russia's dependence on China5. Geopolitical Realignment & Energy DominanceBroader discussion of shifting global power dynamics:The U.S. is reasserting control over South American oil resources (Venezuela, Argentina)China's strategic oil reserves strategy and patient approach to purchasingThe fragmentation of the world into competing trading blocs (U.S., China, Russia, India, Saudi Arabia)Soft power and hard power strategies in energy markets6. California's Energy Crisis & Renewable FailuresA cautionary case study on premature green energy transition:California's net-zero policies have devastated oil production (from 2,000 wells/year to 17 in 2025)Refining costs in California ($15/barrel) are 3x higher than Texas ($5/barrel)California now imports 40-60% of its diesel, jet fuel, and gasoline from AsiaOnly 6-7 refineries remain (down from 38), with more slated to close7. Renewable Energy Reality CheckCritical analysis of the renewable energy transition timeline:$10.2 trillion spent on wind and solar has only yielded 3% energy gainCurrent battery storage technology is insufficient for grid-scale implementationNuclear energy is more reliable but faces uranium supply chain concernsThe hosts advocate for lowest-cost, lowest-environmental-impact energy solutions8. Strategic Energy IndependenceOverarching theme about national security:Energy security must start at home with domestic productionEnergy dominance is demonstrated through exportsOver-reliance on foreign supply chains (especially China) creates vulnerabilitiesThe U.S. should leverage its oil and gas advantages while developing nuclear capacityThe podcast emphasizes that global energy markets are in flux, with the U.S. reasserting dominance, new trading blocs forming, and critical mineral/metal supply chains becoming geopolitical battlegrounds. The hosts argue that premature abandonment of fossil fuels without adequate alternatives is economically and strategically dangerous.Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/

The federal and B.C. governments made a major energy announcement Thursday. The oil tanker ban on the North Coast stays, and B.C. gets significant funding for infrastructure and LNG. That means any oil pipeline from Alberta would likely have to take a southern route. We asked what you think of a potential pipeline to the South Coast, as CBC provincial affairs reporter Katie DeRosa and UBC political scientist Kathryn Harrison join the show.

In this episode of the Energy Newsbeat Podcast, host Stu Turley sits down with Thomas Land, CEO of Myriad Uranium and J2 Metals, to explore the geopolitical battle reshaping global energy. While China aggressively builds dozens of nuclear reactors to power its AI dominance, the United States remains frozen in time with just 94 reactors—a legacy of fear dating back to Three Mile Island. But the real story goes deeper: it's about uranium enrichment, Russian fuel subscriptions, Arctic shipping routes, and how $10 trillion spent on wind and solar could have transformed the world with nuclear power instead. Land breaks down the uranium fuel cycle, reveals why silver is the hottest commodity on Earth, and challenges conventional wisdom about energy policy, Canadian leverage and the hidden beneficiaries of decisions like the Keystone XL pipeline cancellation. This is a must-listen for anyone trying to understand the true drivers of energy security, geopolitical power, and why the nuclear renaissance is just beginning.Connect with Thomas on his LinkedIn: https://www.linkedin.com/in/tdlamb/Check out Myriad Uranium https://myriaduranium.com/1. Uranium Industry & Nuclear EnergyThe podcast opens with an extensive discussion of uranium and the nuclear fuel cycle. Key points include:The uranium fuel cycle process (mining, conversion to uranium hexafluoride, enrichment via centrifuges, and fuel pellet creation)The distinction between uranium-235 (fissile, 0.7% of mined uranium) and uranium-238 (non-fissile, 99.3%)How uranium enrichment levels differ for civilian reactors (3-5%) vs. military/naval applications (higher concentrations)The U.S. has 94 active nuclear reactors while China is building dozens of new onesHistorical context: Three Mile Island (1979) halted U.S. nuclear expansion for decades2. Energy Geopolitics & Global CompetitionU.S. vs. China: China is winning the AI race partly because it has cheap electricity from nuclear power, while the U.S. lagsRussia's Nuclear Dominance: Russia exports nuclear reactors and maintains control through fuel bundle subscriptions and maintenance programsGermany's Energy Crisis: Germany shut down nuclear plants and coal plants, now relying on Russian gas—allegedly influenced by Russian geopolitical interestsEnergy Security: Control of Arctic shipping routes and LNG flows is critical to global power dynamics3. Renewable Energy vs. Nuclear Debate$10 trillion spent on wind and solar globally could have built 173+ additional nuclear reactors in the U.S. insteadDiscussion of the inefficiency and hidden costs of renewable energy production (coal pollution in China used to manufacture solar panels)The argument that nuclear is the most practical clean energy solution4. Silver Mining & Industrial MetalsThomas Land's second company, J2 Metals, operates a silver, gold, and antimony project in Mexico:Antimony is the hottest commodity globally, used in defense, advanced weapons, and fire retardantsSilver has tripled in price due to skyrocketing industrial demand (batteries, solar, servers, electrical equipment)Discussion of the gap between paper silver trading and physical silver delivery5. Canada-U.S. Relations & Energy TradeCanada's oil sands are critical to U.S. energy security, yet Canada underutilizes this leverageThe Keystone XL pipeline debate—Biden cancelled it on day one; speculation that railway companies (particularly Warren Buffett's interests) benefitedDiscussion of Canadian regulatory burden on oil drilling (which produces the cleanest oil in the world)Alberta's role in funding Canada vs. the reality that oil prices fluctuate6. Canadian vs. American Values & GovernanceCanada prioritizes "peace, order, and good government" vs. the U.S. "pursuit of happiness"Canadians have the wealthiest middle class globally and longer life expectancy, though fewer opportunities for extreme wealthDiscussion of different economic models and regulatory approaches between the two countries7. Geopolitical Strategy & DefenseArctic control and LNG pipeline politics (Siberia 2 pipeline negotiations)The suggestion that Canada should invite U.S. military bases (like Ramstein Air Force Base in Germany) to strengthen ties with the Trump administrationThe importance of not antagonizing the U.S. given Canada's military limitationsThe podcast essentially weaves together energy security, geopolitics, mining investments, and international relations, with uranium and silver as the central commodities driving global competition.Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/

Welcome to another installment of the ChinaTalk radio show! Today, we're diving into Taiwan's war on green energy. Shenanigans abound in this episode, including: The lights-out scenario — Taiwan only holds 11 days of LNG reserves, and 97% of the island's energy is imported, but the ruling party phased out nuclear and botched the renewable rollout anyway. The offshore wind graveyard — how made-in-Taiwan components drove developers to abandon the world's best offshore wind sites, The Taipower unbundling reversal — and the Kafkaesque system that keeps electricity prices dirt cheap despite the Iran war. “Green energy cockroaches” — why corruption is Taiwan's dirtiest secret, and how the Taiwanese public came to associate renewables with scandal, The nuclear U-turn — How President Lai Ching-te walked back forty years of "Non-Nuclear Homeland" orthodoxy to restart Taiwan's nuclear reactors. A transcript of this show with embedded source links is available on the ChinaTalk substack. This episode was produced by Lily Ottinger and Aqib Zakaria. Special thanks to "Jason Feng," Angelica Oung, Ricky Huang, Tsaiying Lu (DSET), and Yu-Hsuan Yeh (formerly of CSIS and DSET) for their time and expertise. Everyone's views are their own and don't represent any organization. If you want to learn more, check out Angelica's ongoing work on her two Substacks, Taipology and Elemental Energy. You can also check out Ricky's two podcasts, where he hosts cross-partisan debates about energy policy and more. "Jason's" voice was anonymized with ElevenLabs' text-to-speech tools. Finally, we know Angelica is a controversial figure, but we decided to interview her because, on energy policy specifically, her views are shared by a not-insubstantial portion of the Taiwanese public. [See: this poll which reported that 59% of the Taiwanese public didn't feel confident that Lai's administration could protect Taiwan from power outages, and this poll from June 2025 that shows a near-even split in public opinion for and against the non-nuclear homeland policy.]  Outro song lyrics: 「燈火 Taiwan」 (Lights of Taiwan) [Verse 1] The AC stopped humming on August day eight Aunties in the market, no fan on their face Eleven days of gas, forty-two of coal Then the island goes dark, and the story gets old O-lóng-mn̂g, o-lóng-mn̂g (黑黑暗暗, pitch black) We knew this would come, but we looked away [Pre-Chorus] Forty years they said hūi-hi̍k (非核, non-nuclear) Forty years of dreaming we could wish it all away But the strait is a wind tunnel, and the sun still shines While we burned the future for cheaper times [Chorus] Góa ê kò͘-hiong, lí kám ū thêng-thāu? (我的故鄉, 你敢有聽著? — My homeland, can you hear?) The Franken-reactor sleeps beneath the hill Crystal Yang drank the water, but the people got ill Góa ê kò͘-hiong, lí ài kiàⁿ-khí-lâi (我的故鄉, 你愛起來 — My homeland, you must rise) Not nuclear OR green — we need both to survive [Verse 2] Round 3.1, Round 3.2, localization chains RWE went home, EnBW felt the pain Yunlin's turbines turning, three times the cost While the lūi-chhù (綠能蟑螂, green cockroaches) ate what we lost Behind the meter, batteries wait Zero price auction — we sealed our own fate [Pre-Chorus] Taipower's black box, CPI's lie TSMC pays more so the auntie don't cry But the data centers can't grow, AI waits at the door While we argue if nuclear is sin or chó͘ (善或惡, good or evil) [Chorus] Góa ê kò͘-hiong, lí kám ū thêng-thāu? The Franken-reactor sleeps beneath the hill Crystal Yang drank the water, but the people got ill Góa ê kò͘-hiong, lí ài kiàⁿ-khí-lâi Not nuclear OR green — we need both to survive [Bridge] (Spoken, over soft piano) March 22nd, 2026 Lai Ching-te said the words nobody wanted to hear Kò͘-hiong needs power Not slogans, not pride, not forty years of fear [Final Chorus] Góa ê kò͘-hiong, lí kám ū thêng-thāu? The blockade is coming, the Hormuz is closed Spot market gas at 140% — who knows? Góa ê kò͘-hiong, lí ài kiàⁿ-khí-lâi Distributed and hardened, let the sun and wind rise With nuclear beside them — open both your eyes [Outro] O-lóng-mn̂g, mài koh o-lóng-mn̂g (黑黑暗暗, 莫閣黑黑暗暗 — Darkness, don't be dark again) Kiàⁿ-khí-lâi, Tâi-oân (起來, 台灣 — Rise up, Taiwan) Kiàⁿ-khí-lâi... ChinaTalk is an audience-supported publication. If you'd like to help us produce more content like this, please consider a paid subscription on Substack. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to another installment of the ChinaTalk radio show! Today, we're diving into Taiwan's war on green energy. Shenanigans abound in this episode, including: The lights-out scenario — Taiwan only holds 11 days of LNG reserves, and 97% of the island's energy is imported, but the ruling party phased out nuclear and botched the renewable rollout anyway. The offshore wind graveyard — how made-in-Taiwan components drove developers to abandon the world's best offshore wind sites, The Taipower unbundling reversal — and the Kafkaesque system that keeps electricity prices dirt cheap despite the Iran war. “Green energy cockroaches” — why corruption is Taiwan's dirtiest secret, and how the Taiwanese public came to associate renewables with scandal, The nuclear U-turn — How President Lai Ching-te walked back forty years of "Non-Nuclear Homeland" orthodoxy to restart Taiwan's nuclear reactors. A transcript of this show with embedded source links is available on the ChinaTalk substack. This episode was produced by Lily Ottinger and Aqib Zakaria. Special thanks to "Jason Feng," Angelica Oung, Ricky Huang, Tsaiying Lu (DSET), and Yu-Hsuan Yeh (formerly of CSIS and DSET) for their time and expertise. Everyone's views are their own and don't represent any organization. If you want to learn more, check out Angelica's ongoing work on her two Substacks, Taipology and Elemental Energy. You can also check out Ricky's two podcasts, where he hosts cross-partisan debates about energy policy and more. "Jason's" voice was anonymized with ElevenLabs' text-to-speech tools. Finally, we know Angelica is a controversial figure, but we decided to interview her because, on energy policy specifically, her views are shared by a not-insubstantial portion of the Taiwanese public. [See: this poll which reported that 59% of the Taiwanese public didn't feel confident that Lai's administration could protect Taiwan from power outages, and this poll from June 2025 that shows a near-even split in public opinion for and against the non-nuclear homeland policy.]  Outro song lyrics: 「燈火 Taiwan」 (Lights of Taiwan) [Verse 1] The AC stopped humming on August day eight Aunties in the market, no fan on their face Eleven days of gas, forty-two of coal Then the island goes dark, and the story gets old O-lóng-mn̂g, o-lóng-mn̂g (黑黑暗暗, pitch black) We knew this would come, but we looked away [Pre-Chorus] Forty years they said hūi-hi̍k (非核, non-nuclear) Forty years of dreaming we could wish it all away But the strait is a wind tunnel, and the sun still shines While we burned the future for cheaper times [Chorus] Góa ê kò͘-hiong, lí kám ū thêng-thāu? (我的故鄉, 你敢有聽著? — My homeland, can you hear?) The Franken-reactor sleeps beneath the hill Crystal Yang drank the water, but the people got ill Góa ê kò͘-hiong, lí ài kiàⁿ-khí-lâi (我的故鄉, 你愛起來 — My homeland, you must rise) Not nuclear OR green — we need both to survive [Verse 2] Round 3.1, Round 3.2, localization chains RWE went home, EnBW felt the pain Yunlin's turbines turning, three times the cost While the lūi-chhù (綠能蟑螂, green cockroaches) ate what we lost Behind the meter, batteries wait Zero price auction — we sealed our own fate [Pre-Chorus] Taipower's black box, CPI's lie TSMC pays more so the auntie don't cry But the data centers can't grow, AI waits at the door While we argue if nuclear is sin or chó͘ (善或惡, good or evil) [Chorus] Góa ê kò͘-hiong, lí kám ū thêng-thāu? The Franken-reactor sleeps beneath the hill Crystal Yang drank the water, but the people got ill Góa ê kò͘-hiong, lí ài kiàⁿ-khí-lâi Not nuclear OR green — we need both to survive [Bridge] (Spoken, over soft piano) March 22nd, 2026 Lai Ching-te said the words nobody wanted to hear Kò͘-hiong needs power Not slogans, not pride, not forty years of fear [Final Chorus] Góa ê kò͘-hiong, lí kám ū thêng-thāu? The blockade is coming, the Hormuz is closed Spot market gas at 140% — who knows? Góa ê kò͘-hiong, lí ài kiàⁿ-khí-lâi Distributed and hardened, let the sun and wind rise With nuclear beside them — open both your eyes [Outro] O-lóng-mn̂g, mài koh o-lóng-mn̂g (黑黑暗暗, 莫閣黑黑暗暗 — Darkness, don't be dark again) Kiàⁿ-khí-lâi, Tâi-oân (起來, 台灣 — Rise up, Taiwan) Kiàⁿ-khí-lâi... ChinaTalk is an audience-supported publication. If you'd like to help us produce more content like this, please consider a paid subscription on Substack. Learn more about your ad choices. Visit megaphone.fm/adchoices

Japan and the UK sign a $12 billion floating wind deal for 5.9 GW, Muehlhan buys Coverwind Solutions in Spain, and US grid reform stalls as MISO, PJM, and SPP fast-track fossil resources over wind. Sign up now for Uptime Tech News, our weekly newsletter on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard’s StrikeTape Wind Turbine LPS retrofit. Follow the show on YouTube, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary’s “Engineering with Rosie” YouTube channel here. Have a question we can answer on the show? Email us! The Uptime Wind Energy podcast, brought to you by StrikeTape. Protecting thousands of wind turbines from lightning damage worldwide. Visit striketape.com. And now your hosts Allen Hall: Welcome to the Uptime Wind Energy podcast. I’m your host, Allen Hall. I’m here with Rosemary Barnes, just back from Japan, in Matthew’s stead. Yolanda Padron is on special assignment. Well, Rosemary, what happened in Japan? You, you spent a, a week touring the country and looking at, uh, some energy projects. What did you learn?  Rosemary Barnes: I was there for just five, five nights. I went over for an, um, an, a systems engineering conference by INCOSE. I was doing a keynote presentation there, and also spoke to some of their… They’ve got this program, an international programming for, like, upcoming leaders. Um, and yeah, it was funny, the topic that I chose for [00:01:00] that was how you can combine an online presence with a serious professional career. Uh, ’cause, you know, like, a lot of the advice that you see about building an online presence is, like, totally compat- incompatible with being taken seriously in a, uh, you know, in a, a job like engineering. So that was pretty fun. And then on the last day, I was able to arrange a tour of a community. Like, we went to this village near Fukushima, and they, a- after the Fukushima, uh, or the earthquake that led to the Fukushima, uh, shutdown, that town, some power lines came down, and that, that village was without power for three months. So in response to that, they’re like, “Community power for the win.” At this place, like, there was literally steam coming out of the ground just, you know, randomly. It’s an onsen town, so you know, like, it’s, um, it’s built around tourism for these hot baths. And so they put in a couple of geothermal power plants, small ones, and, um, also some hydropower. But the reason why I wanted to go there was ’cause, you know, ge- [00:02:00]geothermal is such an obvious solution for Japan, for the energy, but they only have… .3% of their electricity is generated by geothermal currently. And, um, the main reason is that the onsen community in Japan is really opposed to it. They’ve lobbied against it because they’re worried that, um, you know, the onsen community needs heat to come out, hot water to come out of the ground, and geothermal takes hot water out of the ground, so they’re just worried that they’re incompatible. Um, now I think the science says that that’s not really true, that the, there isn’t, they’re not the same resource and that one doesn’t affect the other. The wastewater from the geothermal is not really wastewater. It’s just water that is not as hot as it was when it came up. Um, that goes down then into the onsen because it’s a good temperature. And then some of the even cooler water, about 21, 23 degrees, they’re using that to raise shrimp.  Allen Hall: Well, just speaking of Japan, uh, the Japanese Prime Minister was just in the UK and a [00:03:00] big deal was signed between Japan and United Kingdom, £9 billion worth, which is about 12 billion US dollars, uh, to work together on 5.9 gigawatts of floating wind capacity in the UK, uh, across three different projects. W- And the goal is to get some Japanese partners working with, uh, the UK companies involved with it to suss out how to do offshore wind. And as we all know, Japan is gonna, is headed there right now and is going to need a little bit of a primer on how to do it. And, and, well, they should because, uh, there’s been some really successful efforts in the UK and up north, Northern Europe. Uh, so the, the goal of this is to, to get these projects underway and, and Japan’s committing all this money, which, uh, sure, it’s a nice boost to the UK at the moment. It gets a little turbulent over there if you’ve been watching the news. Rosemary [00:04:00] Tying back to your experience in Japan recently, is there a big push internally? Do you see that internally in Japan for offshore wind and even offshore floating wind in Japan, or are they really prepping for it in country?  Rosemary Barnes: Yeah, I’d say I went over there thinking that Japan was, like, oddly not bothered about wind energy of any flavor. Um, ’cause, you know, like onshore wind, they’ve got problems because the good ri- wind resource is right on the ridges, and they’re getting just hammered by lightning, and they’ve got some, like, really interesting responses to how they think that they should manage that, that in my opinion are just gonna kill… Like, you would never bother to have an onshore wind farm if these, um, regulations go ahead. So offshore they have got, um, a bit of a, an, a fixed bottom resource, and they’ve had several auction rounds geared towards that, but they’re, um, they haven’t gone well. I think that, like, people have promised… It, it’s a similar story to elsewhere in the world. Uh, people have, like, bid, like, [00:05:00] bid down to quite low prices and then not been able to deliver and pulled out. Mitsubishi just recently paid some, uh, some huge penalty for not going ahead with a, a project. There isn’t actually that much fixed bottom potential, um, for Japan. So, um, if they wanna have a significant amount of wind energy in their grid, which they should, because they’re, like, honestly it is probably the best or one of the couple of best options to provide big chunks of their electricity supply, then it needs to be floating. Um, and the government is actually pushing on that. I thought they weren’t doing too much, but I did talk to someone from this group, Flora. It is a group that is, um, that, that is trying to form partnerships with other countries, but also with manufacturers to try and set the framework up so that it can, like, l- lay the groundwork for commercialization to happen without being prescriptive. Flora is in there [00:06:00] to try and, you know, get the pieces in place to be able to allow, um, you know, uh, innovation and competition to happen much, much faster.  Allen Hall: What’s the most complicated piece technically that needs to be solved before Japan can really move forward? Is it the money piece? I mean, um, um, I said technically, but I feel like there’s always this money aspect to it, which is important, but on the technology side, i- is it, is there any technology that remains to be solved or is it just the will to do it? Rosemary Barnes: Basically in any engineering question, the answer is money, like, when you come down to it. So, like, it’s almost boring to say, yeah, it’s, it’s money. Floating offshore wind- Too hard, too niche for most people to consider it a mainstream thing, but it’s the legitimate, like, good contender for Japan. And you know what? That presents opportunity. It can actually be good to have to do something hard. Um, and Japan has the opportunity to be the [00:07:00] country where, you know, it’s the country where floating wind makes the most sense, so they can be the ones, if they’re smart about it, they can be the ones where the smart technologies evolve. There will at least be little niche things that they develop that will go on to succeed, and Japan really needs some new big manufacturing industry to… Like, their car industry is obviously, um, has been so important, the automotive manufacturing, and it’s declining now relative to China. Um, so I am also hopeful that they can, you know, build that up a bit more, but I don’t think that they’re going to, you know, topple China, so they are looking for new industries that will be the new… Yeah, do for them what the auto industry did from, yeah, from the ’70s onwards. Actually, you know, like, you can tie it back in a nice loop back to the oil crisis in the ’70s because that’s when the world was like, “Oh, actually small, efficient cars are, are quite a smart idea.” And Japan had those because it was so [00:08:00] constrained in terms of, you know, the oil that it could bring in was expensive. Not having their own fossil resources, they learned to conserve it, and then that turned out to be, you know, a big advantage for them.  Allen Hall: Using the 1970s gas price crisis and the movement towards Japanese cars in the United States, I mean, timing is everything. And Japan was in, uh, Honda in particular, was in the United States. I think Toyota was too, if I remember correctly. And when gas prices went through the roof, uh, yeah, they were very efficient cars, and not the most reliable at the moment, but obviously they’ve changed quite a bit and s- they are, particularly Honda and Toyota, are probably two of the more reliable blan- brands you can buy in the States today. So things change, right? You’re just getting your foot in the door. But that, that break point is, is coming pretty soon, I would say, in, in terms of timing. I- is it the right time for Japan to move into floating offshore? It’s gonna be within the next couple of years, don’t you think, Rosie?  Rosemary Barnes: Yeah, yeah, def- [00:09:00] definitely. Um, and yeah, I mean, I, it, it, it does frustrate me that any money is being spent on, um, hydrogen and ammonia imports. I, I would just rather that they just, just, just do the LNG until you figure out alternatives.  Allen Hall: That makes more sense.  Rosemary Barnes: Gas is better than… You know, like ammonia, for example, they’re locking in these coal power plants for additional years, making investments, um, you know, thinking that this is gonna be part of their future. They’re gonna end up burning coal, y- you know? At least gas is flexible enough to support renewables, and so it can, you know, like speed the rollout of, of wind. And they do have a fair bit of solar too in Japan. Floating solar, actually. They invented that there, and have actually got quite, quite a lot of it. Allen Hall: Gas is gonna be the answer short term. I think in the relationship between the United States and Japan has always been pretty solid since after World War II, that the United States would be willing partners to help Japan stand up any [00:10:00] technology, probably except for wind, which is just bizarre.  Rosemary Barnes: One of your maybe, um, unexpected legacies in Japan was, I say you, I mean the USA, they’ve got, um, not just the, like, silly American power plug design where you’ve got, like, the parallel pins that just fall out, so they’ve got that. But they also have 110 volts. Like, where else in the world is, is, thinks that’s a good idea? I had, um, my little travel steamer I’d taken over there, hairdryer, useless. Absolutely useless.  Allen Hall: That’s all you  Matthew Stead: need.  Rosemary Barnes: I blame you personally, Allen. I hold you personally responsible for my wrinkled clothing. Allen Hall: Delamination and bondline failures in blades are difficult problems to detect early. These hidden issues can cost you millions in repairs and lost energy production. CIC NDT are specialists to detect these critical flaws before they become expensive burdens. Their nondestructive [00:11:00] test technology penetrates deep into blade materials to find voids and cracks traditional inspections completely miss. CIC NDT maps every critical defect, delivers actionable reports, and provides support to get your blades back in service. So visit cicndt.com because catching blade problems early will save you millions Well, the wind service sector is consolidating as we’ve all watched over the last year or two, and Mjolner Wind Service is one of the most aggressive buyers in the field. Uh, the Danish company has signed to acquire Cover Wind Solutions of Spain, including Cover Sun Solutions and Cover Renewable, with the deal expected to close by the end of June. This is Mjolner’s 11th acquisition since 2023. Now, Cover Wind fills a geographic gap for Mjolner. Uh, they are [00:12:00] involved in Spain and France and, uh, already involved in covering the Nordics a little bit and Central Europe. So there’s a, a big play here, and, and decommissioning is really the, the story underneath of th- all this is on the decommissioning side. Uh, Mjolner views turbine end-of-life services as an important future growth area, and obviously it is. Particularly in Spain, there’s been a lot of turbines that will be, uh, brought down and new turbines put up in the next 10 years, and Cover Wind gives Mjolner that ability. And as we all know, Mjolner just recently acquired our Canadian friends, AC883. So yeah, they have been on quite the spin recently, and that’s not even Yeah, sl- a sliver of what’s happening on the consolidation effort, uh, we didn’t talk about last week, but we, we should have, which was Fairwind acquiring Rope Partner in the States. And Rope Partner is a [00:13:00] longtime blade repair company and has been seen for years, as long as I can remember honestly, as the go-to blade experts on complex repairs. The, the, the most trained up, most, uh, technicians. On the technician side, they’re, they, they, they always had the highest trained people to what I remember, and also they would ta- tackle some of the most complex blade problems, and now they’re part of Fairwind. So there is movement, Matthew. A, a lot more than I thought there would be, because after COVID, a lot of companies just disappeared, but now it does seem like they’re being acquired, which is a, a good result, I guess. Matthew Stead: Yeah, I think there’s a strong opportunity, and, uh, and maybe the first point is that actually doing an M&A successfully is actually really hard. Um, I, I’ve personally been through two, uh, two M&As, um, and it is, it is really hard to get an M&A right. And so I think, you know, [00:14:00] these companies are showing that, um, you learn, you can do better, and, you know, it, it, it is hard. So congratulations for them for achieving that. Um, but the second part I think is also, you know, the industry maturing, uh, gaining scale is also, you know, necessary and, you know, driving, you know, but– and these people should be able to drive their, you know, better margins and so forth through, through scale. So, you know, I, I think, um, I think we had a bit of quick chat about it previously, but, um, this is, you know, a really good thing.  Allen Hall: Does it change the way we think about, uh, independent service providers?  Matthew Stead: Yeah, I think it’s gonna continue. I mean, this is not the end of it. Um, you know, in– even in what we do, there’s been various, you know, mergers and acquisitions in, in our space or, and investments, you know, cross-investments. So I, I just see this continuing. You know, like SkySpecs, um, you know, growing their, their CMS, um, business and their financial arm. Um, this is just gonna continue.  Allen Hall: [00:15:00] Is it more activity, uh, related to the availability of AI? It’s– It does seem like that’s playing into some of the decisions that are being made on the mergers and acquisition in renewables, is you start to see more discussion of, hey, we’re going to, uh, apply new techniques, machine learning. A lot of times you’ll see that, particularly in Europe, and then here in the States it’s almost all AI, where they’re- In order to have a, a very successful AI venture, you need to bring in the brainpower to feed that AI. And it does seem like there’s a lot of, of senior companies getting grabbed that could be part of a larger artificial intelligence play. Matthew Stead: You remind me of the, um, the dotcom boom and bust. I don’t know. I’m, I’m a little bit more skeptical, um, on the value actions on the, on the AI side of things.  Allen Hall: Really?  Matthew Stead: It certainly… It’s a massive, um, massive, um, transformation for the industry, and you know, I mean, what I, what, what we can all do is, is massive. [00:16:00] But, um, my former employer, a consulting business, bought a AI company for a billion dollars, and I, I, I just can’t see the value. So, um, anyway, I’m, I’m a bit skeptical about valuations and AI, and, um, I’m not as bullish as many people are.  Allen Hall: Really? Uh, because it does seem like more recently, the shift has been from the number of engineers you have in your company times a million dollars a head, that’s the way it was, uh, not that long ago. And now it does turn into how many senior people you have, that’s the multiplier. Because they’re trying to take that knowledge and all that data resource that you have, like at a, a rope partner where they’ve prepared really complex problems for years. That data set is amazing if you could get your fingers on it. Matthew Stead: Uh, yeah, yeah. And I, you know, I completely agree with you, but I just think it’s being oversold and overcooked and overbaked.  Allen Hall: I see it as growing instead of it declining. I don’t think it’s cooling off. I think we’re just at the precipice of [00:17:00] it. As we get better at using some of these AI tools, if we’re gonna build data centers in space, ’cause that’s gonna be the, the linchpin to all this, is if it gets to data centers in space, then we can leverage massive data sets and learn something from them and get better. Matthew Stead: I love change, but, um, I, I think that’s ri- ridiculous, to be honest. Um, I know we’ve spoken about it a number of times, but data centers in space just seems stupid to me. But, but yeah, going back to your original point, Alan, um, yeah, we, we can definitely do better with you know, more insights around our data and getting more out of our data. I mean, data is the new oil. You know, we’ve been saying that for the last 10 years. Um, yeah, I’m, I’m full, I’m fully on board with that, but I’m just a little bit of a, a little bit of a negative Nancy on, um, some of these overhype  Allen Hall: The line to connect a new wind project to the U.S. grid has been one of the industry’s most stubborn bottlenecks. And a new report from Advanced Energy [00:18:00] United drafted by Grid Strategies and the Brattle Group finds that seven major U.S. grid operators have made progress, at least some, on generator interconnection reform since FERC Order 2023 took effect. So that was the order that said we need to fix this interconnect queue problem. There are just too many people in line and we need to give some ranking to them. But progress on paper has not yet translated into projects moving through the queue faster. And a newer problem is emerging. Fast track interconnection policies at MISO, PJM, and SPP are directing limited system headroom towards, drum roll, utility-affiliated and fossil-heavy resources at the expense of independent clean energy developers. So the game is being rigged a little bit at the moment where they want to push forward [00:19:00] gas and other fossil fuel type generation in front of solar and wind, which are less costly and quicker to get up and running. This can’t last long, right? E- eventually the people living in, uh, MISO, PJM, and SPP are gonna have a little bit of a revolt on how power prices are gonna bump up accordingly. Matthew Stead: There’s been numerous other attempts to stifle wind, um, and those numerous other attempts, uh, tend to be overwritten and, uh, ruled out and thrown out in courts. And, um, it, it just seems like this is, well, if that didn’t work, we’ll, we’ll try something else.  Allen Hall: It’s a delay tactic.  Matthew Stead: Yeah, exactly. Then becomes another one. Well, you know, just wait for that one to be thrown out.  Allen Hall: I don’t know who said the famous saying, time is money, but time is money, and if you can [00:20:00] delay a project from happening, it costs money to sit on the sidelines and you’re, you’re paying interest on a loan or your investors are getting upset because they’re not seeing the returns. So the easy game in most situations like this is just to drive the schedule to the right, even if it’s by a couple of months. It’s expensive.  Matthew Stead: Yeah. If there’s two things I wish I didn’t know about, the first one is telecommunications and how rubbish it is. I just wish I didn’t, wish I didn’t know about telecommunications and the need for cellular and satellite and blah, blah, blah. I wish I didn’t know about that. The other one I wish I didn’t know about, because I wish it wasn’t a problem, was just grid connections and grid and networks.  Allen Hall: How bad it is.  Matthew Stead: Yeah. Rosie, if you can jump in, but you know, the New South Wales-South Australian Interconnector Grid, um, is just being energized now. I don’t know if it’s one or two years late. Um- And they’re trying to recover a billion dollars from the general [00:21:00] public  Rosemary Barnes: Is it only a billion? I thought it, when I looked at the stats, um, it was like near tripling of the, of the project cost  Matthew Stead: My understanding is the government screwed it up or the, uh, the, the operator screwed it up in terms of the transmission lines, and then want, wants to claim it back from the general public ’cause they, they screwed up. Rosemary Barnes: Yeah. It’s a weird thing ’cause you, you know, it’s like, I think it’s like this everywhere in the world that the, yeah, transmission companies or network companies, they get a regulated rate of return on their, on their project, so they invest. But then it’s like what’s that rate of return for? It’s not money for nothing, right? It’s for them, you know, like taking on some risk and y- you know, some sorts of things are, are built into that. Um, but it’s kind of like if you, you get that amount approved and then you stuff up your project management so it drags out and takes a lot of money, then you’re also gonna be compensated additionally for having done a bad job with your project [00:22:00] management. The kinds of delays are not unforeseeable. You know, like I’ve been a project manager in my past. You don’t just make your best case scenario and then kind of just assume that that’s, um, how much it will cost and not, y- you know, not come up with, um, contingency plans for if, uh, if predictable things happen. It’s not, there’s no like black swan events in here. It’s just, um, you know, things that happen every now and then. And it is one of those like key principles of like delivering on big projects, um, that Ben Slibbert, you know, in that, that book, um, How Big Things Get Done, he goes over and over and over again that you need to keep your project as short as possible ’cause the longer it is, the more like surprises you’ll have along the way and it will cost more. And I just don’t think that they, like they need to go read that book and then do a better job with their project planning and scenarios.  Allen Hall: You know who’s read that book clearly is, I, I’ll bring up the name, I know it’s gonna cause controversy, [00:23:00] Elon.  Rosemary Barnes: I knew you were gonna say that.  Allen Hall: Well, you know why I say that? Because there was an interview with him and I was skimming through some nonsense and then this little interview popped up, and he was talking about how quickly they need to get things rolling. And it’s like one year you’re getting s- first year you’re getting started, second year you’re just growing like crazy, and third year is infinity. And the only way that makes sense is that you’re just pouring every resource on this problem to shorten the schedule That’s it  Rosemary Barnes: You, you do. You have, you have to do the, the, you know, the parts of your project where surprises are gonna happen. Like you can… There are surprises and you know, don’t know what they, they are gonna be. However, you can guarantee that there will be surprises. Like you, you know going into a years-long project that several things are gonna happen that are, you know, gonna surprise you. And so you can plan for that. And the best planning that you can do is to make sure that once you start actually, you, you know, you’re gonna spend time in planning to, um, get it right, but once you actually start [00:24:00] the phase of your project where delays cost money, then you, you just plan as, do everything you can to keep that as short as possible, and it will be, it’ll be cheaper. Even if it sounds more expensive, oh, we’ve gotta, you know, pay crews overtime to, you know, do a night shift or something like that, um, you know, you need to consider, consider that because the, there will be delays and they cost. And it’s just, like at this point, maybe 100 years ago you could get away with being surprised by that, but y- you know, like project management has come far enough now that we know, we know this. It’s just basics.  Allen Hall: But infrastructure projects are tough because they don’t see the revenue on the backside that much sooner. It’s sort of a very flat 3% growth industry Unlike a lot of other things  Rosemary Barnes: But that’s it, like just to contain costs, you have to have a small project.  Allen Hall: They will, but they’ve always historically gotten paid for those overruns and continue to make their 3%. If there was some sort… Back to Matthew’s point, if there was some sort of, uh, [00:25:00] disincentive to be late, they would hurry, maybe even spend a little bit of their own money, but there would have to be some massive upside, which is the problem, right? They can’t have a massive upside.  Rosemary Barnes: But that’s why I’m s- I’m saying that the situation where costs blow out and they still get… Like, they get… They make more money by having done a bad job because it costs more. You know, like that is not, it’s not okay.  Allen Hall: Is it more money or just paying the bills that they had when they were building the thing?  Rosemary Barnes: It depends how much we let them get away with, but their preference is to make, just be, “Oh, we could never have known that there would be a flood.” It’s like, okay, yeah, like, was it like a 1 in 50 years flood or something? So yeah, on average, that particular event wasn’t gonna happen, but there’s probably, you know, like 20 different categories of 1 in 50 year things that could have happened, and if your project lasts for five years, you’re gonna have a few of those. You just are. You know? It’s not, it’s not bad luck. It’s just like, just normal statistical variation [00:26:00] that y- Yeah, so I, I, I really think it’s important to, um, to not just say, “Oh. Oh, poor you,” ’cause it’s, it always sounds like a sob story. “Oh, a flood. Who could have known?”  Allen Hall: Who could have known it rains?  Rosemary Barnes: Yeah, I mean, I, I don’t know. Like, I often talk about how people don’t know what, um, engineers do, and we don’t get enough res- respect for, for what we do, and people don’t get it. But I think project managers is, if anything, worse. People don’t respect project management as a, um, a, I don’t know, is it a profession? But, you know, as an ex- ex- field of expertise and don’t, don’t know how much of a difference it makes to have a good one, and also that it is not that hard to be a good project manager. You just have to actually do it.  Matthew Stead: Can I make a suggestion that actually is the reverse of Darwin theory? We’ve got to come up with a name, but you know, the dumber you are, the more money you make. Also, for the record, um, Elon does have a lot of, um, philosophies and approaches which I do support. The efficiency, automating things after you’ve done them manually, only [00:27:00] doing the bare minimum, you know, all those sorts of things, doing things fast. Rosemary Barnes: Yeah, there’s a lot, a lot of good product development and engineering that you can learn from Elon, and you do not have to take the, like, weird personal stuff along with it. You are able to pick and choose which aspects you, you learn from.  Allen Hall: But it does take a specific kind of person to weather that storm. If you wanna play in that sandbox, y- you better be ready because it’ll be hard and fast and not very forgiving. So you just have to know that going in, which can be great, and it can be a great experience, uh, for a lot of engineers, but it isn’t for everyone. As wind energy professionals, staying informed is crucial, and let’s face it, difficult. That’s why the Uptime Podcast recommends PES Wind Magazine. PES Wind offers a diverse range of in-depth articles and expert insights that dive into the most pressing issues facing our energy future. Whether you’re an [00:28:00]industry veteran or new to wind, PES Wind has the high-quality content you need. Don’t miss out. Visit peswind.com today. In this quarter’s PES Wind magazine, which you can download at peswind.com, there’s an article from TGS 4C about vessel traffic around offshore wind farms. And this is kind of interesting bec- because they looked at some major wind farms off the coast of the UK, Dogger Bank B, Dogger Bank C, and Sofia. Uh, and obviously there’s a lot of marine traffic around those, but you don’t really realize the scale and how, uh, it affects the, the traffic on the water. The– When they had looked at these three wind farms, they realized, uh, they had about 860, uh, transits in 2021 around that area, and that went to more than 20,000 by [00:29:00] 2025. So the amount of economic and commercial activity that was happening around those wind farms exploded. And when you have that many ships in the water, it does change the nature of that area and also how other ships transit through the area, around that area. Uh, it’s an interesting piece because if you look at where those wind farms are, Matthew, th- that’s kind of a narrow stretch in there where there is a lot of ship traffic already. So y- you create this, uh, artificial barrier for some of the ship traffic, and you’re trying to understand how that is affecting the flow in and out. But I think the, the bigger piece is you can tell how well a development is progressing on offshore wind by looking at the ships and who’s where and when. Matthew Stead: I think this is interesting topic. Um, I, I– To be honest, I don’t completely get it. Can you explain it to me?  Allen Hall: If I’m an investor in these projects, if I’m the government, if [00:30:00] I’m the, uh, the power company that’s gonna handle the power coming off these sites, I really need to know how it’s going. And the way that I look at it in the States when I look at offshore projects here, ’cause we could do something very similar, who’s out on, on the ocean? Where are they? What tower are they at? How many towers are running? You can kinda tell that. Are they, are they just doing surveys or are they laying cable? Or is there something more active happening? And where are the ships from? Are they installation vessels? Are they driving monopiles? What’s going on out in the water? It does give you a really good sense where they are in the project. Kind of back to Rosemary’s point on, on managing big projects, you– schedule is everything You can tell. You can really tell.  Matthew Stead: Thinking about it a different way. So it’s a bit more like shadow monitoring. So it’s just a way of, it’s a way of independently monitoring and checking progress, making sure that there’s transparency as to what’s going on. Allen Hall: I think there’s a lot of [00:31:00] value in that data set. And as, uh, more operators start to use that data set and more companies start to use that data set globally, uh, they’re gonna be doing offshore projects, I think, differently in, in terms of efficiency. They- they’re learning as they go.  Matthew Stead: Yeah. Isn’t that one of the classical, um, sort of mathematical problems about how to optimize, uh, courier deliveries? We’ve gotta talk about quantum computing at some point too, so.  Allen Hall: We probably should. But for right now, I need everybody to go to peswind.com and download this quarter’s magazine. A lot of good articles in there, and it’s a great free download. Tons to learn. Go to peswind.com. That wraps up another episode of the Uptime Wind Energy Podcast. If today’s discussion sparked any questions or ideas, we’d love to hear from you. Reach out to us on LinkedIn. And if you found value in today’s conversation, please leave us a review. It really helps other wind energy professionals discover this [00:32:00] show. For Matthew and Rosemary, I am Allen Hall, and we’ll see you here next week on the Uptime Wind Energy Podcast.

Paul Auslander, President, CFP, Stops by the Energy News Beat Podcast, and we have a blast covering energy and finance. Connect with Paul on his LinkedIn here: https://www.linkedin.com/in/paulauslander/1. Stock Market Performance & Economic OutlookPaul Auslander discusses why the stock market continues to rise despite global turmoil. Key points include:Strong company balance sheets and a robust economyThe technology boom (particularly AI) being only in its "second inning"Upcoming major IPOs (SpaceX, ChatGPT's parent company, Anthropic) absorbing investment capitalExpectation for a strong finish to 2026, with 2027 projected to be even stronger2. Precious Metals & Alternative AssetsDiscussion of gold, silver, and cryptocurrency markets:Central banks now own more gold than US Treasury holdings (a historic shift)Silver shortage driven by AI demandCryptocurrency experiencing recent drops but viewed as an alternative asset classDisconnect between paper and physical delivery in commodities markets3. Oil & Energy MarketsCritical energy security topics:Volatility in WTI vs. Brent crude pricingStrait of Hormuz disruptions causing 11.8 million barrels of production shortfallStrategic oil reserve refilling and pipeline expansion globallyEnergy sector positioning as a strong investment for 20274. Federal Reserve & Interest RatesAnalysis of monetary policy under new Fed chair Kevin Warsh:Inflation expected to be "transitory"Interest rates likely to remain flat through 2026, with potential decreases in 2027Impact on housing market and consumer economyConcerns about rising interest rate expenses choking the economy5. AI & Data Center InfrastructureEmerging challenge of powering AI growth:Texas ERCOT facing massive mismatch: 220 GW of planned data centers vs. 84 GW peak capacityTech giants (Google, Microsoft) investing in data centers and providing power couponsElon Musk's concept of space-based data centers as a future solutionSilver shortage linked to AI semiconductor demand6. Political & Geopolitical LandscapeDiscussion of elections, trade blocks, and international relations:2026 US elections and political volatilityEmerging trading blocs: net-zero aligned nations vs. energy-security focused nationsJapan's economic challenges with interest rate increasesCanada-US relations and potential realignmentTaiwan's strategic importance7. Investment Strategy & 401(k) AdvicePractical guidance for investors:Avoid market timing; stay invested in index funds60-40 asset allocation recommended for those near retirement"Buy the dips" strategy has been successfulInflation hedge necessary for long-term retirement planning8. Energy Security & PreparednessPersonal preparedness and infrastructure:Importance of energy independence at homeSolar battery backup systems ($700-800)Starlink as backup communication and internet infrastructureStrategic importance of LNG and natural gas going forwardThe podcast emphasizes that energy security starts at home and explores how geopolitical shifts, technological innovation, and market dynamics are reshaping investment opportunities and global trade relationships.Check out the Energy News Beat SubStack https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/

The final Monday of June is packed with freight news, industry insights, and plenty of laughs on this episode of WHAT THE TRUCK?!? Hosts Malcolm Harrison and Michael Vincent kick things off by catching up on weekend adventures—from bourbon tasting and disc golf to a look at what's ahead for the freight industry this summer. In this episode: The Port of Brownsville completes its $295 million ship channel expansion and what it means for trade, LNG exports, and cross-border freight. A $500,000 bourbon shipment disappears after thieves pose as a legitimate trucking carrier. How cargo theft scams continue to evolve. FMCSA announces major enforcement actions, shutting down fraudulent CDL schools, removing non-compliant ELDs, and increasing investigations. Are these meaningful reforms or simply fixing long-standing problems? Tommy Slaymaker, Director of Fleet Services at The Pete Store, joins the show to discuss fleet maintenance, fuel costs, equipment lifecycle planning, and why proper truck specifications can save fleets thousands over the life of a vehicle. Plus, Grace Sharkey joins later in the show with more insights on the biggest stories shaping transportation and supply chain. ⁠Watch on YouTube⁠ ⁠Visit our sponsor - KOONER FLEET MANAGEMENT SOLUTIONS⁠ ⁠Subscribe to the WTT newsletter⁠ ⁠Apple Podcasts⁠ ⁠Spotify⁠ ⁠More FreightWaves Podcasts⁠ #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices

The final Monday of June is packed with freight news, industry insights, and plenty of laughs on this episode of WHAT THE TRUCK?!? Hosts Malcolm Harrison and Michael Vincent kick things off by catching up on weekend adventures—from bourbon tasting and disc golf to a look at what's ahead for the freight industry this summer. In this episode: The Port of Brownsville completes its $295 million ship channel expansion and what it means for trade, LNG exports, and cross-border freight. A $500,000 bourbon shipment disappears after thieves pose as a legitimate trucking carrier. How cargo theft scams continue to evolve. FMCSA announces major enforcement actions, shutting down fraudulent CDL schools, removing non-compliant ELDs, and increasing investigations. Are these meaningful reforms or simply fixing long-standing problems? Tommy Slaymaker, Director of Fleet Services at The Pete Store, joins the show to discuss fleet maintenance, fuel costs, equipment lifecycle planning, and why proper truck specifications can save fleets thousands over the life of a vehicle. Plus, Grace Sharkey joins later in the show with more insights on the biggest stories shaping transportation and supply chain. Watch on YouTube Visit our sponsor - KOONER FLEET MANAGEMENT SOLUTIONS Subscribe to the WTT newsletter Apple Podcasts Spotify More FreightWaves Podcasts #WHATTHETRUCK #FreightNews #supplychain Learn more about your ad choices. Visit megaphone.fm/adchoices

Interview with Elaine Ellingham, President & CEO of Omai Gold Mines Corp.Our previous interview: https://www.cruxinvestor.com/posts/omai-gold-mines-tsxvomg-8moz-gold-project-advancing-rapidly-10058Recording date: 25th June 2026Omai Gold Mines has rapidly emerged as a significant player in the global gold development sector after doubling its resource base to 8 million ounces across two deposits in Guyana within a year. This growth places the company among a small group of large, undeveloped gold projects worldwide. Despite this scale, Omai trades at roughly $150 per ounce of enterprise value—well below comparable peers valued between $180 and $226 per ounce, and far beneath recent acquisition benchmarks of $425 to $600 per ounce. This valuation gap is partly attributed to the speed of the resource expansion, which analysts have yet to fully incorporate into updated models.A key near-term catalyst is the company's forthcoming Preliminary Economic Assessment (PEA), expected to provide the first comprehensive evaluation of both deposits at their current scale. The PEA is likely to increase the project's net asset value and clarify production potential, which may exceed earlier expectations of 250,000–300,000 ounces annually. It may also challenge current assumptions around mining costs, particularly the strip ratio, where management anticipates more favorable outcomes than analysts predict.Omai benefits from several structural advantages that reduce development risk. As a past-producing site, it already has established infrastructure, including an airstrip, tailings facilities, and cleared land. It is also located near a paved highway and within reach of planned hydropower and LNG energy sources. Additionally, Guyana offers a supportive regulatory environment, streamlined permitting through a single government-issued license, and a growing reputation as a stable mining jurisdiction.Further upside lies in the project's geological potential, with drilling indicating mineralization extending well below current resource limits. Combined with its scale, infrastructure, and jurisdictional advantages, Omai represents both a compelling development opportunity and a potential acquisition target in a market increasingly focused on large, de-risked gold assets.View Omai Gold Mines' company profile: https://www.cruxinvestor.com/companies/omai-gold-minesSign up for Crux Investor: https://cruxinvestor.com

As critical chokepoints have frozen traditional trade routes, the global energy sector is abandoning old assumptions for a new mantra: supply diversity. This macro shock is forcing long standing buyers and emerging markets alike to radically rethink their structural exposure to a highly punitive LNG spot market. In this episode of Hub & Flow, NGI's Christopher Lenton sits down with Sergio Chapa of Poten & Partners live from the Mexico Gas Summit in San Antonio to untangle how this high-stakes global reshuffling impacts the Americas. The conversation breaks down the rapid production startup of Sempra's Energía Costa Azul LNG terminal in Baja California, and why localized legal hurdles mean Mexico's broader export ambitions face a slower climb than originally projected. Chapa also sheds light on Latin America's massive, underutilized regasification, explaining why hydro-dependent nations remain dangerously exposed to high LNG spot prices during seasonal droughts, and how Argentina's incoming floating LNG vessels could soon transform the Vaca Muerta Shale into the Western Hemisphere's next major supply wild card.

1. Strait of Hormuz Situation Iran claimed multiple times that it has closed the Strait of Hormuz. However, actual shipping traffic continued, including oil and LNG tankers. U.S. Central Command (CENTCOM) stated: Iran does not control the strait Passage remains open and monitored Data cited: ~55 merchant ships transit per day ~17 million barrels of oil moving through 2. Maritime Risk & Behavior Ships are: Turning off AIS tracking systems for safety Operating cautiously due to military tensions Traffic has: Fluctuated (e.g., 26 ships one day → 5 the next) Not returned to “normal pre-conflict levels” 3. U.S.–Iran Negotiations (MoU) A Memorandum of Understanding (MoU) has been signed: Covers nuclear issues, sanctions, and broader conflict Includes: Potential release of frozen Iranian funds Conditional progress requirements Key issue: Concern over how Iran will use funds Oversight mechanism proposed via Qatar Funds may be used for: Food purchases (e.g., American soybeans) 4. Nuclear Program Concerns Iran has: Agreed (in principle) to allow inspectors But: U.S. officials express skepticism Historical distrust is repeatedly emphasized 5. Economic Implications Oil prices: Declining (~$74/barrel) due to optimism Markets: Near record highs Strait stability is linked directly to: Global energy supply Economic stability Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the The Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening X: https://x.com/benfergusonshowYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Stijn Schmitz welcomes Trader Ferg to the show. Trader Ferg is a Full-time Trader and the Author of the Trader Ferg Substack. Trader Ferg shares his current market views, highlighting several contrarian opportunities built around long-term, underappreciated assets. He remains bullish on scarce resources like thermal coal, where tight supply and Asian demand support high-quality names, though pure-play options are limited. In energy, he sees an asymmetric upside and prefers long-dated options on integrated trading houses like Shell, leveraging torque to Brent and LNG while benefiting from volatility through their opaque but highly profitable trading arms. He also points to offshore engineering and oil services as an underinvested niche with rock-bottom valuations, already showing outperformance and strong earnings visibility. A key theme is the shift toward resilient, capital-light business models. Trader Ferg is particularly enthusiastic about emerging market exchange operators, which he views as inflation-protected, high-margin plays that have been out of favor due to a strong US dollar but are poised for a decade of growth as global capital flows rotate. In gold, he sees a structural bull market driven by de-dollarization and central bank buying, though near-term consolidation is likely after flushing out speculative tourists. He advocates a patient, long-horizon approach, cautioning against short-term futures and binary geopolitical bets, which have historically been unprofitable for him. Instead, he emphasizes buying cheap, hated assets with robust free cash flow and letting time and volatility work in his favor. Throughout the discussion, he stresses the importance of stress-testing assumptions, learning from mistakes, and focusing on durable trends rather than short-term noise, insights he regularly shares through his Substack. Timestamps: 00:00:00 – Introduction 00:00:52 – Current Market Opportunities 00:02:44 – Exchange Operators Theme 00:04:27 – Oil Services and Offshore 00:08:24 – Oil Market Supply Dynamics 00:17:19 – China Flexibility in Energy 00:25:45 – Hormuz & Concerning Timlines 00:27:07 – Fertilizers Agriculture and Sulfur 00:29:08 – Sulphur Supply Thoughts 00:32:37 – Thermal Coal Supply Demand 00:44:00 – Gold Market and Producers 00:45:55 – Long Term Inflation Strategies 00:50:33 – Exchange Operations 00:52:50 – Concluding Thoughts Guest Links: Substack: https://traderferg.substack.com/ X: https://x.com/trader_ferg Trader Ferg is a Full-time trader for going on 8+ years now. He has a habit of hanging out in hated corners of the market that are considered uninvestable. He enjoys sharing his research and thoughts about possible trades and markets.

Canada's top trade envoy in Taipei, Marie-Louise Hannan, reflects on four decades of Canada-Taiwan ties, growing LNG and offshore wind cooperation, and why Prime Minister Mark Carney's case for middle-power democracies resonates with Taiwan's own search for agency in a fractured world.Episode highlights:00:00 Launching a new diplomat interview series02:44 Arriving in China in 1989, before the Tiananmen incident09:31 Dr. Mackay and the roots of Canada-Taiwan ties12:26 Taiwan as a top Indo-Pacific trade partner15:05 Energy dependence and the case for Canadian LNG20:37 Inside Canada's first ever Indo-Pacific Strategy26:59 Carney's Davos speech and middle-power democracies31:00 Life in Taipei: food, family, and safetyHost: Kwangyin Liu, Deputy Managing Editor, CommonWealth MagazineGuest: Marie-Louise Hannan, Executive Director of Canadian Trade Office in Taipei Producers: Yayuan Chang, Weiru Wang＊Read more：https://english.cw.com.tw＊Share your thoughts：bill@cw.com.tw Powered by Firstory Hosting

The US and Iran are on the verge of a major deal aimed at reopening one of the world's most important shipping lanes. But even if an agreement is signed, how quickly can things return to normal? How soon can oil tankers and LNG shipments return to service? When might energy supplies begin to ease? And how long before drivers, businesses and households actually feel the benefit through lower prices? Markets may react within hours, but the real-world impact could take much longer.This is the latest episode of our weekly Power Players show. It's hosted by Rahul Tandon in the UK and our North America Business Correspondent Michelle Fleury in New York, in conversation with the BBC's Economics Editor Faisal Islam.Producer: Niamh McDermott Editor: Stephen Ryan Executive Producer: Justin Bones(Picture: People drive past an anti-U.S. billboard depicting U.S. President Donald Trump and the Strait of Hormuz, in Tehran, Iran, May 17, 2026. Credit: Majid Asgaripour/WANA - West Asia News Agency)

Methane is the second-most important greenhouse gas, after carbon dioxide. It has accounted for roughly 30% of human-induced global warming since the 19th century. But it is also a valued commodity, used to heat homes and cook food, provide raw materials for industry and keep the lights on. Every molecule leaked is energy wasted and money lost. The IEA estimates that about 200 billion cubic meters per year could be saved for productive uses by reducing leakage and flaring in the oil and gas industry. That is roughly one fifth of US supply, over a third of the global LNG trade, and nearly twice the volume exported through the Strait of Hormuz in 2025. Half of all abatement opportunities have a positive or zero net cost. The technology to cut emissions by 75% exists today. So why are methane emissions from oil and gas still so large?Host Ed Crooks is joined by TJ Conway, Principal at RMI's Climate Intelligence Program, to explore what it will take to tackle the problem. TJ walks through RMI's approach: first, better understanding where emissions are and how large they are, including the role of super emitters, sources above 100 kilograms per hour that can account for half of total leakage, and then driving change through market mechanisms, corporate engagement, finance, and capacity building. He then talks about the key issue for future methane emissions reductions: the demand side. Creating a functioning market for differentiated, lower-emissions gas requires that buyers, including utilities, industrial companies and hyperscales using gas-powered data centres, can credibly account for those purchases in their emissions inventories. That architecture is still being built.Ed and TJ also dig into the EU Methane Emissions Regulation, now entering its implementation phase ahead of methane intensity thresholds taking effect by 2030. The technical challenges are considerable: tracing emissions from source to importer through complex supply chains like the US pipeline network, where a single LNG cargo may blend gas from low-intensity offshore fields and high-intensity Permian basin production. RMI has proposed a hybrid traceability approach to solve those challenges. The episode also covers methane abatement finance. Financial institutions with climate goals are now often relucatant to invest in oil and gas operations, even for emissions reduction. RMI's Methane Finance Working Group, launched at COP28 alongside the Oil and Gas Decarbonisation Charter, has developed guidance for financing structures to overcome that obstacle. It aims to unlock financing to meet a need estimated at 100 to 200 billion dollars.TJ closes with an optimistic message: emissions remain stubbornly high, but the institutional infrastructure built over the past five years now provides the foundation for action. The goal remains a 75% reduction, and the tools exist to get there. Rocky Mountain Institute was founded during the energy crises of the 1970s, with a simple idea: better energy systems can deliver both economic and environmental benefits.Nearly 50 years later, that mission has never been more relevant. As businesses and governments navigate rising electricity demand, supply-chain uncertainty, and the push to decarbonize, RMI helps turn complex energy challenges into practical solutions.From grid modernization and industrial decarbonization to clean transportation and building efficiency, RMI works across sectors to accelerate the energy transition in ways that improve resilience, affordability, and energy security.Learn more at rmi.org.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

There are two great forces reshaping the world of energy today. The AI boom and the wave of investment in new data centres have sent power producers scrambling for generation capacity to meet soaring electricity demand. At the same time, the severe disruption to shipping traffic through the Strait of Hormuz has put security of supply at the top of every importer's agenda. In this special episode, recorded at Wood Mackenzie's Gas, LNG and the Future of Energy Conference in London, host Ed Crooks speaks with three guests about what these twin pressures mean for gas. They discuss demand for gas for power, the sources of supply that could provide energy security in volatile times, and plans for tackling the increased greenhouse gas emissions that could result from increased consumption.First, Ed sits down with Neal Kalita, senior director of global energy management at NTT Global Data Centers, one of the world's largest data center developers. Neal explains why "speed to power" is a priority, and why gas plays such a key role in providing the reliable 24/7 firm capacity hyperscaler clients require.Relying on gas as a key component of the power generation mix means managing a complex set of issues around supply security, demand management and long-term investment. Neal explains how NTT thinks about commodity risk, the trade-offs involved in power supply agreements, and why on-site gas generation may be not just a bridge solution but long-term infrastructure for the electricity system. He highlights the key drivers that are changing the data centre industry, including rising GPU power density, AI-driven volatility in load, and climate-related grid reliability concerns. He also discusses NTT's participation in a demand response programme run by Voltus, which helped stabilise the grid when Winter Storm Fern hit Virginia in January.Next, Ed hears from Keith Shoemaker, Chief Commercial Officer at Coastal Bend, which is developing a new LNG liquefaction project at Corpus Christi, Texas. Coastal Bend is aiming to have the first project in the US to integrate carbon capture and sequestration into its design. Combined with the procurement of upstream gas with low methane leakage and flaring, that should make for the lowest carbon-intensity LNG in the world, Keith says. Crucially, the project can match competitor prices without charging a green premium. The US 45Q tax credit will cover the operational spending (Opex) for the transport and sequestration of the carbon, and costs will be kept down by using brownfield maritime infrastructure that is already in place. Regulation will still be essential in creating a market for lower-emissions LNG. Keith sets out an idea for making that work in the EU: linking the new Methane Emissions Regulation with the Carbon Border Adjustment Mechanism to create an "avoided carbon" currency that LNG importers could use to offset CBAM fees on other products such as cement, steel and fertiliser. That way, the methane regulation would change from a stick to a carrot for the LNG industry.Kristy Kramer, Head of LNG at Wood Mackenzie, closes the episode by assessing how the three trends of AI demand, energy security and decarbonisation fit together. She discusses the big question: has the conflict on the Middle East changed the world completely, forever. It may play out like the Covid pandemic. Huge changes were predicted, and although there were some permanent impacts, in other areas the world has gone back to the way it was before. Politics will change from week to week, or even from hour to hour, but geology and economics don't, and over time the fundamentals will reassert themselves. Kristy and Ed reflect on what that means for the future of energy. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.