Podcasts about lng

Brent råolieFredsplanen for Ukraine fremstår useriøs, og vi venter, at sanktionerne mod Rusland fortsætter. Geopolitisk pres på olieproducerende lande udsætter endnu tidspunktet for, hvornår en lavere oliepris afspejler de stigende olielagre i verden. Vi venter en lavere Brent oliepris mod $55 i 2. kvartal 2026. Lavere priser vil senere i 2026 og ind i 2027 genskabe oliebalancen og løfte prisen tilbage mod $60-70. DieselPanik rammer markedet for raffinering fra råolie til diesel. Raffineringsprisen styrtdykker 30 % i sidste uge, men vi ser ingen hurtig løsning på Ukraine-konflikten eller ophævelse af russiske sanktioner. Vi fastholder derfor 50 % prissikring af dieselforbruget i 2026 og 2027. Mangler prissikringen for 2027 at nå 50 %, giver dagens CAL27-pris på ca. DKK 3,30 en attraktiv mulighed – kun 10 øre over vores prognose. NaturgasFredsforhandlingerne ligner en parodi, og vi fastholder, at sanktionerne mod Rusland fortsætter. Gasmarkedets fundamentale forhold viser kun en lagermargin på 3 %, og markedet har prissat en ekstremt optimistisk vinter. Vi ser flere reelle risici – især en kold vinter – og vi anbefaler at prissikre denne vinter over normalt og næste vinter 2026/2027 på normalt niveau.Læs hele analysen her.Vigtig investorinformation.

Understanding Market Volatility and Strategic Retirement Investing in 2025 Episode Summary: In this episode of The Financial Hour, Tom Dupree and Mike Johnson, local financial advisors from Dupree Financial Group in Kentucky, talk about current market conditions, Federal Reserve rate cut speculation, and why personalized investment management matters more than ever during periods of high volatility. With Tom’s 47 years of investment experience, he shares insights on protecting retirement portfolios while identifying genuine growth opportunities. Key Topics Covered: Retirement Portfolio Protection in Volatile Markets Market Volatility Analysis: What Kentucky Retirees Need to Know Since the end of October, markets have experienced unprecedented volatility. The NASDAQ saw one of its most dramatic single-day swings on November 20th, surging over 2% before closing down 2.2%. For retirees and pre-retirees managing retirement portfolios, understanding these “toppy market” signals is crucial for wealth preservation. Federal Reserve Rate Cuts: Separating Reality from Market Hype Market sentiment shifted dramatically within a single week when New York Fed President John Williams hinted at potential rate cuts. The probability jumped from 35% to over 80% for a December rate cut. But are these 25 basis point adjustments really moving the needle for everyday investors? Tom offers a refreshingly honest perspective that you won’t hear from your typical 1-800 number investment counselor: “This fed 25 basis point rate cut, it’s bs. So what? It’s not a big deal and they’re only using it to prop up the market and the minute they announce it, the market will sell off.” The Real Housing Market Challenge Unlike generic market commentary, this local financial advisory perspective addresses what’s actually keeping people from moving: it’s not just interest rates. Many homeowners are locked into 2-3% mortgages, and a quarter-point reduction won’t change their calculus. For Kentucky retirement planning, understanding these nuances matters when evaluating portfolio allocation. LNG Infrastructure: A Hidden Opportunity for Income-Focused Investors While everyone chases AI and tech speculation, we are identifying substantial opportunities in liquified natural gas (LNG) infrastructure. This represents the kind of strategic, research-based investing that comes from direct access to portfolio managers rather than cookie-cutter advice. Why LNG Matters for Retirement Portfolios: Predictable Cash Flows: Pipeline companies operate on “take or pay” contracts, providing consistent dividend income Massive Infrastructure Buildout: US LNG export capacity expanding from 19 billion cubic feet/day to 33 billion by 2032 Less Speculative Risk: Unlike AI data centers with uncertain equipment lifespans, natural gas infrastructure offers proven business models Growing Export Market: LNG exports up 21% year-over-year through August 2025 Essential Energy Transition: Natural gas remains critical for power generation, especially for data centers Mike Johnson explains the investment thesis: “You view the AI data center build out with something like LNG and the pipelines that are feeding that—it’s a more consistent, more predictable business model because it’s been around a long time. It’s more predictable. And so when you’re looking at it from an investment standpoint, especially from a retirement investment standpoint, these pipeline companies generally have more predictable, consistent cash flow and their dividends are more consistent.” Key Takeaways for Investors Approaching Retirement Recognize “Toppy Market” Signals: Large upward swings that can’t hold indicate potential market exhaustion Understand Market Broadening: Since late October, equal-weight S&P 500 outperforming tech-heavy indices suggests rotation Don’t Overreact to Fed Announcements: 25 basis point cuts have limited real economic impact Avoid Recency Bias: Just because markets have been rising doesn’t mean they’ll continue indefinitely Consider Real Infrastructure Plays: LNG pipeline expansion offers more predictable returns than tech speculation Protect Gains Strategically: After a strong year, raising some cash in overvalued positions makes sense Plan for Extended Productivity: The “Refire” movement—starting new careers in retirement—provides both income and purpose Understand Your Risk Exposure: Many investors don’t realize how much risk is embedded in their portfolios The Retirement Reality Check: Are You Really Ready? The “Refire” Alternative to Traditional Retirement Rather than completely stepping away from productive work, consider the “Refire” movement—transitioning from a draining career to something you’re passionate about. Dupree Financial Group clients have successfully transitioned into: Construction and farming ventures Specialty craft businesses (like the 87-year-old client working with wool) Consulting in their areas of expertise Gig economy opportunities that provide flexibility and income Why Personalized Investment Management Beats the 1-800 Number Approach This episode perfectly illustrates what sets Dupree Financial Group apart from mass-market investment firms. You’re not getting generic advice from an assigned counselor reading from a script. You’re getting: 47 years of investment experience navigating multiple market cycles Direct access to portfolio managers who actively manage your investments Local financial advisors in Kentucky who understand regional economic factors Honest, straight-talk guidance rather than market cheerleading Proactive portfolio adjustments based on current market conditions Education-first approach so you understand what you own and why Market Wisdom from 47 Years of Experience Tom shares a telling quote about investing psychology: “A man can never be faulted, even if he’s wrong, for the bold and aggressive action in pursuit of victory. A real man must be willing to strike out and go down swinging.” His response? “People are investing like that right now. It’s almost the gambler’s mindset where it’s the recency bias… It’s ignorance. And I don’t mean that in a bad way, it’s just lack of knowledge on what’s embedded in a portfolio.” This is the difference between speculation and strategic retirement investing—understanding what you own, why you own it, and what risks you’re actually taking. Important Reminders for Retirement Investors The Extended Bull Market Risk As Mike notes: “We’ve not had an extended bear market since the financial crisis.” An entire generation of investors has never experienced a prolonged downturn. This creates complacency and excessive risk-taking, particularly dangerous for those nearing or in retirement who don’t have time to recover from major losses. When Fully Valued Markets Present Challenges Mike explains the risk-reward calculation: “When you’re buying something that’s either fully priced or is looking historically at being fully priced, then you’re making a bet that things are gonna keep getting fuller priced.” Translation: You’re hoping a greater fool will pay even more than you did. That’s not investing—it’s speculation. Frequently Asked Questions (FAQs) Should I worry about current market volatility as I approach retirement? Yes, but worry productively. Large intraday swings, particularly when markets can’t hold gains, often signal “toppy” markets. This doesn’t mean selling everything, but it does mean reviewing your portfolio’s risk exposure and potentially raising some cash in overvalued positions. A team of local financial advisors with decades of experience can help you navigate these decisions based on your specific situation, not generic market timing. Will Federal Reserve rate cuts help my retirement portfolio? The impact of 25 basis point rate cuts is often overstated. While they may provide short-term market support, genuine portfolio growth requires earnings growth and sound business fundamentals. Personalized investment management focuses on these fundamentals rather than trying to trade Fed announcements. What makes LNG infrastructure a good retirement investment? LNG pipeline companies offer several advantages for retirement portfolios: predictable “take or pay” contract structures, consistent dividend income, less technology risk than AI speculation, and participation in a massive infrastructure buildout. With US LNG export capacity set to grow 74% by 2032, these investments offer growth potential with more stability than pure tech plays. How do I know if I have too much risk in my portfolio? Many investors don’t realize their risk exposure until it’s too late. Warning signs include: heavy concentration in a few tech stocks, inability to explain what you own and why, portfolios that look identical to major indices, or having the same allocation today as you did 10 years ago despite nearing retirement. A personalized portfolio analysis from experienced portfolio managers can identify hidden risks. What’s the difference between working with Dupree Financial Group versus a large national firm? Instead of calling a 1-800 number and speaking with an assigned investment counselor who may have limited experience, you get direct access to portfolio managers with 47 years of investment experience. You’re working with a team of local financial advisors who know Kentucky’s economic landscape and can meet with you face-to-face. This personalized investment management approach means your portfolio is actively managed based on current conditions, not set-and-forget. Should I retire if I’m tired of my current job? Not necessarily. Retiring purely because you dislike your job, without adequate financial cushion, can create bigger problems. Consider the “Refire” alternative—transitioning to something you’re passionate about that still generates income. Many Dupree Financial Group clients have successfully launched second careers in construction, farming, consulting, or specialty crafts. This provides both financial security and life purpose. What does “if you don’t know what you own, you should” really mean? It means understanding not just the names of stocks in your portfolio, but why you own them, what risks they carry, how they generate returns, and whether they still fit your current life stage. Many investors can name their holdings but can’t explain the investment thesis or risk profile. Kentucky retirement planning requires this deeper understanding, especially as you transition from accumulation to preservation and income. How often should I review my retirement portfolio? In normal markets, quarterly reviews make sense. In volatile markets like we’re experiencing, more frequent check-ins help. However, this doesn’t mean constantly trading—it means ensuring your risk exposure matches your current needs and market conditions. Dupree Financial Group provides ongoing portfolio management, not annual check-ins followed by silence. Schedule Your Personalized Portfolio Analysis If you’re approaching retirement or already retired, now is the time to ensure your portfolio matches your risk tolerance and income needs. Don’t wait for a market correction to discover you’re overexposed to risk. Dupree Financial Group offers complimentary portfolio reviews where we’ll analyze: Your current risk exposure and whether it matches your life stage Hidden concentrations and correlation risks Income sustainability from your portfolio Opportunities you may be missing (like LNG infrastructure) Whether your current advisor is providing genuine value or generic advice Call us at 859-233-0400 or schedule directly on our website. Connect With Dupree Financial Group Personalized Portfolio Analysis: www.dupreefinancial.com Investment Philosophy & Team: www.dupreefinancial.com/about-us/ More Market Commentary & Podcasts: www.dupreefinancial.com/podcast Phone: 859-233-0400 The post Understanding Market Volatility and Strategic Retirement Investing in 2025 appeared first on Dupree Financial.

In this Thanksgiving weekend edition of The KE Report, we first sit down with Dave Erfle to dig into the current consolidation in gold and silver, the surge in quality juniors, and what could still go wrong. In the second half, Josef Schachter breaks down why natural gas looks fundamentally stronger than oil, how LNG, data centers, and storage trends are reshaping the market, and where dividend and growth investors can find value in beaten-up energy names. Segment 1 & 2 - Dave Erfle, founder and editor of Junior Miner Junky, discussing gold's consolidation around a new floor near $4,000, silver's leadership as it builds support near $50, and the resulting strength and takeover activity among quality precious-metal miners. He also highlights sector risks, the impact of recent financings and dilution, limited tax-loss selling pressures, and how he's managing and rotating junior mining positions into year-end. Click here to visit the Junior Miner Junky website to learn more about Dave's investment letter - https://www.juniorminerjunky.com/   Segment 3 & 4 - Wrapping up the show is Josef Schachter, founder and editor of the Schachter Energy Report and the Eye on Energy report on Substack, who outlines a bullish case for natural gas driven by LNG exports, data-center demand, and tightening storage, while maintaining a cautious but opportunity-focused outlook on oil. He also highlights where investors can find value in dividend-paying and growth-oriented energy equities ahead of a potential multi-year sector uptrend. Click here to learn more about The Schachter Energy Report - https://schachterenergyreport.ca/. And check back in December to take advantage of his upcoming special.    If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X for more market commentary and company interviews. Don't forget to subscribe and leave us a review!   For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.

For months, the Trump administration and industry groups have been asserting that EU regulations on methane emissions could result in a sharp decline in — or even an end to — U.S. LNG flows to the EU.

Upthinking Finance™ is now trademarkedIs the energy transition really leaving oil and gas behind, or is the story more complicated? In this episode, Emerson sits down with Simon Lack, CFA, Managing Partner at SL Advisors and veteran of more than four decades in investment management, to unpack what is actually happening inside the midstream energy space.Simon draws on his experience as an investor, author, and board member of the CFA Society in Naples, Florida to walk through the history of MLPs, the painful reset after 2014, and why he believes natural gas and energy infrastructure are positioned to be long term winners in a world hungry for power, data, and reliability. You will want to hear this episode if you are interested in...Why energy infrastructure still matters for retirement income (00:00)The shale revolution, overbuilding, stranded assets, and the downturn into 2015 (05:00)Three major headwinds, energy transition fears, overbuild, and the pandemic washout (11:30)Why Simon prefers natural gas over oil and why coal to gas was the real emissions win (15:00)LNG exports, global gas price gaps, and America's edge in cheap energy (19:00)AI, data centers, and why 24/7 power demand points straight back to natural gas (23:00)Pipelines as toll roads, inflation linkage through regulated tariffs, and protecting purchasing power (34:00)The limits of solar and wind, the case for nuclear, and the reality of global energy demand (39:00)EVs, range anxiety, and why the United States is a tough market for full electrification (43:00)Simon's philosophy for owning midstream as a long term income and value play (46:00)How an FX and hedge fund background led Simon into the midstream energy niche (47:30)From Rollercoaster To Reset: What Really Happened In MidstreamSimon walks through the origin story of MLPs in the late 1980s, explaining how tax advantaged structures attracted high net worth investors who were comfortable with K-1s in exchange for deferred income. That calm income story changed with the shale revolution. Rapid investment, overbuilding, and the emergence of stranded or underutilized assets pushed the sector into an extended downturn starting around 2014.Kinder Morgan's decision to cut distributions and then restructure its GP and MLP entities became a turning point. Many long time income investors faced both reduced cash flow and unexpected tax bills, leaving them frustrated and reluctant to come back. Over time, many MLPs converted to corporations, widened their investor base, and rethought how growth should be funded.Simon also highlights one underappreciated culprit in the 2020 crash, heavily leveraged closed end MLP funds that were forced to liquidate in March 2020, pushing prices far below what underlying cash flows justified. The upside, in his view, is that the weakest hands and structures have already been washed out of the system.Why Natural Gas, LNG, And AI Make Midstream So InterestingLooking forward, Simon makes a clear distinction between oil and natural gas. Oil, he notes, is mainly a transportation fuel and subject to policy swings. Gas is different. It is difficult and expensive to move, which means infrastructure assets that move it are often backed by long term, take-or-pay style contracts and relatively visible cash flows.He points out that the biggest real “energy transition” in the United States has already happened quietly. Shifting from coal to natural gas has reduced emissions meaningfully while keeping power reliable and affordable. At the same time, America's gas is far cheaper than in Europe or Asia, which sets the stage for robust LNG exports for years to come.Layered on top of LNG is the AI and data center build out. Data centers need power nearly 100 percent of the time, not 20 to 35 percent...

Ebben a mostani podcastban arra keresünk válaszokat Holoda Attila olajmérnökkel, energetikai szakértővel, hogy hogyan fonódik össze Magyarország energiaellátása a geopolitikai hatalmi játszmákkal, a mindennapi rezsiszámláinkkal és a nemzetközi szankciók következményeivel, amit a magyar kormányfő persze ellentmondásosan magyaráz. Szó lesz arról, honnan és hogyan érkezik hozzánk a gáz és az olaj, mit jelent az LNG, mi a különbség az orosz és más olajfajták között, és hogyan hat mindez a magyar gazdaságra. Megvizsgáljuk, mit ér valójában a rezsicsökkentés, lehetne-e nagyobb, kik profitálnak az energiaimportból, és mennyire átlátható ez az egész magyar energiarendszer. A beszélgetés betekintést nyújt a fosszilis korszak lehetséges lezárulásába és az új energiaforrások várható jövőjébe is.Hogyan támogathatja a munkánkat? - Legújabban már a Donably felületen is támogathat bennünket, itt ÁFA-mentesen segítheti munkavégzésünket: https://www.donably.com/friderikusz-podcast - De lehet a patronálónk a Patreon-on keresztül is, mert a támogatása mértékétől függően egyre több előnyhöz juthat: https://www.patreon.com/FriderikuszPodcast - Egyszerű banki átutalással is elismerheti munkavégzésünk minőségét. Ehhez a legfontosabb adatok az alábbiak: Név: TV Pictures Számlaszám: OTP Bank 11707062-21446081 Közlemény: Podcast-támogatás Ha külföldről utalna, nemzetközi számlaszámunk (IBAN - International Bank Account Number): HU68 1170 7062 2144 6081 0000 0000 BIC/SWIFT-kód: OTPVHUHB Akármilyen formában támogatja munkánkat, nagyon köszönjük!Kövessenek, kövessetek itt is:youtube: https://www.youtube.com/c/FriderikuszPodcastFacebook: https://www.facebook.com/FriderikuszPodcastInstagram: https://www.instagram.com/friderikuszpodcastSpotify: https://open.spotify.com/show/0TBImnF4bdNCvmhJwyOlRhAmazon Music: https://music.amazon.com/podcasts/a159b938-d63e-4927-9e9b-bea37bc378d3/friderikusz-podcastYoutube Music: https://music.youtube.com/playlist?list=PLu6L9HlV4-KuNOYy_rS97rP_Q-ncvF14rApple Podcasts: https://apple.co/3hm2vfiDeezer: https://www.deezer.com/hu/show/1000256535

Jon Herold and Burning Bright open Episode 410 with Thanksgiving updates and community banter before diving into a chaotic week defined by clashing storylines, contradictory reports, and information that simply doesn't add up. They break down the Democrats' sudden push around “illegal orders,” the reaction cycles on X, and the way influencers and media personalities are shaping public perception, sometimes accidentally, sometimes strategically. The Venezuela situation takes center stage as they sift through Emerald Robinson's sprawling thread, Trump's comments, conflicting details about catamarans, storms, cartel networks, and the State Department's unusual movements, all of which raise questions about what's really happening behind the scenes. Jon and BB also analyze the recent peace-call transcript involving Putin, shifting Ukraine war timelines, oil and LNG maneuvers, South American instability, and emerging signs of a global reshuffle. With humor, skepticism, and sharp geopolitical insight, they guide listeners through a week where the official narratives blur together, the contradictions pile up, and the truth feels buried beneath layers of noise.

BC talks big for a small bill on the Mental Health Act. Drug users challenge their conviction. The legislature may take another crack at electoral reform. CleanBC is working but needs help as Carney and Smith come to a pipeline agreement. Links Province taking action to strengthen involuntary care, better support patients B.C. says Mental Health Act changes intended to help nurses, but critics concerned | CBC News Canada's Drug Laws Face Challenge from Founders of Vancouver Compassion Club Rob Shaw: B.C. abandons compassion club it funded as founders face drug convictions A human rights-based approach to the toxic drug crisis Premier appoints new parliamentary secretaries for armed forces, primary care Democratic and Electoral Reform Committee Report CleanBC independent review B.C. LNG push threatens electricity supply: CleanBC review – Business in Vancouver Carney’s expected green light for oil pipeline causes unease in caucus and cabinet: sources | CBC News Carney and Smith to unveil energy deal in Calgary Thursday, source says – The Globe and Mail

Black Friday panic, Christmas chaos… and a derivatives-led global equity sell-off. In this episode of Talk Money To Me, Candice and Felicity zoom out from the noise and share six major investment themes set to shape portfolios in 2026 plus the ETFs, sectors and stocks they're watching right now.Recorded on 25 November 2025 following a sharp but non-fundamental global equity pullback driven by CTAs, futures activity and a VIX spike, the pair break down why retail investors have been buying the dip, not selling it and why the medium-term setup for equities remains constructive.They then reveal their 2026 Playbook, covering:⭐ Theme 1 – Mid-Duration Fixed Income & Floating RatesWhy the 3–5 year part of the curve, senior bank notes, floating-rate notes and diversified bond ETFs (like MQSD) are compelling defensive anchors heading into an uncertain rate environment.

Trong số các thỏa thuận về thương mại và an ninh – quốc phòng mà Washington và Seoul cùng thông báo hôm 14/11/2025, hồ sơ đáng quan tâm nhất là việc Hoa Kỳ chấp nhận để Hàn Quốc đóng tầu ngầm tấn công chạy bằng năng lượng hạt nhân cho hải quân cả hai nước. Dự án này, nếu được thực hiện, đánh dấu một bước ngoặt lớn, khẳng định hơn nữa thế thống trị của Hàn Quốc trong lĩnh vực công nghiệp hàng hải cũng như là sức mạnh hải quân nước này. « Ngành đóng tàu, lá chủ bài để Hàn Quốc đàm phán thuế quan với Mỹ », ngày 23/06/2025, trang Le Marin chuyên về kinh tế hàng hải đã đưa ra nhận định này. Seoul sở hữu một công nghiệp đóng tàu bậc nhất thế giới, chỉ sau Trung Quốc. Thậm chí nước Mỹ của Donald Trump, ngày càng bị Trung Quốc bỏ xa trong lĩnh vực hàng hải, gần đây phải đưa tàu chiến của mình đến bảo trì tại các xưởng của Hàn Quốc, một quyết định mang tính chiến lược. Truyền thống hàng hải lâu đời Thế mạnh ngành công nghiệp này đã có từ xa xưa, nhưng chúng thực sự trở thành một trong những chiến lược quan trọng của đất nước khi tổng thống Park Chung Hee (1962 – 1979) lên nắm quyền. Trong thập niên 1960, ông đã quyết định thúc đẩy phát triển các ngành công nghiệp nặng, bao gồm cả sản xuất thép (Hàn Quốc là nhà sản xuất thép hàng thứ tư trên thế giới), vượt qua Nhật Bản vào thời điểm chuyển giao thế kỷ, vốn thống lĩnh thị trường đóng tàu trong một thời gian dài sau Đệ Nhị Thế Chiến cho đến khi bị ngành đóng tàu giá rẻ Trung Quốc cạnh tranh gay gắt. Từ Seoul, thông tín viên Trần Công nhắc lại đôi nét lịch sử phát triển ngành đóng tàu Hàn Quốc : « Từ thời Đô đốc Yi Sun Sin (1545 – 1598), kỹ nghệ đóng tàu của Triều Tiên đã góp phần quyết định giúp quân dân Hàn Quốc đánh bại hải quân Nhật Bản trong cuộc chiến tranh bảo vệ đất nước. Chiến thuyền “Tàu Rùa” với cấu trúc bọc sắt độc đáo đã trở thành nền tảng lịch sử cho truyền thống hàng hải của quốc gia này. Bước sang thời cận đại, ngành đóng tàu Hàn Quốc chính thức hình thành từ năm 1929 với sự ra đời của các xưởng cơ khí và cơ sở đóng tàu đầu tiên. Giai đoạn Thế chiến II và thời kỳ Nhật Bản chiếm đóng khiến đất nước chìm trong xung đột, nhưng nhu cầu tàu vận tải và quân sự đã tạo nền móng ban đầu cho kỹ thuật đóng tàu hiện đại. Đến cuối thập niên 1960, sau khi Hyundai bước vào lĩnh vực đóng tàu, mở ra bước ngoặt lịch sử và đặt nền móng cho sự trỗi dậy của ngành. Tuy nhiên sau cuộc khủng hoảng tài chính toàn cầu và áp lực cạnh tranh giá rẻ từ Trung Quốc, ngành đóng tàu Hàn Quốc từng có giai đoạn chững lại nghiêm trọng vào những năm 2012–2016. » Tại Ulsan (đông nam Hàn Quốc), xưởng đóng tàu lớn nhất thế giới của tập đoàn Hyundai Heavy Industries (HHI), cung cấp việc làm cho khoảng 21 ngàn người lao động, mỗi năm cho xuất xưởng đến 50 loại tầu cỡ lớn bao gồm thương mại và quân sự. Năm 2024, hãng HHI ký kết đến 9 tỷ đô la hợp đồng, theo như phóng sự của kênh truyền hình Pháp France 24 ngày 29/10/2025. Một trong những mặt hàng chủ lực của Ulsan là tàu chở khí hóa lỏng, xưởng này có thể cung cấp mỗi năm từ 13-14 chiếc với ba loại tải trọng khác nhau 176, 180 và 216 ngàn tấn, theo như một phóng sự khác của Le Monde (ngày 16/09/2022). Cũng theo thông tín viên Trần Công, « ngày nay, Hàn Quốc đã vươn trở lại vị trí cường quốc số một thế giới về đóng tàu, đặc biệt ở các dòng tàu công nghệ cao như tàu chạy bằng khí hóa lỏng (LNG carrier), tàu chở dầu thô cực lớn (VLCC), tàu chạy methanol và các loại tàu thân thiện môi trường. Ba tập đoàn HD Hyundai, Hanwha Ocean và Samsung Heavy Industries dẫn đầu toàn cầu về công nghệ, tiêu chuẩn an toàn và khả năng chế tạo tàu cỡ lớn. Ngành đóng tàu hiện là trụ cột kinh tế, chiếm tỷ trọng lớn trong xuất khẩu (khoảng 7%-8%) và là biểu tượng cho năng lực kỹ thuật, công nghiệp và sáng tạo của Hàn Quốc trong kỷ nguyên mới. » Ngành đóng tầu : Một trong những trụ cột kinh tế Một nhịp độ sản xuất khiến các đối thủ châu Âu vất vả đuổi theo. Ngay vào năm 1987, xưởng đóng tàu của Thụy Điển là Kockums đã phải tuyên bố phá sản. Báo Pháp Le Marin cho biết, trước khi Donald Trump đe dọa áp thuế, xuất khẩu của Hàn Quốc đạt mức kỷ lục trong năm 2024. Các phân tích dữ liệu cho thấy, ngành đóng tàu là một trong những đầu tàu chính của kinh tế đất nước : lĩnh vực này chiếm gần 4% tổng kim ngạch xuất khẩu Hàn Quốc và trong năm 2024, đã tăng lên gần 20% so với năm 2023. Để có thể phát triển mạnh ngành công nghiệp này, Hàn Quốc đã có những chiến lược như thế nào ? Đâu là những thế mạnh của ngành công nghiệp đóng tầu Hàn Quốc ? Thông tín viên Trần Công giải thích tiếp : « Hàn Quốc sở hữu lợi thế địa lý hiếm có trong ngành đóng tàu khi gần như bốn bề giáp biển, chỉ phần phía bắc tiếp giáp Triều Tiên nên mọi hướng phát triển kinh tế đều tự nhiên hướng ra đại dương. Với bờ biển dài, nhiều vịnh sâu, khí hậu ổn định và hệ thống cảng tự nhiên thuận lợi, Hàn Quốc từ lâu đã hình thành truyền thống hàng hải và nền tảng phát triển công nghiệp biển mạnh mẽ. Vị trí nằm giữa Trung Quốc – Nhật Bản cũng tạo ra mạng lưới thương mại nhộn nhịp, thúc đẩy nhu cầu đóng tàu và dịch vụ kho bãi cảng biển (logistics). Song song với lợi thế địa lý, Hàn Quốc còn dẫn đầu thế giới về công nghệ đóng tàu, đặc biệt ở các lĩnh vực LNG carrier, VLCC, tàu chạy nhiên liệu xanh và hệ thống tự động hóa thông minh. Quan hệ chặt chẽ với Mỹ, châu Âu và các tập đoàn năng lượng toàn cầu giúp Hàn Quốc luôn tiếp cận sớm tiêu chuẩn mới, công nghệ mới và giữ vị thế đối tác chiến lược trong các dự án hải quân, hải dương. Ba tập đoàn HD Hyundai, Hanwha Ocean và Samsung Heavy Industries duy trì mạng lưới hợp tác mạnh mẽ, từ Nghiên cứu – Phát triển (R&D) đến sản xuất, tạo ra hệ thống công nghệ bậc nhất thế giới. Về chiến lược phát triển, Hàn Quốc đặt mục tiêu duy trì vị trí dẫn đầu bằng cách tập trung vào các loại tàu giá trị cao, đầu tư mạnh vào nhiên liệu sạch như LNG–amoniac–methanol, đẩy nhanh áp dụng công nghệ số trong ngành công nghiệp đóng tàu (digital shipyard), và mở rộng lĩnh vực hải dương như tàu Sản xuất, Lưu trữ và Hạ tải (FPSO), tàu khoan (drillship), tàu khai thác khí thiên nhiên hóa lỏng (FLNG). Nhà nước hỗ trợ qua chính sách tín dụng xuất khẩu, đào tạo nhân lực tay nghề cao và quy hoạch các cụm công nghiệp biển. Nhờ định hướng dài hạn này, ngành đóng tàu Hàn Quốc tiếp tục giữ vai trò trụ cột trong kinh tế quốc gia và là tâm điểm của tương lai công nghiệp biển toàn cầu. » Đóng tàu nhanh, chi phí thấp và kỹ thuật tiên tiến là những lợi thế cạnh tranh mạnh của Hàn Quốc, hiện chiếm đến ¼ thị phần thế giới. Đây cũng chính là những thứ mà nước Mỹ đang thiếu. Trên bảng xếp hạng, Trung Quốc và Hàn Quốc chiếm các vị trí đầu bảng, còn Hoa Kỳ hầu như vắng bóng. Báo cáo của Quốc Hội Mỹ đưa ra hồi tháng 11/2023, được tờ Wall Street Journal (23/09/2024) dẫn lại, cho thấy Trung Quốc, Hàn Quốc và Nhật Bản sản xuất ra những con tàu chiếm hơn 90% trọng tải của thế giới, trong khi Mỹ chỉ đóng có 0,2%. Từ thương mại đến quân sự Việc tổng thống Mỹ Donald Trump bật đèn xanh cho phép Hàn Quốc đóng tầu ngầm chạy bằng năng lượng hạt nhân đánh dấu một bước ngoặt lớn trong ngành công nghiệp hàng hải đất nước. Một mặt, « điều này cho thấy Washington hoàn toàn thừa nhận tầm quan trọng vị thế chiến lược của Hàn Quốc với tư cách là một cường quốc hàng hải và đồng minh đáng tin cậy ở Ấn Độ - Thái Bình Dương. Sự ủng hộ của Hoa Kỳ không chỉ mang tính chính trị, mà còn có thể mang lại sự hợp tác chặt chẽ về công nghệ, phát triển công nghiệp và lập kế hoạch tác chiến », theo như đánh giá của nhà nghiên cứu Yu Ji-hoon, cựu sĩ quan Hải quân Hàn Quốc, người đã tham gia sâu rộng vào các chương trình tàu sân bay và tàu ngầm của Hải quân, trong một chương trình của Arirang News (12/11/2025). Mặt khác, điều này cho phép Seoul thực hiện tham vọng tăng cường năng lực phòng thủ hải quân mà nhiều đời tổng thống đã theo đuổi nhưng bất thành do vấp phải sự phản đối từ Mỹ. Tuy nhiên, quyết định đóng tầu ngầm trong nước của tổng thống Lee Jae Myung cũng làm dấy lên nhiều tranh luận trong giới chuyên gia và truyền thông Hàn Quốc cũng như quốc tế, khi lo rằng tham vọng này của Seoul có nguy cơ mở ra một cuộc chạy đua vũ trang trong vùng Đông Bắc Á. Từ Seoul, thông tín viên Trần Công tường thuật : « Sau khi Tổng thống Lee Jae-myung công khai mong muốn đóng tàu ngầm hạt nhân (SSN) tại Hàn Quốc, việc tự đóng SSN trong nước đang tạo ra làn sóng ý kiến mạnh mẽ từ giới chuyên gia, khu vực và báo chí quốc tế. Giáo sư Mun Geun-sik (Hanyang University) khẳng định Hàn Quốc hoàn toàn có năng lực nội địa hóa SSN, từ thiết kế thân tàu, chế tạo lò phản ứng tới hệ thống điều khiển – điều mà Philadelphia không thể đáp ứng do thiếu toàn bộ hạ tầng tàu ngầm. Nghị sĩ Yoo Jung-ju cũng nhấn mạnh rằng Philadenphia chỉ là xưởng đóng tàu thương mại, và nếu xây dựng dây chuyền hạt nhân từ đầu sẽ mất 5 – 10 năm, nên “đóng trong nước là lựa chọn duy nhất hợp lý”. Giáo sư Peter Ward (Sejong Institute) đưa ra góc nhìn chiến lược hơn, cho rằng Hàn Quốc cần thành lập Ủy ban Mỹ – Hàn về đóng tàu ngầm để kết nối Nghiên cứu & Phát triển – sản xuất – chuỗi cung ứng nhằm rút ngắn thời gian triển khai và giải quyết các rào cản pháp lý. Trong khi đó, giáo sư Kim Yong-hun (Amherst College) nhấn mạnh trở ngại thực sự không phải công nghệ, mà là nhiên liệu hạt nhân, và dự báo Mỹ vẫn muốn giữ quyền kiểm soát phần lò phản ứng trong khuôn khổ hợp tác. Báo chí Nhật Bản đánh giá rằng Hàn Quốc đã âm thầm chuẩn bị năng lực đóng tàu ngầm hạt nhân trong nhiều thập kỷ, nhưng kế hoạch liên tục bị đình trệ vì phụ thuộc hoàn toàn vào sự chấp thuận của Mỹ trong vấn đề cung cấp uranium làm giàu. Các tờ như Sankei Shimbun và Mainichi nhận định việc Tổng thống Lee Jae-myung công khai theo đuổi SSN, cộng với sự đồng thuận mới từ Washington, đã tạo ra “cơ hội thực tế đầu tiên” để Seoul hiện thực hóa chương trình vốn bị bỏ lỡ từ những năm 1990. Tuy nhiên, truyền thông Nhật cũng cảnh báo rằng nếu Hàn Quốc sở hữu tàu ngầm hạt nhân, cục diện an ninh Đông Bắc Á sẽ biến động mạnh, đẩy Trung Quốc vào trạng thái cảnh giác cao độ và làm gia tăng cạnh tranh chiến lược trong khu vực. Bắc Triều Tiên thậm chí chỉ trích kế hoạch của Seoul là “màn dạo đầu cho hiệu ứng domino hạt nhân”, đồng thời tuyên bố sẽ tăng cường hợp tác quân sự với Trung–Nga để đối trọng. Dù vậy, các chuyên gia Hàn Quốc đều thống nhất nhận định : nếu vấn đề nhiên liệu được tháo gỡ, Hàn Quốc có đủ năng lực công nghiệp để tự đóng SSN, và đây sẽ là bước ngoặt nâng tầm tự chủ quốc phòng trong bối cảnh môi trường an ninh khu vực ngày càng biến động. » Dự án hợp tác đóng tầu ngầm Hàn – Mỹ có thể biến thành hiện thực hay không vẫn là một câu hỏi lớn vì nhiều lý do. Tuy nhiên, hầu hết giới chuyên gia đều có chung một nhận xét : Để rút ngắn khoảng cách với lực lượng hải quân Trung Quốc, nước Mỹ của Donald Trump giờ phải dựa vào các đồng minh châu Á. Ông cũng hiểu rằng khẩu hiệu « America First » còn đồng nghĩa với « America Alone » !

It is our honor to welcome back Governor Mike Dunleavy of Alaska. We last hosted the Governor on COBT in May of 2023 (episode linked here), and there has been much to cover since our last visit. Governor Dunleavy is Alaska's 12th Governor and was first elected in 2018 (and again in 2022). He moved to Alaska in 1983 and served as a teacher, principal, and superintendent in Arctic communities before his 5-year term as a State Senator from 2013 to 2018. Throughout his career, Governor Dunleavy has been committed to opening Alaska to new business and investment. We were thrilled to host the Governor to explore the latest energy developments in Alaska, what's top of mind for the state, and more. In our conversation, we explore Alaska as an “energy laboratory” given the state's unique mix of energy production, policy, federal lands, abundance of water, technology, and geopolitics. We discuss the impact of shifting federal administrations on Alaska, the scale and federal ownership of its land, and the statehood mandate to develop its resources to fund government operations. We examine the need for legislative reform to address the problems of both “lawfare” and permitting, the growing opportunity around rare earths and critical minerals in Alaska, the benefits of the federal government as an equity partner, mining as a national security issue, post-COVID workforce shifts, and the renewed importance of trade work and skilled labor. Gov. Dunleavy shares his perspective on affordability and energy prices in Alaska, current issues around the need for more gas supply and potential LNG imports, and the Alaska Natural Gas Pipeline (AGLNG Glenfarne Project). He outlines his vision for Alaska's future as a premier location for AI data centers and its ambition to be the data transportation capital of the world. We touch on Alaska's desire to “create the future” rather than simply react to it, the role and gatekeeping power of the Army Corps of Engineers in 404 water permits, and Alaska's strategic position as “America's fort” in the Arctic. We also discuss the Alaska Sustainable Energy Conference, with its fifth iteration taking place in May 2026, which Veriten is excited to attend. We greatly enjoyed hosting Governor Dunleavy and look forward to staying in touch. To start the show, Mike Bradley highlighted that markets continue to be volatile from week to week. On the bond market front, the 10-year bond yield has traded down to under 4% on optimism that Kevin Hassett looks to be the frontrunner for Chairman of the Federal Reserve. Hassett is considered more dovish and so markets are responding positively, at least initially, for the potential of additional interest rate cuts in 2026. On the broader equity market front, the DJIA was also up 500-600 points on optimism that more interest rate cuts are coming in 2026 despite US economic readings being a bit mixed. On the oil market front, WTI price is now trading under $58/bbl due to continued concerns of a global oil oversupply situation in 2026 (anywhere from 2- 4mmbpd) and potentially into 2027. JPM jumped further onto the bearish oil bandwagon this week, indicating that oil prices in 2027 could trade under $40/bbl. He closed by noting that some initial momentum for a Russia/Ukraine peace plan has also weighed on oil prices this week. Thanks again to Governor Dunleavy for sharing his time and for a fantastic discussion. Please stay tuned for a Special Edition COBT episode publishing on Thanksgiving Day! Our best to you all.

Some market observers see a massive wave of LNG supply ready to flood the market, but the fears of cargo cancellations may be exaggerated, with the “great wave” more like a gradually rising tide. 

Hub Headlines features audio versions of the best commentaries and analysis published daily in The Hub. Enjoy listening to original and provocative takes on the issues that matter while you are on the go.   0:18 - How much LNG would Canada need to be a real player on the global market?, by Peter Tertzakian   7:39 - There is no room for pacifists in the culture wars, by Howard Anglin   17:20 - Federal spending on Old Age Security will outpace child care, housing, and postsecondary education combined, by Graeme Gordon   This program is narrated by automated voices. To get full-length editions of popular Hub podcasts and other great perks, subscribe to the Hub for only $2 a week: https://thehub.ca/join/hero/   Subscribe to The Hub's podcast feed to get all our best content: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Watch The Hub on YouTube: https://www.youtube.com/@TheHubCanada Get a FREE 3-month trial membership for our premium podcast content: https://thehub.ca/free-trial/ The Hub on X: https://x.com/thehubcanada?lang=en   CREDITS: Alisha Rao – Producer & Sound Editor   To contact us, sign up for updates, and access transcripts, email support@thehub.ca

Viele deutsche Gasspeicher sind aktuell nur zu 75 Prozent befüllt - vergangenes Jahr waren es noch knappe 100 Prozent. Ist das jetzt schlimm und warum gibt es eigentlich unterschiedliche Füllstände beim Gas? Das klären Jürgen Webermann und Melanie Böff in dieser Folge. Gasspeicher: Der aktuelle Füllstand in Deutschland: https://www.ndr.de/nachrichten/info/Gasspeicher-in-Deutschland-So-steht-es-um-die-Fuellstaende,gasspeicher120.html

NGI's Jacob Dick, senior editor of LNG, sits down with Charif Souki, co-founder of Cheniere Energy Inc. and a pioneer of the U.S. LNG industry, to discuss how the critical transformation of the U.S. natural gas industry that turned the country into the world's largest LNG exporter is reshaping global markets. Souki examines how the shale revolution, technological advances and massive resource discoveries transformed U.S. production and unlocked decades of low-cost supply.  He also notes that LNG demand has created new challenges for producers, who now depend on export markets as physical gas consumption has ballooned to unprecedented levels. He also outlines how evolving economics, higher construction costs and shifting contract structures are pushing LNG developers toward more merchant-style risk. Looking forward, Souki says ongoing technological breakthroughs, especially deeper drilling and improved productivity, continue to expand U.S. resource potential and would shape the next era of LNG growth.

Brent råolieUkraine intensiverer angreb mod russiske olieanlæg og reducerer eksporten af råolie og produkter. Sanktioner bremser også eksporten. Vi fastholder prognosen for december på 62 dollar og forventer, at et globalt overskud presser prisen ned mod 55 i 2. kvartal 2026, før lavere amerikansk produktion, stigende efterspørgsel og OPEC-strategi løfter prisen til $60-70 senere i 2026 og ind i 2027.DieselPresset på den russiske olieeksport tager til, og vi ser ingen tegn på geopolitisk permanent løsning. Vi løfter prognosen for dieselraffinering, og det betyder, at lavpunktet for diesel mod sommeren nu ligger på DKK 3,20. Hvis prissikringen af dieselforbruget for 2027 endnu ikke når vores anbefaling på 50%, så er dagens CAL27-pris på ca. DKK 3,33 en attraktiv mulighed – kun 15 øre fra vores prognose.NaturgasGasprisen falder efter amerikansk fredsplan. Planen ligner en ukrainsk overgivelse, som Ukraine og Europa næppe accepterer – vi forventer ingen snarlig fred med Rusland. Vinteren rummer ekstra risici med koldere vejr og LNG-forsinkelser i USA. Vi anbefaler danske virksomheder at afdække vinterens gasforbrug mere end normalt og hæve prissikringen for vinteren 2026/2027 fra lav til normal.Læs hele analysen her.Vigtig investorinformation.

In this episode, Leslie Palti-Guzman exchanges with Ed Morse, one of the world's most respected voices in global oil markets, for a rapid strategic tour of today's biggest geopolitical flashpoints and how they're reshaping energy flows. We discuss why oil prices have remained remarkably stable despite shocks in the Middle East and Latin America, and why the Brent and WTI forward curves are telling a deeper story about fundamentals vs. geopolitics. We cover:

On this Weekend Show, Tavi Costa and Dan Steffens walk through where they see real value today: high-quality junior precious and base metal names positioned for M&A, and a structurally tightening energy market led by natural gas and overlooked oil producers. It's a big-picture roadmap for investors who want to own the next leg of the resource bull market.   Segment 1 & 2 - Tavi Costa, Partner at Crescat Capital, joins us to share his big-picture outlook on where he sees the best value in the resource space, from junior precious-metal explorers and the majors' slow approach to M&A, to his growing conviction in copper, zinc, and energy (oil and gas) as both key opportunities and a hedge for mining investors. Click here to visit the Crescat Capital website  The opinions and information shared by Tavi in this discussion are his own, and not necessarily those of Crescat. Any investments discussed may or may not be held by Crescat. Investments carry risk including risk of loss.   Segment 3 & 4 - Dan Steffens, President of the Energy Prospectus Group, wraps up the show sharing his bullish outlook on natural gas driven by winter weather, rising LNG exports, and growing power demand, while also outlining why he believes oil fundamentals remain tighter than current prices suggest and where he sees the best opportunities in oil and gas equities amid an active M&A environment. Click here to visit the Energy Prospectus Group website for more energy market and stock analysis   If you enjoy the show, be sure to subscribe to our podcast feed (KER Podcast), YouTube channel, and follow us on X for more market commentary and company interviews. Don't forget to subscribe and leave us a review!   For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/   Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.

Ann Vandersteel sits down with early Abaxx investor Joseph Metcalf, CIO Gourdet-Metcalf, to unpack one of the most compelling financial revolutions of our time. From the creation of the world's first physically-deliverable LNG and carbon futures to the tokenization of real-world collateral through Abaxx's Digital Title Framework, this episode explores how Abaxx is redefining the infrastructure of global trade.We'll break down how this Singapore-based exchange differs from SWIFT, blockchain, and Wall Street's tokenization narrative — and why Abaxx's fusion of law, identity, and technology could unlock a trillion-dollar commodities transformation.https://abaxx.exchange/https://www.abaxx.tech/

Winter is coming, and so are the big questions for natural gas. From near-record storage levels and shifting weather models to surging LNG exports and price volatility, the natural gas market is facing one of its most complex setups in years. To help sort through it all, Andy Huenefeld, a seasoned energy market analyst with Pinebrook Energy Advisors and managing partner at the firm, joins NGI's Jodi Shafto, senior markets editor, to discuss the major market drivers that could send natural gas prices soaring this winter heating season.

Recorded November 17th 2025 and October 16th, 2025 https://youtu.be/wwjALnq6FAQ Episode 145 of the PetroNerds podcast is another deep dive conversation with Trisha Curtis on the state of oil prices, natural gas and AI, electricity prices, geopolitics, OPEC Plus and Saudi Arabia, and Russia and China.  This is Trisha Curtis' keynote address to Whitley Penn's Fueling the Future Dallas, Texas conference on October 16th, 2025.  Trisha is joined by the moderator of the fireside chat, Buffie Campbell, Director at Whitley Penn.  Before this keynote, Trisha provides PetroNerds listeners with a fresh market update recorded on November 17th, 2025 covering the recent rise in natural gas prices and LNG exports, oil prices, Japan and China rift, and the Fed. The keynote address and conversation starts with the negativity surrounding oil prices and state of the market, why oil prices keep trading lower, US oil production vs. sentiment and risks in the auto market and the US and global economy.  Trisha talks about the poor understanding of China's economy and oil demand, oil on the water, ceasefire in Gaza, and Trump's potential meeting with Putin, peak shale vs. plateau shale, and $67/barrel WTI average for 2025.  Buffie asks Trisha about policies and “Drill Baby Drill” and Trisha discusses rigs, lateral lengths, horsepower, and efficiencies. She talks about the Administration's desire for low oil prices, AI and infrastructure needs and electricity prices, and says “we do not have a problem with natural gas supply, we have a problem getting it into the grid.”  Trisha discusses electricity prices in the US vs. the rest of the world, specifically China and Germany.  She gets into OPEC Plus production increases and Saudi Arabia, whether they understand US shale, Iraq and Iran, and sanctioning Russia.  She talks about how US oil production gives the US incredible geopolitical opportunity and flexibility.  Buffie asks Trisha about geopolitics and China and Trisha discusses Indian and Chinese purchases of Russian crude, China and rare earth minerals, risks and lessons from Russia, US vs. China refining capacity, and refining rare earths.    Buffie asks Trisha about AI and job layoffs and the oil and gas industry layoffs.  Trisha explains how important it is to develop infrastructure for natural gas from the wellhead to end consumption, the hype around AI and power demand, and the hotness of the midstream.  In Q&A Trisha talks about wind and solar, coal, access to energy and human rights abuses, refining margins, and national security.

Greece is trying to secure a central role in the global energy game. In this episode of *The Agora*, we explore how a flurry of recent deals is positioning the country as a key player in the transatlantic energy landscape.From the launch of the Vertical Corridor - linking U.S. LNG to Ukraine via Greece - to offshore drilling in the Ionian Sea and the revival of the Great Sea Interconnector (GSI) with Cyprus, the stakes are high but the ambitions seem to be even higher.Is this a strategic masterstroke or a risky bet? Host Nick Malkoutzis is joined by MacroPolis energy expert Georgia Nakou to unpack the geopolitical, environmental and domestic implications of Greece's energy pivot.We examine whether Greece can balance power and principle in its new starring role.Useful readingIonian Sea gas exploration deal a ‘vote of confidence' - KathimeriniGreece signs first long-term deal to supply Europe with US LNG - ReutersAthens and Kyiv sign LNG deal as Greece adopts US energy agenda - PoliticoGreece: Offshore gas instead of green energy projects? - Deutsche Welle Hosted on Acast. See acast.com/privacy for more information.

Lithuania's Foreign Minister Kęstutis Budrys joins Cipher Brief CEO Suzanne Kelly in Washington with a blunt warning: Western military restraint is encouraging, not deterring, the Kremlin. Budrys explains why Lithuania is raising defense spending to more than 5% of GDP by 2026—the highest in the democratic world—and pushing NATO toward offensive deterrence and denial "from the very first inch." He details Belarus' role as a state-enabled criminal actor, from weaponized migration to smuggling operations using high-altitude balloons that forced Lithuania to shut down its main international airport, and why Minsk deserves tougher sanctions. Budrys also walks through recent Russian gray-zone activity in the Baltic Sea and NATO airspace, arguing that only stronger posture—not de-escalation—has stopped undersea infrastructure attacks and drone incursions. The Minister lays out what a potential Ukraine ceasefire would mean for the Baltics, why Vilnius is committing 0.25% of GDP annually to Ukraine's security for ten years, and how Russian forces redeployed from Ukraine could reshape the threat on NATO's eastern flank. He also highlights Lithuania's energy break from Moscow—now sourcing 75% of its LNG from the U.S.—and its push for tougher economic security policies toward China as it prepares to hold the EU presidency in 2027. A candid, front-line view of deterrence, gray-zone warfare, and the future of the transatlantic alliance.

Ashe in America and Jackie Espada return after a GART break with a powerful, wide-ranging episode that dives straight into the stories shaping America's future. From Noah Harari's chilling statements on surveillance, data ownership, and the manipulation of human behavior, to the explosive rise of wearables like the Oura Ring and what biometric tracking really means for personal sovereignty, the hosts unpack how global elites use narratives to engineer compliance. Ashe and Jackie also explore the unfolding debate around H1B visas, Trump's controversial comments, and the long-term consequences of globalization hollowing out American talent. They analyze Alaska's massive LNG developments, the rescinding of restrictive energy regulations, and how U.S. dominance in energy is quietly being restored while the media obsesses over Epstein and H1B outrage cycles. With sharp cultural insight, deep policy breakdowns, and their signature blend of humor and straight talk, Ashe and Jackie illuminate why America's momentum is accelerating, and why the establishment can't keep up.

Ghost delivers a massive, real-time breakdown of Crown Prince Mohammed bin Salman's historic White House visit with President Trump, calling it the most consequential U.S.–Saudi meeting in generations. He tracks every detail of the day—F-35 and F-22 flyovers, the investment announcements, the unusual schedule, the symbolism, and the trillion-dollar commitment that signals a deep strategic realignment. Ghost lays out how Vision 2030, semiconductor reshoring, rare-earth partnerships, LNG expansion, and a new wave of American manufacturing all interlock into a single, long-term plan to secure the next era of global power. He dives into Arab News messaging, analyzes Saudi media signals, explains why the Saudis are diversifying beyond oil, and even breaks down the architectural ambitions reshaping Riyadh. From the UN's Gaza stabilization force to Sudan's civil war, from U.S. troop placement to global supply-chain engineering, Ghost follows the geopolitical threads connecting the Middle East, Asia, Africa, Latin America, and Washington, arguing that we're watching the formation of a new golden age built on U.S.–Saudi partnership and Trump's economic vision.

This week on the podcast, Jackie and Peter break down the Canadian government's latest release of nation-building projects. The second tranche includes a major LNG export development, Ksi Lisims LNG, along with a new electricity transmission line in Northwest B.C., three mining projects, and plans for a Northwest Critical Conservation Corridor. They then turn to the IEA's World Energy Outlook (WEO) 2025, which reintroduces the Current Policies Scenario (CPS) after a five-year hiatus. The CPS examines how global energy demand evolves under existing policies and shows oil and gas consumption continuing to grow through 2050. The report also highlights the energy requirements of rapidly expanding AI data centers. Jackie and Peter debate how this surge in load will be met—and which energy sources are most likely to power it. Content referenced in this podcast includes:Prime Minister Carney announces second tranche of nation-building projects referred to the Major Projects Office (November 13, 2025) IEA World Energy Outlook 2025 (November 12, 2025) Open Circuit Podcast (November 7, 2025) The Stargate Project (January 2025) How Meta's Data Centers Drive Economic Growth Across the US (November 7, 2025) US electric vehicle sales slow as Trump champions petrol (November 13, 2025) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stuart Turle and Michael Tanner break down why “location, location, location” is driving the resilience—and risks—of U.S. drilling programs as breakeven costs diverge sharply across basins. They unpack rising natural gas prices amid LNG export demand, Germany's shaky energy outlook, and a wave of renewable sector troubles from Pine Gate Renewables' bankruptcy to Ørsted's massive losses. The hosts also highlight coal's global comeback, the long-term implications of U.S. turbine shortages, and Chevron's move into behind-the-meter Permian power for AI data centers. Plus, they take aim at COP30 drama and Gavin Newsom's energy commentary, contrasting political narratives with real-world demand for molecules—not slogans.Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn:https://www.linkedin.com/in/stuturley/ andTwitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... andTwitter: https://twitter.com/mtanner_1 Timestamps: 00:00 - Intro00:15 - U.S. Drilling Programs Are Resilient, but It Depends on the Location03:53 - U.S. Natural Gas Futures Up on Record LNG Export Demand, and Low Storage Numbers07:25 - Pine Gate Renewables files for bankruptcy, selling solar business and project portfolio13:04 - COPs from the UN have failed and it is time for a real dose of climate realism – What will Gavin Newsom do now for a speech punch line?16:01 - Trump Predicted the return of Coal, but not to it's glory days in the U.S. – Doug Sheridan18:34 - Chevron Rolls Into West Texas for First Data Center Power Project – Following Liberty Energy's Business Model21:09 - Outro Links to articles discussed:U.S. Drilling Programs Are Resilient, but It Depends on the LocationU.S. Natural Gas Futures Up on Record LNG Export Demand, and Low Storage NumbersPine Gate Renewables files for bankruptcy, selling solar business and project portfolioCOPs from the UN have failed and it is time for a real dose of climate realism – What will Gavin Newsom do now for a speech punch line?Trump Predicted the return of Coal, but not to it's glory days in the U.S. – Doug SheridanChevron Rolls Into West Texas for First Data Center Power Project – Following Liberty Energy's Business Model

Greg Shearer speaks with Otar Dgebuadze and Nina Fahy on the rising global LNG supply, slowdown of demand in key established markets and how the infrastructure challenges limits significant demand growth in emerging LNG markets. Team thinks this ultimately warrants higher flexibility through storage and production in the US natural gas market.   Speakers:   Nina Fahy, Head of US Natural Gas Research Otar Dgebuadze, Natural Gas Research Greg Shearer, Head of Base & Precious Metals Research   This podcast was recorded on November 14, 2025. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5112751-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 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. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

The sanctions loophole allowing EU countries to import Russian LNG, the climate knowledge gap left by war, and the EU's largest rare-earth magnet factory… right on Estonia's Russian border. Later: inter-European high-speed rail travel, reducing the carbon footprint of cement, French reforestation and UK wine. + LNG report https://shorturl.at/nj93t + Cement report https://shorturl.at/qeXYY + ?maca=en-podcast_inside-europe-949-xml-mrss

Latin America is entering a period of rapid economic growth, urbanization, and industrial expansion. Unlike North America and Europe, where primary energy demand has been flat for more than a decade, the region's energy consumption is rising sharply. A young, increasingly urban population is pushing electricity and fuel demand higher, placing new pressure on infrastructure and supply. This demand surge is colliding with a second global shift: the explosive rise of AI and hyperscaler data centers. These digital megaprojects require enormous volumes of power, often sourced from natural gas, renewables, or hybrid portfolios. Latin America, with its prolific basins, high solar irradiation, hydropower potential, and significant natural gas reserves, is strategically positioned to supply this emerging demand. Yet the region remains capital constrained, and traditional financing channels have not kept up. New financial tools, such as tokenized assets, sustainable linked bonds, and AI-enabled verification, offer a path forward. These instruments can reduce sovereign risk premiums, improve transparency, and unlock large-scale investment in energy infrastructure, LNG, renewables, and data center development. My guest in this episode is Eduardo Rodriguez, founder and CEO of PoseidonX, who last joined the podcast in 2020 to discuss tokenization and information asymmetry in private markets. In this conversation, we explore how the landscape has shifted, why Latin America is becoming a focal point for global capital, and how digital finance can accelerate development across energy, infrastructure, and digital economies.

Poten & Partners' Jason Feer, global head of business intelligence, joins NGI's Jamison Cocklin, managing editor of LNG, to discuss how the rapid North American LNG export growth could slow down projects still in the development phase. They explore whether potential project delays could slow an expected LNG supply glut later in the decade, as well as how long oversupply could affect the natural gas market. Cocklin and Feer also discuss implications of the supply glut on U.S. natural gas prices and on global benchmarks, and how foreign offtakers could react to shifting prices. In the wake of six LNG projects having reached final investment decisions in 2025, they also delve into the viability of financing additional projects. 

This week on the podcast, Jackie and Peter share their insights on Canada's 2025 federal budget, released last week and expected to pass on November 17. They also briefly introduce the topic of COP30, which started the day they recorded, and Bill Gates' recent memo on climate.  They discuss several aspects of the budget, including the size of the deficit and debt, government plans to reduce day-to-day operating expenses, and several tax measures—notably, new Productivity Super Deduction and the updated accelerated capital cost depreciation rules for LNG, which are supportive, but still less generous than the Productivity Super Reduction. They also examine the introduction of new investment tax credits (ITCs) for clean energy. These incentives were largely anticipated, having been announced in the previous budget but never enacted. A major focus is the proposed Canada Climate Competitiveness Strategy, which aims to strengthen industrial carbon pricing while preventing carbon leakage. Jackie and Peter explore related policy commitments, including maintaining methane-reduction regulations and the Clean Electricity Regulation, along with signals of possible flexibility around the removal of the oil and gas emissions cap. However, they note that such flexibility may depend on the deployment at scale of carbon capture and storage, which remains uncertain.Content referenced in this podcast includes: Canada Budget 2025 Bill Gates Memo “Three tough truths about climate”  (October 2025) The Hub.ca article by Trevor Tombe “There's a big gap between rhetoric and reality” (November 2025) Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify 

In Episode 305 of UnSpun with Jody Vance and George Affleck, it's a wild ride from City Hall to Washington, with detours through measles outbreaks, LNG politics, and billion-dollar hypocrisy.Here's what's inside:

Democrats release emails from Jeffrey Epstein's estate that raise serious questions about Donald Trump and his knowledge of Epstein's crimes. CBC News has learned Prime Minister Mark Carney's second round of nation-building projects to include mines, LNG, and Iqaluit hydro. Canada imposes new sanctions targetting Russian cyber warfare, drone, and energy infrastructure. US Travel Association report says tourism industry lost close to 6 billion dollars in 2025, as Canadians cancelled trips to the US. Fighting breaks out at COP30 summit when Indigenous protesters storm conference center in Belém, Brazil. Canadians mobilize to send aid to the Philippines after Typhoon Fung-wong leaves a million people displaced. Canadian government to match individual Red Cross donations for Hurricane Melissa humanitarian relief in Jamaica, Cuba and Haiti.

The Ksi Lisims liquefied natural gas project near Prince Rupert is one of the next batch of nation-building projects the federal government is set to announce this week. The planned capacity is up to 12 million tonnes of LNG per year, representing a major economic and employment opportunity.Stewart Muir, the president and CEO of Resource Works, joins the show to discuss what LNG projects entail. Thomas Green, senior manager for climate solutions with the David Suzuki Foundation, joins the show to discuss potential environmental impacts of the project. And we take audience calls to weigh in on these "nation-building" LNG projects in Canada.

Energy is at the heart of the US-Greece relationship these days, especially with a landmark offshore gas exploration deal with ExxonMobil and a 20-year LNG agreement with the US. Thanos Davelis is joined by Ambassador Geoffrey Pyatt, as we look at how energy is driving US-Greece relations forward, and how it's giving the 3+1 partnership of Greece, Cyprus, Israel and the US a new boost.You can read the articles we discuss on our podcast here:Greece deepens US energy ties with first gas exploration deal in 40 yearsGreece, US ink 20-year LNG contract‘Achilles' Shield' defense program moving forward againSyrian President Sharaa arrives at White House in historic firstSyria's President Meets Trump at White House for First Time 

NGI's managing editor of Mexico, Christopher Lenton speaks with Alex Munton, global gas and LNG research lead at Rapidan Energy Group, about how the Trump administration is impacting North American natural gas markets. Munton highlights that while the industry welcomes a more favorable policy environment, rising costs are weighing heavily on upstream activity. This makes for a more complex dynamic for natural gas even as LNG demand surges. Munton also explains that the United States faces the daunting task of boosting production by roughly 20 Bcf/d to meet booming LNG exports and rising power demand. Against that backdrop, key gas plays like the Marcellus and Haynesville shales face infrastructure and cost hurdles. He also casts doubt on Mexico's and Alaska's LNG ambitions amid financing and logistical challenges, reinforcing why Gulf Coast terminals dominate. As affordability and energy costs become political flashpoints, Munton warns that high prices could reshape both the energy landscape and U.S. voter sentiment.

In this episode of Energy Newsbeat Daily Standup, Stu Turley and Michael Tanner break down why U.S. drilling success still comes down to “location, location, location.” They analyze breakeven costs across major basins, rising LNG demand and natural gas prices, and the growing acceptance of natural gas as a “clean” fuel. The hosts discuss Pine Gate Renewables' bankruptcy, Orsted's mounting losses, and the ripple effects of inflation on ConocoPhillips' Willow project. They wrap with insights on rig counts, production strategies, and why smart investors are turning back to oil and gas for real returns.Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn:https://www.linkedin.com/in/stuturley/ andTwitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... andTwitter: https://twitter.com/mtanner_1 Timestamps: Highlights of the Podcast 00:00 - Intro00:14 - U.S. Drilling Programs Are Resilient, but It Depends on the Location03:57 - U.S. Natural Gas Futures Up on Record LNG Export Demand, and Low Storage Numbers07:51 - UK, Japan, Germany and Other Countries Sign Declaration to Support a Global Market for Natural Gas with Lower Methane Emissions10:25 - Pine Gate Renewables files for bankruptcy, selling solar business and project portfolio15:53 - Market Updates17:12 - Rig Counts in the United States are Up, but What Does This Mean for Investors and Consumers?20:22 - ConocoPhillips Lifts Dividend 8% and Raises 2025 Output – What Should Investors Look For?24:30 - Outro Links to articles discussed:U.S. Drilling Programs Are Resilient, but It Depends on the LocationU.S. Natural Gas Futures Up on Record LNG Export Demand, and Low Storage NumbersUK, Japan, Germany and Other Countries Sign Declaration to Support a Global Market for Natural Gas with Lower Methane EmissionsPine Gate Renewables files for bankruptcy, selling solar business and project portfolioRig Counts in the United States are Up, but What Does This Mean for Investors and Consumers?ConocoPhillips Lifts Dividend 8% and Raises 2025 Output – What Should Investors Look For?

2025-11-09 | Silicon Wafers 051 | DAILY UPDATES | Despite the profusion of stories we've covered, the battle for Pokrovsk, energy sanctions, and so on, the most important strategic angle on the war this winter is the attritional energy war. And it's unlike the Western attitude to the war throughout all these four years – to cede the escalation dominance to Russia, always pulling punches, in support for Ukraine, and never allowing its ally to land a decisive blow on Russia. Now Ukraine is takin off the gloves, because below the nuclear threshold, there is nothing holding back Russia's viciousness and violence. Ukraine is seeking to inflict greater costs on Russia in the energy war, than it can impose upon Ukraine. This ‘escalation' is the only way to make it clear to Putin he cannot win and is the only way to inflict economic and social costs that start to make Putin's brittle regime appear vulnerable to its internal audience. Nothing else will get through to Putin. Nothing at all. Ukraine's “doomsday lever”? Hitting the Yamal network — myth vs. math. There is an inescapable logic to the course of this existential escalation for Ukraine's existence. It starts with testing the theory of imposing blackouts and heating denial to smaller, non-strategic Russian towns. Belgorod, Vladimir, Voronezh. And this is happening now. The next stage is to test supporting infrastructure around Moscow – electricity substations, energy supply routes for fuel, gas and oil products. This is happening. Beyond that, are substantial and extended blackouts in smaller towns, then Moscow and St. Petersburg. But that's not the final arrow in Ukraine's quiver. It has a doomsday option – hitting Yamal Cross. If none of the other escalatory steps lead to an unconditional ceasefire, then I suggest it's a near certainly that we'll reach the doomsday stage for Moscow by end of this winter. ----------Partner on this video: KYIV OF MINE Watch the trailer now: https://www.youtube.com/watch?v=arJUcE1rxY0'Kyiv of Mine' is a documentary series about Ukraine's beautiful capital, Kyiv. The film production began in 2018, and much has changed since then. It is now 2025, and this story is far from over.https://www.youtube.com/@UCz6UbVKfqutH-N7WXnC5Ykg https://www.kyivofmine.com/#theprojectKyiv of Mine is fast paced, beautifully filmed, humorous, fun, insightful, heartbreaking, moving, hopeful. The very antithesis in fact of a doom-laden and worthy wartime documentary. This is a work that is extraordinarily uplifting. My friend Operator Starsky says the film is “Made with so much love. The film series will make you laugh and cry.” ----------SOURCES: Ukrainian attacks in Russia's Belgorod, Kursk oblasts leave ≥20,000 without power — The Moscow Times/AFP, Nov. 9, 2025‘A powerful secondary detonation' — Donetsk airport Shahed hub strike — Kyiv Independent, Nov. 6, 2025Volgograd refinery halted after drone strike — Reuters, Nov. 6, 2025Crimea oil depot fire (Simferopol/Hvardiiske) after drone attacks — Ukrinform, Nov. 6, 2025Bashkortostan: Sterlitamak petrochemical plant struck — Kyiv Independent, Nov. 7, 2025Russian rebel group sabotages locomotives — Kyiv Post, Nov. 6, 2025ORLEN–Naftogaz: three U.S. LNG cargoes in Q1 2026 (≥300 mcm) — ORLEN press release; Naftogaz release; Polish Radio; Kyiv Independent, Nov. 7–8, 2025Energy attrition context: Reuters refinery capacity tally, Sept. 1, 2025. (Reuters)Gas flows & the Yamal reality check — Bruegel (end of transit via Ukraine, Jan. 1, 2025); Gas Strategies (financial impact); Oxford Energy (transit mechanics)Operational/tech framing of the strike campaign — CSIS analyses, 2025----------

Geopower, Energy Realpolitik with Todd Royal - The stakes extend far beyond municipal governance—this election signals how urban energy policy, infrastructure resilience, and geopolitical considerations (from LNG supply to semiconductor-driven data-center demand) are now front-and-centre in big-city contests. With McKinney-based data centre expansions and grid load forecasts pointing to...

More propane production. More exports. More inventories. The U.S. propane market, already oversupplied, is becoming even more so, putting additional downward pressure on prices. At the same time, surging demand from LNG exports and gas-fired power generation is pushing natural gas prices higher. Electricity prices are climbing too, further tilting the scales in propane's favor. The big question is, will these shifting fuel-price relationships move the needle on retail propane demand.

Recorded November 4th, 2025 and September 17th, 2025 https://www.youtube.com/watch?v=mbpQoAp0AUc Episode 144 of the PetroNerds podcast is another heavy hitting PetroNerdy special. The body of this podcast is Trisha Curtis' talk to the Fort Worth Chamber of Commerce on September 17th, 2025. Trisha introduces this podcast with a fresh market update covering OPEC Plus' recent output increase, the Xi and Trump meeting, China and the US, geopolitics, the Fed, and the consumer. In this presentation and talk Trisha takes listeners through the oil market and the economy and begins the presentation and talk with oil prices and the health of the economy, the move to $65 oil on the back of Ukrainian strikes on Russian refineries, Putin and Russia's drone incursions into European airspace, and Xi Jinping's SCO meeting with North Korea, India, and Russia, and China's military parade. Trisha talks about natural gas prices and the natural gas outlook and AI demand and power generation, US vs. China and the AI race, and OPEC Plus and Saudi output and market share. She gets into oil prices and the sentiment of the oil industry, crude oil inventories, explaining tariffs and what they mean and why, tariffs on India and China, Chinese crude oil stockpiling, and China's support of Russia. Trisha further dives into tariffs being about China and competition with China, the US manufacturing industrial base, manufacturing and the role of power generation. She gets into the rig count, longer laterals, the efficiency of the service sector and the resilient output of US shale, LNG exports and prices, global LNG market, US natural gas prices and residential natural gas prices, EIA nat gas price spike projections, and electricity prices. She talks about global coal consumption, Chinese coal consumption, global electricity, Chinese electricity, and Chinese oil and gas consumption and their economy. The last 15 minutes are filled with excellent questions from the audience including peak oil, coal and electricity prices, and oil and natural gas prices projections. Trisha Curtis' interview on Real America's Voice Steve Guber Show Trisha Curtis' opinion piece in the Daily Caller, "Winning Against China Means Winning on Energy"

Send us a textOn this week's episode of the WTR Small-Cap Spotlight, Dan Sceli, CEO of Westport Fuel Systems (NASDAQ: WPRT) (TSX: WPRT), joined Tim Gerdeman, Vice Chair & Co-Founder and Chief Marketing Officer of Water Tower Research, and Peter Gastreich, Energy and Sustainable Investing Analyst at Water Tower Research to discuss: 1) Westport's leading position as a supplier of advanced, affordable, low-emission technologies for the global transportation and industrial sectors; 2) how the company's HPDI™ technology enables diesel engines to run on clean fuels like CNG, RNG, LNG, and hydrogen, at lower cost and reducing CO2 emissions by 20-30% and by up to 100% with bioLNG; 3) the strategic value of its joint venture with Volvo Group; 4) how divesting its light-duty business enhances focus on heavy-duty applications and strengthened its financial position; and 5) WPRT's growth strategy and key signposts ahead.

Mary Lovell is a queer grassroots organizer, visual artist, and activist who has been fighting oil and gas infrastructure and for social justice for their adult life - living up in the Kitsap Penninsula they are working on their first book  and love working with people to build power in their communitiesWelcome to the Arise podcast. This is episode 12, conversations on Reality. And today we're touching on organizing and what does it mean to organize? How do we organize? And we talk to a seasoned organizer, Mary Lavelle. And so Mary is a queer, grassroots organizer, visual artist and activist who has been fighting oil and gas infrastructure and fighting for social justice in their adult life. Living in the Kitsap Peninsula. They're working on their first book and love working with people to build power in their communities. Join us. I hope you stay curious and we continue the dialogue.Danielle (00:02):Okay, Mary, it's so great to have you today. Just want to hear a little bit about who you are, where you come from, how did you land? I know I met you in Kitsap County. Are you originally from here? Yeah. Just take itMary (00:15):Away. Yeah. So my name is Mary Lovel. I use she or they pronouns and I live in Washington State in Kitsap County. And then I have been organizing, I met Danielle through organizing, but I've spent most of my life organizing against oil and gas pipelines. I grew up in Washington state and then I moved up to Canada where there was a major oil pipeline crossing through where I was living. And so that got me engaged in social justice movements. That's the Transmountain pipeline, which it was eventually built, but we delayed it by a decade through a ton of different organizing, combination of lawsuits and direct action and all sorts of different tactics. And so I got to try and learn a lot of different things through that. And then now I'm living in Washington state and do a lot of different social justice bits and bobs of organizing, but mostly I'm focused on stopping. There's a major gas build out in Texas and Louisiana, and so I've been working with communities down there on pressuring financiers behind those oil and gas pipelines and major gas export. But all that to say, it's also like everyone is getting attacked on all sides. So I see it as a very intersectional fight of so many communities are being impacted by ice and the rise of the police state becoming even more prolific and surveillance becoming more prolific and all the things. So I see it as one little niche in a much larger fight. Yeah,Yeah, totally. I think when I moved up to Canada, I was just finished high school, was moving up for college, had been going to some of the anti-war marches that were happening at the time, but was very much along for the ride, was like, oh, I'll go to big stuff. But it was more like if there was a student walkout or someone else was organizing people. And then when I moved up to Canada, I just saw the history of the nation state there in a totally different way. I started learning about colonialism and understanding that the land that I had moved to was unseated Tu Squamish and Musqueam land, and started learning also about how resource extraction and indigenous rights went hand in hand. I think in general, in the Pacific Northwest and Coast Salish territories, the presence of indigenous communities is really a lot more visible than other parts of North America because of the timelines of colonization.(03:29):But basically when I moved and had a fresh set of eyes, I was seeing the major marginalization of indigenous communities in Canada and the way that racism was showing up against indigenous communities there and just the racial demographics are really different in Canada. And so then I was just seeing the impacts of that in just a new way, and it was just frankly really startling. It's the sheer number of people that are forced to be houseless and the disproportionate impacts on especially indigenous communities in Canada, where in the US it's just different demographics of folks that are facing houselessness. And it made me realize that the racial context is so different place to place. But anyways, so all that to say is that I started learning about the combination there was the rise of the idle, no more movement was happening. And so people were doing a lot of really large marches and public demonstrations and hunger strikes and all these different things around it, indigenous rights in Canada and in bc there was a major pipeline that people were fighting too.(04:48):And that was the first time that I understood that my general concerns about climate and air and water were one in the same with racial justice. And I think that that really motivated me, but I also think I started learning about it from an academic standpoint and then I was like, this is incredibly dumb. It's like all these people are just writing about this. Why is not anyone doing anything about it? I was going to Simon Fraser University and there was all these people writing whole entire books, and I was like, that's amazing that there's this writing and study and knowledge, but also people are prioritizing this academic lens when it's so disconnected from people's lived realities. I was just like, what the fuck is going on? So then I got involved in organizing and there was already a really robust organizing community that I plugged into there, but I just helped with a lot of different art stuff or a lot of different mass mobilizations and trainings and stuff like that. But yeah, then I just stuck with it. I kept learning so many cool things and meeting so many interesting people that, yeah, it's just inspiring.Jenny (06:14):No, that's okay. I obviously feel free to get into as much or as little of your own personal story as you want to, but I was thinking we talk a lot about reality on here, and I'm hearing that there was introduction to your reality based on your education and your experience. And for me, I grew up in a very evangelical world where the rapture was going to happen anytime and I wasn't supposed to be concerned with ecological things because this world was going to end and a new one was going to come. And I'm just curious, and you can speak again as broadly or specifically if the things you were learning were a reality shift for you or if it just felt like it was more in alignment with how you'd experienced being in a body on a planet already.Mary (07:08):Yeah, yeah, that's an interesting question. I think. So I grew up between Renton and Issaquah, which is not, it was rural when I was growing up. Now it's become suburban sprawl, but I spent almost all of my summers just playing outside and very hermit ish in a very kind of farm valley vibe. But then I would go into the city for cool punk art shows or whatever. When you're a teenager and you're like, this is the hippest thing ever. I would be like, wow, Seattle. And so when I moved up to Vancouver, it was a very big culture shock for me because of it just being an urban environment too, even though I think I was seeing a lot of the racial impacts and all of the, but also a lot of just that class division that's visible in a different way in an urban environment because you just have more folks living on the streets rather than living in precarious places, more dispersed the way that you see in rural environments.(08:21):And so I think that that was a real physical shift for me where it was walking around and seeing the realities people were living in and the environment that I was living in. It's like many, many different people were living in trailers or buses or a lot of different, it wasn't like a wealthy suburban environment, it was a more just sprawling farm environment. But I do think that that moving in my body from being so much of my time outside and so much of my time in really all of the stimulation coming from the natural world to then going to an urban environment and seeing that the crowding of people and pushing people into these weird living situations I felt like was a big wake up call for me. But yeah, I mean my parents are sort of a mixed bag. I feel like my mom is very lefty, she is very spiritual, and so I was exposed to a lot of different face growing up.(09:33):She is been deep in studying Buddhism for most of her life, but then also was raised Catholic. So it was one of those things where my parents were like, you have to go to Catholic school because that's how you get morals, even though both of them rejected Catholicism in different ways and had a lot of different forms of abuse through those systems, but then they're like, you have to do this because we had to do it anyways. So all that to say is that I feel like I got exposed to a lot of different religious forms of thought and spirituality, but I didn't really take that too far into organizing world. But I wasn't really forced into a box the same way. It wasn't like I was fighting against the idea of rapture or something like that. I was more, I think my mom especially is very open-minded about religion.(10:30):And then my dad, I had a really hard time with me getting involved in activism because he just sees it as really high risk talk to me for after I did a blockade for a couple months or different things like that. Over the course of our relationship, he's now understands why I'm doing what I'm doing. He's learned a lot about climate and I think the way that this social movements can create change, he's been able to see that because of learning through the news and being more curious about it over time. But definitely that was more of the dynamic is a lot of you shouldn't do that because you should keep yourself safe and that won't create change. It's a lot of the, anyways,I imagine too getting involved, even how Jenny named, oh, I came from this space, and Mary, you came from this space. I came from a different space as well, just thinking. So you meet all these different kinds of people with all these different kinds of ideas about how things might work. And obviously there's just three of us here, and if we were to try to organize something, we would have three distinct perspectives with three distinct family origins and three distinct ways of coming at it. But when you talk about a grander scale, can you give any examples or what you've seen works and doesn't work in your own experience, and how do you personally navigate different personalities, maybe even different motivations for getting something done? Yeah,Mary (12:30):Yeah. I think that's one of the things that's constantly intention, I feel like in all social movements is some people believe, oh, you should run for mayor in order to create the city environment that you want. Or some people are like, oh, if only we did lawsuits. Why don't we just sue the bastards? We can win that way. And then the other people are like, why spend the money and the time running for these institutions that are set up to create harm? And we should just blockade them and shift them through enough pressure, which is sort of where I fall in the political scheme I guess. But to me, it's really valuable to have a mix where I'm like, okay, when you have both inside and outside negotiation and pressure, I feel like that's what can create the most change because basically whoever your target is then understands your demands.(13:35):And so if you aren't actually clearly making your demands seen and heard and understood, then all the outside pressure in the world, they'll just dismiss you as being weird wing nuts. So I think that's where I fall is that you have to have both and that those will always be in disagreement because anyone doing inside negotiation with any kind of company or government is always going to be awkwardly in the middle between your outside pressure and what the target demand is. And so they'll always be trying to be wishy-washy and water down your demands or water down the, yeah. So anyways, all that to say is so I feel like there's a real range there, and I find myself in the most disagreements with the folks that are doing inside negotiations unless they're actually accountable to the communities. I think that my main thing that I've seen over the years as people that are doing negotiations with either corporations or with the government often wind up not including the most directly impacted voices and shooing them out of the room or not actually being willing to cede power, agreeing to terms that are just not actually what the folks on the ground want and celebrating really small victories.(15:06):So yeah, I don't know. That's where a lot of the tension is, I think. But I really just believe in the power of direct action and arts and shifting culture. I feel like the most effective things that I've seen is honestly spaghetti on the wall strategy where you just try everything. You don't actually know what's going to move these billionaires.(15:32):They have huge budgets and huge strategies, but it's also if you can create, bring enough people with enough diverse skill sets into the room and then empower them to use their skillsets and cause chaos for whoever the target is, where it's like they are stressed out by your existence, then they wind up seeding to your demands because they're just like, we need this problem to go away. So I'm like, how do we become a problem that's really hard to ignore? It's basically my main strategy, which sounds silly. A lot of people hate it when I answer this way too. So at work or in other places, people think that I should have a sharper strategy and I'm like, okay, but actually does anyone know the answer to this question? No, let's just keep rolling anyways. But I do really going after the financiers or SubT targets too.(16:34):That's one of the things that just because sometimes it's like, okay, if you're going to go after Geo Corp or Geo Group, I mean, or one of the other major freaking giant weapons manufacturers or whatever, it just fully goes against their business, and so they aren't going to blink even at a lot of the campaigns, they will get startled by it versus the people that are the next layer below them that are pillars of support in the community, they'll waffle like, oh, I don't want to actually be associated with all those war crimes or things like that. So I like sub targets, but those can also be weird distractions too, depending on what it is. So yeah, really long. IDanielle (17:24):Dunno how you felt, Jenny, but I feel all those tensions around organizing that you just said, I felt myself go like this as you went through it because you didn't. Exactly. I mean nothing. I agree it takes a broad strategy. I think I agree with you on that, but sitting in the room with people with broad perspectives and that disagree is so freaking uncomfortable. It's so much just to soothe myself in that environment and then how to know to balance that conversation when those people don't even really like each other maybe.Mary (17:57):Oh yeah. And you're just trying to avoid having people get in an actual fight. Some of the organizing against the banger base, for instance, I find really inspiring because of them having ex submarine captains and I'm like, okay, I'm afraid of talking to folks that have this intense military perspective, but then when they walk away from their jobs and actually want to help a movement, then you're like, okay, we have to organize across difference. But it's also to what end, it's like are you going to pull the folks that are coming from really diverse perspectives further left through your organizing or are you just trying to accomplish a goal with them to shift one major entity or I dunno. But yeah, it's very stressful. I feel like trying to avoid getting people in a fight is also a role myself or trying to avoid getting invites myself.Jenny (19:09):That was part of what I was wondering is if you've over time found that there are certain practices or I hate this word protocols or ways of engaging folks, that feels like intentional chaos and how do you kind of steward that chaos rather than it just erupting in a million different places or maybe that is part of the process even. But just curious how you've found that kind ofMary (19:39):Yeah, I love doing calendaring with people so that people can see one another's work and see the value of both inside and outside pressure and actually map it out together so that they aren't feeling overwhelmed by the prospect of one sort of train of thought leading. Do you know what I mean? Where it's like if people see all of this DC based blobbing happening, that's very much less so during the current administration, but for example, then they might be frustrated and feel like, where is our pressure campaign or where is our movement building work versus if you actually just map out those moments together and then see how they can be in concert. I feel like that's my real, and it's a bit harder to do with lawsuit stuff because it's just so much not up to social movements about when that happens because the courts are just long ass processes that are just five years later they announced something and you're like, what?(20:53):But for the things that you can pace internally, I feel like that is a big part of it. And I find that when people are working together in coalition, there's a lot of communities that I work with that don't get along, but they navigate even actively disliking each other in order to share space, in order to build a stronger coalition. And so that's to me is really inspiring. And sometimes that will blow up and become a frustrating source of drama where it's like you have two frontline leaders that are coming from a very different social movement analysis if one is coming from economic justice and is coming from the working class white former oil worker line of thinking. And then you have a community organizer that's been grown up in the civil rights movement and is coming from a black feminism and is a black organizer with a big family. Some of those tensions will brew up where it's like, well, I've organized 200 oil workers and then you've organized a whole big family, and at the end of the day, a lot of the former oil workers are Trumpers and then a lot of the black fam is we have generations of beef with y'all.(22:25):We have real lived history of you actually sorting our social progress. So then you wind up in this coalition dynamic where you're like, oh fuck. But it's also if they both give each other space to organize and see when you're organizing a march or something like that, even having contingent of people coming or things like that, that can be really powerful. And I feel like that's the challenge and the beauty of the moment that we're in where you're like you have extreme social chaos in so many different levels and even people on the right are feeling it.Danielle (23:12):Yeah, I agree. I kind of wonder what you would say to this current moment and the coalition, well, the people affected is broadening, and so I think the opportunity for the Coalition for Change is broadening and how do we do that? How do we work? Exactly. I think you pinned it. You have the oil person versus this other kind of family, but I feel that, and I see that especially around snap benefits or food, it's really hard when you're at the government level, it's easy to say, well, those people don't deserve that dah, dah, dah, right? But then you're in your own community and you ask anybody, Hey, let's get some food for a kid. They're like, yeah, almost no one wants to say no to that. So I don't know, what are you kind of hearing? What are you feeling as I say that?Mary (24:11):Yeah, I definitely feel like we're in a moment of great social upheaval where I feel like the class analysis that people have is really growing when have people actually outright called the government fascist and an oligarchy for years that was just a very niche group of lefties saying that. And then now we have a broad swath of people actually explicitly calling out the classism and the fascism that we're seeing rising. And you're seeing a lot of people that are really just wanting to support their communities because they're feeling the impacts of cost of living and feeling the impacts of all these social programs being cut. And also I think having a lot more visibility into the violence of the police state too. And I think, but yeah, it's hard to know exactly what to do with all that momentum. It feels like there's a huge amount of momentum that's possible right now.(25:24):And there's also not a lot of really solid places for people to pour their energy into of multiracial coalitions with a specific demand set that can shift something, whether it be at the state level or city level or federal level. It feels like there's a lot of dispersed energy and you have these mass mobilizations, but then that I feel excited about the prospect of actually bringing people together across difference. I feel like it really is. A lot of people are really demystified so many people going out to protests. My stepmom started going out to a lot of the no kings protests when she hasn't been to any protest over the whole course of her life. And so it's like people being newly activated and feeling a sense of community in the resistance to the state, and that's just really inspiring. You can't take that moment back away from people when they've actually gone out to a protest.(26:36):Then when they see protests, they know what it feels like to be there. But yeah, I feel like I'm not really sure honestly what to do with all of the energy. And I think I also have been, and I know a lot of other organizers are in this space of grieving and reflecting and trying to get by and they aren't necessarily stepping up into a, I have a strategy, please follow me role that could be really helpful for mentorship for people. And instead it feels like there's a bit of a vacuum, but that's also me calling from my living room in Kitsap County. I don't have a sense of what's going on in urban environments really or other places. There are some really cool things going on in Seattle for people that are organizing around the city's funding of Tesla or building coalitions that are both around defunding the police and also implementing climate demands or things like that. And then I also feel like I'm like, people are celebrating that Dick Cheney died. Fuck yes. I'm like, people are a lot more just out there with being honest about how they feel about war criminals and then you have that major win in New York and yeah, there's some little beacons of hope. Yeah. What do you all think?Jenny (28:16):I just find myself really appreciating the word coalition. I think a lot of times I use the word collective, and I think it was our dear friend Rebecca a couple of weeks ago was like, what do you mean by collective? What are you saying by that? And I was struggling to figure that out, and I think coalition feels a lot more honest. It feels like it has space for the diversity and the tensions and the conflicts within trying to perhaps pursue a similar goal. And so I just find myself really appreciating that language. And I was thinking about several years ago I did an embodied social justice certificate and one of the teachers was talking about white supremacy and is a professor in a university. I was like, I'm aware of representing white supremacy in a university and speaking against it, and I'm a really big believer in termites, and I just loved that idea of I myself, I think it's perhaps because I think I am neurodivergent and I don't do well in any type of system, and so I consider myself as one of those that will be on the outside doing things and I've grown my appreciation for those that have the brains or stamina or whatever is required to be one of those people that works on it from the inside.(29:53):So those are some of my thoughts. What about you, Danielle?Danielle (30:03):I think a lot about how we move where it feels like this, Mary, you're talking about people are just quiet and I know I spent weeks just basically being with my family at home and the food thing came up and I've been motivated for that again, and I also just find myself wanting to be at home like cocoon. I've been out to some of the marches and stuff, said hi to people or did different things when I have energy, but they're like short bursts and I don't feel like I have a very clear direction myself on what is the long-term action, except I was telling friends recently art and food, if I can help people make art and we can eat together, that feels good to me right now. And those are the only two things that have really resonated enough for me to have creative energy, and maybe that's something to the exhaustion you're speaking about and I don't know, I mean Mary A. Little bit, and I know Jenny knows, I spent a group of us spent years trying to advocate for English language learners here at North and in a nanosecond, Trump comes along and just Fs it all, Fs up the law, violates the law, violates funding all of this stuff in a nanosecond, and you're like, well, what do you do about that?(31:41):It doesn't mean you stop organizing at the local level, but there is something of a punch to the gut about it.Mary (31:48):Oh yeah, no, people are just getting punched in the gut all over the place and then you're expected to just keep on rolling and moving and you're like, alright, well I need time to process. But then it feels like you can just be stuck in this pattern of just processing because they just keep throwing more and more shit at you and you're like, ah, let us hide and heal for a little bit, and then you're like, wait, that's not what I'm supposed to be doing right now. Yeah. Yeah. It's intense. And yeah, I feel that the sense of need for art and food is a great call. Those things are restorative too, where you're like, okay, how can I actually create a space that feels healthy and generative when so much of that's getting taken away? I also speaking to your somatic stuff, Jenny, I recently started doing yoga and stretching stuff again after just years of not because I was like, oh, I have all this shit all locked up in my body and I'm not even able to process when I'm all locked up. Wild. Yeah.Danielle (33:04):Yeah. I fell in a hole almost two weeks ago, a literal concrete hole, and I think the hole was meant for my husband Luis. He actually has the worst luck than me. I don't usually do that shit meant I was walking beside him, I was walking beside of him. He is like, you disappeared. I was like, it's because I stepped in and I was in the moment. My body was like, oh, just roll. And then I went to roll and I was like, well, I should put my hand out. I think it's concrete. So I sprained my right ankle, I sprained my right hand, I smashed my knees on the concrete. They're finally feeling better, but that's how I feel when you talk about all of this. I felt like the literal both sides of my body and I told a friend at the gym is like, I don't think I can be mortal combat because when my knees hurt, it's really hard for me to do anything. So if I go into any, I'm conscripted or anything happens to me, I need to wear knee pads.Jenny (34:48):Yeah. I literally Googled today what does it mean if you just keep craving cinnamon? And Google was like, you probably need sweets, which means you're probably very stressed. I was like, oh, yeah. It's just interesting to me all the ways that our bodies speak to us, whether it's through that tension or our cravings, it's like how do we hold that tension of the fact that we are animal bodies that have very real needs and the needs of our communities, of our coalitions are exceeding what it feels like we have individual capacity for, which I think is part of the point. It's like let's make everything so unbelievably shitty that people have a hard time just even keeping up. And so it feels at times difficult to tend to my body, and I'm trying to remember, I have to tend to my body in order to keep the longevity that is necessary for this fight, this reconstruction that's going to take probably longer than my life will be around, and so how do I keep just playing my part in it while I'm here?Mary (36:10):Yeah. That's very wise, Jenny. I feel like the thing that I've been thinking about a lot as winter settles in is that I've been like, right, okay, trees lose their leaves and just go dormant. It's okay for me to just go dormant and that doesn't mean that I'm dead. I think that's been something that I've been thinking about too, where it's like, yeah, it's frustrating to see the urgency of this time and know that you're supposed to be rising to the occasion and then also be in your dormancy or winter, but I do feel like there is something to that, the nurturing of the roots that happens when plants aren't focused on growing upwards. I think that that's also one of the things that I've been thinking a lot about in organizing, especially for some of the folks that are wanting to organize but aren't sure a lot of the blockade tactics that they were interested in pursuing now feel just off the table for the amount of criminalization or problems that they would face for it. So then it's like, okay, but how do we go back and nurture our roots to be stronger in the long run and not just disappear into the ether too?Danielle (37:31):I do feel that, especially being in Washington, I feel like this is the hibernation zone. It's when my body feels cozy at night and I don't want to be out, and it means I want to just be with my family more for me, and I've just given myself permission for that for weeks now because it's really what I wanted to do and I could tell my kids craved it too, and my husband and I just could tell they needed it, and so I was surprised I needed it too. I like to be out and I like to be with people, but I agree, Mary, I think we get caught up in trying to grow out that we forget that we do need to really take care of our bodies. And I know you were saying that too, Jenny. I mean, Jenny Jenny's the one that got me into somatic therapy pretty much, so if I roll out of this telephone booth, you can blame Jenny. That's great.Mary (38:39):That's perfect. Yeah, somatics are real. Oh, the cinnamon thing, because cinnamon is used to regulate your blood sugar. I don't know if you realize that a lot of people that have diabetes or insulin resistant stuff, it's like cinnamon helps see your body with sugar regulation, so that's probably why Google was telling you that too.Jenny (39:04):That is really interesting. I do have to say it was one of those things, I got to Vermont and got maple syrup and I was like, I don't think I've ever actually tasted maple syrup before, so now I feel like I've just been drinking it all day. So good. Wait,Mary (39:29):That's amazing. Also, it's no coincidence that those are the fall flavors, right? Like maple and cinnamon and all the Totally, yeah. Cool.Danielle (39:42):So Mary, what wisdom would you give to folks at whatever stage they're in organizing right now? If you could say, Hey, this is something I didn't know even last week, but I know now. Is there something you'd want to impart or give away?Mary (39:59):I think the main thing is really just to use your own skills. Don't feel like you have to follow along with whatever structure someone is giving you for organizing. It's like if you're an artist, use that. If you're a writer, use that. If you make film, use that, don't pigeonhole yourself into that. You have to be a letter writer because that's the only organized thing around you. I think that's the main thing that I always feel like is really exciting to me is people, if you're a coder, there's definitely activists that need help with websites or if you're an accountant, there are so many organizations that are ready to just get audited and then get erased from this world and they desperately need you. I feel like there's a lot of the things that I feel like when you're getting involved in social movements. The other thing that I want to say right now is that people have power.(40:55):It's like, yes, we're talking about falling in holes and being fucking exhausted, but also even in the midst of this, a community down in Corpus Christi just won a major fight against a desalination plant where they were planning on taking a bunch of water out of their local bay and then removing the salt from it in order to then use the water for the oil and gas industry. And that community won a campaign through city level organizing, which is just major because basically they have been in a multi-year intense drought, and so their water supply is really, really critical for the whole community around them. And so the fact that they won against this desal plant is just going to be really important for decades to come, and that was one under the Trump administration. They were able to win it because it was a city level fight.(42:05):Also, the De Express pipeline got canceled down in Texas and Louisiana, which is a major pipeline expansion that was going to feed basically be a feeder pipeline to a whole pipeline system in Mexico and LNG export there. There's like, and that was just two weeks ago maybe, but it feels like there's hardly any news about it because people are so focused on fighting a lot of these larger fights, but I just feel like it's possible to win still, and people are very much feeling, obviously we aren't going to win a lot of major things under fascism, but it's also still possible to create change at a local level and not the state can't take everything from us. They're trying to, and also it's a fucking gigantic country, so thinking about them trying to manage all of us is just actually impossible for them to do it. They're having to offer, yes, the sheer number of people that are working for ICE is horrific, and also they're offering $50,000 signing bonuses because no one actually wants to work for ice.(43:26):They're desperately recruiting, and it's like they're causing all of this economic imbalance and uncertainty and chaos in order to create a military state. They're taking away the SNAP benefits so that people are hungry enough and desperate enough to need to steal food so that they can criminalize people, so that they can build more jails so that they can hire more police. They're doing all of these things strategically, but also they can't actually stop all of the different social movement organizers or all of the communities that are coming together because it's just too big of a region that they're trying to govern. So I feel like that's important to recognize all of the ways that we can win little bits and bobs, and it doesn't feel like, it's not like this moment feels good, but it also doesn't, people I think, are letting themselves believe what the government is telling them that they can't resist and that they can't win. And so it's just to me important to add a little bit more nuance of that. What the government's doing is strategic and also we can also still win things and that, I don't know, it's like we outnumber them, but yeah, that's my pep talk, pep Ted talk.Mary (45:18):And just the number of Canadians that texted me being like, mom, Donny, they're just like, everyone is seeing that it's, having the first Muslim be in a major political leadership role in New York is just fucking awesome, wild, and I'm also skeptical of all levels of government, but I do feel like that's just an amazing win for the people. Also, Trump trying to get in with an endorsement as if that would help. It's hilarious. Honestly,Mary (46:41):Yeah. I also feel like the snap benefits thing is really going to be, it reminds me of that quote, they tried to bury us, but we were seeds quote where I'm just like, oh, this is going to actually bite you so hard. You're now creating an entire generation of people that's discontent with the government, which I'm like, okay, maybe this is going to have a real negative impact on children that are going hungry. And also it's like to remember that they're spending billions on weapons instead of feeding people. That is so radicalizing for so many people that I just am like, man, I hope this bites them in the long term. I just am like, it's strategic for them for trying to get people into prisons and terrible things like that, but it's also just woefully unstrategic when you think about it long term where you're like, okay, have whole families just hating you.Jenny (47:57):It makes me think of James Baldwin saying not everything that's faced can be changed, but nothing can be changed until it's faced. And I feel like so many of these things are forcing folks who have had privilege to deny the class wars and the oligarchy and all of these things that have been here forever, but now that it's primarily affecting white bodies, it's actually forcing some of those white bodies to confront how we've gotten here in the first place. And that gives me a sense of hope.Mary (48:48):Oh, great. Thank you so much for having me. It was so nice to talk to y'all. I hope that you have a really good rest of your day, and yeah, really appreciate you hosting these important convos. Well, first I guess I would have to believe that there was or is an actual political dialogue taking place that I could potentially be a part of. And honestly, I'm not sure that I believe that.

[깊이 있는 경제뉴스] 1) 美 대법원 관세 변론 개시.. "보수 판사"도 갸우뚱 2) 여당, 정년연장 연내 입법 추진.. 청년층 반발 3) 원·달러 환율, 장중 1450원 터치 4) 미국·카타르, 유럽에 LNG 공급중단 경고 - 박수익 비즈니스워치 기자 - 하수정 경제뉴스 큐레이터 - 박세훈 작가

Matthew Montgomery, Founder of MAEVLO and veteran of the oil & gas industry, joins Scarce Assets to reveal why energy prices and Bitcoin are destined to rise together — and how his firm is pioneering a fund that turns oil royalties into Bitcoin reserves. This episode connects the dots between America's energy plateau, AI-driven power demand, and Bitcoin's fixed supply, offering one of the clearest frameworks yet for understanding the coming era of scarcity.Connect with Onramp // Onramp Institutional // Jackson Mikalic on X // Matthew Montgomery on X // MAEVLO CompanyWHAT WE COVER:- How the U.S. shale boom turned America into a net energy exporter- Why the era of cheap energy is ending — and what happens next- The surprising parallels between oil extraction and Bitcoin mining- How AI data centers are quietly rewriting global energy demand- Why energy scarcity could be the catalyst for Bitcoin's next bull run- How MAEVLO's fund bridges real-world energy assets with Bitcoin reservesKEY INSIGHTS DISCUSSED:- 80% of oil well production occurs in the first 24 months- LNG exports projected to triple by 2030- Data center demand expected to add +10 BCF/day of natural gas consumption- U.S. has already drilled the best shale wells — the easy energy is gone- Every MAEVLO investor fund now allocates a portion of cash flow to Bitcoin reservesMATTHEW'S THESIS:“We're entering an era where both energy and Bitcoin are getting more scarce. Oil wells deplete, block rewards halve — the same economics drive both. The only rational strategy is to own the hardest assets in the world.”WHO IS MATTHEW MONTGOMERY?- Founder & Managing Director, MAEVLO Company- 20+ year career across shale exploration, mineral rights, and private equity energy funds- Early pioneer integrating Bitcoin into traditional energy investments- Advocates for sound money, hard assets, and family wealth preservationCHAPTERS:00:00 — Intro & Matthew's Background03:00 — The Shale Revolution Explained10:30 — Lessons from Building in Energy17:00 — Parallels Between Shale and Bitcoin20:00 — Inside the Mineral & Royalty Market27:30 — Why Investors Seek Yield and Inflation Hedges33:30 — Oil, Gas, and the Inflation Trade39:00 — Discovering Bitcoin & Sound Money46:00 — “Scarcity Compounded”: Energy Meets Bitcoin57:00 — The Coming Energy Supply Crunch1:03:00 — How MAEVLO Integrates Bitcoin1:08:00 — Preserving Value & Getting Off Zero1:16:00 – Outro & DisclaimerScarce Assets: a biweekly podcast presented by Onramp which delves into the emergent role of bitcoin in finance professionals' strategies and outlooks. Hosted by Jackson Mikalic, Scarce Assets provides invaluable insights for wealth managers aiming to outperform their peers in the decades ahead. Finance professionals everywhere know about stocks and bonds, but the macroeconomic outlook requires that serious investors pay close attention to another category: Scarce Assets.Please subscribe to Onramp Media channels and sign up for weekly Research & Analysis to get access to the best content in the ecosystem weekly.#Bitcoin #Energy #Scarcity #Inflation #AI #OilAndGas #Macro #Onramp #HardAssets #ProofOfWork

In all my years of experience in energy, I rarely worked in pure regulatory areas, but regulations loomed large over everything I touched. The energy sector is very highly regulated, and for very good reasons. From environmental standards to carbon pricing, energy companies are held to a high standard and must demonstrate that compliance to operate locally, regionally, and globally. The regulatory landscape is highly dynamic and under constant change. New regulatory frameworks emerging from Europe and the United States will reshape how energy companies, particularly in North America, do business domestically, and abroad. Three new frameworks—the European Union's Deforestation Regulation (EUDR) and Carbon Border Adjustment Mechanism (CBAM), as well as the U.S. Inflation Reduction Act (IRA)—will impact North American energy companies that export to Europe. If you're an energy executive working in exportable energy, such as LNG, oil, methanol, hydrogen, or refined petroleum, you might find this post of interest. These regulations will affect operations, compliance strategy, and ultimately, financial results. Fortunately, there are digital solutions at the ready that meet both today's regulatory demands while future-proofing your business for tomorrow's more stringent requirements. ⚒️ Additional Tools & Resources:

Trump Administration Sanctions Hit Russia's Oil Lifeline. Michael Bernstam discussed the Trump administration's politically significant sanctions targeting Russia's two largest oil producers, Rosneft and Lukoil, affecting 56% of Russian output. The sanctions caused world oil prices to jump temporarily and elicited an immediate angry response from Putin, who called it an "unfriendly act." The primary financial impact on Russia will be much deeper discounts demanded by buyers, significantly hurting the Russian budget. Europe is meanwhile nearing liberation from Russian energy dependence due to abundant US liquefied natural gas (LNG).

SHOW 10-23-25 CBS EYE ON THE WORLD WITH JOHN BATCHELOR 1882 BLACK SEA RUSSIAN FLEET THE SHOW BEGINS IN THE DOUBTS ABOUT A UKRAINE RESOLUTION... FIRST HOUR 9-915 Delayed Budapest Summit and Ukraine Negotiation Sticking Points. Anatol Lieven discusses how negotiations between the US and Russia, including a planned Budapest meeting, are delayed despite some progress on security issues like Trump's position on Ukraine joining NATO. The major sticking point remains Russia's demand that Ukraine withdraw from the rest of the Donbas, which Ukrainian leaders deem politically impossible. While Russia has scaled back some territorial claims, a viable peace settlement likely necessitates a ceasefire along existing lines, coupled with lifting sanctions. Escalation risks remain high due to potential accidental military clashes. 915-930 Delayed Budapest Summit and Ukraine Negotiation Sticking Points. Anatol Lieven discusses how negotiations between the US and Russia, including a planned Budapest meeting, are delayed despite some progress on security issues like Trump's position on Ukraine joining NATO. The major sticking point remains Russia's demand that Ukraine withdraw from the rest of the Donbas, which Ukrainian leaders deem politically impossible. While Russia has scaled back some territorial claims, a viable peace settlement likely necessitates a ceasefire along existing lines, coupled with lifting sanctions. Escalation risks remain high due to potential accidental military clashes. 930-945 Trump Administration Sanctions Hit Russia's Oil Lifeline. Michael Bernstam discussed the Trump administration's politically significant sanctions targeting Russia's two largest oil producers, Rosneft and Lukoil, affecting 56% of Russian output. The sanctions caused world oil prices to jump temporarily and elicited an immediate angry response from Putin, who called it an "unfriendly act." The primary financial impact on Russia will be much deeper discounts demanded by buyers, significantly hurting the Russian budget. Europe is meanwhile nearing liberation from Russian energy dependence due to abundant US liquefied natural gas (LNG). 945-1000 UN Cyber Crime Treaty: Authoritarian Assault on Free Speech. Ivana Stradner discussed the controversial UN Cyber Crime Treaty, which she argues is an assault on international rule of law spearheaded by Russia and China. The treaty is feared because it enables digital authoritarianism, censorship, and surveillance by potentially forcing companies to grant government access to private data and share user information globally. The US should reject ratification and defer to the Budapest Convention, relying instead on powerful offensive and defensive cyber capabilities for deterrence. SECOND HOUR 10-1015 Political Shifts and Security Crises Across Latin America. Professor Evan Ellis reported on a shifting Latin American landscape. Argentina's Milei navigates a key election after implementing painful economic cuts, backed by a new US currency swap deal. Bolivia's Luis Arce seeks warmer US ties while managing a severe economic crisis. Peru's president declared a state of emergency to address rampant insecurity and extortion in Lima. Concurrently, the US is escalating pressure on Venezuela's Maduro regime, primarily targeting the criminal Cartel de los Soles leadership. 1015-1030 Political Shifts and Security Crises Across Latin America. Professor Evan Ellis reported on a shifting Latin American landscape. Argentina's Milei navigates a key election after implementing painful economic cuts, backed by a new US currency swap deal. Bolivia's Luis Arce seeks warmer US ties while managing a severe economic crisis. Peru's president declared a state of emergency to address rampant insecurity and extortion in Lima. Concurrently, the US is escalating pressure on Venezuela's Maduro regime, primarily targeting the criminal Cartel de los Soles leadership. 1030-1045 Political Shifts and Security Crises Across Latin America. Professor Evan Ellis reported on a shifting Latin American landscape. Argentina's Milei navigates a key election after implementing painful economic cuts, backed by a new US currency swap deal. Bolivia's Luis Arce seeks warmer US ties while managing a severe economic crisis. Peru's president declared a state of emergency to address rampant insecurity and extortion in Lima. Concurrently, the US is escalating pressure on Venezuela's Maduro regime, primarily targeting the criminal Cartel de los Soles leadership. 1045-1100 Political Shifts and Security Crises Across Latin America. Professor Evan Ellis reported on a shifting Latin American landscape. Argentina's Milei navigates a key election after implementing painful economic cuts, backed by a new US currency swap deal. Bolivia's Luis Arce seeks warmer US ties while managing a severe economic crisis. Peru's president declared a state of emergency to address rampant insecurity and extortion in Lima. Concurrently, the US is escalating pressure on Venezuela's Maduro regime, primarily targeting the criminal Cartel de los Soles leadership. THIRD HOUR 1100-1115 Robert McNamara: From WWII Statistical Control to Kennedy's Star. Professor William Taubman detailed Robert McNamara's rise, beginning as a statistician in WWII advising General Curtis LeMay on firebombing techniques, a success McNamara later regretted as potentially criminal. After becoming president of Ford, he reluctantly joined JFK's administration as Secretary of Defense. McNamara's brilliance and efficiency led Kennedy to admire him as the cabinet's star, even considering him for vice president in 1964 and the presidential candidate in 1968. 1115-1130 Robert McNamara: From WWII Statistical Control to Kennedy's Star. Professor William Taubman detailed Robert McNamara's rise, beginning as a statistician in WWII advising General Curtis LeMay on firebombing techniques, a success McNamara later regretted as potentially criminal. After becoming president of Ford, he reluctantly joined JFK's administration as Secretary of Defense. McNamara's brilliance and efficiency led Kennedy to admire him as the cabinet's star, even considering him for vice president in 1964 and the presidential candidate in 1968. 1130-1145 Robert McNamara: From WWII Statistical Control to Kennedy's Star. Professor William Taubman detailed Robert McNamara's rise, beginning as a statistician in WWII advising General Curtis LeMay on firebombing techniques, a success McNamara later regretted as potentially criminal. After becoming president of Ford, he reluctantly joined JFK's administration as Secretary of Defense. McNamara's brilliance and efficiency led Kennedy to admire him as the cabinet's star, even considering him for vice president in 1964 and the presidential candidate in 1968. 1145-1200 Robert McNamara: From WWII Statistical Control to Kennedy's Star. Professor William Taubman detailed Robert McNamara's rise, beginning as a statistician in WWII advising General Curtis LeMay on firebombing techniques, a success McNamara later regretted as potentially criminal. After becoming president of Ford, he reluctantly joined JFK's administration as Secretary of Defense. McNamara's brilliance and efficiency led Kennedy to admire him as the cabinet's star, even considering him for vice president in 1964 and the presidential candidate in 1968. FOURTH HOUR 12-1215 The AI Infrastructure Gold Rush and Europe's Absence. Chris Riegel discusses how the AI revolution is driving a feverish rush to build large data centers (one gigawatt or better), though energy access is a critical choke point that may cause conflict between commercial demand and normal consumers by summer 2026. This intense global competition, likened to a gold rush, is primarily a two-horse race between the US and China. Europe is largely sitting out the advanced AI development wave, which is considered a tactical mistake that may leave them reliant on American or Chinese technology. 1215-1230        CBP Admits Fake Record Used to Jail Bolsonaro Advisor in Brazil. Mary Anastasia O'Grady discusses how US Customs and Border Protection (CBP) admitted an erroneous entry record was created and used by Brazilian Justice Alexandre de Moraes to jail Felipe Martins, an advisor to former President Bolsonaro. De Moraes used the apparently fake I-94 document, which contained a misspelling and a canceled passport number, to hold Martins for 183 days to extract information about an alleged coup plot. The unprecedented CBP admission confirms a file violation and suggests ongoing malfeasance. 1230-1245 US Accelerates Moon Race Against China. Rick Fisher and David Livingston discuss how the US moon race is accelerating, driven by President Trump's demand to land on the moon by 2028 and concerns that China, using the Long March 10 booster, might get there by 2029. Interim NASA Director Sean Duffy reopened the lunar lander contract, previously held by SpaceX's Starship, to Blue Origin and potentially Lockheed Martin, seeking multiple pathways. The Chinese space program is viewed as a strategic maneuver aimed at distracting the US from other global conflicts. 1245-100 AM US Accelerates Moon Race Against China. Rick Fisher and David Livingston discuss how the US moon race is accelerating, driven by President Trump's demand to land on the moon by 2028 and concerns that China, using the Long March 10 booster, might get there by 2029. Interim NASA Director Sean Duffy reopened the lunar lander contract, previously held by SpaceX's Starship, to Blue Origin and potentially Lockheed Martin, seeking multiple pathways. The Chinese space program is viewed as a strategic maneuver aimed at distracting the US from other global conflicts.

Europe's Energy Liberation: US Shale Ending Russian Gas Leverage Michael Bernstam with John BatchelorBatchelor highlights the irony that Russia's perceived energy leverage over Europe is dissolving, a dependence once so great that Europeans were said not to be able to turn the lights on without Russian energy. Bernstam declares that natural gas will now be in abundance, ensuring that Russia "never again will there be leverage over Europe." This shift signifies "Liberation Day for natural gas in Europe." The European Union's 19th package of sanctions is scheduled to phase out Russian pipeline gas and Russian liquefied natural gas (LNG) completely by the end of 2027, with the majority phased out by the middle of 2026. The United States shale revolution is crucial, producing approximately 270 billion cubic meters of natural gas for export to Europe via established terminals, freeing Europe from Russian energy dependence.