Podcasts about oil demand

Today we are focused on China and its oil market. How has their oil sector developed over the last 50 years? Who are the teapot refiners? And how is the market now structured in the wake of COVID, sanctions and the EV revolution? How consequential is China now to global crude pricing and market dynamics? Our guest is Tom Reed, Vice President of China Crude at Argus Media, the independent price reporting agency. Tom has spent a career watching China, understanding the details from this very opaque but consequential market.

Out today: Nat Bullard's 200-page slide deck with data from across the energy transition. Nat is the former chief content officer at BloombergNEF and current co-founder at data insights company Halcyon.  In part one of their two-part conversation, Shayle cherry-picked the most interesting slides and sat down with Nat to unpack them. They cover topics like: Accidental solar geoengineering and the state of aerosols The United States' record-setting fossil fuels exports Whether Chinese oil demand is peaking Conflicting indicators for the state of ESG investing Whether you can have too many carbon removal startups Recommended resources Catalyst: Putting a halt to geoengineering — by accident Catalyst: 2024 trends: batteries, transferable tax credits, and the cost of capital  Catalyst: 2023 trends: biomass, ESG, batteries and more Catalyst is brought to you by EnergyHub. EnergyHub helps utilities build next-generation virtual power plants that unlock reliable flexibility at every level of the grid. See how EnergyHub helps unlock the power of flexibility at scale, and deliver more value through cross-DER dispatch with their leading Edge DERMS platform, by visiting energyhub.com. Catalyst is brought to you by Antenna Group, the public relations and strategic marketing agency of choice for climate and energy leaders. If you're a startup, investor, or global corporation that's looking to tell your climate story, demonstrate your impact, or accelerate your growth, Antenna Group's team of industry insiders is ready to help. Learn more at antennagroup.com.

We could see a huge increase in oil demand in 2025! With oil trading under $70 a barrel, gas prices have continued to fall. But unless the world starts producing more oil in 2025, we could see a big reversal in the price of oil. I base that on an estimate from the International Energy Agency as they expect a huge increase in the demand of oil. They are estimating oil consumption of 1.1 million barrels per day, which would be a 31% increase from the 840,000 barrels in 2024. I know from recent reports that there is concern that if we pump more oil, the price could drop dramatically causing difficulties and lower profits for oil companies. However, if the International Energy Agency is correct on their 31% increase in oil demand, that could actually cause shortages at certain times throughout the year. Also, it is somewhat amazing with how long electric vehicles have been out that they still don't seem to be having at this time much of an impact. I do know that car manufacturers are having some difficulty selling their inventory of electric vehicles. I believe part of this is because of the abundance of oil on the market and low gas prices. Is it possible that we got too aggressive trying to build and force consumers into electric vehicles? What happens if in 2025 the federal tax incentives for electric vehicles go away?   Understanding compounding is why you should be cautious about the overvalued market! Investing is great when everything is going up and the emotions tell you to stay the course because that will continue to happen. For two years now the S&P 500 has posted really strong gains because of a heavy concentration in the Mag Seven. There are now investors who say the market could be up another 20% in 2025. In our portfolio we will continue to remain cautious next year as we understand that compounding can work for you, but also against you. What do we mean by that? Let's say that for three years the S&P 500 is up 20% per year, your $100,000 investment would grow to $172,800 because of compounding. You probably would feel pretty good about that and think it will to continue to increase. While it is possible it's like riding a roller coaster. What I mean by that is if you've ridden a roller coaster you know as it gets to the very top, it slows down and it feels like it's almost going to stop, then you go over that peak and you hit that big decline. That happened in 1935 and 1936 as big gains were followed by a 39% decline in 1937. I did not want to use 2002 when the S&P 500 had lost almost 50% of its value. I thought I would use something else from history that was not the worst-case scenario. Back to the three-years of 20% gains and a portfolio value of $172,800. If we saw a 39% loss again like 1937, your account value will drop all the way down to $108,864. You might be questioning how can that be? It's because as your account grew in value the percent decline is now on a bigger amount than the initial $100,000 you started with. So in other words after four years of investing, you're $100,000 investment was only up 8.9%. This is why for long-term investors I can continue to stay the course on a more conservative investment style and not try to figure out what the top is for many of these expensive companies. The other problem as well is once people lost 37% of the money on their investment, they would probably leave the stock market for years missing future gains. I can tell you many people think they know where the top is and they'll get out in time, but unfortunately many people stay at the party too long. I can tell you managing money through the tech boom and bust many people thought the party would continue in the early 2000's and they did not foresee the major declines that we saw during the tech bust.   AI stocks performed well in 2024, there are problems in 2025 that could cause a reversal It is estimated that for every dollar invested on the AI infrastructure, revenue of four dollars needs to be produced. The AI leader so far has been Microsoft with their Copilot product that has a cost of $360 per user each year. At first glance that doesn't sound too bad until you realize you still have to pay for the other software at a cost of anywhere from a low of $72 to over $650 per year. At $1000 is the AI expense worth the reward? Currently, there are places where you can get AI for free, will people be willing to pay for AI when they're used to getting it at no expense? In a combined survey on using AI, 32% of respondents had used it in the previous week. This is a fast adoption rate compared to the Internet or the introduction of the PC. However, when asked what services they were using, most were using free services like open AI's ChatGPT or Google's Gemini. If people won't pay directly for AI, then the companies will have to somehow monetize it through some means of advertising. Another big question is will AI really produce results in productivity? In the last couple of years, the US Bureau of Labor Statistics reported labor productivity has risen at an annual rate of 2.3%, which is 3/10 of a percent higher than the historical average. To make AI valuable we would have to see labor productivity increase to at least 2.5 to 2.6%. One question on many people's mind is will AI replace a lot jobs? The answer to that question is it will replace jobs, but the hope is new jobs and opportunities will be created that we have not even thought of yet. They will likely require creativity, judgment and decision-making. I still think AI will be used and it is not going anywhere, but I worry the hype has carried many stocks to excessive valuations. 2025 may be a prove it year for AI and if we don't see progress towards monetization those AI stocks could struggle!   Beware of Double and Triple Taxation At the end of the year, it is helpful to check where your income stands so any last-minute adjustments can be made.  These might be Roth conversions, IRA withdrawals, capital gain harvesting, capital loss harvesting, charitable donations, or retirement contributions to name a few. Before making any adjustments though, you need to fully understand the tax consequence of the transaction.  Income activity like IRA withdrawals or pensions are fairly straightforward as they are considered ordinary income on the federal and state level.  Income from Social Security or long-term capital gains and qualified dividends can be a little more complicated.  Of the Social Security you receive, some is taxable and some is tax free.  At most, 85% of Social Security benefits is reportable as income but it can be as low as 0%.  The more other income you have, the more your Social Security will be taxed.  Long-term capital gains and qualified dividends are subject to a different set of tax brackets and the tax is calculated after ordinary income sources are considered.  Depending on your level of income, capital gains and dividends fall into either a 0%, 15%, or 20% bracket.  What this means is by making one adjustment that increases your income, you could trigger more of your Social Security to be taxed and push capital gains into a higher tax bracket, resulting in a triple taxation event.  For example, Roth conversions are popular at the end of the year, especially when taxable income is in the 12% tax bracket, but this doesn't mean everyone should do it.  You might be making a conversion that is taxed at 12%, but that also results in thousands of additional dollars from Social Security that were tax free to become taxable, and the income from the conversion and Social Security push capital gains that were in the 0% bracket into the 15% bracket. When added up that conversion at 12% ended up being taxed at over 37% because of the chain reaction of taxes, not including any state income taxes.  In this situation it probably makes sense to find ways to reduce income instead.  Year-end tax adjustments can be very helpful, but you want to make the right adjustments based on your situation.   Companies Discussed: Macy's, Inc (M), Xerox Holdings Corporation (XRX), PepsiCo, Inc (PEP) & Mastercard Incorporated (MA)

In this episode of the Oil Ground Up podcast, Joe DeLaura, a global energy strategist at Rabobank, shares insights into his career in the oil industry and discusses the current dynamics of the oil market. He highlights the static nature of oil prices, the long-term trends in oil consumption, and the impact of geopolitical factors on market stability. Joe also delves into the refinery dynamics, the natural gas market, and the future of LNG, emphasizing the importance of understanding these trends for strategic decision-making in energy investments. In this conversation, Joe DeLaura and Tony Greer discuss various aspects of the energy market, focusing on hedging strategies, the importance of power markets, and the role of nuclear energy in the transition to renewable sources. They explore the challenges faced by ERCOT and the implications of policy changes on electric vehicles and diesel demand. The discussion emphasizes the need for a diversified energy portfolio and the importance of upgrading infrastructure to meet future energy demands.

Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news the slowing Chinese economy is keeping the oil price low, and it might stay that way because supply is rising, and quite quickly.But first, although there were no surprises in US initial jobless claim levels, they did rise last week to 229,000 on seasonal factors so there are now 1.65 mln people on these benefits, maintaining the low recent levels. No labour market stress signs yet still.But there are signs of lingering inflation pressures in their producer prices for October with them up +2.3%, a rise from the +1.9% year on year rate in September. The October rise was slightly more than analysts were expecting. Higher prices in their booming logistics sector caused the twist higher.The August improvement in EU industrial production was not maintained in September and it ended down-2.0% from the same month a year ago.But despite that disappointment, Q3-2024 EU GDP came in +0.9% higher than the same quarter a year ago, and employment was up +1.0%. These are the expected levels, so no surprises here. While these levels are low and benchmark poorly with other major economies, there are still positive.The Australian labour market update for October shows employment rising by +16,000 when a +25,000 rise was expected. Their participation rate slipped slightly, allowing their jobless rate to hold at 4.1%. But this also means their employed workforce is +387,000 higher than a year ago, a healthy +2.7% rise. But almost 40% of that rise was for part-time work; a year ago part-time jobs made up only 31%, so the shift away from full-time positions is rising.And staying in Australia, their largest bank has concluded that the 2024 "stage 3 tax cuts" are not flowing through to more consumer spending, rather being used to build resilience (or build back some capacity) by paying debt down faster, especially mortgages.Container shipping freight rates were virtually unchanged last week, 2.4 times higher than a year ao, and 140% higher than pre-pandemic levels in early November.Bulk cargo rates rose +13% last week from the week before in a sharpish move up, to be almost the same as the same week a year ago.The UST 10yr yield is now at just on 4.40% and down -5 bps from yesterday.And we should probably note that the share price for Xero hit AU$171 yesterday, a record high.The price of gold will start today at US$2574/oz and down -US$15 from this time yesterday.Oil prices are +50 USc firmer at US$68.50/bbl in the US while the international Brent price is now just under US$72.50/bbl.In its November update, the IEA says that with surging supply, and cooling demand in China, even if the OPEC+ cuts remain in place, global crude oil supply will exceed demand by more than 1 mb/d in 2025.The Kiwi dollar starts today at 58.8 USc and down -10 bps from yesterday. Against the Aussie we are -10 bps softer at 90.7 AUc. Against the euro we have also slipped -10 bps to 55.6 euro cents. That all means our TWI-5 starts today at just on 68.5, and unsurprisingly down -10 bps from yesterday.The bitcoin price starts today at US$88,820 and down -4.0% from this time yesterday. Volatility over the past 24 hours has been high at just on +/- 3.2%. Despite the slip, the price in NZ dollars is still above NZ$150,000.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.

This week on the podcast, Peter and Jackie discuss what they are watching for from the upcoming 29th Conference of the Parties to the UN Framework Convention on Climate Change, better known as COP29. The conference will take place in Baku, Azerbaijan, from November 11th to 22nd, 2024. Next, they delve into the IEA's recently released World Energy Outlook 2024. This annual report is widely read and used for discussions on the future of energy. They review some key points that caught their attention, including an outlook for abundant energy supply in the latter part of the 2020s, peak fossil fuels by 2030, electricity's growing role, and the adoption of EVs.They also consider a few new EV labels: extended-range electric vehicles (EREVs) and range-extended electric vehicles (REEVs).They also introduce Peter's recent article on the proposed cap on Canada's oil and gas emissions.Content referenced in this podcast:UN Emissions Gap Report 2024: No more hot air…please! (October 2024)UN “It's Climate Crunch Time” video about three future scenarios, including game over (October 2024)IEA World Energy Outlook 2024Peter Tertzakian' s commentary “It's time for a carbon policy time-out (November 2024)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 

Donald Trump says ‘tariff' is “the most beautiful word in the dictionary”. That's up for debate – but what's less arguable is that raising taxes on imports as much as the Republican presidential candidate is threatening would be bad trade policy, according to Group Chief Economist Neil Shearing. He's on the latest episode of The Weekly Briefing from Capital Economics to discuss why tariffs would hurt the US economy and the economies of its key trading partners, all while failing to achieve Trump's objectives. Also on the show, Hamad Hussein from our Climate and Commodities team explains why reports of cooling electric vehicles sales in the US and Europe paint an incomplete demand picture, and what that all means for oil appetite.Plus, an exclusive extract from our post-ECB client briefing on the Governing Council's next steps – including whether its last move of the year could be a super-sized rate cut. Analysis and events referenced in this podcast:Read: How Trump could erode the US economic advantage in a fractured worldKey Issue: US Election 2024Read: Why we expect the S&P 500 to soar in 2024Watch: What will follow another ECB rate cut?Read: Taking stock of the two-speed electric vehicle rolloutData: Long-term Energy Scenario Generator

Charles Schwab's Jeffrey Kleintop says the "opposite to a silver lining" on crude oil prices falling is the soft demand, suggesting a lackluster global economy. He adds China's stimulus is underdelivering, and the country doesn't "have its act together" which could be part of the backdrop behind Crude Oil's move lower. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

This week on the podcast, Peter and Jackie reflect on the six years since the podcast started. With over 250 episodes and counting, they have commented on a range of topics and events shaping the energy industry in Canada and beyond.In this episode, Peter and Jackie reflect on the podcasts and events that have stayed with them over the past six years and the topics that keep arising, including divestment and energy security. They also discuss their philosophy of interviewing guests.Special thanks to the loyal ARC Energy Ideas podcast listeners and to Beau Shiminsky at Ear Candy, our sound engineer since day one.Content referenced in this podcast:Energyphile stories on Apple (Audio only)Energyphile stories on the website (written and audio) Ear Candy StudioPlease 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 

Oil demand in India and China—the two Asian giants—was a key topic of discussion at the Asia Pacific Petroleum Conference. China's oil demand going forward remains a significant concern for oil-producing nations as oil consumption from Asia's largest economy is waning amid weaker-than-expected economic growth and ongoing property woes, a double whammy for diesel demand. Meanwhile, crude producers look to others, namely India to pick up the slack potentially.   In this podcast, S&P Global Commodity Insights' Jonathan Nonis, associate editorial director is joined by Mriganka Jaipuriyar, head of news, APAC, and Pulkit Agarwal, head of India content to discuss the energy challenges in these two countries and their impact on oil markets for the rest of Asia. It also discusses the easing crude imports from China and its effects on the broader inter-Asia oil product market.

In this insightful episode of Wicked Energy with JG, Justin Gauthier sits down with Arjun Murti to delve into the intricacies of global oil demand and the evolving energy landscape. Arjun criticizes extreme political positions on oil and gas, advocating for a balanced approach to energy production and innovation. He sheds light on the governments stance on fracking and the broader implications of U.S. energy policies. The discussion pivots to China's "all of the above" energy strategy, highlighting their investment in coal, nuclear, natural gas, and renewables to ensure energy security. Arjun provides an analysis of China's significant influence on global oil markets and the challenges and opportunities posed by their demographic shifts. Other key topics include the economic viability of biofuels, short-term and long-term oil price forecasts, and the impact of interest rate cuts on the energy sector. The episode wraps up with insights into Veriten's strategic advisory work across the oil and gas value chain. LinkedIn: https://www.linkedin.com/in/arjun-murti-energy-analyst/ Websites: https://arjunmurti.substack.com/ Show Sponsors InflowControl InflowControl is a tech firm specializing in enhancing oil production efficiency and minimizing environmental harm through their Autonomous Inflow Control Valve (AICV®). The technology boosts profitability in mature oil fields by filtering out undesired gas and water, allowing previously overlooked zones to contribute to production. This results in both higher profitability and Lower Carbon Oil for stakeholders. For more information, visit the links below: Website: www.inflowcontrol.no LinkedIn: https://www.linkedin.com/company/inflowcontrol-as/ YouTube: https://www.youtube.com/channel/UCqdgIooQhYtUBo-auUlYw-Q Mainline Ventures Mainline Ventures stands alone as the premier strategy consulting firm dedicated to the energy sector, founded by former E&P C-Suite executives. They transform deal-making from an art into a science with their Process Driven Negotiation Technique, focusing on active deals and offering services like bespoke training, deal advising, and go-to-market strategies, often on a contingency basis due to their strategy's proven effectiveness. This approach not only yields measurable, scalable results but also seamlessly integrates with your existing operations, ensuring long-term sustainability without the need for changes in your team or technology. LinkedIn Link: https://www.linkedin.com/company/mainlineventures/ Website: https://mainline-ventures.com/

For years, global oil demand has ticked up, mostly thanks to China’s voracious consumption. But real estate trouble combined with widespread electric vehicle adoption means China’s not guzzling oil like it used to. In this episode, the impact on the global oil market. Plus: A dockworker strike could put snags in holiday shopping, flight attendants dislike delays as much as you do and four states will vote on bond measures in November.

For years, global oil demand has ticked up, mostly thanks to China’s voracious consumption. But real estate trouble combined with widespread electric vehicle adoption means China’s not guzzling oil like it used to. In this episode, the impact on the global oil market. Plus: A dockworker strike could put snags in holiday shopping, flight attendants dislike delays as much as you do and four states will vote on bond measures in November.

This week, thousands gathered at the Asia Pacific Petroleum Conference (APPEC) in Singapore to talk oil and the broader market, with China's slowdown and the structural shifts in the global energy mix taking the spotlight. APPEC is the biggest Asian energy conference held annually in the city state, and is known as a cornerstone of the energy industry for the past 40 years. What are the major concerns surrounding the growing supply-demand imbalance, and the latest on decarbonisation? What role does Singapore play in alternative fuels? Chairman of APPEC 2024, Dave Ernsberger, who is Head of market reporting and trading solutions at S&P Global Commodity Insights, shares the key takeaways from the conference and more.See omnystudio.com/listener for privacy information.

On this week's edition of Climate News Weekly, James Lawler and Julio Friedmann discuss Exxon-Mobil's projections of flat oil demand by 2050, closing the last coal-fired power plant in the UK, disproportionate impacts of climate change in Africa, and more.Follow us on Twitter, LinkedIn, Facebook, and Instagram.Contact us at contact@climatenow.comVisit our website for all of our content and sources for each episode.

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley, President and CEO of the Sandstone Group, covers a range of energy-related topics in his daily update. He discusses state rankings for electric vehicles (EVs) in the U.S., with California leading, while states like Mississippi lag behind. Turley also reports on recent incidents, including a fire at Rivian's manufacturing plant and geopolitical tensions affecting oil prices. Additionally, he addresses Exxon's forecast that oil demand will remain steady until 2050, despite global efforts to transition to renewable energy, emphasizing the ongoing need for fossil fuels alongside renewables.Highlights of the Podcast00:00 - Intro01:02 - State Rankings: Electric Vehicles per Capita in the United States03:51 - Green Inferno: Fire at Tesla Rival Rivian's Illinois EV Plant Damages Electric Trucks04:39 - Oil Prices Soar as Geopolitical Risk Rises Rapidly06:01 - Stricken suezmax off Yemen now an ‘imminent' environmental hazard07:07 - Exxon Sees 2050 Oil Use at Current Level, Despite Net Zero Goal11:04 - OutroPlease see the links below or articles that we discuss in the podcast. State Rankings: Electric Vehicles per Capita in the United StatesGreen Inferno: Fire at Tesla Rival Rivian's Illinois EV Plant Damages Electric TrucksOil Prices Soar as Geopolitical Risk Rises RapidlyAugust 26, 2024 Mariel AlumitStricken suezmax off Yemen now an ‘imminent' environmental hazardExxon Sees 2050 Oil Use at Current Level, Despite Net Zero GoalFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner rocking a solo show covers several key topics: China's potential peak in oil demand, driven by factors such as the rise of EVs, LNG in trucks, and a slowdown in manufacturing and real estate; Tellurian's progress with its Driftwood LNG project in Louisiana; and why OPEC may struggle to reverse its oil output cuts due to rising production in the U.S., Guyana, and Brazil. Tanner also discusses market reactions to U.S. Fed Chair Jerome Powell's comments on potential interest rate cuts and the implications for oil and natural gas prices.Highlights of the Podcast00:00 - Intro01:08 - Is China's Demand for Oil Nearing Its Peak?06:41 - Tellurian moving forward with Driftwood LNG work10:06 - Why OPEC Can't Afford To Reverse Oil Output Cuts14:40 - Market Updates17:54 - Rig Count Updates18:51 - OutroIs China's Demand for Oil Nearing Its Peak?Tellurian moving forward with Driftwood LNG workWhy OPEC Can't Afford To Reverse Oil Output CutsFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley, President and CEO of the Sandstone Group, discusses various energy-related topics in his Energy News Beat Daily. He highlights Saudi Aramco's optimistic outlook on oil demand growth, contrasting it with more conservative forecasts from other agencies. He also addresses the challenges facing Venezuela's energy industry due to political unrest, the potential increase in U.S. LNG exports to Europe, and the Biden administration's Strategic Petroleum Reserve (SPR) narrative. Turley emphasizes the ongoing reliance on fossil fuels despite the growth of clean energy and discusses how investors are capitalizing on AI's rising energy demands by investing in utility stocks.Highlights of the Podcast00:00 - Intro01:37 - Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 202403:36 - How Venezuela's Election Unrest Will Impact Global Oil Markets04:45 - More US LNG set to flow into European energy mix in 2030s if Cheniere rubber-stamps Sabine Pass expansion07:00 - Fact-Checking the Biden Administration's SPR Narrative08:33 - Clean Energy May be Growing, But It's Not Replacing Dirty Energy10:01 - How Investors Are Capitalizing on AI's Insatiable Appetite for Energy12:51 - OutroPlease see the links below or articles that we discuss in the podcast.Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024August 6, 2024 Mariel AlumitSaudi Aramco's CEO has forecast a strong increase in global oil demand for the second half of the year, ranging from 1.6 to 2 million bpd. Aramco's outlook contrasts with the more cautious forecasts from […]How Venezuela's Election Unrest Will Impact Global Oil MarketsAugust 6, 2024 Mariel AlumitVenezuelan President Nicolás Maduro has been declared the winner of a controversial presidential election, sparking widespread protests and international condemnation. Despite the re-election of Maduro, the United States has maintained sanctions on Venezuela's state-owned oil […]More US LNG set to flow into European energy mix in 2030s if Cheniere rubber-stamps Sabine Pass expansionAugust 6, 2024 Mariel AlumitCheniere Marketing, a subsidiary of U.S.-based Cheniere Energy has inked a long-term sale and purchase agreement (SPA) to provide liquefied natural gas (LNG) to Galp Trading, an affiliate of Portuguese oil and gas company Galp […]Fact-Checking the Biden Administration's SPR NarrativeAugust 5, 2024 Mariel AlumitDespite claims of replenishment, the Strategic Petroleum Reserve (SPR) remains significantly below pre-Biden levels. The DOE's statements create a misleading impression by including barrels not yet delivered and canceled sales in their replenishment figures. The […]Clean Energy May be Growing, But It's Not Replacing Dirty EnergyAugust 6, 2024 Mariel AlumitLots of people have high hopes for an energy transition, but they're looking through the wrong end of the telescope. Yes, solar farms are spreading out over deserts and farm fields, and wind turbines are […]How Investors Are Capitalizing on AI's Insatiable Appetite for EnergyAugust 6, 2024 Mariel AlumitAI data centers' rising electricity demand prompts investors to buy power utility stocks, anticipating generational demand growth. Power utilities stand to benefit from the AI boom as they secure reliable electricity for consumers amid increasing […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

Retail sales beats expectations but shows consumer is still softening. June retail sales came in flat compared to the previous month, this topped the expectation for a 0.4% decline. Compared to last June, retail sales were up 2.3%. Areas of strength included non-store retailers (+8.9%), food services and drinking places (+4.4%), clothing and clothing accessories stores (+4.3%), and electronics and appliance stores (+2.7%). Both furniture and home furnishing stores (-4.0%) and building material and garden equipment and supplies dealers (0.9%) were done when looking year over year, but they have perhaps started to turn the corner as they both showed month over month gains. Gasoline stations were also a negative weight as it was down 3.0% compared to last month and 0.4% compared to last year. Overall, I believe this is a strong report that shows an economy that is slowing but remains in a healthy place. With this news and other comments from Fed chair Powell markets have now priced in a 100% chance of at least one rate cut by the September meeting.    Will oil demand increase or decrease in years to come? I have been concerned about oil consumption and investing in oil related companies based on the increase in electric and hybrid vehicles. Unfortunately, there's not much help in predicting oil demand from the experts. British petroleum, also known as BP, expects oil demand will plateau by 2025. They believe the subsequent decline will depend on how aggressive countries get with carbon omissions. BP believes by 2050 oil demand could drop down to 25 million to 30 million barrels a day if countries get serious about a “net zero” goal. This would be a major decline from today's level of about 102 million barrels a day. But there's others who disagree such as OPEC which sees demand growing by 4.1 million barrels a day from 2023 to 2025 and continuing to rise at least through 2045. The Paris-based International Energy Agency forecasts a peak in 2029 and the US Energy Information Administration is looking for peak between 2030 and 2040. It also looks like Warren Buffett does not believe a peak is coming soon as he has been investing heavily into Occidental Petroleum and has a sizeable stake in Chevron. With all the uncertainty, I believe if an investor is going to invest in an energy company, it should be a well-diversified.    Japan's $1.5 trillion pension fund could be a black Swan for our stock market. Japan has grown their pension fund to $1.5 trillion over the years and has continued to increase the amount of money they invest in the US. As of March 31st, about 50% of the fund was held in foreign stocks and bonds, most of which was in the United States. The problem they have is their currency, the yen vs the dollar has fallen to levels not seen since President Reagan was in office. The investments in foreign countries have led to some criticism as some say it amounts to a vote of no confidence by the Japanese government in its own currency. It is unknown what US equities they hold, but the fund was up 23% in its most recent fiscal year. My concerns are what if they want to reduce their exposure to US equities and bonds to 30%? That would be a reduction of around $300 billion. What if they hold in their pension the high-flying technology companies? How would those stocks perform if the fund sold $100 to maybe $200 billion worth of stock? No one knows for sure, but with that 23% gain there is a high likelihood that they had a portion perhaps a good portion of the investments in the US technology companies.    A Major Mistake with Spousal Social Security When collecting Social Security on your own work history, you may collect between the ages of 62 and 70. Every month you wait, your benefit amount increases. In cases where one spouse did not work, or had a very limited earnings history, that spouse may qualify for a larger spousal benefit from Social Security. The maximum spousal benefit is one half of the higher earning spouse's full retirement age benefit amount, and the lower earning spouse would need to collect at their own full retirement age to receive it. If this half is more than what they would receive from their own earnings history, they will receive the larger spousal benefit, not both. If they collect before their full retirement age, they will receive a reduced amount. Also, the higher earning spouse must be collecting for the lower earning spouse to be able to collect a spousal benefit. Many people have the idea of deferring their Social Security until age 70 so they receive the highest possible monthly amount. This strategy may not be the best decision normally, and it can be even more problematic when a spousal benefit applies. I met with some people this week who had this idea. One spouse worked and the other did not, so a spousal benefit was definitely going to be applicable. The problem is, a spousal benefit does not get any larger beyond full retirement age, which in this case was age 66 and 10 months for both of them. They were both the same age, so if they had waited to collect until 70, the lower earning spouse would be deferring 38 months (from 66 and 10 months until 70) for no additional benefit. In this case the spousal benefit was about $1,900 per month so whether she collects at 66 and 10 months or waits until 70, she would still receive only $1,900. This mistake would have cost them over $70,000 in missed Social Security benefits. Fortunately, they had not reached their full retirement age yet and the working spouse had not retired, so they had not lost anything yet. If you will be receiving a spousal benefit from Social Security it is almost never helpful to defer beyond your full retirement age, which is usually around age 67.    Companies Discussed: CrowdStrike (CRWD), Amazon (AMZN) and PepsiCo (PEP)

- Most China EVs Lose Money - Connected Cars Fall Short of Revenue Hopes - IIHS Says Lane Centering Not Safer - Ford Capri Has More Range Than VW Counterpart - BMW Trounces Mercedes, Audi in EVs - OPEC Living in Fantasyland - BYD Preps Premium SUV for European Market - Gen AI Can Catch Defects Early

- Most China EVs Lose Money - Connected Cars Fall Short of Revenue Hopes - IIHS Says Lane Centering Not Safer - Ford Capri Has More Range Than VW Counterpart - BMW Trounces Mercedes, Audi in EVs - OPEC Living in Fantasyland - BYD Preps Premium SUV for European Market - Gen AI Can Catch Defects Early

Greetings, & welcome back to the podcast. This episode we are joined by Mr. Maynard Holt - Founder & CEO of Veriten - an energy research, strategy and investing firm. The firm is well known for it's energy-related podcast (“Close of Business Tuesday”) and energy policy macro analysis (“SuperSpiked”), both of which are produced weekly.Maynard previously served as Chief Executive Officer of Tudor, Pickering, Holt & Co. from 2016 to 2021 and has over 27 years of experience in energy investment banking and strategic advice. A co-founder of TPH, Maynard functioned as Co-President from 2007 to 2016 and prior to joining TPH, Maynard worked at Goldman Sachs & Co. At Goldman from 1994 to 2007, Maynard worked in Leveraged / Structured Finance and was last a Managing Director in and Energy & Power / Natural Resources.Maynard launched Veriten to convene the brightest minds in and around energy in a civil, inclusive, and intellectually honest discussion to address the most pressing topics across the space. Like too many of us, he passionately believes there are better ways forward in energy and he wants to find them. Maynard is an avid classic Jeep collector and dedicated patron and supporter of youth sports and holds a BA in Economics and Russian from Rice University and a Master's in Public Policy from the John F. Kennedy School of Government at Harvard University.Among other things we discussed 27 Years of Investment Banking, Oil Demand Outlook & Why It's an Exciting Time in Energy.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsGalatea TechnologiesEnverus5Q Investor RelationsSupport the Show.

On this episode of the Energy Security Cubed Podcast, Kelly Ogle and Joe Calnan discuss Joe's recent paper, "How Much Should Canada Worry About Declining Crude Oil Demand?" You can find the paper on CGAI's website here: https://www.cgai.ca/how_much_should_canada_worry_about_declining_crude_oil_demand // For the intro session, Kelly and Joe discuss the possibility of tariffs on Chinese EVs and the upcoming French legislative election. // Host Bio: - Kelly Ogle is Managing Director of the Canadian Global Affairs Institute - Joe Calnan is a Fellow and Energy Security Forum Manager at the Canadian Global Affairs Institute // Reading recommendations: - "The War That Ended Peace: The Road to 1914", by Margaret MacMillan: https://www.penguinrandomhouse.com/books/105817/the-war-that-ended-peace-by-margaret-macmillan/ // Interview recording Date: June 26, 2024 // Energy Security Cubed is part of the CGAI Podcast Network. Follow the Canadian Global Affairs Institute on Facebook, Twitter (@CAGlobalAffairs), or on LinkedIn. Head over to our website at www.cgai.ca for more commentary. // Produced by Joe Calnan. Music credits to Drew Phillips.

There has been lots of talk recently about the transition to electric vehicles sputtering out.  Several automakers have delayed their EV programs citing reduced demand for the vehicles and lack of profitability.  In the bigger picture, the auto industry as a whole is in a rough patch as rising interest rates and other factors have […]

Chevron recently surpassed analyst expectations for a second straight quarter. Strong oil-production growth from recent acquisitions helped the company take advantage of crude prices above $80 a barrel. Chevron CEO Mike Wirth says that oil demand is growing and remains strong in the US and Asia. Wirth discussed Chevron's most recent earnings report and oil demand with Bloomberg Television hosts Alix Steel and Romain Bostick. See omnystudio.com/listener for privacy information.

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss various topics including oil demand surpassing expectations, California's gas prices driven by policy choices, Exxon Mobil doubling its LNG portfolio ahead of schedule, and PetroChina booking record profits due to soaring natural gas and fuel demand. They also touch on geopolitical tensions impacting oil prices and Shell selling its interest in a U.S offshore wind joint venture to refocus on oil and gas. The conversation emphasizes the complexities of the energy market, with a focus on market trends, financial updates, and industry strategies.Highlights of the Podcast00:00 - Intro01:36 - Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude04:44 - Don't let California politicians gaslight you. Higher gas prices are driven by deliberate policy choices.07:18 - Exxon Mobil Ahead of Schedule in Doubling LNG Portfolio, Executive Says10:41 - PetroChina Books Record Profit as Natural Gas and Fuel Demand Soar13:58 - Oil settles higher as Russia orders output cuts, geopolitical tensions persist16:26 - Shell sells interest in U.S. offshore wind joint venture as company refocuses on oil and gas18:42 - OutroPlease see the links below or articles that we discuss in the podcast.Oil Demand Outpaces Expectations, Testing Calculus on Peak CrudeMarch 25, 2024 Mariel AlumitThe world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak. The unabated thirst for crude contributed to an increasingly confident […]Don't let California politicians gaslight you. Higher gas prices are driven by deliberate policy choices.March 25, 2024 Mariel AlumitGas prices in California are the highest in the nation, and the state recently announced its policies are about to drive them even higher. A recent Los Angeles Times editorial completely misrepresented the root causes and attempted […]Exxon Mobil Ahead of Schedule in Doubling LNG Portfolio, Executive SaysMarch 25, 2024 Mariel Alumit(Reuters) — Exxon Mobil is ahead of schedule with its plan to double the size of its LNG portfolio to 40 million tons per annum (mtpa) by 2030 and will focus on selling its own […]PetroChina Books Record Profit as Natural Gas and Fuel Demand SoarMarch 25, 2024 Mariel AlumitA rebound in Chinese natural gas demand and rising fuel sales pushed the earnings of state oil and gas giant PetroChina to a record high in 2023, despite the drop in international oil and gas […]Oil settles higher as Russia orders output cuts, geopolitical tensions persistMarch 25, 2024 Mariel AlumitHOUSTON, March 25 (Reuters) – Oil prices settled higher on Monday as orders from the Russian government to curb oil output, and attacks on energy infrastructure in both Russia and Ukraine offset the United Nation's […] Shell sells interest in U.S. offshore wind joint venture as company refocuses on oil and gasMarch 25, 2024 Mariel Alumit(WO) – Shell New Energies US LLC has sold its 50% equity share in SouthCoast Wind Energy LLC to joint venture partner Ocean Winds North America LLC. SouthCoast Wind is a 50-50 joint venture between […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Many CEOs claim economic strain to justify layoffs in the finance, tech, and media sectors— but it can seem as if corporations are doing better than ever. Today's Stocks & Topics: CCCC - C4 Therapeutics Inc., InvestTalk Market Madness Match Up Part: VRT - Vertiv Holdings LLC, RBLX - Roblox Corp., BLND - Blend Labs Inc., MSI - Motorola Solutions Inc., CYTK - Cytokinetics Inc., HALO - Halozyme Therapeutics Inc., FYBR - Frontier Communications Parent Inc., Are CEOs and Shareholders Taking A Greater Slice of Profits Than One Might Think, SPYI - NEOS S&P 500 High Income ETF, QQQI - NEOS Nasdaq 100 High Income ETF, DOC - Healthpeak Properties Inc., Oil Demand, AVUV - Avantis U.S. Small-Cap Value ETF, SPGP - Invesco S&P 500 GARP ETF, INVE.B - Investor AB Series B, Immigration Policies.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/* Learn more at hackerone.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode of the Energy News Beat Daily Standup, host Michael Tanner discusses the significant disparity between OPEC and the IEA's oil demand forecasts, with OPEC projecting a higher demand increase than the IEA. The New Mexico State Land Office is indefinitely halting some lease sales in the Permian Basin as it seeks legislative approval to increase its top tier royalty rate from 20% to 25%. This move aims to boost state revenues and align with neighboring Texas's royalty rates. In finance, the S&P 500 and Nasdaq showed gains, while Bitcoin experienced a slight drop. Crude oil prices were volatile due to mixed market influences, including inflation concerns and the unexpected API crude oil inventory estimate indicating a significant draw from the Strategic Petroleum Reserve. Finally, natural gas prices continued to decline, and ECT faced market backlash over its merger with Equity Plans. Tanner wraps up with a brief announcement about tomorrow's show and encourages viewers to check out Energy News Beat's website and survey.Highlights of the Podcast00:00 - Intro01:07 - OPEC, IEA at most divided on oil demand since at least 200805:01 - New Mexico halts some oil-field lease sales in standoff over royalty rates in Permian Basin07:37 - Markets Update09:37 - OutroPlease see the links below or articles that we discuss in the podcast.OPEC, IEA at most divided on oil demand since at least 2008March 12, 2024 Mariel AlumitLONDON, March 11 (Reuters) – Producer group OPEC and the International Energy Agency, the world's most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years […]New Mexico halts some oil-field lease sales in standoff over royalty rates in Permian BasinMarch 11, 2024 Mariel AlumitSANTA FE, N.M. (AP) — New Mexico's State Land Office will withhold lease sales indefinitely on its most promising tracts for oil and natural gas development in the Permian Basin as it seeks approval by […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

In this episode of the Energy News Beat podcast, Michael Tanner covers several topics including wind farms receiving millions to switch off due to grid constraints, Russia's record crude oil sales to India bypassing sanctions, and the oil and gas market's performance. He discusses Matador and Chesapeake's earnings reports, noting Matador's record oil production but lower revenues, while Chesapeake's decision to slow down rigs aligns with market challenges. Tanner highlights geopolitical tensions in the Middle East influencing oil prices and the impact of China's real estate market on oil demand. Overall, the day saw mixed market performance with concerns over revenue declines despite production increases in the oil and gas sector.Highlights of the Podcast00:00 - Intro 01:16 - Two Wind Farms Received Over $100 Million To Switch Off03:42 - The Kremlin has never been richer – thanks to a US strategic partner06:44 - Markets Update08:50 - Oil settles lower, demand worries offset geopolitical price support13:48 - OutroPlease see the links below for articles that we discuss in the podcast.Two Wind Farms Received Over $100 Million To Switch OffFebruary 20, 2024 Mariel AlumitRegular readers will know that I have long been concerned over the extraordinary level of payments to wind farms to switch off. These so-called ‘constraint payments' are deemed necessary when the wires in the transmission […]The Kremlin has never been richer – thanks to a US strategic partnerFebruary 20, 2024 Mariel AlumitCNN — Russia is entering its third year of war in Ukraine with an unprecedented amount of cash in government coffers, bolstered by a record $37 billion of crude oil sales to India last year, according to new analysis, which concludes that […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

In this episode of the Energy News Beat Daily Standup, Standard Chartered predicting robust oil demand growth in 2024 and 2025, 75 U.S. lawmakers supporting a CBDC (central bank digital currency) and tight surveillance bill, refuting myths about energy and climate by Gavin Newsom, potential takeover talks triggering a rally at BP, and Ricks expanding its footprint in the global South. In the oil and gas finance segment, markets are up, but oil falls about three percentage points due to Saudi Arabia cutting its official selling price. The hosts discuss various topics, including the potential merger of BP with Shell or Chevron, and the prediction that Japan may leave the G7 to join BRICs. The podcast also covers the French minister's announcement of the potential for 14 new nuclear reactors. The finance segment notes the overall positive market trends, with Nasdaq and S&P 500 up, 30-year yields down, and Bitcoin experiencing significant gains.Highlights of the Podcast 00:00 – Intro01:36 - Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 202504:38 - 75 US Lawmakers Now Support CBDC Anti-Surveillance Bill07:41 - Gavin Newsom's 10 favorite myths about energy and climate, refuted12:41 - Takeover talk triggers rally at beleaguered BP16:35 - BRICS Expands Footprint In The Global South20:19 – Markets Update23:15 - OutroPlease see the links below for articles that we discuss in the podcast.Standard Chartered: Oil Demand Growth To Remain Robust In 2024 And 2025Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand growth in 2024-2025 […]75 US Lawmakers Now Support CBDC Anti-Surveillance BillCongressman Tom Emmer's CBDC Anti-Surveillance State Act now has 75 cosponsors. “A central bank digital currency is government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to […]Gavin Newsom's 10 favorite myths about energy and climate, refutedAs a Californian who studies energy for a living, I am acutely aware of the very damaging energy ideas and policies of our current Governor, Gavin Newsom. I was thus very happy to see Governor […]Takeover talk triggers rally at beleaguered BPTakeover chatter dominated trading rooms as speculation swirled that BP could be a target this year amid chaos at the oil giant. Rumours that rival energy major Shell could be a candidate for a mega-merger with […]BRICS Expands Footprint In The Global SouthIran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates formally joined the BRICS group of major emerging economies on January 1, 2024, expanding the bloc's footprint in the Global South and growing its economic […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Anas F. Alhajji is an energy expert, researcher, author, and speaker. He advises governments, financial institutions and investors on various energy market issues.00:00 - Intro00:30 - Red Sea And Suez Canal04:05 - Oil & LNG Markets In 2023 and 202415:02 - Russian Economy, Sanctions, And Oil&Gas Trade26:45 - Common Sense, COP28, Climate Change Ahead34:30 - How Sustainable Are Electric Vehicles?39:40 - How Will Higher Interest Rates Affect Energy Stocks?42:18 - Should We Re-Design The Grid?43:05 - Venezuela, Guyana, Brazil, Argentina49:20 - Nuclear, What To Do?52:00 - How To Invest In 2024Dr. Anas Alhajji is a renowned speaker and author of research papers and articles with a focus on oil and gas markets, energy security and energy taxation. He has previously served as chief economist at NGP Energy Capital Management, a private equity firm. Anas is one of the most popular guest I have interviewed, and to get the second interview to start of 2024 with is fantastic. Let me know what you think of it.Follow Anas Alhajji on X and Substack:Substack: anasalhajjieoa.substack.comX: https://twitter.com/anasalhajjiPartnership, recruitment & Ad enquiries?For business and partnerships enquiries email christopher@bynorthernnorway.com or use the contact form at www.christophervonheim.comFollow Vonheim on X / Twitter and YouTube:YouTube: Christopher VonheimX / Twitter: @chrisvonheimDisclaimerAll opinions expressed by Christopher Vonheim or his guests on this show are only their opinions and do not reflect the opinions of Vonheim. You should not treat any opinion expressed by Christopher Vonheim as a specific reason to invest or follow a particular strategy, but only as an expression of his opinion. This Show is for informational purposes only. Hosted on Acast. See acast.com/privacy for more information.

While U.S. stocks shrugged off the latest inflation data, the oil markets saw cause for concern. Today's Stocks & Topics: ERF - Enerplus Corp., INVH - Invitation Homes Inc., FLIN - Franklin FTSE India ETF, DE - Deere & Co., Cliff Asness, Losses and Interests, XOM - Exxon Mobil Corp., XOM - Exxon Mobil Corp. Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline.Our Sponsors:* Check out Rosetta Stone for a great deal at: https://www.rosettastone.com/TODAYAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The demand for oil is dropping globally due to the increased use of EVs! WWJ's John McElroy has more. 

- Milestone: U.S. EV Sales Top 1 Million - EVs Reducing Global Oil Demand - U.S. Mining Tied Up in Red Tape - GM Wants Workers Back in The Office - Lamborghini Adopts 4-Day Workweek - NIO Spins Off Battery Business - Bosch Using Generative AI in Manufacturing - VW Adds Bi-Directional Charging - Daimler Using Bus Batteries for Energy Storage

- Milestone: U.S. EV Sales Top 1 Million - EVs Reducing Global Oil Demand - U.S. Mining Tied Up in Red Tape - GM Wants Workers Back in The Office - Lamborghini Adopts 4-Day Workweek - NIO Spins Off Battery Business - Bosch Using Generative AI in Manufacturing - VW Adds Bi-Directional Charging - Daimler Using Bus Batteries for Energy StorageThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3270299/advertisement

Today we discuss 1) battery electric vehicles deliveries in Q3 and how it relates to Brent crude being down 18% from its recent peak, 2) is a recession finally coming after great delay? and 3) the Adyen Investor Day tonight European time as an important event for the payments industry, with Peter Garnry. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo

Bitcoin & Markets: Macro, money, geopolitics and news LIKE AND COMMENT!! In this episode, I react to Luke Gromen's Peak Cheap Oil theory. The basics are that demand will only go up and is price insensitive, adding in an assumption that there is some arbitrary level where oil would be too cheap to pull out of the ground. I'm on the Peak Oil Demand side of the house, where demand will fall due to global recession, deglobalization, falling credit capacity, depopulation, etc. Thanks for listening. If you are reading this, hit the like and subscribe button in your podcast app or on Youtube or Rumble!  Links Full write up and charts https://bitcoinandmarkets.com/e375 Original live stream Real Vision with Luke Gromen Wolf Street FX reserves Reuters on FX reserves YouTube: https://www.youtube.com/@btcmarketupdate Rumble: https://rumble.com/c/BTCandMarkets Twitter https://twitter.com/AnselLindner Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Value 4 Value: Fountain app: https://www.fountain.fm/show/vDnNMS9zY6Ab2ZAMsMJ2 Strike: https://strike.me/ansellindner Cash App: https://cash.app/$AnselLindner --- Disclaimer: The content of Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/ #bitcoin #macro #geopolitics

On October 13th, Canada's top court ruled that Canada's federal Impact Assessment Act (also known as Bill C-69 and sometimes called the “no-more-pipelines act”) is unconstitutional, with a 5-2 decision. To learn more about the decision and the implications for major projects in Canada and future environmental policy, we welcome Sander Duncanson, Partner, Regulatory, Indigenous, and Environmental at Osler to the podcast. Osler is a Canadian business law firm.   Sander was one of the authors of “Supreme Court of Canada finds the federal Impact Assessment Act unconstitutional,” a briefing published by Osler the day of the ruling.    Next, on the podcast, we talk with Chris Severson-Baker, Executive Director of the Pembina Institute, a Canadian environmental organization.  Here are some of the questions Jackie and Peter asked Chris: Have affordability issues reduced the focus on climate as a top concern? Do you see scenarios, such as the IEA's Net Zero Scenario, which assume a rapid decline in oil and natural gas demand as realistic? Do you agree with Alberta's moratorium on new permits for renewable projects? In your opinion, does Canada's oil and gas industry need a cap on its greenhouse gas emissions? What is Pembina's position on developing Canada's LNG export market? Do you view the plan for Canada to reach net-zero electricity by 2035 as achievable? What are your expectations for the upcoming COP28 meeting in Dubai?  Other content referenced in this podcast:  Danielle Smith's statement about the Supreme Court Ruling on X (formerly Twitter) Pembina's 2023 Alberta Climate Summit on October 26 in Calgary  Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media:X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research InstituteSubscribe to ARC Energy Ideas PodcastApple PodcastsGoogle PodcastsAmazon MusicSpotify

Electric two and three-wheelers are eating into oil demand more than EVs right now. The U.K. is rolling back zero emission goals, saying it will cost you money. Bringing Tesla-like route navigation to an non-Telsa EV. Heat pump fever gets even hotter in the United States! James re-enacts a funny dream he has about his finacially-better off co-host. Brian talks about a new series on Nissan's Carlos Ghosn. James gets battery powered socks for his birthday and a 12 volt electric blanket for his EV. Tesla is raising charging prices. Rishi Sunak disappoints with the U.K. backing off on climate goals. A new report says energy costs will go from 4% of GDP to just 2.5% by 2050 in North America. A US heat pump conortium between many US states. How Taiwan become the E-scooter leader LINK to the YouTube Brian discusses: Taiwan e-scooters The Lightning Round with the rest of this week's clean tech and transportion news! The Clean Energy Show is released every week so be sure to subscribe on your favorite podcast app to get new episodes delivered to you free! Support the Show Make a small donation to our podcast today! PayPal Donate!https://www.paypal.com/donate/?hosted_button_id=VMDCRPHLNR8YE E-transfer: cleanenergyshow@gmail.com Thanks for listening to our show! Consider rating The Clean Energy Show on iTunes, Spotify or wherever you listen to our show. Our Store Visit our T-Shirt and Merch Shop! https://my-store-dde61d.creator-spring.com Contact Us! Email us at cleanenergyshow@gmail.com Follow us on TikTok! @cleanenergypod  Check out our YouTube Channel! @CleanEnergyShow Follow us on Twitter or Threads @CleanEnergyPod James Whittingham https://twitter.com/jewhittingham Brian Stockton: https://twitter.com/brianstockton Leave us an online voicemail at http://speakpipe.com/cleanenergyshow Copyright 2023 with some rights reserved. You may share and reproduce portions of our show with attribution. All music is copyright with all rights reserved.  

The 24th World Petroleum Congress (WPC) was held in Calgary from September 17 to 21, 2023. The conference is the world's leading assembly for the petroleum industry. This week on the podcast, Jackie and Peter discuss some conference themes, including the lively discussion on the future of oil demand and the decarbonization of oil and gas.  They also debate whether the industries' messaging about the likelihood of higher oil and gas demand in the future needs to be adjusted to address the concerns this raises for achieving climate goals.Jackie and Peter also share interviews they took part in at the event, including:·       Shaikh Nawaf S. Al-Sabah, the Deputy Chairman and Chief Executive Officer of                     Kuwait Petroleum Corporation (“KPC”)·       Mark Thomas, Group Chief Executive Officer, Bapco Energies·        Jyoti Gondek, Calgary's Mayor·       Joy Romero, Executive Advisor Innovation at Canadian Natural Resources Limited             and President at CRIN (Clean Resources Innovation Network)·       Kevin Krausert, CEO and Co-Founder at Avatar Innovations Inc.·       Gillian McCormack, National Director, Clients & Industries at Bennett Jones·       Taryn Humphreys, Director of Business Development at Qube Technologies·       Eric Petursson, Director of Commercial at Entropy Inc.·       Katie Smith-Parent, Business Development, Industry Diversification at Spartan                   Controls·       Cindy Yeilding, Director, Denbury Inc. ·       Harrie Vredenburg, Professor of Strategy and Sustainability, Haskayne School of                 Business, Research Fellow, School of Public Policy, University of Calgary·       Dean Tucker, Chief Operating Officer and Vice Chair of the Board for the World                   Petroleum CongressContent referenced in this podcast:  ·       See Peter's art exhibit at Heritage Park, titled “Those Who Have Seen the Invention          Pronounce it Wonderful: A Modernist View of the History of Light”, learn more                     here: https://heritagepark.ca/exhibits/history-of-lightbulb/Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media:X (Twitter): @arcenergyinst LinkedIn: @ARC Energy Research InstituteSubscribe to ARC Energy Ideas PodcastApple Podcasts Google Podcasts Amazon Music Spotify

The 24th World Petroleum Congress (WPC) will be held in Calgary from September 17 to 21, 2023. The conference takes place every three years and has been described as the world's leading assembly for the petroleum industry. The organizers are expecting 15,000 visitors and 5,000 delegates from over 100 countries.  This week, we hear from Lisa Baiton, President and CEO of the Canadian Association of Petroleum Producers (CAPP), and Mike Sommers, President and CEO of the American Petroleum Institute (API). Both organizations will be at the WPC in Calgary.  Here are some of the questions Jackie and Peter asked: With Russia's invasion of Ukraine, has energy security become a greater focus in North America? Does the United States still consider Canadian oil and gas foreign? With the recent run-up in oil prices, are you concerned about how consumers will react to higher prices for petroleum fuels?  Is the oil and gas industry reducing GHG emissions? What is your response to people who want oil and gas consumption to end soon? Do you think greenfield oil or gas pipelines can be built between the United States and Canada?  What is the outlook for LNG exports from the US and Canada?  Content referenced in this podcast:The World Petroleum Congress registration information: https://www.24wpc.com/  The Canadian conventional oil and natural gas sector emissions fell 24 percent in the last decade (CAPP analysis).  Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research InstituteSubscribe to ARC Energy Ideas PodcastApple PodcastsGoogle PodcastsAmazon MusicSpotify

Why inflation can be a big deal in retirement—especially for new retirees. Today's Stocks & Topics: UPS - United Parcel Service Inc. Cl B, LBRT - Liberty Energy Inc., The A-I Buzz Is Facing a Reality Check, Oil Demand, Financing Large Purchases, MJ - ETFMG Alternative Harvest ETF, FTAIP - FTAI Aviation Ltd. 8.25% Fixed/Floating Cum Redeem Pfd. Series A, FTAIN - FTAI Aviation Ltd. Pfd. Series C, CTSH - Cognizant Technology Solutions Corp.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

BP's CEO Bernard Looney speaks with Bloomberg's Mark Cudmore and Dani Burger on Bloomberg TV about their second-quarter earnings, forecast, and global oil demand. See omnystudio.com/listener for privacy information.

Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on The Road to Autonomy podcast to discuss the global record demand for oil and the Texas economy.The conversation begins with Dean discussing the current state of the oil markets. In a nutshell they are deceptively tighter than relativity modest prices, of plus or minus $70 a barrel recently would indicate. – Dean ForemanEven though we are currently in a tight oil market, global oil demand is projected to increase to 102.7 million barrels per day in 2024 — a record high. If the economy stays on track and continues to hum along and not fall into a recession, the oil supply pressures could continue to mount. Historically in a rising rate environment, the demand for oil and commodities in general has decreased. This time however, we are seeing the demand for oil continuing to be strong. The increased demand for oil is primarily coming from emerging markets. We're seeing emerging markets drive the majority of economic growth this year, projected again over the next two years and hand-in-hand with that has come the energy demand to go with it. – Dean ForemanIf the demand for oil continues as projected, The United States can bring more supply online. In the United States, Texas currently produces 5.4 million barrels per day of oil. With global demand for oil increasing, Texas' economy has led the nation in economic growth for the last two quarters. Texas economy is growing at an average annual pace of 7.6%, more than 2.5 times the U.S. average. From January 2023 to April 2023, Texas generated $73.2 billion of state export revenues. When Texas does well, the U.S. does well. – Dean ForemanWith 43.6% of the oil in the United States being produced in Texas, the industry puts safe guards in place to protect against the potential impacts of hurricanes to ensure that oil can continue to flow. Wrapping up the conversation, Dean shares his outlook for the global oil markets and what he expects to see occur over the next quarter. Follow The Road To Autonomy on Apple PodcastsFollow The Road to Autonomy on Spotify Follow The Road To Autonomy on LinkedInFollow The Road To Autonomy on TwitterRecorded on Friday, July 7, 2023See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Oil slides more than 1% as Chinese GDP dents demand hopeshttps://www.reuters.com/business/energy/oil-slips-after-libya-resumes-output-china-data-eyed-2023-07-17- GDP grew 6.3% year-on-year in the 2nd quarter, compared with analyst forecasts of 7.3%- what analysts were forecasting such high growth?- slow correction where expectations come back down to realityChina's June industrial output rises 4.4%, retail sales up 3.1%https://finance.yahoo.com/news/chinas-june-industrial-output-rises-020809002.html- China's industrial output grew 4.4% in June from a year earlier, unexpectedly accelerating from 3.5% seen in May- Retail sales grew 3.1% in June, slowing from a 12.7% jump in May. Analysts had expected growth of 3.2%.- Are the kind of okay numbers from China signals that the Chinese economy is actually much worse?Chinese Oil Demand Doesn't Make Sensehttps://www.wsj.com/articles/chinese-oil-demand-doesnt-make-sense-cbc02a44- "Either China's economy will accelerate rapidly in the second half—a prospect that currently looks unlikely—or oil demand will revert to more regular patterns, dragging global consumption and, potentially, prices down with it." *** Really???***- Could there be a mismatch between petroleum imports quotas and what they actually need.- "China doesn't regularly publish petroleum inventory data as the U.S. does, so it is difficult to say for sure how much diesel might be sitting in storage somewhere."Oil Bulls are Getting it All Wrong, Wall Street Veteran Warnshttps://finance.yahoo.com/news/oil-bulls-getting-wrong-wall-101242402.html- “The bulls got it all wrong,” said Ed Morse, the bank's veteran head of commodities research. “The world is still waiting for a real Chinese recovery, Europe is in recession and we still don't know if the US will have a hard landing.”- Citi's call for oil's summer average was $83/barrel. More realistic that the $97/barrel calls. But it's still off from $78...Japan to Propose Global Natural Gas Reserve to Avoid Shortageshttps://finance.yahoo.com/news/japan-propose-global-natural-gas-040004888.html- Can see why indiv countries would want to do this, but will global natural gas supplies be helpful the same way global oil reserves are when natural gas isn't traded like oil is?- Also, higher nat gas prices make Permian wells more valuable- Regional natural gas storage frameworks make much more senseDirty and Sludgy Oil Runs Hot in Asia as Saudis Cut Supply Backhttps://finance.yahoo.com/news/dirty-sludgy-oil-runs-hot-051227587.html- Less light oil on the market from Saudi Arabia and UAE has made buyers look for heavy, sour crudes- Urals price is now up close to price cap price- Was this intentional by Saudis? This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit energyweek.substack.com

Link to slide deck: https://bit.ly/3DhGzMp   - Today we wrap global market developments as the US headed home early yesterday for today's market and national July 4 holiday. We also discuss the remarkable adoption curve of EV's in light of this week's impressive delivery figures from Tesla and others, especially the under-appreciated scale of two- and three-wheel vehicle production, and whether crude oil demand destruction will accelerate more steeply than currently anticipated. In fixed income, the focus remains on the remarkable inversions of global yield curves, with EU- and UK swap spreads indicating more pressure on rates to rise further than in the US. This and more in today's pod, which features Peter Garnry on equities, Althea Spinozzi on fixed income and John J. Hardy hosting and on FX. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo   - Intro and outro music by AShamaluevMusic

It was literally so hot this week that roads were buckling in H-Town and the news was even hotter. From campaign finance misspending to a new law focusing on drunk drivers, host Raheel Ramzanali breaks it all down with Pulitzer Prize finalist Evan Mintz and media personality Antre'chelle Nova. Want to dig deeper into these stories? Check out the links below: Greater Houston Partnership New Leader Oil demand is peaking Michael Kubosh investigation  Road are buckling in the heat Two more deaths inside Harris County Jail Bentley's Law 13-Year-Old missing girl found Higher Education Social Media Conference at UH-Downtown Pride Parade in Houston City Cast Houston's episode on Harris County Jails  Looking for more Houston news? Then sign up for our morning newsletter Hey Houston  Follow us on Twitter and Instagram  @CityCastHouston Don't have social media? Then leave us a voicemail or text us at +1 713-489-6972 with your thoughts! Have feedback or a show idea? Let us know!  Interested in advertising with City Cast? Let's Talk! Learn more about your ad choices. Visit megaphone.fm/adchoices