Podcasts about us gulf coast

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Best podcasts about us gulf coast

Latest podcast episodes about us gulf coast

Argus Media
What next for the US, Venezuela and Americas asphalt market?

Argus Media

Play Episode Listen Later Sep 24, 2025 16:45


Listen to our market experts as they address the following: Assumptions on Venezuela as addressed in the Americas issue of Argus Asphalt Quarterly Analytics report  Demand outlook in Latin America and the potential impact the 2026 Brazilian election could have on asphalt consumption  Impact of Chevron's reinstated waiver, including what that means for asphalt exports to the US A roundup of the US Gulf Coast and the general US market - key supply and capacity updates Impact of the tariffs, US trade policies and scrutiny of government budgets A brief look into Canadian asphalt production And much more

Unleashed - How to Thrive as an Independent Professional
619. Uday Turaga, What the AI Boom Means for Energy

Unleashed - How to Thrive as an Independent Professional

Play Episode Listen Later Sep 22, 2025 39:49


Show Notes: Uday Turaga runs ADI Analytics, a boutique firm specializing in oil and gas, energy, and chemical industries. ADI Analytics was founded in 2009, has 20 employees, and operates globally. The firm focuses on the value chain across oil and gas, energy, and chemicals, including upstream exploration, midstream natural gas and LNG markets, downstream fuels, power utilities, and energy transition. In 2017, ADI Analytics acquired Chemical Market Resources, expanding its capabilities in the chemicals and materials spaces. Oil and Gas Projects Uday discusses various oil and gas projects, including work with large oil and gas majors like Exxon, BP, and Shell. ADI Analytics helps refining independents explore export markets in Latin America due to the US refining complex's gasoline surplus. The firm conducts feasibility studies for LNG export terminals on the US Gulf Coast, analyzing competitive positioning, technology, risks, and financing. He explains that scenario planning for an oil major focuses on long-term energy demand, and how it can be affected by the growing demand for natural gas from data centers and emerging markets globally. About ADI Analytics  Uday talks about ADI Analytics. They work with large chemical players like BASF, Dow, and SABIC, covering the entire value chain, and help them on the feedstocks conversion into key building blocks in the chemicals industries, such as olefins, aromatics, and then all the derivatives, and further down into plastics, polymers and and how those plastics and polymers end up in our lives as consumers. He explains why the chemical industry is distressed, and how the firm helps clients understand the cost competitiveness of different chemicals globally and the impact of energy transition on the industry. Projects include due diligence for private equity firms on specialty chemical and materials markets and mapping the impact of energy transition on supply chains. Data Center Growth in the US Uday provides an overview of the data center landscape, noting the significant growth in data center capacity in the US Hyperscalers are building larger data centers, often in non-traditional locations like Texas, Oklahoma, and Louisiana, driven by the need for secure energy and power. He explains how large the demand for electricity from data centers is with hyperscalers requiring up to a gigawatt of power, which is challenging to secure. Energy needs between households and data centers are compared to give an example of the scale needed. However, the process of adding new power generation capacity to the grid is slow, with interconnection queues taking multiple years, leading to delays in meeting data center power needs. Energy Sources and Strategies for Data Centers  Hyperscalers are pursuing various strategies to secure power, including building data centers in non-preferred locations, partnering with utilities, and investing in early-stage technologies like geothermal and small modular nuclear reactors. Uday discusses the challenges of securing power for data centers, including the need for significant new power generation capacity and the difficulties in connecting to the grid. The conversation highlights the importance of low-carbon energy sources for data centers, with interest in geothermal, nuclear, and hydrogen. ADI Analytics is involved in projects helping tech companies identify sources of low-carbon energy and exploring opportunities for oil and gas majors in the power generation space. Geothermal Energy and Small Modular Nuclear Reactors Uday explains the potential of geothermal energy, including traditional hydrothermal resources and advanced geothermal systems (EGS). EGS involves drilling deep into the Earth's surface to extract heat, but the technology is still in development and faces challenges like high costs and engineering complexities. Small modular nuclear reactors (SMRs) are gaining interest due to growing electricity demand from data centers and industrial electrification. The conversation covers the regulatory and permitting challenges for SMRs, the need for innovation in nuclear power, and the potential for these technologies to address energy needs. Politics and Policy on Energy Projects The conversation turns to the impact of political and policy decisions on energy projects, including the opposition to renewable energy projects and support for nuclear power. Uday highlights the need for a balanced energy policy that supports all forms of energy, recognizing the unique advantages and challenges of each technology. He emphasizes the importance of allowing markets to determine the most competitive energy solutions, rather than imposing political or regulatory barriers. The discussion concludes with a call for a more cohesive and market-driven energy policy to meet the diverse energy needs of the future. Timestamps 02:22 Oil and Gas Project Examples  04:56: Chemical Industry Projects 08:16: Data Center Trends and Challenges  23:45: Energy Sources and Strategies for Data Centers 25:28: Geothermal Energy and Small Modular Nuclear Reactors  33:18: Political and Policy Considerations  Links: ADI Analytics website: www.adi-analytics.com  LinkedIn: https://www.linkedin.com/in/turaga/   Unleashed is produced by Umbrex, which has a mission of connecting independent management consultants with one another, creating opportunities for members to meet, build relationships, and share lessons learned. Learn more at www.umbrex.com.  

Global Oil Markets
Tightness in USGC heavy crude puts spotlight on Canadian access

Global Oil Markets

Play Episode Listen Later Jul 31, 2025 25:35


Heavy crude supplies to the US Gulf Coast have tightened. Waterborne imports have dropped sharply, driven largely by declines from Mexico and Venezuela. Canadian wildfires have further limited access to heavy barrels, and refiners like Valero are starting to feel the squeeze. Why are Mexican and Venezuelan crude imports collapsing, and can they recover? Why aren't USGC refiners just turning to Canada via pipeline to replace lost barrels? What Canadian pipeline expansion plans are in the works to bring more crude to the USGC or overseas markets?  Jeff Mower, director of Americas oil news, speaks with senior oil news editor Ashok Dutta and Canadian oil market reporter Alex Saucer to break down what's driving the tightness and where new supply might come from. Links: Pacific Cold Lake vs ICE Brent ATMXC00 Pacific Dilbit vs ICE Brent ATMXG00 Western Canadian Select at Hardisty vs WTI CMA AAPPP00 Western Canadian Select at Cushing vs WTI CMA AAWTZ00

World Business Report
Will tariffs lead to a global recession?

World Business Report

Play Episode Listen Later Apr 8, 2025 26:28


A former chief economist at the World Bank believes that the USA's tariffs on its largest trading partners could lead to many countries being pushed into recession. Rahul Tandon speaks to a shrimp and seafood harvester based off the US Gulf Coast who feels President Trump's policies is a positive for their sector. Elsewhere we hear from a Canadian auto worker and a fashion business owner in Indiana on what any US-China tariff war might mean for them. The latest business and finance news from around the world, on the BBC.

Global Oil Markets
Trump tariffs highlight US refiner dependence on Mexico and Canada

Global Oil Markets

Play Episode Listen Later Mar 6, 2025 20:47


New US tariffs on imports from Canada and Mexico are highlighting the dependence of US refiners and consumers on crude and refined products from both countries. Why is the US Atlantic Coast in particular exposed to the supply and price impacts of the tariffs? Who will eat the costs of tariffs on Canadian crude?  Jeff Mower speaks with senior refining editor Janet McGurty and crude price editor Jada Johnson to discuss what options US Gulf Coast refiners have in obtaining heavy crude barrels, considering the 25% tariff on Mexican oil and considering that imports from Venezuela are no longer stable. Links: Join us on Platts Connect Register for CERAWeek

AvTalk - Aviation Podcast
AvTalk Episode 304: Oh baby baby

AvTalk - Aviation Podcast

Play Episode Listen Later Jan 24, 2025 41:50


On this week's episode of AvTalk, Jason journeys through the European fog for a very special trip to the beach. Snow hits the US Gulf Coast from Houston to New Orleans forcing the cancellation of thousands of flights. The Boeing 777X is flying again and the NTSB releases its final report on the United Airlines […] The post AvTalk Episode 304: Oh baby baby appeared first on Flightradar24 Blog.

Global Oil Markets
Permian production and potential pipeline pileups

Global Oil Markets

Play Episode Listen Later Oct 31, 2024 18:18


Crude production in the Permian Basin is growing, but pipeline capacity growth out of the West Texas/New Mexico play is lagging. With Permian crude output expected to reach roughly 7 million b/d by December 2025, some industry watchers are concerned that tight exit capacity could lead to wider crude price discounts for Midland WTI. Will the market see a repeat of August 2018, when the WTI Midland discount widened to $20/b because exit capacity fell short? Does US crude export growth present another potential bottleneck? And what does lower-than-expected US crude export demand mean for several planned terminal expansion on the US Gulf Coast? Jeff Mower, director of Americas oil news, discusses pipeline capacity, crude export demand, and more with senior upstream oil editor Starr Spencer and midstream oil editor Binish Azhar.

FIS CASTAWAY
Oil Special – the year in review and what can we expect in the future

FIS CASTAWAY

Play Episode Listen Later Oct 9, 2024 27:35 Transcription Available


This episode of Freight Up delves into the complexities of the oil market amidst escalating tensions in the Middle East, focusing on the significant impact these events have on global oil prices. Hosts Jess and David are joined by experts to discuss the recent fluctuations in oil, including the spike in Brent crude prices following geopolitical developments and the underlying economic factors contributing to market shifts. The conversation extends to dry freight and iron ore, with insights from analysts on the latest market movements and trends, particularly in relation to China's economic landscape. Additionally, the episode addresses the implications of recent hurricanes on oil production in the U.S. Gulf Coast and how these natural events intertwine with broader market dynamics. Tune in to gain a comprehensive understanding of the current state of freight and commodity markets, highlighting the intricate relationships between geopolitics, economics, and environmental factors.Takeaways: The podcast highlights the recent volatility in oil prices driven by geopolitical tensions in the Middle East. Iron ore prices have seen significant fluctuations, influenced by Chinese economic activity and inventory levels. Recent hurricanes in the US Gulf Coast have temporarily impacted oil supply and prices. The discussion emphasized the importance of macroeconomic indicators affecting both oil and dry freight markets. Market sentiment remains cautious as uncertainties around OPEC cuts and global demand persist. China's changing tax policies on imported oil could significantly affect refinery operations and crude demand. Companies mentioned in this episode: Chevron BP Shell

World Business Report
Hurricane Milton tears its way towards Florida

World Business Report

Play Episode Listen Later Oct 7, 2024 26:26


Hurricane Milton has rapidly intensified into a category five storm as it tears its way towards the US Gulf Coast and risks impacting businesses in the area. We talk to one of the business owners and look at the current situation.Also, we find out how expensive the future US presidential policy will be and why the "1 dollar home scheme" can help to reduce a shortage of affordable homes in Baltimore.

Resources Radio
Will Carbon Capture Make Local Air Pollution Worse?, with Andrew Waxman

Resources Radio

Play Episode Listen Later Sep 23, 2024 30:28


In this week's episode, host Daniel Raimi talks with Andrew Waxman, an assistant professor at the University of Texas at Austin, about carbon capture, utilization, and storage (CCUS), a technology that involves the capture and storage or reuse of carbon dioxide. Waxman discusses the application of CCUS technology for reducing greenhouse gas emissions from power plants and industrial facilities; the importance of the technology for achieving emissions-reduction goals; and the potential effects of the technology on local air pollution, particularly in communities along the US Gulf Coast. References and recommendations: “What are the likely air pollution impacts of carbon capture and storage?” by Andrew Waxman, HR Huber-Rodriquez, and Sheila M. Olmstead; https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4590320 “Special Report on Carbon Capture Utilisation and Storage: CCUS in Clean Energy Transitions” from the International Energy Agency; https://www.iea.org/reports/ccus-in-clean-energy-transitions “City Limits: Infrastructure, Inequality, and the Future of America's Highways” by Megan Kimble; https://www.penguinrandomhouse.com/books/711708/city-limits-by-megan-kimble/

AccuWeather Daily
Concern growing for a hurricane strike on US Gulf Coast late this week

AccuWeather Daily

Play Episode Listen Later Sep 23, 2024 4:37


AccuWeather hurricane experts continue to sound the alarm on a high risk of tropical development in the Caribbean and Gulf, which will likely lead to dangerous conditions along the Gulf Coast of the U.S. this week. Learn more about your ad choices. Visit podcastchoices.com/adchoices

AP Audio Stories
Francine gains strength and is expected to be a hurricane when it reaches US Gulf Coast

AP Audio Stories

Play Episode Listen Later Sep 10, 2024 0:53


AP correspondent Donna Warder reports, a Tropical Storm churning in the Gulf of Mexico is expected to become a hurricane, as it sets its sights on the Louisiana coast.

CommSec
Morning Report 10 Sept 24: Bargain hunting pushes Dow Jones almost 500 points higher

CommSec

Play Episode Listen Later Sep 9, 2024 9:37


US investors pounce on discounted stocks, leading to a rebound in the market. Apple unveiled the iPhone 16 yesterday, showcasing its new AI features. Oil prices edge higher as a hurricane approaches the US Gulf Coast while iron ore ended its six-day losing streak amid hopes for Chinese stimulus. Locally, Aussie shares are expected to rise ahead of business and consumer confidence surveys. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Marcus Today Market Updates
Pre-Market Report – Tuesday 10 September: US markets rally | Apple event

Marcus Today Market Updates

Play Episode Listen Later Sep 9, 2024 11:03


Wall Street kicked off the week higher with all three major indexes gaining over 1%, buoyed by bargain hunting following last week's sharp sell-off. Attention now shifts to this week's CPI data for more clues on the size of the Fed rate cut. The Dow Jones gained 484 points (+1.2%). Up 655 points at best. The S&P 500 rose 1.16% snapping a five-day losing streak after its worst start to a September on record. The NASDAQ rose 1.16% with Nvidia +3.5% and Tesla +2.6% leading gains. Apple finished flat after falling ~2% as it unveiled its AI-boosted iPhone 16 with improvements in its Siri personal assistant, beginning in test mode next month. Small caps Russell 2000 edged 0.30% higher and the VIX slumped 13.1%.ASX SPI up 78Local: Westpac consumer confidence August at 10.30am, NAB business confidence and conditions August at 11.30am.Anglo American hired advisers to sell two nickel mines in Brazil, says country head.Oil prices edge up as storm approaches US Gulf Coast after week of heavy losses.Traders see oil prices at $60-$70/bbl on oversupply, China demand risks.China lithium prices hit new low on macro concerns, surging supplies.China plans to include steel, cement and aluminium in its carbon market in 2024.Gold prices steady with spotlight on US inflation data.Copper bounces as market looks ahead to US inflation data.Chile copper exports hit $4.27bn in August.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.  

ICIS - chemical podcasts
Episode 1209: Think Tank: US Gulf Coast chemicals must prepare for more persistent disruption

ICIS - chemical podcasts

Play Episode Listen Later Jul 9, 2024 21:30


Climate change and warming oceans mean that the US Gulf Coast chemical sector will have to adapt to more frequent weather events such as Hurricane Beryl.-          Gulf Coast area where Hurricane Beryl made landfall houses 13m tonnes, 29% of US ethylene production capacity-          Beryl is earliest Category five hurricane on record; busy season forecast-          Warming oceans mean there may be double the number of severe hurricanes -          Energy, chemical industries must adapt to cope with more weather events-          Move towards net zero carbon gives opportunity to relocate plants, infrastructure

99% Invisible
Category 6

99% Invisible

Play Episode Listen Later Jun 18, 2024 39:06


After Hurricane Camille caused widespread death and destruction along the US Gulf Coast in 1969, two scientists created the Saffir-Simpson Hurricane Wind Scale as a way to quickly warn the public when dangerous storms were on the way. Today, we're still using the scale and its system of ranking storms as Categories 1 to 5. But in the 55 years since the scale was created, hurricanes have become more frequent, and they have gotten bigger, faster, more devastating. There's now debate among meteorologists about whether the scale is obsolete, and it may be time for something new.Category 6

Energy News Beat Podcast
ENB 280 - Weekly Recap: OPEC Dynamics, LNG Ventures, Regulatory Challenges, and Impacts on U.S. Energy Assets

Energy News Beat Podcast

Play Episode Listen Later Jan 6, 2024 16:09


In this episode of the Energy News Beat Daily Standup, the hosts discuss various energy-related topics. They cover OPEC's influence on oil prices in 2024, highlighting concerns about lower demand and rising non-OPEC supply. The hosts also touch on the impact of U.S. oil producers adding 1 million barrels per day to the market. The conversation shifts to ExxonMobil's Golden Pass LNG project in Qatar, expressing concerns about foreign ownership of critical U.S. energy assets. There's a mention of Venezuela's actions affecting Chevron's operations in Guyana. The hosts discuss a federal appeals court rejecting Berkeley, California's natural gas ban and the regulatory challenges leading Chevron to impair its California oil and gas production assets, resulting in a significant charge. Overall, the discussion emphasizes the complex dynamics and challenges within the global energy landscape.Highlights of the Podcast00:00 - Intro 01:18 - OPEC's Influence on Oil Prices To Remain Significant In 2024  07:38 - QatarEnergy, ExxonMobil moving forward with Golden Pass LNG work  11:56 - Appeals court delivers fatal blow to California city pushing natural gas ban  14:24 - Chevron impairs California oil, gas production assets due to regulatory challenges  15:57 - OutroPlease see the links below for articles that we discuss in the podcast.OPEC's Influence on Oil Prices To Remain Significant In 2024Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone by surprise this year by adding 1 million barrels in daily output. OPEC's share in the global total may […]QatarEnergy, ExxonMobil moving forward with Golden Pass LNG workEnergy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas. State-owned QatarEnergy owns a 70 percent stake in the […]Appeals court delivers fatal blow to California city pushing natural gas banAfederal appeals court rejected a petition Tuesday to rehear a case related to a natural gas ban proposed by the City of Berkeley, California, which the panel ruled was illegal last year. The U.S. Court of Appeals […]Chevron impairs California oil, gas production assets due to regulatory challenges(Bloomberg) – Chevron Corp. will book fourth-quarter charges of $3.5 billion to $4 billion, citing assets it sold in the Gulf of Mexico and policies in California prompting the company to slash investments in the […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Energy News Beat Podcast
ENB 278 - OPEC's Influence, LNG Ventures, and 2024 Market Outlook

Energy News Beat Podcast

Play Episode Listen Later Jan 3, 2024 21:53


In the first episode of 2024 on the Energy News Beat Daily Standup, hosts Michael Tanner and Stuart Turley discuss various topics in the energy sector. They touch upon OPEC's influence on oil prices and how external factors like lower demand and rising non-OPEC supply could impact OPEC's decisions. The hosts also highlight Qatar Energy and ExxonMobil's progress in the global LNG market, specifically with the Golden Pass LNG project. The energy market outlook for 2024 is explored, emphasizing the increasing importance of natural gas globally. The discussion includes geopolitical factors, such as the potential impact of conflicts with Iran, and the ongoing developments in various energy markets worldwide. The hosts express optimism for the energy sector in 2024 and share insights on current market trends.Highlights of the Podcast00:00 - Intro03:44 - OPEC's Influence on Oil Prices To Remain Significant In 202410:05 - QatarEnergy, ExxonMobil moving forward with Golden Pass LNG work14:25 - Energy market outlook – what can we expect in 2024? – Watt-Logic18:04 - Markets Update19:35 - ConocoPhillips announces the final investment decision as a go for the Willow Project, which is located on Alaska's North Slope21:24 - OutroPlease see the links below for articles that we discuss in the podcast.OPEC's Influence on Oil Prices To Remain Significant In 2024Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone by surprise this year by adding 1 million barrels in daily output. OPEC's share in the global total may […]QatarEnergy, ExxonMobil moving forward with Golden Pass LNG workEnergy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas. State-owned QatarEnergy owns a 70 percent stake in the […]Energy market outlook – what can we expect in 2024? – Watt-LogicENB Pub Note: Excellent Summary from Watt-Logic. I would add some wild items happening in the global oil and gas markets. OPEC, and OPEC + have had a major loss of control over the oil […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Global Oil Markets
Is Russian supply "to be, or not to be" for Brazil diesel markets?

Global Oil Markets

Play Episode Listen Later Oct 12, 2023 13:46


After sanctions on Russia in the aftermath of the invasion of Ukraine, Brazil started sourcing 78% of its imports from Russia. But in mid-September, Russia announced a ban on refined product exports to ease its own domestic fuel prices. It quickly changed course, however, partially lifting the ban in early October to free up storage for winter grade diesel and to offload remaining summer product. Now, the Brazilian market must decide whether to trust Russia as a steady source of fuel or to to return to the more reliable US Gulf Coast for diesel supply. S&P Global Commodity Insights' light ends pricing manager Sarah Hernandez, middle distillates manager Jordan Daniel, and Latin America refined products reporter Maria Jimenez Moya discuss how Russia lifting its diesel ban is affecting trade flows in Brazil.  Links: (NEW) AULDA00 - ULSD DAP South Brazil (All-Origin) $/bbl Join us on Platts Connect

Ground Truths
Straight Talk with Peter Hotez

Ground Truths

Play Episode Listen Later Sep 19, 2023 48:28


Dr. Peter Hotez is a veritable force. He has been the tip of the spear among physicians and scientists for taking on anti-science and has put himself and his family at serious risk.Along with Dr. Maria Bottazzi, he developed the Corbevax Covid vaccine —without a patent— that has already been given to over 10 million people, and was nominated for the Nobel Peace Prize. Here an uninhibited, casual and extended conversation about his career, tangling with the likes of RFK Jr, Joe Rogan, Tucker Carlson, Steve Bannon, and an organized, funded, anti-science mob, along with related topics.Today is publication day for his new book, The Deadly Rise of Anti-Science.Transcript (AI generated)Eric Topol (00:00):Hello, this is Eric Topol with Ground Truths, and I'm with my friend and colleague who's an extraordinary fellow, Dr. Peter Hotez. He's the founding dean of the National School of Tropical Medicine and University professor at Baylor, also at Texas Children's founding editor of the Public Library Science and Neglected Tropical Disease Journal. and I think this is Peter, your fifth book.Peter Hotez (00:28):That's my fifth single author book. That's right, that's right.Eric Topol (00:32):Fifth book. So that's pretty amazing. Peter's welcome and it's great to have a chance to have this conversation with you.Peter Hotez (00:39):Oh, it's great to be here and great to be with you, Eric, and you know, I've learned so much from you during this pandemic, and my only regret is not getting to know you before the pandemic. My life would've been far richer. AndPeter Hotez (00:53):I think, I think I first got to really know about you. You were are my medical school, Baylor College of Medicine, awarded you an honorary doctorate, and that's when I began reading about it. Oh. I said, holy cow. Why didn't, why haven't I been with this guy before? SoEric Topol (01:08):It's, oh my gosh. So you must have been there that year. And I came to the graduation.Peter Hotez (01:12):No, I actually was speaking at another graduation. That's why I couldn't be there, . Ah,Eric Topol (01:18):Right. As you typically do. Right. Well, you know, it's kind of amazing to track your career besides, you know, your baccalaureate at Yale and PhD at Rockefeller and MD at Cornell. But you started off, I, I think deep into hookworm. Is that where you kind of got your start?Peter Hotez (01:36):Yeah, and I'm still, and I'm still there actually, the hookworm vaccine that I started working on as an MD-PhD student at Rockefeller and Cornell is now in phase 2 clinical trials. Wow. So, which is, I tell people, is about the average timeframe --about 40 years-- is about a, not an unusual timeframe. These parasites are obviously very tough targets. oh man. And then we have AOIs vaccine and clinical trials and a Chagas disease vaccine. That's always been my lifelong passion is making vaccines for these neglected parasitic infections. And the story with Covid was I had a collaboration with Dr. Sarah Lustig at the New York Blood Center, who, when we were working on a river blindness vaccine, and she said, Hey, I want you to meet these two scientists, New York Blood Center. They're working on something called coronaviruses vaccines.(02:27):They were making vaccines for severe acute respiratory syndrome and SARS and ultimately MERS. And so we, we plugged their, their, some of their discoveries into our vaccine development machine. And they had found that if you were using the receptor binding domain of the, of the spike protein of SARS and ultimately MERS it produced an equivalent protective immune response neutralizing antibodies without the immune enhancement. And that's what we wrote to the NIT to do. And they supported us with a $6 million grant back in 2012 to make SARS and MERS vaccines. And, and then when Covid 19 hit, when the sequence came online and BioXriv in like early 2020, we just pivoted our program to Covid and, and we were able to hit the ground running and it worked. Everything just clicked and worked really well. And stars aligned and we were then transferred that technology.(03:26):We did it with no patent minimizing strings attached to India, Indonesia, Bangladesh. any place that we felt had the ability to scale up and produce it, India went the furthest. They developed it into Corbevax, which has reached 75 million kids in India. And another 10 million as their, for their primary immunization. Another 10 million is adult booster. And then Indonesia developed their own version of our, of our technology called IndoVac. And, and that's also reaching millions of, of people. And now they're using it as a, also as a booster for Pfizer, because I think it may be a superior booster. So it was really exciting to s you know, after working in parasitic disease vaccines, which are tough targets and decades to get it through the clinical trials because the pressure was on to move quickly goes to show you when people prioritize it. And also the fact that I think viruses are more straightforward targets than complex parasites. And well, so that in all about a hundred million doses have been administered andEric Topol (04:33):Yeah, no, it's just a spectacular story, Corbevax and these other named of the vaccine that, that you and Maria Bottazzi put together and without a patent at incredibly low cost and not in the us, which is so remarkable because as we exchanged recently, the us the companies, and that's three Moderna, Pfizer, and Novavax are going to charge well over $110 per booster of the, the new booster updated XBB.1.5. And you've got one that could be $2 or $4 that's,Peter Hotez (05:11):And it's getting, so we're making, we're making the XBB recombinant protein booster of ours. And part of it's the technology, you can, you know, it's done through microbial fermentation in yeast, and it's been in a big bioreactor. And it's an older technology that's been around a couple of decades, and there's no limit to the amount you could scale. The yields are really high. So we can do this for two to $3 a dose, and it'd even be less, it wasn't for the cost of the adjuvant. The C P G, the nucleotide is probably the most expensive component, but the antigen is, you know, probably pennies to, to, you know, when you're doing it at that scale. And, and so that, that's really meaningful. I'd like to get our XBB booster into the us It's,Eric Topol (05:55):Yeah, it's just no respect from,Peter Hotez (05:58):We're not a pharma company, so we don't, we didn't get support from Operation Warp Speed, and so we didn't get any US subsidies for that. And it's just very hard to get on the radar screen of BARDA and those agencies and, 'cause that's, they're all set up to work with pharma companies.Eric Topol (06:16):Yeah, I know. It's, it's just not right. And who pays for this is the people, the public, because they, you know, the affordability is going to have a big influence on who gets boosters and is drivingPeter Hotez (06:27):. Yeah. So, so what I say is we, we provide, you know, the anti-vaccine guys, like the call me a Shill for pharma, not knowing what they're talking about. We've done the opposite, right? We've provided a path that shows you don't need to go to big pharma all the time. And, and so they should be embracing what we're doing. So we, we've, you know, have this new model for how you can get low cost vaccines out there. Not, not to demonize the pharma companies either. They, they do what they do and they do a lot of important innovation. But, but there are other pathways, especially for resource coordination. So we'd love to get this vaccine in, in the us I think it's looking a little work just, just as well, it's, you know, butEric Topol (07:12):You, yeah, I mean, it's not, I don't want ot demonize the vaccine companies either, but to raise the price fivefold just because it's not getting governed subsidy and the billions that have been provided by the government through taxpayer monies. Yeah.Peter Hotez (07:28):Well, the Kaiser Family Foundation reported that they did an analysis that, that pharma, I think it was Pfizer and Moderna got 25 to 30 billion Yeah. Dollars in US subsidies, either for development costs for Moderna. I think Pfizer didn't accept development costs, but they both took advanced purchase money, so $30 billion. And you know, that's not how you show gratitude to the American people byEric Topol (07:55):JackingPeter Hotez (07:56):Up the price times for, I think I said, guys, you know, have some situational awareness. I mean, do you want people to hate you? Yeah.Eric Topol (08:04):That's what it looks like. Well, speaking of before I get to kind of the anti-science, the, THE DEADLY RISE OF ANTI-SCIENCE, your new book, I do want to set it up that, you know, you spent a lot of your career besides working on these tropical diseases, challenging diseases, you know, Leischmania, and you know, Chagas, and the ones you've mentioned. You've also stood up quite a bit for the low middle income countries with books that you've written previously about forgotten people, Blue Marble Health. And so, I, I, before I, I don't want to dismiss that 'cause it's really important and it ties in with what the work you've done with the, the Covax or Covid vaccine. Now, what I really want to get into is the book that you wrote that kind of ushered in your very deep personal in anti-science and anti-vax, which I'm going in a minute ask you to differentiate. But your daughter, Rachel, you wrote a book about her and about vaccines not causing autism. So can you tell us about that?Peter Hotez (09:11):Yeah. So as you point out, my first two books were about these, what I would call forgotten diseases of Forgotten people. In fact, that's what the first book was called, forgotten People, forgotten Diseases, which my kids used to call Dad's Forgotten book on Forgotten people, Forgotten Diseases, all the, all the, now it's in his third edition. So, but it talks about, you know, the, how important these conditions are. It's just that they're widely prevalent. It's just that they're occurring among people who live in extreme poverty, including people in poverty in the United States. That's why we set up our School of Tropical Medicine on the US Gulf Coast. I didn't do it for the summer weather which is these days in this heat dome. It's like, well, living on planet Mercury right now, in here, here in Texas.(09:58):But then, so that, that's what, that's how I started learning how to advocate, you know, for people and for diseases through neglected diseases. But, you know, when we came to Texas, we saw this very aggressive anti-vaccine movement, and they were making false claims that vaccines cause autism. And, and I said, look, I'm, you know, I'm a vaccine scientist here in Texas. I have a daughter with autism, Rachel, with an, an intellectual disabilities. And so if I don't say something who does, and, and then wrote the book, vaccines did not cause Rachel's Autism, which unfortunately made me public enemy number one or two with anti-vaccine groups. but you know, it, it, it does a deep dive explaining the science, showing there's absolutely no link between vaccines and autism, but also an absence of plausibility because what we know about autism, how it begins in early fetal brain development through the action of autism genes.(10:54):And we actually did whole exome genomic sequencing on, on Rachel and my wife Ann and I, and we found Rachel's autism gene, which is like many of them in, involved in early neuronal communication and connections. It was actually a neuronal cytoskeleton gene, as are many, in this case, a neuronal spectrum. And that one hadn't been reported before, but other neuronal cytoskeleton genes had been reported by the Broad Institute at Harvard, m i t and others. And, and that was important to have that alternative narrative because the refrain from always was, okay, doc, if vaccines don't do it, what does cause autism? And, and being able to have that other side of the story, I think is very compelling.Eric Topol (11:37):What was it, the, the fabricated paper by Andrew Wakefield and the Lancet that, that got all this started? Or did it really annotate the ? There wasPeter Hotez (11:47):Something before in the eighties about the DPT, the diptheria, pertussis tetanus vaccine claiming it caused, you know, seizures and then could lead to neurodevelopmental difficulties. But it really took off with the Wakefield paper in 1998, published in The Lancet. And that claimed that the MMR vaccine, a live virus vaccine, had the ability to replicate in the colon of kids. And somehow that led to pervasive developmental disorder. That was the term used back then. And I was Rachel's diagnosis. And it never made sense to me how something, 'cause the reason it's pervasive is it's, it's global in, in the central nervous system in, in the brain. And how, how could something postnatally do something like that? I mean, there is, there are epigenetic underpinnings of autism as well, and that's fun. Eric, you ever talk to, ever try to talk to lay audience about epigenetics? That's a tough one. That's, that's a tough one. You start talking about microRNAs and DNA methylation, histone modification. The, the lights go out pretty quickly, butEric Topol (12:46):Chromatin and histone modification. Right? Bye-bye. Yeah, you got that one.Peter Hotez (12:51):That, so that's,Eric Topol (12:52):But that, that was your really, you knowPeter Hotez (12:55):But that's when, you know, I started going up against Robert F. Kennedy Jr. And, and, and all that was, that was pre-pandemic.Eric Topol (13:03):That was in 2018, right?Peter Hotez (13:05):2017 Trump came out and said, you know, it was about to be inaugurated and, and RFK Jr said he was going be appointed to run a vaccine commission by the Trump administration. And, and I actually was sitting, you know, in my office and my assistant said Dr. Francis Collins and Dr. Anthony Fauci are on the phone. Do you have time to talk with us ? And I said, yeah, I think so. And they arranged, they had arranged for me to, because I have a daughter with autism could articulate why vaccines don't cause out arranged for me to speak with RFK Jr threw it through a mediator and, and, and it didn't go well. He was just really dug in and, and soEric Topol (13:49):He, he was just as bad then as now.Peter Hotez (13:52):Yeah. I mean, it was just, you know, kept on, you know, as I say, moving the goalposts, you couldn't pin him down. Was he talking about MMR? Was he talking about the am Marisol, was he talking about spacing vaccines too close together? He just, that always kept on moving around and, and then it was not even autism at times. You were talking about it was something called chronic illness, you know, you know, what do you do with that? Mm-hmm. . So I, and that's one when I was challenged by, you know, Joe Rogan and Elon to debate RFK Jr, one of the reasons I didn't want to do it, because I, I knew, you know, doing it in public would be no different from doing this in, in, in private, that it would not be a productive conversation.Eric Topol (14:39):Yeah, no, that I can, I do want to get into that, because that was the latest chapter of kind of vicious anti-science, which was taking on covid and vaccines and the whole ball of wax whereby you were challenged by Joe Rogan on his very big podcast, which apparently is, you know, bigger than CNN  various cable news networks,Peter Hotez (15:07):Which I had done, I had been on his show a couple of times. Yeah. And that was, and that was okay. I mean, I actually liked the experience quite a bit. AndEric Topol (15:15):And he challenged you to go on with RFK Jr. And then Elon Musk, you know, joined and, you know, basically Peter Hotez (15:21):Actually, he started before then, about the week before, or a few days before, Steve Bannon publicly declared me a criminal. And you know, which I said, wow, that's, that's something. And then Roger Stone weighed in. So it was this whole sort of frontal attack from, well, people with extremist viewpoints. And there'sEric Topol (15:41):Been a long history, and a Tucker Carlson in the book, you quote, he referring to Hotezis a misinformation machine constantly spewing insanity. Speaking of projecting things, my goodness. Yeah.Peter Hotez (15:54):Yeah. Well, he did that. You know, he, that was the, that was in 2022. It was, he went on his broadcast the evening after the evening of the, in the, during that day I, with Maria, I was, we were nominated for the Nobel Peace Prize. And I guess, and I don't know if the two are related or not, I think it may have driven him off the edge, and then he just went on this rant against me. And, you know, claimed I have no experience anything about Covid. I mean, we had made two covid vaccines, right. And transferred the technology nominated for the Nobel Peace Prize and just, you know, omitted all of that. But this is how these guys work. It's, it's all about asserting control. And, and it seems to come from an extremist element of the, of the far right.(16:39): and, and, and it's not that I'm a very political person at all. I mean, you know, I've been here in Texas now for 12 years, and I've gotten, you know, I've gotten to know people like Jim Bakker and his wife Susan Baker and, and you know, a lot of prominent Republicans here in Texas, that that wasn't an issue. This is something sort of weird and, and twisted. And, and the point that I make in the book is, and it's not just a theoretical concern or a construct, it's the fact that so many Americans lost their lives during the delta and BA.1 omicron waves in 2021 and 2022, after vaccines were widely and freely available because they refused a vaccine. so vaccines were rolled out in 2021. we started strong and then vaccination rates stalled. And then we didn't get very far by this after the spring because there was this launch of an, of, of a wave of what I call anti-vaccine or anti-science aggression, convinced that deliberately sought to convince Americans not to take a covid vaccine.Eric Topol (17:56):Chapter, yeah. Your chapter in the book Red Covid. Yeah, gets into it quantifies it, hundreds of thousands of lives lost. And I know you've seen some of the papers whereby studies in red states or states like Ohio and Florida showing the, the, the connection between this.Peter Hotez (18:15):Yeah, I, I relied heavily on this guy Charles Gaba, who has a, a website called ACA signups. And he did some really in, you know, strong analysis showing that the, that the people who were refusing covid vaccines and losing their lives were overwhelmingly in red states and could even show the redder the county as measured by voters, the lower the immunization rate and higher the death rates. And the term Red Covid came from David Leonhart of the New York Times wrote an article about Charles Gaba's work, and he called it Red Covid and did a lot of updates. And the data is so strong. I mean, so much so that one person at the Kaiser Family Foundation wrote, if you wanted to ask me whether or not a person was vaccinated, and I can only know one thing about them, you know, she said, the one thing I'd want to know is what political party they're affiliated with.(19:09):It was, it's, it's that strong. And it's, and it's not that I care about your politics, even your extreme views, but somehow we have to uncouple this one from it, right. Because somehow not getting vaccinated been added to the canon of stuff that you're supposed to believe in. If you are, if you're down that rabbit hole watching Fox News every night, or, or listening to Rogan Podcasts and that sort of stuff. And somehow we have to uncouple those two, and it's the hardest thing I've ever had to do. First of all, it's unpleasant to talk about, because all of, you know, your training, Eric mine as well is, you know, said you don't talk about politics and you're, you know, we're supposed to be above all that. But what do you do when the death and dying is so strong on, on one side?(19:58):And, and I, I was in east Texas not too long ago, giving grand rounds at a new medical school in East Texas and Tyler, Texas, and very conservative part of the state. And, you know, basically everyone you talked to has lost a loved one mm-hmm. because they refused a Covid vaccine and died. I mean, that's, that's where you really start to see that. And then, and these people are wonderful people. I gave you know Bob Harrington at oh yes, at at Stanford Medicine, now he's going be the Dean of Cornell. He, he invited me with Michelle Berry to, to give grand rounds, medical grand rounds at Stanford. And I said, look, if, if my car had broken down and the flat had a flat tire, and you, and I can't fix, I'm, I'm a disaster at fixing anything.(20:49):So if you said, okay, where you had the choice, where, where do you want your car broken down in Palo Alto, California, or Stanford is, or very wealthy enclave or East Texas, I'd say I'd pick East Texas in a second. 'cause in East Texas, they'd be fighting over who you know, is going to rush to help you change your tire. Right? And these are, you know, just incredible people. And they were victims. They were victims of this far right. Attacks from, from Fox News. And one of the things I do in the book is, you know, the documentation is really strong media matters. The Watchdog group has looked at the evening broadcast of Tucker Carlson, Laura Ingram, and, and Hannity, and, you know, can I, you know, actually identify the anti-vaccine content with each broadcast during the summer and fall. And then our a social science research group out of ETH Zurich, the Federal University of Technology of Zurich, where Einstein studied, actually, you know, one of the great universities did another analysis and showed that watching Fox News is one of the great predictors of refusing a vaccine.(21:52):And, and so that, those were the amplifiers, but those generating a lot of the messages were elected leaders coming out of the House Freedom Caucus, or Senator, you know, Johnson's conservative senate that, I don't even like to use the word conservative, because it's not really that they're conservative, they're extremists. And yeah, a Senator Johnson of Wisconsin, or Rand Paul, you know, of, of Kentucky, you know, all the physician know what Yeah. And know physician and the CPAC conference of conservatives in Dallas, in 2021, they said, first you're gonna, they're going to vaccinate you, and then they're going to take away your guns and your Bibles. And as ridiculous as that sounds to us, people in my state of Texas and elsewhere in the South accepted it and didn't take a covid vaccine and pay for it with their lives. And, and how do we, you know, begin walking that back?(22:45):And, and the point of writing the book said, well, the first step is to at least describe it so people can know what we're talking about. Because I think right now, when you look at the way people talk about anti-vaccine or anti-science stuff, they, they call it misinformation or the infodemic, like it's just some random junk that appears out of nowhere on the internet. And it's not any of those things. It's, it's organized, it's well financed. It's politically motivated, and it's killing Americans on, on a massive scale. So I said, look, you know, I, I went, I'm did my MD and PhD in New York at Rockefeller and Cornell. I devoted my life to becoming a vaccine scientist. You know, the motto of Rockefeller universities to be the Rockefeller Institute of Medical Research translates to science for the benefit of humanity. And, and I believe making vaccines is one of the high expressions. And I think most physician scientists believe, I think you believe that too. And that's why you're, you're in this as well, you know, not vaccines, but you know, other lifesaving interventions. And, and so I said, well, now making vaccines is not enough. 'cause now we have to counter all of this anti-vaccine stuff, and there's, there's nobody better, you know, in terms of my training and my background going up against anti-vaccine movements because of Rachel to do this. So I, I've done it and yeah.Eric Topol (24:11):Well, you've done it. All right. you,Peter Hotez (24:14):That's my wife. Ann says you've done it. Alright, .Eric Topol (24:17):Well, as I wrote in your, with your book of blurb about you are a new species, the physician scientist warrior, and you are Peter, because you're the only one of all the physicians. We're talking about a million docs almost in this country who has stood up and you've put your life at risk, your family at risk, you've had death threats, you've had the people you know, come right to your house. and so what you've described this kind of coalescence of political will of extremists, media, of course, amplification because it benefits them. They, they're selling more you know, they get more viewers, more the spots for commercials and more they can charge. And then you're even, as you described in the book, so well, is you even have outside interested parties like Russia as part of this organization, of this coalescence of forces that are taking on the truth, that are promoting anti-science, that are winding up, people are dying, or, yeah. Or having a, you know, serious morbidity,Peter Hotez (25:26):Right? Yeah. In the case of, in the case of Russia, , it's a slightly different motivation. What they're doing is they're filling the internet and social media with both anti-vaccine messages and pro-vaccine messages. Because they have a different agenda. Their agenda is destabilized democracies. So what they're doing is they're cherry picking certain issues that they can use as a wedge to sow discord. And so when they saw the stuff about vaccines, yeah, they'll flood it with both pro and anti-vaccine message. And you see the stuff on Twitter, so much of it is computer generated, and it's just repeats the same stuff over and over again. And, and a lot of that are, you know, some of that not only, only Russia, I think China's doing it, North Korea, Iran's doing it, but particularly Russia. And that was documented by a colleague of mine, David Broniatowski who's a computer scientist at George Washington University, has really done a deep dive in that. So so'sEric Topol (26:22):I think a lot of people are not aware that's what your book, book brings to light of how organized, how financed, you know, how this thing is a machine from coming from many different domains, you know, and for different interests as you, as you just summarized, it's, it's actually scary. And besides you standing up and facing, you know, the really ultimate bravery with the, all of the, these factions attacking you, literally ad hominem, you know, personally attacking you, then you have you know, this continues to get legs throughout the pandemic, and there's no counter as you've, as you've touched on what is going to be done. You can't stand up alone on this.Peter Hotez (27:09):Well, there's, there's a couple of things. First of all, it's not only attacking the science, it's attacking the scientists. Right, right,Eric Topol (27:15):Right.Peter Hotez (27:16):Exactly. It's, it's portraying and you get get it too, as well. I mean, it's basically portraying scientists as enemies of the state. which I think is so dangerous. I mean, as I like to say, you know, this is a nation that's built on science and technology, right? The, you know, the strengths of our research universities and institutions like Scripps, like Baylor, like Rockefeller, like MIT and Stanford, and University of Michigan and University of Chicago. This is what, you know, helped us defeat fascism in World War II as evidenced by the Oppenheimer movie, right. Or, and or allowed us to achieve so many things, why people so admire our nation. When I served as US Science Envoy and the Obama administration, the State Department, and the White House. I mean, that's where people loved our country, is they all wanna study at our research universities, or they want their kids to study at our research universities.(28:10):And, and by attacking not only science, but the scientists, I think it's weakening our stature globally. And, and, and, and I think that's, that, that's another aspect. I think the other problem is we, we don't get the backing that I think we should from the scientific societies in the Times, even the National Academies. I think they, they could be out there more. exactly why, you know, I think part of it is they see, they see how I get beat up and they say, well, what's that? Right? Yeah. And I, and I understand that, but I think also, you know, they, they depend on, oftentimes on government funding. And I think they're worried that, you know, if they're, again, it's this idea that you have to be politically neutral, even if it favors the torment or the aggressor to paraphrase Desmond Tutu, that's part of it as well.(29:09):I mean, it, I mean, I do find it meaningful. It's scary at times, and I, but I do find it meaningful to ha to have this role. But getting, getting more help and backing, I mean, we're our, our university, I mean, Baylor College of Medicine, Texas Children's Hospital has been pretty good. You know, Stan, you know, having my back, it's not that way at every, and I know Scripps has been really strong with what Kristian Anderson's had to deal with around you know, all the phony bologna around covid origins. But, but not all academic health centers are that way. And, and I think we need our university presidents to be more vocal on this issue. And, and too often they're not as well as our academies and our, our scientific societies, because this is, I believe, going to do irreparable harm to, to science. Well, yeah.Eric Topol (30:04):You know, in my experience too, we, we've actually seen, you know, academic physicians who have basically, you know, supported conspiracy theories who have detracted from evidence and science, you knowin a major way. Some of the leading universities here as you, as you mentioned. And when I've contacted and others, their leadership, they say, well, freedom of speech, freedom of speech. 'cause they're afraid to confront them because, you know, all the different things. We've, we, you've mentioned social media, but no, the universities don't want to get attacked on social media. They're afraid of that. They're afraid of, of calling out, you know, one of the people, faculty members who are deliberately, you know garnering a lot of, yeah. And,Peter Hotez (30:56):And the point is, is it's not just, you know, freedom of speech in the sense of espousing you know, crazy views. It's the fact that they're going on the attack against mm-hmm. . I mean, I don't attack these guys, but they attacked me with, with impunity and Yes. Say terrible thing, untrue things about me. I mean, where's there's, isn't there something called professionalism or, or ethics, yeah. Right. That don't, don't, don't, don't we, aren't we supposed to be in instilling that in our, in our faculty and, and that that doesn't seem to happen.Eric Topol (31:28):So that'sPeter Hotez (31:28):Troubling asEric Topol (31:29):Well. They're, they're making credible scientists who are doing the best they can into pinatas Right. And attacking them. And with, and it can't, it can't be reciprocated because that's, that's beneath professionalism. I mean, just as you say. So, you know, you just keep, they just keep going at it. So what you have is now we've added all these different entities and all add more. One more is ai, which is going to further blur the truth.Peter Hotez (31:59):Yeah, Renee DiResta at the Stanford Internet Observatory, I don't if you know Renee, she does fabulous work. And she's written about, you know, what happens when, you know, all of the anti-science, anti-vaccine stuff is now imbued with ai, and, you know, it's going become even more sophisticated and more difficultEric Topol (32:17):To No, there's, there's gonna be a video of you saying that, you know, these vaccines are killing people but don't get a booster and it'll be just like you with your voice. Yeah.Peter Hotez (32:28):Well, they already, they already have. Now these, there's these few things on YouTube that, that claim, I'm secretly Jack Black, the actor . And that the CIA has arranged it so that Jack Black plays this fictional character named Dr. Peter Hotez. And they do all these things like, you know, focus in on my eyes and do like eye identification. It's just, it's just nuts. I mean, what, what's out there?Eric Topol (32:54):Well, has there been a time in these months where you were very scared you, you're for yourself or your family because of all the incredible density and, and what appears to be very serious threats and duringPeter Hotez (33:08):, during, during the day, during the day, I'm okay. I mean, in, you know, when the, when the, when the Steve Bannon in stuff and Joe Rogan stuff, then I had the stalking at the house, and, you know, I had to have a Houston Police Department officer parked in front of my house or a Harris County Sheriff that, that was troublesome. But it, it's more of during the day, I am fine. I'm working, I'm talking, you know, to people like you and in lab meetings, doing what scientists do, writing grants and throwing pencils at the wall when you get a paper with a major review or, or a major revision or rejection. But, but it's, I think at night, you know, wake up in the middle of the night and the, it's, the stuff does start to mess with your head at times. And it'sEric Topol (33:54):Well, and you travel a lot and you, you've, I think expressed that, hey, you could be given a talk in an innocent place and somebody could come, you know, attack youPeter Hotez (34:04):There. Yeah. So I have to, I have, I have security now at, in major venues when I speak. and, you know, I had an, there was an incident at the World Vaccine Congress in Washington. There were protesters out in front of the, out in front of the convention center waiting for me that that wasn't fun. And so, even, you know, we've got, we'll see what happens with the, when the, you know, I'm doing a number of events around the book in Washington DC and New York and elsewhere. We'll, we'll see how that goes. soEric Topol (34:38):Well take it. You, you're, I know you well enough to know that you're an optimistic person. I mean, you've been smiling and we've been laughing during this and discussing some very heavy, serious stuff. What gives you still optimism that this can someday get on track?Peter Hotez (34:57):Well, I think it could get worse before it gets better, first of all. And, and two fronts. One, you know, I had the opportunity to meet with Dr. Tedros, the World Health Organization Director, general of World Health Organization towards the end of last year. And to say this could be the warmup act in the sense that now it's globalizing. I'm anticipating spillover all childhood immunization rates. And, you know, you're starting to see the same US style of anti-vaccine rhetoric now, you know, even in low and middle income countries on the African continent in South Asia. So I worry about, you know, measles and polio, both in the US and, and globally. I think that's, that's, I'm worried about that. The other is, you know, a lot of this is heating up, I think because of the 2024 presidential election. I think one was that with, with our, our mutual friend and colleague Anthony Fauci, now that he's out of government he's not as visible as he was.(35:58):I think they're, the, the extremists are looking around for another, they need a monster right. To, to galvanize the base. And I think I've become that monster. You know, that's, that's one thing I'm worried about. But also you with, I talk to probably someone you've seen on Twitter. and I've gotten to know her somewhat, I'm very impressed with her. Molly Chong Fast, who's a commentator on c n at M S N B C, and she, you know, put out there, and she told me privately and put it out in public that, you know, one of the reasons why things are so vicious around RFK Jr, as they see him as a third party candidate that could take Biden votes away and help create a path for Trump being elected. So by, you know, by having me debate him, it, it kind of elevated in, in its own way, elevated his stature and made him seem like a more serious person. Right, right. And my refusal, you know, popped their bubble. And that, that's one of the reasons why, why they're so angry. So this is very much tied, I think, to the 2024 presidential look. And that's what you're having seen with the House subcommittee hearings too, portraying scientists as enemies of the state. It's all for, I mean, I don't know if you've seen this, the, that House Subcommittee Twitter site, it actually says something like, we're selling popcorn, you know, we'reEric Topol (37:18):Yeah, I know. I mean,Peter Hotez (37:20):They're, they're not, they're not even pretending it's anything, theEric Topol (37:23):PoliticalPeter Hotez (37:23):Theater for Fox News soundbites. So I think we're gonna see they're the word.Eric Topol (37:27):Alright. Yeah.Peter Hotez (37:28):Yeah. And, and, but, you know, but the attacks on biomedical science, I think are gonna be, you know, have a long-term effect. If for no other reason, I think people are gonna think twice about wanting to do a PhD in biomedical scientist or become an MD PhD scientist when they see that, you know, we'reEric Topol (37:47):. Well, that's what you, you also covered that really well in the Yeah. In the book. But when you think about where we are now with climate crisis, or we're facing future pandemics, not just the one we're still working through here where is the hope that we can counter this? I mean, we need armies of people like you. We need, as you say, the scientific establishment and community all stand up. That, that gets me to one of the things that makes you differentiates you from most physicians and scientists. You write books, you are active on social media. You, you appear on the media. Most scientists grew up to have their head do the work, do good science, get their stuff published, and get grants and, you know, try to advance the field and physicians doing that, are taking care of patients, same kind of thing. What prompted you in your career to say, Hey, you know, that's not enough. I got another dimension. And why, how can we get millions of clinicians and scientists to rally to do what you'rePeter Hotez (39:01):Doing? Well, in my, in my case, I, it's not that I was deliberately seeking to be a public figure or what some call a public intellectual. It was more the case, the issues that I was most interested in, nobody was talking about. Mm. And nobody was going to talk about it. So if I didn't talk about it, it wasn't gonna be talked about. So neglected tropical diseases, you know? Yeah. For guard people was, and, and I had two colleagues in the uk, Alan Fannick and David Mullen, who felt the same way. And so we began be, we became the three Musketeers of the neglected tropical disease space. And I found that extremely meaningful and interesting. And it was the same with vaccines. So although I, I'm often in the, you know, doing a lot of public engagement, if you notice, I don't try to be like some people who do it very well, like as Sanjay Gupta or, or some others that will, or Megan Rainey that will talk about, you know, just about any health issue.(39:56):I, I don't try to do that. I sort of stay, it's a wide lane, but I try to stay in my lane around infectious, neglected diseases and, and, and vaccines. And I think that's very important. Now, in terms of, you know, the statement, most scientists or physician scientists wanna keep their head done, write their grants and paper. I think that's perfectly fine. I don't think you people should be forced to do it, but I think there's enough of us out there that wanna do it, but don't know how to get started and don't feel safe doing it. I, and so I think we need to change that culture. Mm-hmm. I think we need to offer science communication to our graduate students in their PhD programs or in MD PhD programs for those who wanna do it, or in residency training or fellowship training. And so that, because there, there are things you can learn.(40:46):I mean, we had to do it by trial and error, and in my case, more error than trial. But, but, but there is a, there is, there are things you can learn from people who do this professionally. So I think that's important. I think the other is we need to change the culture of the institutions. You know, I, I get evaluated just like you do like everybody, like any, you know, senior scientist or professor at university, and, you know, what do they ask me about? They ask me about my grants and, and my papers preferably in high impact journals, and they ask me, and I don't see patients anymore, so they don't ask me about my clinical revenue, but they ask me about my grants and papers and my grants and papers, and my grants and papers. There's not even any place on my form, my annual evaluation from, to put in the single author books. I've written much less, you know? Yeah. The, the opinion pieces I've written, or certainly not social media or even, or even the cable news channel. So, so it basically, the academic health center is sending the message. And I don't think that's unique. I think that's probably the rule in most places. I think the, the culture of academic health centers is they're basically, they're sending a message just saying, well, we don't consider that stuff important, and somehow we have to make it important. I think for those who wanna do itEric Topol (42:08):AbsolutelyPeter Hotez (42:09):To send that message,Eric Topol (42:10):You're, you're, you're pointing out a critical step that has to be undertaken in the future. it'll take time to get that to gel, hopefully, but if it's promoted actively, I certainly promote that. I know you do. Yeah. I think,Peter Hotez (42:23):I think most, most offices of communications at academic health centers, as I said, Baylor and Texas Children's is pretty good, better than most, but most, you know, don't even like their docs and scientists speaking out. Yeah. Right. They wanna control the message. It's all about, you know, they're very risk averse. They're protecting the reputation of the institution. They only see the risk side. They don't, you know, you know, you wanna speak about social justice or, or combating anti-science. Well, you know, we guess we can't stop you, but they sort of cringe at, at the idea. And then, you know, they say, well, you know, ultimately you're a professor or a scientist here, you have academic freedom.com, but don't screw this up. Right. And don institution at risk. Right.Eric Topol (43:07):Ab you're describing exactly how university communications worked.Peter Hotez (43:12):Yeah. ButEric Topol (43:13):ThePeter Hotez (43:13):Point is, and so you do it with the sort of Damocles over your head, and, and you know, as you know, and as anyone knows, if you do enough, you will screw it up eventually, right? Everybody does. And, and you know, you're gonna make mistakes. That's how you learn. You make mistakes and you, you auto correct. But, but you have to have that freedom to be able to make mistakes and Yeah. And right now that's not there either.Eric Topol (43:35):What, what you're driving at though altogether is that we're defenseless. That is, if you have an organized finance coordinated attack on science, and also of course on vaccines, and you have no defense, you have, I mean, it's hard for the government to stand up because they're part of what's the conspiracy theory is, is, is against, and you, and, and the scientific community, the clinician community is, you know, kind of handcuffed as you are getting at. And also, you know, that's not the culture that's unwilling, but something's gotta give. And this is one thing I think you're really reinforcing that, that should a pathway to countering. I mean, we can't clone you. You know, we can't, we need lots of warriors. We need, you know, thousands and hundreds of thousands of points of light who support data and evidence, you know, as best that they can. And we don't have that today.Peter Hotez (44:36):Yeah. And we, we need to cultivate that. So I'm in discussions not only with people like yourself, but other colleagues about should we try to create, whether it's a nonprofit of 5 0 1 C three or C four the climate scientists are ahead of the game on this. Yeah. Yeah. I, I talk to Michael Mann every now and then, and, you know, they've got a climate science defense fund. They, they seem to be, 'cause it, they've, they've experienced this for longer than we have. You know, the, this all started a decade before with tax against climate scientists, you know, should, in the book I talk about, should we create something like a Southern Poverty Law Center equivalent to, to protect science and scientists? And, and I think we need that because the existing institutions don't seem willing to, to create something like that. It's somehow seen as too edgy or too out there and Right.(45:30):And it shouldn't be. But, but again, this is a I think a, a great opportunity for college presidents to, to step up and, and they're not doing that. They're, they're also pretty risk averse. So I think, you know, getting, getting the heads of the academic health centers, getting the college president, university presidents to say, Hey, this is important because otherwise science is at risk. And, and you're already starting to see some crazy stuff come out of the N I h now about doing international research. They're trying to put in rules to say they want, you know, if you have international collaborators, you're supposed to collect their notebooks and translate the how are you gonna do that? That's, that's completely, IM it's important. I mean, it's, and who's gonna review it and who's gonna sign off in general legal counsel at the university on, that's basically gonna halt international research. And we have to recognize that we need this because the threats are coming. Right? I mean,Eric Topol (46:33):CliPeter Hotez (46:34):Climate change is real, and pandemic threats are real. We're gonna see another major coronavirus pandemic possibly before 2030 or a flu or an arbovirus. And, and we're, we're, we need, this is a time we need to be reinforcing our, our virology research and our infectious disease research, not a time to, you know, start dismantling it, which is what totally the house hearings are, are meant to do, and what some of these new n i h rulings are meant to do. So it's gonna take a lot of strong players and, and, and government and at universities to stand up to this.Eric Topol (47:14):Well, if we ever need to be vaccinated or immunized, it's against this. And I hope that something will give to start to provide an antidote to what is a relentless progression of united science that you so elegantly eloquently in, in your book, Peter. So thanks for writing that. thanks for joining today. I know we'll have, as we do every week conversations yeah. You,Peter Hotez (47:41):You've been a, you've been an amazing friend and colleague, Eric, and I've learned so much from you. And, andEric Topol (47:46):No, no. I, I feel I can't tell you thank you. I, I, I think it's completely reciprocal from what you bring to this table of trying to make this a better place for advancing science search for, for the truth of what's really going on out there, rather than having to deal with wacky, you know, extremists that are advancing things for various purposes that are, that are nefarious in many cases. So, appreciate it. we'll be talking some more and this has been a really for me, an enriching conversation.Peter Hotez (48:21):Same, same Eric. And thank you so much for giving this attention and the dialect to be continued.Thanks for listening, reading and subscribing to Ground Truths!Please share if you found this podcast worthwhileFull video link Get full access to Ground Truths at erictopol.substack.com/subscribe

covid-19 united states american new york university california texas donald trump chicago china school house washington technology americans speaking new york times phd russia michigan joe biden ohio washington dc elon musk dna mit medicine south dad barack obama theater wisconsin white house african hospitals harvard world war ii kentucky iran cnn md republicans disease climate stanford cia indonesia joe rogan ab forgotten autism fox news senators albert einstein yale attacks north korea pfizer mercury dollars freedom of speech oppenheimer world health organization anthony fauci moderna baylor bangladesh cornell tucker carlson state department bibles mm george washington university zurich robert f kennedy jr jack black sars nobel peace prize south asia steve bannon palo alto rockefeller cpac aca lancet michael mann rand paul wakefield dpt roger stone sean hannity straight talk nit east texas md phd medical research watchdog baylor college desmond tutu mers mmr tropical medicine southern poverty law center novavax covax musketeers sanjay gupta operation warp speed national academies chagas texas children scripps francis collins damocles eth zurich shill national school peter hotez jim bakker kaiser family foundation federal university broad institute house freedom caucus eric topol andrew wakefield barda stanford medicine houston police department stanford internet observatory micrornas renee diresta chromatin laura ingram harris county sheriff rockefeller institute us gulf coast corbevax new york blood center bob harrington charles gaba
Global Oil Markets
Russia's impact on Americas naphtha and refined products

Global Oil Markets

Play Episode Listen Later Sep 1, 2023 16:23


Americas refined products markets are adjusting to altered trade flows more than a year after Russia's invasion of Ukraine. Refined products that were once supplied to Brazil from the US Gulf Coast have now been replaced by Russian barrels, while other markets in Latin America are still being wary of touching Russian product out of fear of repercussions from the US. Oversupply has caused naphtha in particular to deal with volatility and low export demand.  S&P Global Commodity Insights' Maria Jimenez Moya, Latin America refined products price reporter, sits down with Sarah Hernandez, managing editor for Americas light ends pricing, to discuss the changes arising in North and Latin American markets of naphtha and refined products as a result of Russian inflows. Related prices: NEW: AULDA00 - ULSD DAP South Brazil (All-Origin) $/bbl AGSUA00 - Gasoline CFR Suape Cargo Differential USC/Gal

Global Oil Markets
European oil markets after the Russian embargo (part 2)

Global Oil Markets

Play Episode Listen Later Aug 17, 2023 21:16


For many years, Russia was Europe's main supplier of key refined oil products until Western sanctions were imposed in February 2023. Six months into the embargo on Russian refined products, markets across the continent continue to adjust. Prices appear to be rising and shipping times have lengthened as European buyers find products further afield in India, the Middle East and the US Gulf Coast.  In the second of a special two-part Platts Oil Markets podcast retrospective, OPEC+ Oil News reporter Rosemary Griffin and Refined Oil Products Managers Gary Clark and Kieran Hess join Francesco Di Salvo to discuss how European oil markets have adapted to a "new normal" following one of the most consequential events in the geopolitics of oil in decades. Click here to listen to part 1 of this special retrospective. Related price assessments: AAVBG00 – ULSD 10ppm CIF NWE Cargo PAAAL00 – Naphtha CIF NWE Cargo PMAAS00 – Propane FOB ARA   S&P Commodity Insights APPEC is returning to Singapore this September 4-6. Save the date! Stay on top of our coverage of APPEC 2023 on our website.   We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz

ARC ENERGY IDEAS
Canadian Natural Gas Has Gone Global: An Interview with Mike Rose from Tourmaline

ARC ENERGY IDEAS

Play Episode Listen Later Apr 25, 2023 34:09


This week Michael (Mike) Rose, Chairman, President, and Chief Executive Officer of Tourmaline joins us as our guest. Tourmaline made some exciting announcements last week. First, they announced a partnership on a compressed natural gas (CNG) fueling station network across Western Canada to enable heavy-haul trucks to get off diesel.  The company also announced that they plan to double the amount of gas they ship as LNG by 2026. Here are some of the questions that Jackie and Peter asked Mike: How have Western Canadian gas producers survived low gas prices? Why is Tourmaline investing in natural gas stations for heavy-haul trucking now, considering it still has GHG emissions? Has Tourmaline reduced its environmental footprint, including greenhouse gas emissions? How challenging is it to achieve the federal government's goal of reducing oil and gas emissions in the range of 40 to 45 percent by 2030? Are you exporting LNG to international markets today? Can Canada compete with the U.S. to supply gas to LNG export terminals on the U.S. Gulf Coast? How much WCSB gas could ultimately be shipped off Canada's West Coast?  Other information referenced in this podcast:  Alberta Government's aspirational plan to reach net zero by 2050 “Alberta emissions reduction and energy development plan.” Global News (April 18, 2023) “Tourmaline, Clean Energy Fuels to partner on natural gas fueling station network.” Bloomberg (April 18, 2023) “Tourmaline Aims to Double Portion of Gas Shipped as LNG by 2026.” Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/    

Between the Bells
Closing Bell 12 December

Between the Bells

Play Episode Listen Later Dec 12, 2022 3:11


The ASX started the week in negative territory, closing Monday's session down 0.45% as investors sharply sold off gold and metals and mining stocks. Investor sentiment has been extremely volatile over the last few weeks amid China's easing of some COVID restrictions, surprisingly upbeat economic data out of the US and local economic data released that has moved markets especially on the GDP front.Troubled fintech company Tyro Payments (ASX:TYR) tanked more than 18% today after confirming its separate takeover talks with Potentia Capital and Westpac Banking Corporation have both concluded, as the discussions have not resulted in offers the board feels fairly value Tyro. Origin Energy (ASX:ORG) shares were also sharply sold-off today as investors responded to Prime Minister Anthony Albanese's plan to place a price cap on domestic coal and gas sales.Gold miners had a tough start to the week as the price of the precious commodity is trading more than half a percent lower around US$1,787 per ounce. Newcrest Mining (ASX:NCM) fell over 3%, Evolution Mining (ASX:EVN) lost 3.8% and Perseus Mining (ASX:PRU) ended the day down more than 4%.The winning stocks today were led by BrainChip Holdings (ASX:BRN) jumping 9.38% despite no price sensitive news out of the AI software and hardware technology company today. Megaport (ASX:MP1) and Woodside Energy (ASX:WDS) each also added over 4% and 3.5% respectively today. And on the losing end, Nanosonics (ASX:NAN) tanked 9.92%, Origin Energy (ASX:ORG) fell 7.82% and Silver Lake Resources (ASX:SLR) lost 7.52%.The most traded stocks by Bell Direct clients today were Warrego Energy (ASX:WGO), Northern Star Resources (ASX:NST), and the BetaShares Australian High Interest Cash ETF (ASX:AAA).On the commodities front, the price of oil has rebounded as the Keystone pipeline, a key pipeline in North America which links fields in Canada to refiners on the US Gulf Coast, remains shut, on top of easing COVID restrictions in China boosting demand outlook for oil. Crude oil is up almost 1% at US$71.75 per barrel, natural gas is up 10.31% at US$6.89 per MMBtu, coal is up 1.77% at US$402.50 per tonne, uranium is up 0.41% at US$48.70 per pound and iron ore is up 1.36% at US$111.50 per tonne.The Aussie dollar has weakened to buy 67.79 US cents, 92.80 Japanese Yen, 55.46 British Pence and NZ$1.06.After the Closing Bell Britain's trade balance data for October and GDP for October are both released.

Global Oil Markets
Surging crude export volumes confront record freight rates

Global Oil Markets

Play Episode Listen Later Nov 3, 2022 13:04


The US Gulf Coast crude market is exporting record volumes while also seeing sky-high freight rates. This dynamic has been playing out consistently for the past few months, but how are these exports continuing to move in such great volumes despite this major headwind? In this episode of the Platts Oil Markets Podcast, S&P Global Commodity Insights crude and shipping experts Laura Huchzermeyer, Kristian Tialios and Catherine Kellogg discuss the factors that are contributing to these high freight rates and how they are impacting US Gulf Coast exports. Subscribe to Platts Dimensions Pro for access to assessments and premium content covering Platts AGS (AGSAA00), 130kt Suezmax Brazil-UK Continent (ABRKB00), 270kt USGC-China (TDUCB00) and much more.

record confront export surging volumes crude freight rates us gulf coast s p global commodity insights laura huchzermeyer
The Hydrogen Podcast
Will The US Gulf Coast Become The World's Largest H2 And Ammonia Exporter?

The Hydrogen Podcast

Play Episode Listen Later Oct 20, 2022 11:45 Transcription Available


Welcome to The Hydrogen Podcast!In episode 156, A massive hydrogen announcement between four powerhouses of oil and gas and Williams talks hydrogen blending in Wyoming. All of this on today's hydrogen podcast.Thank you for listening and I hope you enjoy the podcast. Please feel free to email me at info@thehydrogenpodcast.com with any questions. Also, if you wouldn't mind subscribing to my podcast using your preferred platform... I would greatly appreciate it. Respectfully,Paul RoddenVISIT THE HYDROGEN PODCAST WEBSITEhttps://thehydrogenpodcast.comCHECK OUT OUR BLOGhttps://thehydrogenpodcast.com/blog/WANT TO SPONSOR THE PODCAST? Send us an email to: info@thehydrogenpodcast.comNEW TO HYDROGEN AND NEED A QUICK INTRODUCTION?Start Here: The 6 Main Colors of Hydrogen

ICIS - chemical podcasts
Episode 850: Global ACN players cautious on demand outlook amid long supply

ICIS - chemical podcasts

Play Episode Listen Later Aug 19, 2022 10:07


Global acrylonitrile (ACN) editors discuss demand concerns amid long supply. In this podcast, ICIS deputy managing editor Jane Massingham (Europe) and senior editors Lucas Hall (US) and Chng Li Li (Asia) discuss the latest market developments: Cautious sentiment on demand outlook Maintenance and production cuts on-going Europe experiencing summer slowdown Concerns on economy headwinds, high energy costs US continues to manage operating rates amid economic headwinds Atlantic hurricane season threatens US Gulf Coast

Argus Media
The Crude Report: US Gulf coast sweet-sour price spread

Argus Media

Play Episode Listen Later Aug 18, 2022 8:19


In this episode, Amanda Smith, Argus Deputy editor Americas crude, and Scott Phillips, Argus Market reporter Americas crude, will discuss the US Gulf coast sweet-sour price spread and how that's tightened with the recent shift in US Strategic Petroleum Reserve sales to mostly sweet crude offerings from mostly sour as Libyan production returns to pre-blockade levels. 

CAVASShips
CAVASSHIPS Podcast [Aug 12, '22] Episode 61…Our Review of Gulf Shipyards

CAVASShips

Play Episode Listen Later Aug 12, 2022 33:57


Welcome to the CavasShips Podcast with Christopher P. Cavas and Chris Servello…a weekly podcast looking at naval and maritime events and issues of the day – in the US, across the seas and around the world. This week… we are just back from a visit to some of the key shipyards on the US Gulf Coast – and what we saw was truly eye-opening. No one we visited is standing pat, all are investing in significant upgrades. We'll talk about the trip in detail with our traveling partner, Sam LaGrone of USNI News. Please send us feedback by DM'ing @CavasShips or @CSSProvision or you can email chriscavas@gmail.com or cservello@defaeroreport.com.

Global Oil Markets
Reflecting Midland: Discussing SPGCI's evolving Dated Brent complex

Global Oil Markets

Play Episode Listen Later Jul 14, 2022 13:21


S&P Global Commodity Insights recently made the decision to reflect WTI Midland barrels in the daily Platts Dated Brent global crude benchmark. See the note here. Americas crude oil managing editor Laura Huchzermeyer speaks with Emma Kettley, global lead of the Brent complex, and Kristian Tialios, US Gulf Coast crude specialist, about what the market can expect from the inclusion of one of the top-produced US crude grades into the world's most influential crude pricing benchmarks. Subscribe to Platts Dimensions Pro for access to assessments and premium content covering Dated Brent (PCAAS00), WTI Midland (AAYBA00), and much more.

reflecting complex americas evolving midland dated us gulf coast s p global commodity insights laura huchzermeyer
ARC ENERGY IDEAS
Canadian Gas is Going Global: An Interview with Cheniere Energy and ARC Resources

ARC ENERGY IDEAS

Play Episode Listen Later Jul 12, 2022 35:38


Earlier this year Cheniere Energy and ARC Resources announced a new supply agreement to export Canadian gas from an LNG facility located on the US Gulf Coast. This week on the podcast, Anatol Feygin, Executive Vice President and Chief Commercial Officer at Cheniere and Ryan Berrett, Senior Vice President, Marketing at ARC Resources tell us more about their agreement. Here are some of the questions that Jackie and Peter ask them:  How well positioned is North America versus other potential LNG suppliers to Europe?  By 2030, how much will US LNG exports grow compared with today?  Considering the long transportation distance, does it make economic sense to export Canadian gas from the US Gulf Coast?   With the increasing pull from international markets, do you expect North American gas production will grow? Are ESG attributes important to buyers of LNG?See the press release about the Cheniere Energy and ARC Resources supply agreement: https://lngir.cheniere.com/news-events/press-releases/detail/247/cheniere-corpus-christi-stage-iii-and-arc-resources-signPlease review the ARC Energy Institute disclaimer. 

Global Oil Markets
The evolution of HSFO markets and USGC 0.5%S blending and trading

Global Oil Markets

Play Episode Listen Later May 12, 2022 16:16


In the background of the pandemic, IMO 2020 was reshaping the landscape of traditional marine fuels. Now, more than two years since the pandemic began, the US Gulf Coast 0.5%S market has established new standards for supplying this fuel. It came with unique blending challenges. The USGC HSFO market has also taken on a new life as a secondary option as a marine fuel. In this Oil Markets podcast, S&P Global Commodity Insights' Beth Brown and Patrick Burns discuss the recent decision to eliminate hand blends from trades reported in the Platts Market on Close assessment process in the US and how trading in these markets has evolved. This Oil Markets podcast was produced by Jennifer Pedrick in Houston.

Global Oil Markets
Americas shipping, bunkers hit rough waters on crude volatility

Global Oil Markets

Play Episode Listen Later Mar 24, 2022 21:57


As global oil markets continue to react in real time to the ongoing conflict in Europe, downstream sectors and interconnected industries are also beginning to see marked impacts on trade flows, fundamentals and most notably spot pricing. Long a key refining and import/export hub for the Western Hemisphere, the US Gulf Coast has seen swift reactions from logistics operations and energy majors as the region deals with a lack of Russian imports amid sanctions. Americas shipping manager Barbara Troner and dirty products manager Patrick Burns speak with clean tanker editor Eugenia Romero and US bunkers editor Phillipe Craig to break down how spot pricing for freight rates and marine fuels has reacted, and what those key segments can expect going forward.

Grand Theft Life
#133 - Are Current Events a Tailwind for CyberSecurity? Spotify buys Podsights & Launches “Car Thing” & Epoch Raises $3.6m to Drive Engagement in Internal Events.

Grand Theft Life

Play Episode Listen Later Mar 2, 2022


Listen in podcast appIn this week's episode of Reformed Millennials, Broc and Joel discuss how markets are reacting to world events, highlights from the Alberta Budget, the Spotify “car-thing” and whether they’ll be able to start tracking conversions for audio advertisers after their latest acquisition. Plus a Canadian startup who started pivoted from helping refugees settle into new regions to increasing employee engagement in internal events raises a $3.5m USD seed round.Listen on Apple, Spotify, or Google Podcasts.If you aren’t in the Reformed Millennials Facebook Group join us for daily updates, discussions, and deep dives into the investable trends Millennials should be paying attention to.👉 For specific investment questions or advice contact Joel @ Gold Investment Management.📈📊Market Update💵📉This Market feels more like 2012 than 2022… Especially when you look at the names that are attractive.Rising rates, geopolitical stress, inflation. All reasons for recent market volatility. But the reality is, this is normal. Over the past 4 decades, the average intra-year stock drawdown was 14%. And yet, in 80% of those years, the calendar return was positive.Year over Year Hard Assets vs. Financial Assets Uranium Miners $URNM +204% Gas Expl $FCG +180% Coal Miners $ARCH +166% Agriculture $MOS +100% Oil Exp $XOP +135% Copper, Steel $XME +74% vs. Nasdaq 100 NDX +22% Bonds $ZROZ -15% Bonds $TLT -11%The main indexes tested and even went below their January lows, only to stage a major bounce towards the end of the week, last week. Given the sentiment and economic backdrop, it’s probably just an oversold bounce within a continued bear market. And yet, it’s still anyone’s guess to how long it’ll last. The S&P 500 testing its declining 20-day moving average or even 450 is not out of a question here.Metals stocks have been notably the strongest sector, probably due to war-related sanctions. XME is at 10-year highs. Steel, aluminum, copper stocks are busting loose.Oil stocks are also holding well and are setting up for potential breakouts - GUSH, ERX, AR, DVN, TRGP, FANG, MUR, SU, etc.It’s good to see stocks outside of the commodity space starting to break out and set up nicely on shorter time horizons… see SEAS, LNPH, DOCS, etc.It’s still a headline-driven choppy market that is capable of gapping up or down 2% on any given day. This environment requires one to be nimble, open-minded, and willing to trade both sides of the market.💸Reformed Millennials - Post of The WeekCharlie Bilello Had a fantastic post this weekend filled with charts.I've pulled out the Russia-centric parts of his post attached at the bottom.The Russian Ruble has completely crashed. Since its peak in 2008, the Ruble has now lost 73% of its value against the US Dollar.The Russian equity ETF ($RSX) debuted in April 2007 and has been twice as volatile as the S&P 500 since then.Have investors been rewarded for this additional risk?Not exactly.The Russia ETF ($RSX) is down 38% since inception versus a 295% gain for the S&P 500 ($SPY ETF).While Russian stocks were crashing, US stocks initially sold off in sympathy, hitting a new correction low near the open on February 24th.At -14.6% and 51 days, this was the largest drawdown for the S&P 500 since February/March 2020 and the longest since 2018.But the declines on the 24th didn’t last, as the S&P 500 rose 4.2% from its low to finish the day in positive territory. This was one of the largest intra-day rallies for the S&P 500 in history, and it occurred exactly one month after a similar rally (+4.4% on January 24).Rate Hikes:The volatility in the markets has not dampened the expectations of the market for rate hikes very much at all.While a 50 basis point (bps) initial move is now seen as a low probability event, Fed Funds Futures are still anticipating 25 bps hikes at the March, May, June, and July FOMC meetings with 6 hikes in total by year-end (to a range of 1.50%-1.75%).Why are investors expecting rate hikes in spite of the weakness in the financial markets?The glaring disconnect between Fed policy and inflation.We received more data on that front this week with the PCE Price Index showing a 6.1% increase over the last year, the highest rate of inflation in 40 years. This compares to a historical average of 3.25% inflation since 1960.Meanwhile, the Fed Funds Rate remains close to 0% versus its average over the same time period of 4.8%.Lest the Fed loses all their remaining credibility, the rate hikes are coming.https://compoundadvisors.com/2022/7-chart-sunday-2-27-22What Russian Sanctions Mean For Europe and The World“Now that the question of a Russian invasion of Ukraine has proven itself not to be a hypothetical, Western governments will be pushed to respond.The United States and its European allies are likely to pursue a sanctions campaign, but this is easier said than done. While it has been popular to deride Russia and its economy as a "gas station" masquerading as a country, the reality is that Russia is a significant--often the largest--exporter of several critical commodities. Russian exports directly feed and fuel (or enable the processes to do so) vast swathes of the world from South America to the Middle East and East Asia--in addition to lighting and heating European homes and supplying crude oil to US Gulf Coast refineries.For the latter scenario, Russian crude exports to the world's largest oil producer picked up significantly in 2021 as a result of US sanctions against Venezuela, illustrating the double-edged nature of sanctions in the globalized economy.The Ukraine War: Energy EditionThe ins and outs of the major oil and natural gas suppliers is a favorite topic of ours here at Zeihan on Geopolitics, and it forms a cornerstone of our expertise; my team and I have decades of combined experience on the issues facing global energy. Crack open any of my books and you'll see that oil and gas are usually the topic of the longest chapters. My second book, The Absent Superpower, chronicles the many outcomes of the American shale revolution. Most notable: an America able to divorce itself from the wider world, and a major regional war in which Russia invades…Ukraine.Now we are gearing up for the release of our newest project - The End of the World is Just the Beginning: Mapping the Collapse of Globalization. The new book breaks down the future shape of various economic sectors in a post-globalized world: finance, manufacturing, agriculture. Energy The rapidly-building Ukraine War obviates nothing in the new book (thankfully), but it certainly focuses the mind on the burning questions of the day. How badly will the war impact the world’s second-largest energy exporter? Which consuming markets will be most (and least) impacted? How will those markets adapt to the sudden loss of Russian exports? How long will those losses last?🌊 Canadian Companies To Peruse 🌊EPOCHAPP.COM - Founded in Kitchener, Ontario. Epoch is the employee experience platform that drives engagement in your learning programs, DEI and ERG initiatives, AMAs, All Hands and internal events. Raises $3.6m USD from Rally Ventures (feb 23rd). 🔮Best Links of The Week🔮YouTube adds another TikTok feature: live ringsThe Netherlands has fined Apple five times over app store paymentsEA CEO explains why company may ditch FIFA branding in leaked staff commentsInventing Anna Sets Surprising Netflix Record As It Remains #1 In The Top 10iPhone average selling price up 14% as iPhone 13 drives record revenue This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.reformedmillennials.com

Global Oil Markets
US crude oil exports here to stay as world demand continues to recover in 2022

Global Oil Markets

Play Episode Listen Later Jan 13, 2022 11:32


Looking ahead into 2022, US crude oil export flows will continue to recover and grow as demand and prices surge, but will we see export volumes return to the record levels we were seeing a couple of years ago? S&P Global Platts US crude managing editor Laura Huchzermeyer, US Gulf Coast crude reporter Kristian Tialios, and Platts Analytics' North American oil analyst Lisa Orme discuss market trends impacting the waterborne crude oil market on the US Gulf Coast, along with the forecast for volumes in 2022.

Elon Musk Pod
Starbase Red Flag FIRE Warning

Elon Musk Pod

Play Episode Listen Later Jan 3, 2022 9:04


The Starship system is a fully reusable, two‑stage‑to‑orbit super heavy‑lift launch vehicle under development by SpaceX. The system is composed of a booster stage named Super Heavy and a second stage, also called "Starship".Starbase is a private rocket production facility, test site, and spaceport constructed by SpaceX, located at Boca Chica approximately 32 km east of Brownsville, Texas, on the US Gulf Coast.Become a member of Space News Pod!►► https://discord.gg/dMXghpX►► https://twitch.tv/spacenewspod►► https://facebook.com/spacenewspod►► https://patreon.com/spacenewspod►► https://twitter.com/spacenewspod►► https://instagram.com/thespacenewspodSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The Hydrogen Podcast
Today Let's Talk Pipelines In The Gulf Coast, Bank Licking Their Lips Thinking About Hydrogen Investment, And I Answer Why Hydrogen Is A Great Long Term Play For Investors

The Hydrogen Podcast

Play Episode Listen Later Oct 25, 2021 10:21 Transcription Available


Welcome to The Hydrogen Podcast!In episode 058, Linde starts up a major new hydrogen facility in the US Gulf Coast. The Economist talks about the different industries that are running into hydrogen. And I answer a very loaded question from our inbox. All of this on today's hydrogen podcast.  Thank you for listening and I hope you enjoy the podcast. Please feel free to email me at info@thehydrogenpodcast.com with any questions. Also, if you wouldn't mind subscribing to my podcast using your preferred platform... I would greatly appreciate it. Respectfully,Paul RoddenVISIT THE HYDROGEN PODCAST WEBSITEhttps://thehydrogenpodcast.comCHECK OUT OUR BLOGhttps://thehydrogenpodcast.com/blog/WANT TO SPONSOR THE PODCAST? Send us an email to: info@thehydrogenpodcast.comNEW TO HYDROGEN AND NEED A QUICK INTRODUCTION?Start Here: The 6 Main Colors of Hydrogen

Capitol Crude: The US Oil Policy Podcast
Platts Analytics sizes up global oil demand outlook, climate policies into 2022

Capitol Crude: The US Oil Policy Podcast

Play Episode Listen Later Sep 13, 2021 18:20


Chris Midgley, global director of analytics at S&P Global Platts, shares his latest outlook for global oil demand heading into the third year of the pandemic and takes stock of the tension between climate ambitions and economic growth. Midgley explains why US shale drillers continue to hold back despite relatively higher oil prices, whether the US and Iran will likely reach a nuclear deal to remove oil sanctions, and how US Gulf Coast producers and refiners are recovering after Hurricane Ida. Stick around after the interview for Chris van Moessner with the Market Minute, a look at near-term oil market drivers.

Argus Media
The Crude Report: Hurricane Ida‘s impact at the US Gulf coast

Argus Media

Play Episode Listen Later Sep 8, 2021 16:03


Hurricane Ida landed along the Louisiana coast on 29 August 2021 as a category 4 storm, affecting not only the region's refineries but also offshore production operations of a lot of the country's medium sour crude oils. In this episode of The Crude Report, Argus Americas Crude Associate Editor Amanda Hilow and Deputy Editor Amanda Smith discuss the hurricane's effect on the region's oil refining, production and prices, as of the recording date of 5 September 2021.

Tuesday Talks
Special Edition CARE Tuesday Talk: Humanitarian Relief in Afghanistan, Haiti and the US Gulf Coast

Tuesday Talks

Play Episode Listen Later Sep 8, 2021 53:24


A humanitarian disaster occurs when the human, physical, economic or environmental damage from an event, or series of events, overwhelms a community's capacity to cope. These disasters can take many forms including; natural disasters such as floods and hurricanes as well as human conflict. We are living in a time where we are constantly dealing with multiple global crises, and with the pandemic still impacting communities it seems like the world is becoming overwhelmed. From the recent events in Afghanistan to the earthquake in Haiti and now the Hurricane in the US Gulf Coast, communities are continuing to battle disasters with sometimes limited to no resources. So, in today's conversation we will discuss how organizations and communities are finding solutions to a number of humanitarian crises and how others can get involved.

Global Oil Markets
Destruction, power outages caused by Ida disrupt oil market

Global Oil Markets

Play Episode Listen Later Sep 2, 2021 9:56


It's been quite the week in energy markets, as Hurricane Ida hit the Louisiana coast, causing damage, power outages and destruction to the regular supply of oil and other projects in and around the region. The US Gulf Coast is built to deal with hurricanes like this, but each storm is unique, and what is impacted for how long disruptions persist factor into how the oil industry reacts. S&P Global Platts editors discuss storm damage, power outages and disruptions and how oil prices have reacted in the days following the storm.

Commodities Spotlight Podcast
USGC-Asia naphtha flows spike in Q2 despite tanker owner reticence

Commodities Spotlight Podcast

Play Episode Listen Later Jun 29, 2021 13:42


Flows of naphtha from the US Gulf Coast to Asia have reached record highs in May and June, drawn by fresh demand from Asia's steam crackers returning from seasonal maintenance and new units coming online over the second half of June. Though higher refining rates and dampened demand for gasoline in the US have opened wide this normally delicate naphtha arbitrage, tanker owners operating in the Americas have shown resistance to making the trans-Pacific voyage, citing low daily earnings and weak freight levels in both the Americas and Asia Medium Range tanker markets as deterrents for repositioning their fleets. Marieke Alsguth, S&P Global Platts clean tanker editor, sits down with Houston naphtha editor MK Bower and Singapore naphtha editor Wanda Wang to discuss the factors that opened the floodgates for naphtha barrels to move from the USGC to Asia, and how the resurgence of petroleum product demand as countries emerge from pandemic-related lockdowns could affect activity on the trans-Pacific trade flow.

PBS NewsHour - Segments
News Wrap: US Gulf Coast braces for storms, West faces deadly heat wave

PBS NewsHour - Segments

Play Episode Listen Later Jun 18, 2021 5:45


In our news wrap Friday, the U.S. Gulf Coast is bracing for what could be the year's first tropical storm. Storm warnings extended across parts of Louisiana, Mississippi, Alabama and Florida -- and Louisiana declared an emergency. Meanwhile, Western U.S. faced another day of searing heat -- expected to last until next week. On Wall Street, stocks slumped on worries about future interest rate hikes. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

Global Oil Markets
US Gulf Coast crude differentials linger at pre-pandemic levels

Global Oil Markets

Play Episode Listen Later May 13, 2021 17:27


Global crude prices have staged an impressive rally, recovering to pre-COVID levels. However, many US Gulf Coast crude differentials and regional spreads are yet to normalize, raising the question if the 2020 demand shock and ongoing infrastructure buildout will have a permanent impact on relative prices. S&P Global Platts Americas Crude Managing Editor Laura Huchzermeyer discusses recent price trends on the Gulf Coast and the Platts AGS waterborne crude assessment with Senior Pricing Specialist Kristian Tialios and Associate Director Matt Eversman.

Commodities Spotlight Podcast
Are deepening shifts in Atlantic Basin clean tanker trade lanes the new normal?

Commodities Spotlight Podcast

Play Episode Listen Later Apr 28, 2021 19:30


Are recent shifts in Atlantic Basin products arbitrages an unusual pandemic feature or the new normal for clean tanker trade? And are the 38kt US Gulf Coast-to-Brazil and 37,000 mt UK Continent-West Africa freight runs the new pacesetters of the Americas and European freight markets? S&P Global Platts Americas managing editor Barbara Troner examines the southward shift in Atlantic Basin clean tanker trade flows to Latin America- and West Africa-bound voyages with Platts experts Marieke Alsguth in Houston and Chris To in London. For free access to information on the dynamics and assessment methodology of the MR USGC-Brazil, please click here or send us an email at tankers@spglobal.com.

Capitol Crude: The US Oil Policy Podcast
Panama Canal seeks solutions to congestion as wait times increase

Capitol Crude: The US Oil Policy Podcast

Play Episode Listen Later Mar 1, 2021 22:08


As the shortest route from the US Gulf Coast to East Asia, the Panama Canal has emerged as a key fixture in global trade flow dynamics. We spoke with Ricaurte Vásquez Morales, administrator of the Panama Canal Authority, who has been working to reduce congestion of the canal, which has grown in part because of LNG shipments from the US.

First Move with Julia Chatterley
The US House Panel blasts Boeing's failures that caused 346 preventable deaths on their 737 Max. Snowflake begins trading in the biggest IPO of 2020. Hurricane Sally is creeping along the US Gulf Coast unleashing threatening floods.

First Move with Julia Chatterley

Play Episode Listen Later Sep 16, 2020 45:40


Julia Chatterley is live from New York. Here are the top business news stories today! Boeing blamed! The US House Panel blasts Boeing’s failures that caused 346 preventable deaths on their 737 Max. A blizzard on Wall Street! Snowflake begins trading in the biggest IPO of 2020. Hurricane Sally is creeping along the US Gulf Coast unleashing threatening floods. It’s Wednesday, let’s make a move.To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Commodities Spotlight Podcast
Geopolitics, coronavirus foul IMO 2020 tanker owner freight negotiations

Commodities Spotlight Podcast

Play Episode Listen Later Feb 12, 2020 12:33


A little over a month into the IMO 2020 switch from 3.5% to 0.5% sulfur bunker fuels, the lifting of US sanctions on COSCO-owned tankers and dented crude oil and jet fuel demand due to the coronavirus outbreak had tanker freight take a u-turn and re-open arbitrage flows from the US Gulf Coast. Marieke Alsguth, Barbara Troner and Catherine Wood of the S&P Global Platts shipping team talk about how the first 40 days of IMO 2020 have shaped up for the Americas loading tanker markets.

Commodities Spotlight Podcast
One year later, US sanctions on Venezuela's PDVSA have had wide market impact

Commodities Spotlight Podcast

Play Episode Listen Later Jan 28, 2020 16:27


January 28 marks the one-year anniversary of sanctions imposed by the US Department of Treasury on Venezuela's state-run oil producer, PDVSA, which has been translated as a de facto ban on Venezuelan crude exports to the US market. Since then, PDVSA has seen a deterioration of its oil industry and has struggled to sell its crude barrels in international markets. In contrast, other Latin American crudes competing for business in the US Gulf Coast not only have been favored with increasing demand in that region, but also in Asia. Francisco Monaldi, fellow in Latin American energy policy at the Baker Institute for Public Policy at Rice University, and Maria Eugenia Garcia, Latin American crude senior editor with S&P Global Platts Platts, discuss the impact of the sanctions on the international crude market.

WIRED Science: Space, Health, Biotech, and More
Thousands of Invisible Oil Spills Are Destroying The Gulf

WIRED Science: Space, Health, Biotech, and More

Play Episode Listen Later Dec 19, 2016 10:42


Hurricane Ivan would not die. After traveling across the Atlantic Ocean, it stewed for more than a week in the Caribbean, fluctuating between a Category 3 and 5 storm while battering Jamaica, Cuba, and other vulnerable islands. And as it approached the US Gulf Coast, it stirred up a massive mud slide on the sea floor. The mudslide created leaks in 25 undersea oil wells, snarled the pipelines leading from the wells to a nearby oil platform, and brought the platform down on top of all of it.