Energy News Beat Podcast
Largest Solar Plant FAILS!
In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner and Stuart Turley, discuss a variety of energy-related topics. They begin with controversial comments from the Duke of Edinburgh criticizing wind farms, before moving on to discuss rising US gasoline prices, challenges with electric vehicle (EV) repairs due to a mechanic shortage, and a failed large-scale renewable energy project in Morocco. Additionally, they touch on geopolitical tensions, such as an Iranian drone attack on Israel and adjustments in oil production affecting global markets. They also explore domestic US issues including the Biden administration’s decision to raise royalties and leasing costs for drilling on federal lands, and the potential consequences of a project in South Texas on local water supplies. Throughout the episode, they intertwine financial insights, market trends, and political critiques, particularly concerning energy policy and environmental impacts.
Highlights of the Podcast
00:00 - Intro
02:06 - Wind farms are useless, says Duke of Edinburgh
04:21 - Investors Bet On Further Rise In US Gasoline Prices
07:10 - EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
11:00 - The largest renewable energy project in history fails: only desert is left and we have lost $2 billion
14:08 - Water scarcity and clean energy collide in South Texas
21:20 - U.S. Drilling Activity Continues to Drop Off
22:51 - Oil and gas companies must pay more to drill on federal lands under new Biden administration rule
28:47 - ADNOC considered acquiring bp following major purchases by IOCs like ExxonMobil, Chevron
32:46 - Outro
Please see the links below or articles that we discuss in the podcast.
Wind farms are useless, says Duke of Edinburgh
In a withering assault on the onshore wind turbine industry, the Duke said the farms were “a disgrace”. He also criticised the industry’s reliance on subsidies from electricity customers, claimed wind farms would “never work” […]
Investors Bet On Further Rise In US Gasoline Prices
By John Kemp, senior energy analyst at Reuters Portfolio investors have amassed one of the largest bullish positions in U.S. gasoline futures and options since before the coronavirus pandemic, anticipating that prices will continue climbing over […]
EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens to further stifle demand in the UK, where
The largest renewable energy project in history fails: only desert is left and we have lost $2 billion
A renewable energy project that promised to change history seems to have failed. At the moment, there is only desert and an apparent loss of 2 billion dollars. Human beings are going through a period of energy […]
Water scarcity and clean energy collide in South Texas
Chemical company Avina Clean Hydrogen Inc. has purchased the last available water supply from the Nueces River of South Texas, raising concerns of regional scarcity as reservoirs dwindle and drought persists. Avina’s Nueces Green Ammonia plant plans […]
U.S. Drilling Activity Continues to Drop Off
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday, falling by 3. U.S. drillers saw […]
Oil and gas companies must pay more to drill on federal lands under new Biden administration rule
WASHINGTON (AP) — Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule issued Friday by […]
ADNOC considered acquiring bp following major purchases by IOCs like ExxonMobil, Chevron
(WO) – On Thursday, April 11, Reuters reported that Abu Dhabi National Oil Company (ADNOC), the UAE’s state-owned oil and gas company, previously pursued acquiring Britan’s energy giant, bp. According to “people familiar with the […]
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