In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley discusses a court ruling blocking the Biden administration's new LNG export restrictions, attributing it to the Chevron deference decision. He also highlights Governor Newsom's unpopularity due to extreme mandates raising energy costs, China's efforts to boost domestic oil production under President Xi's directive, a Native American group's lawsuit against the Biden administration for restricting Alaskan oil and gas production, and the rise in oil prices by 2% due to summer demand and supply concerns. Turley concludes by encouraging listeners to subscribe to their newsletter for more updates.

Highlights of the Podcast

00:00 - Intro

01:29 - Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision?

03:11 - Governor Newsom’s unpopularity might have something to do with his extreme mandates that make life unaffordable.

05:42 - China unites oil giants to boost domestic production under Xi’s directive

06:56 - Native American Group Sues Biden Admin For Restricting Alaskan Oil And Gas Production

08:20 - Oil prices rise 2% on summer demand hopes, supply worries

09:18 - Outro

Please see the links below or articles that we discuss in the podcast.

Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision?

July 1, 2024 Stu Turley

A federal judge issued a ruling Monday that blocks the Biden administration’s ban on new exports of liquefied natural gas (LNG) following a challenge by a group of more than a dozen states. The U.S. District Court […]

Governor Newsom’s unpopularity might have something to do with his extreme mandates that make life unaffordable.

July 2, 2024 Stu Turley

Not surprisingly, with California having huge costs for electricity and fuels, the recent Public Policy Institute of America survey revealed that California’s “green” Governor Newsom is by far the MOST UNPOPULAR Governor in America ! […]

China unites oil giants to boost domestic production under Xi’s directive

July 1, 2024 Mariel Alumit

Giants CNPC, Sinopec, and seven other state-owned Chinese oil companies are set to collaborate under a new state body tasked with increasing oil and gas production in China. This move follows a directive from the […]

Native American Group Sues Biden Admin For Restricting Alaskan Oil And Gas Production

July 2, 2024 Mariel Alumit

A coalition of 23 Native American orgs is suing the Biden admin for restricting oil and gas development in Alaska’s National Petroleum Reserve. A Native American group is suing the Biden administration over one of […]

Oil prices rise 2% on summer demand hopes, supply worries

July 1, 2024 Mariel Alumit

July 1 (Reuters) – Oil prices climbed about 2% on Monday on hopes of rising demand during the Northern Hemisphere’s peak summer driving season and worries that OPEC+ production cuts could result in supply deficits […]

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