In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discussed several key headlines: the Labour Party's landslide victory in the UK snap elections, Iran's agreement to purchase 10 billion cubic feet of natural gas annually from Turkmenistan, the potential end of the extreme bear market in natural gas, and California lawmakers voting to ask residents to borrow $20 billion for climate and school initiatives. They also covered oil and gas market updates, including a surprising rise in rig counts and energy traders buying refineries from big oil companies. Finally, they touched on the formation of an arbitration panel for Exxon and Chevron's dispute over the Hess merger.

Highlights of the Podcast

00:00 - Intro

01:36 - Labour Wins Landslide Victory in U.K. Snap Elections

03:59 - Iran to Purchase 10 Billion Cubic Meters of Turkmen Natural Gas Annually

05:04 - Has The Extreme Bear Market in Natural Gas Come to an End?

08:03 - Lawmakers Vote to Ask Californians Permission to Borrow $20 Billion for Climate, Schools

11:33 - Markets Update

14:27 - Energy traders are snapping up refineries away from Big Oil

21:16 - Outro

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

Labour Wins Landslide Victory in U.K. Snap Elections

Iran to Purchase 10 Billion Cubic Meters of Turkmen Natural Gas Annually

Has The Extreme Bear Market in Natural Gas Come to an End?

Lawmakers Vote to Ask Californians Permission to Borrow $20 Billion for Climate, Schools

Energy traders are snapping up refineries away from Big Oil

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