In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley, discusses the challenges facing the North Sea oil and gas industry, including reduced financing and higher windfall taxes, which threaten energy investments. He also highlights Goldman Sachs' optimistic oil price forecast, driven by supply concerns, and criticizes the Biden-Harris administration's energy and EV policies for their negative impact on U.S. markets and auto manufacturers. Additionally, Turley points out the inefficiencies in the U.S. infrastructure bill's EV charging station rollout and how U.S. LNG permit freezes are benefiting Canada's and Mexico's exports.

Highlights of the Podcast

00:00 - Intro

01:03 - Trouble Deepens for North Sea Oil and Gas

03:21 - Goldman Sees Upside for Oil Prices Amid Supply Concerns

04:20 - As Demand Drops, Automakers Reverse EV Targets Despite Billions In Biden-Harris Subsidies

07:34 - Infrastructure Bill’s Big-Budget Projects A ‘Complete Failure’ Despite Billions Spent

08:25 - U.S. LNG Permit Freeze Sparks Export Boom in Canada and Mexico

10:14 - Outro

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

Trouble Deepens for North Sea Oil and Gas

Goldman Sees Upside for Oil Prices Amid Supply Concerns

As Demand Drops, Automakers Reverse EV Targets Despite Billions In Biden-Harris Subsidies

Infrastructure Bill’s Big-Budget Projects A ‘Complete Failure’ Despite Billions Spent

U.S. LNG Permit Freeze Sparks Export Boom in Canada and Mexico

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