In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Stuart Turley and Michael Tanner discuss key energy market trends, including backlash against EV mandates, rising interest in traditional combustion engines due to cost concerns, and hedge funds shifting investments from green energy to fossil fuels. They highlight political influences on climate policies, the underperformance of climate investments despite stimulus efforts, and upcoming financial challenges for BP and Shell. Additionally, they discuss the potential $10 billion sale of Colonial Pipeline, its strategic importance, and conspiracy theories surrounding it. Lastly, they detail Ford's significant financial losses on EV sales, emphasizing the need for more viable hybrid models.

Highlights of the Podcast

00:00 - Intro

01:14 - Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars

04:56 - Investors Turn To Fossil Fuels As Green Energy Falters On Costs, Reliability

07:21 - Watchdog: Biden-Harris Allegedly Buried LNG Emissions Study, GOP Wants Answers

11:38 - BP and Shell Brace for Profit Drop

13:29 - Colonial Pipeline Weighs Sale at $10 Billion-Plus Value

15:30 - Ford Lost Another $58K For Every EV Sold In Third Quarter, Or $1.2 Billion

17:21 - Outro

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

Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars

Investors Turn To Fossil Fuels As Green Energy Falters On Costs, Reliability

Many roadblocks delay journey to zero carbon world

BP and Shell Brace for Profit Drop

Colonial Pipeline Weighs Sale at $10 Billion-Plus Value

Ford Lost Another $58K For Every EV Sold In Third Quarter, Or $1.2 Billion

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Follow Michael On LinkedIn and Twitter

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