Oil Back to $100?!

Energy News Beat Podcast

Oil Back to $100?!

May 27, 2025

In this episode of the Energy News Beat Daily Standup, the hosts, Stuart Turley and Michael Tanner dive into Trump’s escalating energy dilemma as potential secondary sanctions on Russia could spike oil prices to $100 — a political win for Democrats but a headache for Trump. They also unpack Technip Energies’ Cyprus LNG deal, the decline of Northvolt’s battery production in Sweden, and OPEC’s strategic output boost that could squeeze U.S. shale. With oil rig and frack counts plummeting, LNG emerging as the long-term bet, and global capital flows shifting, the hosts explore where energy investments should pivot next in this volatile landscape.

Highlights of the Podcast

00:00 - Intro

01:34 - DAVID BLACKMON: Trump’s ‘Big, Beautiful Bill’ Smashes Biden’s Signature Climate Law Into Pieces

05:29 - President Trump’s dilemma is now a huge political problem – Secondary sanctions to get Putin to stop the war will drive prices to $90 or $100 and is a win for Democrats.

10:15 - Technip Energies bags Cyprus LNG gig – and how does this impact Cyprus’s clean energy?

12:48 - Northvolt to Wind Down Battery Making in Sweden: A Blow to Europe’s Energy Transition

16:01 - Markets Update

18:04 - Rig Count Update

18:10 - Frac Count Update

18:49 - OPEC’s Latest Report: A Strategic Move to Challenge U.S. Shale Oil Companies?

22:14 - Outro

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