National Emergency Securing U.S. Bulk Power Sources and Supply Chains

In early 2026, the global oil market experienced a seismic shift. When geopolitical tensions with Iran escalated, crude prices surged—and Texas responded. In this episode, economist Karr Ingham, oil producer Rey Trevino, and energy journalist Stu Turley break down how a single conflict triggered a cascade of market changes: rig counts climbing for the first time in years, jobs returning to the industry, and a historic deal securing 65 billion barrels of Venezuelan oil. But here's the real story: how these moves reshape energy independence, refinery infrastructure, and consumer prices for the next decade.Check out the Texas Alliance of Energy Producers: https://www.texasalliance.orgConnect with Karr on his LinkedIn https://www.linkedin.com/in/karr-ingham-9b62333a/Connect with Rey on his LinkedIn https://www.linkedin.com/in/reytrevinoiii/1. Global Oil Market TransformationThe hosts discuss dramatic shifts in global oil supply and demand, particularly focusing on:China's changing import patterns (buying Russian oil at elevated prices, reduced purchases from Iran and Iraq)The impact of the Iran conflict on crude oil prices and market dynamicsRussia's refinery capacity reduction (down 40%) due to drone strikesGlobal diesel shortage and its economic implications2. Venezuela's Oil Resources & U.S. PolicyA significant focus on the recent U.S. deal securing 65 billion barrels of Venezuelan oil over 25 years:The removal of Maduro and its impact on oil production potentialSecretary Chris Wright's role in facilitating investment opportunities for Chevron, Exxon, and independentsPlans to increase Venezuelan production by 1 million barrels per dayThe strategic importance of liberating these resources for global markets3. Texas Oil & Gas Production TrendsDetailed analysis of Texas's response to market changes:Rig count recovery: from 229 rigs in December to 282 currently (41 rigs added year-over-year)Production increases despite declining rig counts (efficiency and productivity gains)Job creation returning to the industry after losses in 2024-2025The Permian Basin's continued dominance4. Crude Oil Quality & Refinery InfrastructureDiscussion of different crude types and refining capabilities:Light sweet crude (Texas) vs. heavy sour crude (Venezuelan, Canadian)Why the U.S. exports light sweet crude (refineries worldwide are better equipped to process it)Plans for a new refinery in Brownsville to process Texas sweet crude domesticallyThe importance of crude oil trade and energy independence5. U.S. Energy Independence ProgressReduction in crude oil imports from 60-65% twenty years ago to approximately 10% todayThe lifting of the crude oil export ban in 2015 as a critical milestoneCurrent import sources: primarily Canada (20%), minimal imports from the Strait of Hormuz (1.5-2%)California's hypocrisy in importing oil from Russia, Ecuador, and Iran while opposing domestic production6. Tariffs & Trade Policy DebateA nuanced discussion on tariffs and trade:Karr's anti-tariff stance vs. Stu's perspective on managed tariffsThe weaponization of the U.S. dollar through sanctionsCanada's importance as a reliable energy partnerThe need for balanced trade relationships7. Regulatory & Legislative ChallengesTexas Alliance of Energy Producers' ongoing work:Produced water management from increased oil and gas productionAssociated natural gas handling from Permian crude productionOrphan wells regulation and inactive well managementPreparation for the 2027 Texas legislative sessionFederal-level advocacy in Washington D.C.8. Renewable Energy AccountabilityA critical look at wind energy infrastructure:79,000 wind turbines in the U.S., with 40% approaching end-of-life in 3-5 years$89 billion liability for decommissioning and recycling with no funding mechanismContrast with oil and gas industry's established orphan well remediation processesThis episode presents a comprehensive view of how geopolitical events, policy changes, and market dynamics are reshaping the global and U.S. energy landscape, with particular emphasis on Texas's strategic role.At Energy News Beat, we Make Appendices Great Again.Check out the World's Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at: https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering: Sponsor Rey Trevino, Pecos Operating https://pecos.energy/At Energy News Beat, we Make Appendices Great Again.Check out the World's Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at: https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

We have an action-packed podcast lined up with Doomberg and Steven Wang, CEO of Jackery Americas. We will be covering the new executive order on the United States grid's transformers, supply chain, and key components. Some of these components have years-long resupply times in a disaster, and many people could be without power for considerable periods. The administration is recommending that people prepare and have safety supplies, and even short-term power supplies. Check out Jackery Products: https://www.jackery.com/Check out Doomberg's Substack: https://newsletter.doomberg.com/Storms, and we have also seen 30 or more water companies attacked this year by cyber hackers. Being prepared is not just a Boy Scout motto; it is now a way of life. Many of our larger utilities are recommending that we get ready for any disaster.1. Grid Reliability & Power OutagesThe hosts emphasize that the U.S. power grid is becoming increasingly unreliable, with warnings of potential rolling blackouts. A critical incident in July 2022 in Northern Virginia affected 3% of PJM's peak load, and there are concerns about cyber attacks on utilities (Iran recently targeted 30 utilities). The grid is running with less margin for error than previously.2. Exponential Demand Growth from Data Centers & AIThere's a dramatic shift from decades of stagnant demand to explosive growth driven by data centers and AI infrastructure. This "lumpy demand" is straining the grid in unexpected ways, requiring new solutions beyond traditional grid expansion.3. Distributed Energy Resources (DERs) & Home Battery SystemsThe discussion centers on how residential battery systems (like Jackery) can serve dual purposes: personal emergency backup and grid support. Plug-in solar and battery systems are becoming more accessible, lowering barriers to entry for consumers and apartments.4. Battery Technology & Supply ChainTopics include:Lithium iron phosphate (LiFePO4) as the current standardEmerging sodium-ion batteries (safer, better cold performance, lower cost, but lower energy density)Supply chain concentration and the need for cost reductionManufacturing localization in response to Trump's executive orders5. Trump's Emergency Declaration & ManufacturingThe administration's focus on onshoring transformer and inverter manufacturing to address critical shortages. There's a 2-3 year wait for transformers and 5-year wait for large natural gas generators—creating vulnerability if major infrastructure fails.6. Energy Independence & Personal PreparednessEmphasis on individual preparedness through home battery systems, solar panels, and backup generators. The philosophy that grid reliability starts at home, with consumers taking agency over their own power supply.7. Pricing & Grid EconomicsDiscussion about how current pricing structures favor wind and solar while penalizing natural gas and coal, without accounting for grid resiliency and storage costs. The need to shift from "Levelized Cost of Electricity" (LCOE) to metrics that value reliability.8. Regional Differences: U.S. vs. EU MarketsEuropean markets favor smaller, apartment-friendly systems (1-2 kWh), while U.S. demand is for larger capacity (3+ kWh) due to larger homes and greater energy needs.At Energy News Beat, we Make Appendices Great Again.At Energy News Beat, we Make Appendices Great Again.Check out the World's Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at: https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

In this episode of the Energy News Beat Podcast, host Stu Turley sits down with Jon Brewton, CEO and Founder of Data2, and Kyle Koss, President of ATCO Ventures, to explore a critical challenge facing the AI revolution: infrastructure. As artificial intelligence demand skyrockets—with projections suggesting a 5,000% increase in compute requirements over the next five years—traditional mega data centers are hitting a wall. The solution? ATCO Edgeworks, a groundbreaking modular edge computing platform that brings AI infrastructure closer to power sources rather than centralizing it in massive facilities. This conversation delves into how distributed, modular data centers can democratize AI access for mid-sized companies, solve environmental and community concerns, and create a more resilient computing landscape. With insights into explainable AI, military applications, and real-world use cases from the energy sector, this episode reveals why the future of AI infrastructure isn't about building bigger—it's about building smarter and closer to home.Connect with Kyle on his LinkedIn: https://www.linkedin.com/in/kyle-koss-3bbb1927/Check out ATCO here: https://www.atco.com/en-ca.htmlConnect with Jon on his LinkedIn: https://www.linkedin.com/in/jon-brewton-datasquared/Data 2 website: https://www.data2.ai/1. Distributed Edge Computing InfrastructureThe core focus is on ATCO Edgeworks, a modular data center solution designed to bring compute closer to power sources rather than centralizing it. This addresses the massive infrastructure bottleneck created by AI demand, which requires enormous capital investments and long lead times (3-5 years) for traditional mega data centers.2. AI Infrastructure Bottleneck & Power ConstraintsThe guests discuss how AI demand is exploding exponentially, with Goldman Sachs projecting a 5,000% increase in compute demand over the next half decade. The challenge isn't just computing power—it's the massive power requirements, capital commitments, and infrastructure constraints that only a handful of mega-companies can afford.3. Democratizing AI AccessA key theme is making AI infrastructure accessible to mid-tier companies (the "mom and pop" oil and gas operators) who can't afford billion-dollar data center commitments. Edgeworks enables smaller organizations to deploy AI capabilities without massive upfront capital or 15-20 year power contracts.4. Environmental & Community Impact (NIMBY Solutions)The discussion addresses concerns about data centers' environmental footprint—water usage, cooling requirements, power grid strain, and community opposition. Modular edge computing reduces these impacts by distributing load across smaller, localized units rather than massive centralized facilities.5. Data2's Explainable AI & Trust LayerJon Brewton emphasizes the importance of AI validation and explainability. His company Data2 has patented technology that adds a "trust layer" to AI systems, making decisions auditable and trustworthy. They cite a real example where their platform discovered $98 million in hidden fraud risk.6. Military & Defense ApplicationsThe guests discuss edge compute's critical role in defense—portable, distributed systems that can be deployed in the field, reducing vulnerability from centralized targets and enabling real-time AI decision-making for warfighters.7. Flexible, Modular Design BenefitsThe Edgeworks solution is built entirely on modular architecture (hardware and software), allowing customers to:Scale up or down based on demandUse existing power sources (natural gas, solar, flared gas)Avoid single points of failureReduce unnecessary data movement8. Real-World Use CasesExamples discussed include:Oil and gas companies monetizing flared natural gas to power computeBitcoin mining operations pivoting to AI workloadsIndustrial sites leveraging existing infrastructure for edge computeMilitary deployment scenarios9. Market Timing & Competitive AdvantageThe guests argue this is the right moment for distributed edge computing because: AI demand is rising exponentially, power availability is constrained, and capital requirements for centralized infrastructure are prohibitive. This creates market demand for alternative architectures.10. Data Sovereignty & SecurityPartnerships with encryption providers (like XQ) ensure quantum-encrypted, zero-trust security—critical for government and military applications, and for protecting sensitive data in distributed environments.The overarching narrative: Traditional mega data centers are hitting infrastructure limits. Edgeworks offers a paradigm shift by bringing compute to where power exists, enabling broader participation in AI, reducing environmental impact, and creating a more resilient, distributed compute market.At Energy News Beat, we Make Appendices Great Again.Check out the World's Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at: https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

The Jones Act: America's Self-Inflicted Economic WoundIn this episode of the Energy Newsbeat Podcast, hosts Stu Turley and David Blackmon sit down with Colin Grabow, Associate Director of the Cato Institute's Herbert A. Stiefel Center for Trade Policy Studies, to examine one of America's most counterintuitive and costly laws: the Jones Act. Enacted in 1920 as the Merchant Marine Act, this legislation requires all goods transported by water within U.S. borders to use American-flagged, American-built, and American-crewed vessels. What was intended as a national security measure has instead become an economic anchor, artificially inflating shipping costs and forcing states to import energy from overseas rather than from nearby domestic sources. With the Trump administration's recent suspension of the Jones Act, Grabow presents compelling data showing that in just six months, more energy has been shipped domestically than in any single year over the past 25 years—a real-world experiment that validates decades of economic arguments against the law. The conversation reveals a troubling paradox: while the U.S. claims the Jones Act protects national security, American ships are regularly sent to Chinese shipyards for repairs, and the law has shrunk the merchant marine fleet from 257 ships in 1980 to just 92 today. Through concrete examples ranging from California's refinery crisis to Puerto Rico's energy shortages, this episode exposes how protectionist policies meant to help American workers and shipyards have instead harmed consumers, reduced economic efficiency, and undermined the very security they claim to protect.Check out the Cato Institute Jones Act Tracker: https://www.cato.org/jones-act-waiver-tracker#key-findingsConnect with Colin Grabow on LinkedIn: https://www.linkedin.com/in/colingrabow/Check out David Blackmon's work on Substack: https://blackmon.substack.com/Check out The Energy News Beat Substack: https://theenergynewsbeat.substack.com/1. The Jones Act: Definition & OverviewThe podcast opens by explaining the Jones Act (Section 27 of the Merchant Marine Act of 1920), which requires that goods transported by water within the U.S. must use vessels that are U.S.-flagged, U.S.-built, at least 75% American-owned, and crewed by Americans. This foundational explanation sets up the entire discussion.2. Impact of the Jones Act Waiver on Energy SupplyA major focus is the Trump administration's suspension of the Jones Act, which has dramatically increased domestic energy shipments:California's refinery crisis: With refineries shutting down, the waiver enabled tankers to transport crude oil from Gulf Coast refineries through the Panama Canal to California—preventing a major supply crisisRecord-breaking shipments: In just 6 months, more crude oil, gasoline, and jet fuel were shipped than in any single year over the past 25 yearsCost savings: The waiver has saved consumers millions by enabling efficient domestic shipping3. Economic Inefficiency & Cost to ConsumersThe hosts discuss how the Jones Act artificially inflates shipping costs:U.S.-built tankers cost $210-240 million vs. $52-53 million in AsiaOperating costs for U.S. ships are $8.5 million more per year than foreign-flagged vesselsThis forces states like California and New England to import energy from overseas rather than from nearby U.S. sources4. National Security ParadoxesThe conversation highlights contradictions in the national security argument:The U.S. exports LNG globally but can't ship it domestically to states like New York and MassachusettsPuerto Rico and Hawaii are forced to import energy from foreign sources despite U.S. production capacityU.S. military builds warships in allied countries (Turkey, Japan, South Korea, Finland), yet commercial ships must be U.S.-builtAmerican ships are regularly sent to Chinese shipyards for repairs and maintenance5. Merchant Marine Fleet DeclineColin Grabow presents data showing the Jones Act has failed to maintain a robust U.S. shipping fleet:The fleet has shrunk from 257 ships in 1980 to just 92 todayU.S. shipyards produce only 2.6 ships per year on average vs. 40+ per year in South KoreaThe law hasn't created jobs—it's reduced them6. Regional Energy Crises & SolutionsThe waiver has addressed multiple regional energy shortages:California: 8+ million barrels of crude, 2.4 million barrels of diesel, 1.8 million barrels of jet fuelPuerto Rico: Record propane shipments (2.89 million barrels in 6 months vs. historical averages)New England: LNG and propane imports that were previously impossibleMid-Atlantic: 12 million barrels of crude shipped to refineries7. Political & Lobbying ObstaclesThe hosts discuss why the Jones Act persists despite its costs:Concentrated benefits vs. dispersed costs: Shipyard owners and operators lobby heavily to maintain the law, while consumers bear the costsCongressional gridlock: Previous reform efforts (2006-2007) failed despite support from the U.S. Chamber of Commerce and APIState interests: Louisiana opposes changes due to port economy dependence8. Hypocrisy & ContradictionsThe podcast highlights the absurdity of current policy:Refineries in New York were buying Russian oil because it was cheaper than Texas oil due to Jones Act shipping costsThe U.S. is the world's leading LNG exporter but can't ship it domesticallyCompanies advocating for the Jones Act for "national security" send their ships to China for repairs9. Potential Solutions & ReformColin Grabow proposes incremental reforms:Allow Americans to buy foreign-built ships (aligning with policy for airlines and trucking)Restrict to allied shipyards (NATO countries, Japan, South Korea)Implement a second registry (like Norway's international registry)Use direct subsidies instead of protectionism for national security needs10. Data-Driven Evidence & Future ResearchThe Cato Institute's Jones Act Waiver Tracker provides concrete evidence:241 voyages, 190 unique vessels, 65 million barrels shippedPlans to update 2018 and 2019 research papers on the Jones Act's economic and national security impactsThe waiver serves as a real-world experiment validating free-market predictionsOverall Theme: The podcast argues that the Jones Act is a self-inflicted economic wound that harms consumers, reduces shipping efficiency, contradicts national security claims, and fails to maintain a competitive merchant marine—and that the current waiver proves reform is both necessary and beneficial.At Energy News Beat, we Make Appendices Great Again.Check out the World's Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at: https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

In a wide-ranging discussion that cuts through the noise of energy policy debates, three industry experts—Joe Leather (HSE Professional and Offshore Wind & Oil Podcast Host), Mark LaCour (Oil and Gas Expert and OGGN Editor-in-Chief), and Stu Turley (Energy News Beat Podcast Host)—tackle the contradictions, crises, and misconceptions shaping global energy markets. From record-breaking diesel prices in Scotland to California's paradoxical reliance on Russian crude despite abundant local reserves, this conversation exposes how political ideology disconnected from scientific reality is creating energy poverty, environmental hypocrisy, and geopolitical vulnerability. Rather than debating whether the world needs an energy transition, these experts argue for an "energy addition"—acknowledging that global demand will only grow while infrastructure, grid capacity, and rational policy lag dangerously behind. Their discussion reveals uncomfortable truths about net-zero politics, the aging infrastructure crisis, and why the solutions being implemented often make problems worse, not better. Yet amid the frustration, there's cautious optimism: technology is advancing rapidly, younger generations view energy differently, and the world may finally be waking up to what pragmatism demands.Check out Mark LaCour on The Great Oil Network OGGN https://oggn.com/Check out Joe Leather on his Great podcast https://windwavesandwells.com/1. Global Diesel Shortage CrisisThe hosts discuss the worldwide diesel shortage affecting prices dramatically—Joe paid £1.84 per liter (approximately $12.77/gallon) in Scotland. They explain this is caused by:Refinery turnaround season in the USIncreased global demand for dieselLimited crude oil supply due to Strait of Hormuz tensionsRefineries prioritizing jet fuel production over diesel due to higher profit margins2. UK Refinery Capacity CollapseThe UK is losing refinery capacity due to political and net-zero policies. The hosts explain the paradox: the UK fleet switched from petrol to diesel vehicles, but environmental politics prevented refineries from retrofitting to produce more diesel, creating an oversupply of petrol and shortage of diesel.3. Energy Politics vs. RealityA central theme is how political decisions disconnected from scientific understanding are harming energy security:California importing Russian crude while refusing to use its own local oil reservesNew York importing LNG from the Caribbean (sourced from Russia) instead of using abundant Pennsylvania natural gasGermany's failed renewable transition and subsequent energy poverty4. Energy Transition vs. Energy AdditionThe hosts argue the world needs an "energy addition" (more total energy), not a transition away from hydrocarbons. They emphasize:Growing global energy demandThe need for a diversified energy mixRenewable infrastructure inadequacy (grid capacity, decommissioning liability)5. Infrastructure & Grid ChallengesUK and US electrical grids are aging and insufficient for renewable integrationData centers (Microsoft, Amazon, Meta) are driving private infrastructure investmentInterconnection projects like Canada's $6 billion line to New York are underperforming6. Geopolitical Energy SecurityRussia using energy as a weapon (Germany's dependency on Russian gas)Strait of Hormuz disruptions and alternative shipping routesGhost fleets (unseaworthy tankers) moving sanctioned Russian oilThe Jones Act limiting US domestic shipping efficiency7. Environmental HypocrisyExamples of contradictory policies:Burning wood pellets shipped from the US as "net-zero" fuel in the UKScottish wind farms requiring diesel generators to operateImporting refined Russian oil while claiming environmental leadership8. Technology & InnovationAI discovering missed oil reserves in mature North Sea fieldsAutomation reducing rig crew sizes and improving safetyNew small, efficient "teapot refineries" being built at crude sources9. Political Polarization & HopeThe hosts discuss how extreme politics on both sides harm energy policy, but express cautious optimism that moderates are finding common ground and that "the world is healing."10. Generational Shift in PerceptionGeneration Alpha views the oil and gas industry positively—seeing it as innovative, well-paying, and cool—contrasting with their parents' anti-oil sentiment.The overarching message: Energy security requires pragmatic, science-based policy disconnected from political ideology.At Energy News Beat, we Make Appendices Great Again.Check out the World's Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at: https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

Jack Pandelli, The Merchant’s News Substack Author and commodities trader, stops by.The world is short of nearly everything. Shipping routes are under attack, refineries are maxed out, and energy policies have backfired. In this episode, commodities expert Jack Prandelli breaks down the "everything shortage"—the interconnected crises in oil, gas, food, and critical minerals that are reshaping geopolitics and creating the next commodity super-cycle. Discover why diesel is more valuable than crude oil, how drone warfare changed energy markets forever, and where smart investors should be looking.I highly recommend subscribing to The Merchant's News Substack.https://themerchantsnews.substack.com/1. Global Supply Chain Disruptions & Shipping CrisesThe podcast opens with a comprehensive discussion of how critical shipping routes and infrastructure are breaking down simultaneously. Key choke points under threat include:Strait of Hormuz – targeted by dronesSuez Canal – Saudi vessels avoiding drone attacksBlack Sea – ports and vessels targeted by dronesRhine River – water levels critically low due to heat, disrupting European logisticsPanama Canal – reduced traffic due to El Niño and low water levelsThis creates what Jack calls an "everything shortage" affecting global commerce.2. Oil Market Dynamics & Refinery BottlenecksWhile crude oil prices remain below $100/barrel, the real issue is in refined products. The podcast highlights:Record-breaking diesel crack spreads (refining margins)Diesel prices now higher than crude oil pricesGlobal refinery shortage (16 Russian refineries damaged, others under maintenance)This creates inflation pressure on the broader economy3. Energy Transition Policy FailuresJack criticizes aggressive ESG and net-zero policies in Western countries (Europe, US, UK) for:Pushing energy transition too fast without viable alternativesCreating energy cost disparities (California diesel at $7.80 vs. Texas at $5.05)Leaving economies still dependent on fossil fuels while discouraging investmentEurope's particular vulnerability without Russian gas supplies4. Geopolitical Oil & Gas CompetitionThe discussion covers strategic energy moves:Saudi Arabia successfully pivoting to sell oil to China via alternative routesIran losing market share to Saudi competitionQatar damaged (LNG facility attacked in February) and now a loser in the energy gameUAE protecting infrastructure with protective cages against drone attacksIraq emerging as a potential winner with US investment in pipelines5. Canada-US Energy Relations & TariffsJack analyzes Trump's tariff strategy:20% of Canadian goods hit with 50% tariffs, but oil and gas exemptedThis shows where real power lies – the US needs Canadian heavy oil for refineries9 out of 10 Canadian oil barrels go to the USCanada now exploring Chinese markets but facing low volumes and unfavorable pricingMost Canadian oil/gas infrastructure is US-owned, limiting Canadian control6. Commodity Inflation & Investment OpportunitiesThe podcast identifies interconnected commodity pressures:Copper shortage – data centers need metals; demand exceeds productionDiesel scarcity – affects mining, farming, and all transportationFood crisis – Ukraine/Russia supply disruptions + El Niño in South AmericaInvestment thesis: Companies at supply chain bottlenecks (refineries, pipeline builders, copper producers) will see gains7. Defense & AI Sector DemandEmerging demand drivers:Defense spending increasing due to fragmented global conflictsAI data centers requiring massive energy (US focusing on gas, not renewables)Both sectors driving metals and energy demand simultaneously8. Europe's Declining PositionConcerns about Europe's future:De-industrialization and closer ties to ChinaWeak energy independence without Russian gasSlower reshoring of critical minerals compared to the USPolitical instability preventing coherent energy policyBottom Line: The podcast paints a picture of a world facing simultaneous supply chain breakdowns, geopolitical energy competition, policy-driven energy shortages, and emerging commodity super-cycles—all creating both risks and investment opportunities for those who understand the interconnected nature of global energy and commodities markets.A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

Meet Eric Conroy, running for Congress in Ohio. In this episode of the Energy News Beat podcast, host Stu Turley sits down with Eric Conroy, an ex-CIA case officer and U.S. Air Force veteran running for Congress in Ohio's District 1. With over 14 years of combined service in military intelligence and covert operations across war zones in Iraq, Afghanistan, and Eastern Europe, Conroy brings a unique perspective to his campaign for a competitive House seat in the Cincinnati area. The conversation covers his path to public service, his recent endorsement from President Trump, and his vision for addressing critical issues facing Southwest Ohio—from election integrity and energy policy to economic competitiveness and congressional reform. Throughout the discussion, Conroy emphasizes the importance of affordable domestic energy, strong infrastructure, and bringing fresh leadership to Capitol Hill, while Turley probes his positions on oil and gas drilling, term limits, and how he plans to approach legislation as a common-sense conservative alternative to the incumbent.Reach out to Eric on his Website and donate - we need all of our great American First Vets winning and doing what is right for the American people. https://ericconroy.com/1. Congressional Campaign & Political BackgroundEric Conroy discusses his campaign for Congress in Ohio District 1 (Cincinnati area), which is a competitive 53% Republican district. He emphasizes the importance of this seat in potentially determining House control and introduces his opposition to incumbent Greg Landsman, whom he characterizes as a "radical leftist."2. Military & Intelligence ServiceConroy shares his extensive background as a 7-year Air Force intelligence officer (working in special operations) and 7-year CIA case officer. He discusses his deployments to Iraq, Afghanistan, Okinawa, Japan, and Eastern Europe, where his role involved recruiting sources in war zones.3. Election Integrity & Voting SecurityA significant portion focuses on election security, including the SAVE Act and voter ID requirements. Conroy highlights that over 70% of Americans (including Democrats) support voter ID laws, and criticizes the inconsistency of requiring IDs for shopping but not voting.4. Energy Policy & Oil & Gas DrillingThis is a central theme given the podcast's focus. Conroy strongly advocates for:Domestic oil and gas drilling as critical to economic competitivenessCheap, affordable energy as essential for manufacturing and economic successLong-term energy planning combined with short-term economic reliefForeign policy considerations related to energy security (Venezuela, Iran, Iraq)5. Economic Policy & Domestic IssuesDiscussion includes tax cuts, regulatory streamlining, small business support, and infrastructure development—particularly relevant to Ohio's role as a logistics hub.6. Congressional Committee PrioritiesConroy expresses interest in serving on committees focused on small business and transportation/infrastructure, reflecting Ohio's economic needs.7. Term Limits & Congressional ReformHe advocates for term limits to bring fresh ideas to Congress and criticizes career politicians who remain in office too long or use their positions for personal financial gain.8. Voter Engagement & Civic ParticipationThe podcast emphasizes the importance of informed, educated citizens voting and participating in democracy, particularly appealing to veterans and patriotic Americans.A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

Welcome to the Energy News Beat podcast, where hosts Stu Turley and Rey Trevino (Pecos Operating) break down nine major stories shaping the global energy landscape. In this episode, they explore how oil and diesel markets are adapting to geopolitical disruptions—from Saudi Arabia's innovative shuttle tanker routes around the Houthis to China's strategic pivot toward Saudi oil. The conversation reveals critical vulnerabilities in America's energy infrastructure: record-low diesel inventories threatening supply chains, California's regulatory stranglehold driving operators away, and alarming grid security threats from Chinese equipment. Against this backdrop, the hosts examine how energy security intersects with food production, national defense, and economic stability, while highlighting President Trump's executive orders aimed at protecting the U.S. power grid. Whether you're an energy professional, investor, or concerned citizen, this episode delivers essential insights into why energy independence, refining capacity, and grid resilience have never been more critical to America's future.1. Oil Supply Routes & Geopolitical DisruptionsThe hosts discuss how Saudi Arabia is using shuttle tankers to route oil around the Houthis and Strait of Hormuz blockades, finding alternative paths to market via the Red Sea and Persian Gulf. This reflects how oil adapts to obstacles, similar to the Jurassic Park reference about nature finding a way.2. Diesel Crisis & Fuel Inventory ShortagesA critical focus is the impending diesel shortage in the U.S. Despite crude oil availability, diesel inventories are at record lows (down 2.2 million barrels). The hosts explain that refineries operating at 97% capacity are struggling to meet demand, and diesel prices continue rising even as gasoline stabilizes—a concerning trend since all consumer products rely on diesel for transport.3. China's Oil Strategy & Economic WarfareDiscussion of China buying large quantities of Saudi oil (replacing Iran as their supplier) and how U.S. sanctions on Venezuela and Iran are forcing China to pay full price instead of getting discounted oil, representing an economic war strategy.4. California's Energy CrisisThe podcast highlights California's severe energy problems: gasoline at $7.04/gallon vs. $5.65 in Texas, refining costs of $15/barrel vs. $5 in Texas, and how California was previously dependent on Venezuelan oil through China. The hosts criticize California's regulatory environment, noting that operators find it easier to work in Venezuela than California.5. Grid Security & Chinese Equipment ThreatsPresident Trump's executive order (14420) to remove Chinese grid equipment and secure the U.S. bulk power system is praised as essential protection against cyber attacks. The hosts emphasize the national security risk of using cheap Chinese components in critical infrastructure, citing examples like the UK's security drone boat sending data to China.6. UK Grid Vulnerabilities & Blackout WarningsCatherine Porter's warnings about the UK grid under net zero stress are discussed, with the UK issuing alerts about potential blackouts. The hosts contrast this with Texas's stable grid, which has avoided rolling blackouts thanks to natural gas production.7. Global Food Crisis & Fertilizer ShortageJP Morgan's warning of a looming global food crisis is highlighted, driven by the Ukraine-Russia war disrupting 27% of global grain exports. The connection between energy (oil/gas for fertilizer production and food transport) and food security is emphasized.8. California Tire RegulationsDiscussion of new California tire regulations that would eliminate low-cost tire options and increase prices by 15-20%, exemplifying government overreach that's driving businesses and people away from California to Texas.9. Energy Industry Sponsorships & ResourcesThe hosts promote various energy sector sponsors and tools: Pecos Operating, Data Squared (AI validation), Well Database, and Reese Energy Consulting, emphasizing the importance of quality reach and industry partnerships.Overall Theme: The podcast emphasizes how energy security, geopolitical strategy, and regulatory policy are interconnected, with the U.S. needing to strengthen domestic energy production, grid security, and refining capacity while avoiding California-style overregulation.All stories are on Energy News Beat https://energynewsbeat.co/1.Oil Will Find a Way2.Jeff Currie Dropping the Truth on CNBC3.The Impending Diesel Crisis and Its Impact on the United States4.Diesel Hits New Highs in Price, and Lows in Inventory5.White House Declares National Emergency to Secure the U.S. Bulk-Power System – Will We See If Chinese Grid Equipment Is Removed?6.Kathryn Porter sounds the practical alarm on the UK Grid7.JPMorgan Warns of Global Food Crisis Looming Next Year8.Dunlop Tires North America CEO Darren Thomas holds press conference on new rules for California9.A Tribute to Steve Reese: Oklahoma’s Steady Voice for Energy SanityA shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

Welcome to the Energy Newsbeat, where host Stu Turley breaks down the ten most critical energy stories shaping global markets and infrastructure. In this episode, we explore a landscape marked by unprecedented challenges and opportunities: from the alarming vulnerability of the U.S. power grid to coordinated cyberattacks, to Iraq's aggressive push to double oil production and reshape Middle Eastern energy politics. As geopolitical tensions escalate—with Ukraine striking Russian refineries and the U.S. tightening sanctions on Iran—the global energy market faces historic supply constraints, record-high refining margins, and tanker costs that are reshaping fuel prices worldwide. Meanwhile, the explosive growth of AI data centers is creating a power demand crisis that threatens to overwhelm manufacturing capacity for years to come. This episode examines how these interconnected forces—from grid security and sanctions effectiveness to renewable energy policy and oil market dynamics—are fundamentally transforming the energy landscape and what it means for consumers, investors, and national security.1. U.S. Grid Vulnerability & Blackout RiskThe host discusses the critical vulnerability of the U.S. power grid to coordinated attacks on substations. Former FERC chairman John Wellinghoff warned that targeting just nine key substations could cause an 18-month nationwide blackout, potentially affecting millions. The episode emphasizes the importance of backup power systems and preparedness.2. Iraq's Oil Production Expansion & OPEC DynamicsIraq is aggressively pursuing plans to double its oil production capacity to 8-10 million barrels per day, with major oil companies (Chevron, Exxon, BP) securing new contracts. The discussion explores whether OPEC will allow this expansion and how Iraq is building export routes through Turkey to bypass the Strait of Hormuz.3. Sanctions on Iran & Their EffectivenessThe episode covers U.S. Treasury Secretary Bessen's sanctions strategy against Iran, examining whether sanctions are effectively constraining Iran's oil exports. Evidence shows Iran's exports have collapsed from 1.8-2.1 million barrels per day to near zero, though Iran is finding workarounds using land-based truck transport.4. Drone Threats to Oil InfrastructureThe UAE has installed massive metal cage structures over oil storage tanks in Abu Dhabi for anti-drone protection—a response to increasing drone strikes on energy infrastructure in the Ukraine-Russia conflict. This reflects how modern warfare is changing energy security.5. Ukraine's Strikes on Russian RefineriesUkraine has successfully struck major Russian refineries, including the Lukoil refinery in Perm, degrading Russia's refining capacity and military fuel supply. This has significant global oil market implications.6. Diesel Supply Shortages & Crack SpreadsHedge funds are reducing bearish bets on European diesel, signaling expected fuel supply shortages. U.S. crack spreads (the profit margin for refining) have hit record highs at $102 per barrel, driven by tight inventories and high tanker costs—not refinery gouging.7. AI Data Center Power Demand CrisisGE Vernova's gas turbine backlog has hit 116 gigawatts with delivery delays until 2031. The episode explores how AI data centers' massive power appetite is creating a manufacturing bottleneck, forcing companies to "bring your own power" (BYOP) solutions.8. Floating Offshore Wind Farms in BritainThe UK is moving to expensive floating offshore wind farms with 200 new turbines and 300-400 kilometers of cables. The host argues this approach will increase energy costs and require natural gas backup, contradicting net-zero goals.9. Winter Gasoline Waiver & Ethanol PolicyThe Trump administration issued an emergency waiver allowing early transition to winter-grade gasoline to help curb prices. The host advocates for eliminating ethanol mandates, arguing it wastes energy and increases consumer costs.10. Venezuela Oil Rig RestartSchlumberger (SLB) is preparing to restart 15 idle oil rigs in Venezuela to ease drilling bottlenecks, though Venezuela faces energy constraints that complicate operations.Overarching Theme: The podcast emphasizes that global energy markets are tight, oil and gas remain essential long-term, and geopolitical factors (sanctions, conflicts, infrastructure attacks) are reshaping energy supply chains and prices.1.What if 9 Substations were Targeted on the US Grid? Would Jon Wellinghoff’s Prediction of an 18-Month US Grid Blackout Happen?2.Will Iraq leave OPEC, or will OPEC allow Iraq to double exports within six years?3.Will Choking Iran’s Economy End the War, or Are They Too Resilient?4.UAE Cageing Up Their Oil Storage for Anti-Drone Protection5.Ukraine Hits Lukoil Refinery. How Degraded is the Russian Refinery Capacity?6.Hedge Funds Cut Bearish Bets on European Diesel to Two-Year Low7.GE Vernova’s Gas Turbine Backlog Hits 116 GW. What Does This Mean for the AI Market?8.Britain Doubles Down on Wind by Moving to Floating Wind Farms for More Expensive Energy9.US Allows Early Sales of Winter Gasoline to Help Curb Prices10.SLB Prepares to Restart 15 Oil Rigs in VenezuelaA shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/

JPMorgan's stark warning about 2027 blackouts is spurring a 28% surge in home battery installations—and it's reshaping how Americans think about energy security. Steven Wang, CEO of Jackery Americas, stops by the Energy News Beat podcast.The United States faces an unprecedented energy challenge. Electricity demand is surging at a pace the nation's grid infrastructure simply cannot match. JPMorgan Chase recently issued a dire warning: rolling blackouts are coming to America by 2027. But unlike previous energy crises that left consumers helpless, a quiet revolution is underway in garages and basements across the country—one that's putting power literally back into people's hands.The numbers tell the story. Home battery installations surged 28% year-on-year in the first quarter of 2026, a remarkable growth rate that defies conventional wisdom. This isn't happening because of government mandates or renewable energy subsidies—in fact, it's accelerating after those subsidies began phasing out. Instead, Americans are waking up to a simple reality: energy security starts at home.https://www.jackery.com/Why Now?The convergence of three forces is driving this shift. First, grid instability is no longer a theoretical concern—it's a lived experience. Natural disasters, wildfires, and typhoons are causing increasingly frequent blackouts. Second, electricity costs are climbing, making backup power economically rational even for middle-class households. A single blackout that spoils a refrigerator's worth of food can pay for a home battery system. Third, the technology has finally matured. Modern power stations are reliable, safe, and genuinely user-friendly—no engineering degree required.Beyond Tesla: The Untapped MarketWhile Tesla's Powerwall has become synonymous with home energy storage, it's designed for larger homes (1,200-3,000 square feet) and carries a premium price tag comparable to a car. This leaves vast segments of the market underserved: apartment dwellers, renters, owners of smaller homes, and those seeking affordable backup for critical appliances.Companies like Jackery are filling this gap with innovative solutions. Their "Fridge Guard" product, for example, offers apartment residents their first real option for permanent backup power—something that was literally impossible just years ago. At $600-$1,000 per unit, multiple units can be deployed throughout a living space for under $2,000, providing comprehensive home backup power.A Global Problem Demands Global SolutionsThis isn't an American problem alone. Brazil, one of the world's most populous nations, faces even worse blackouts than the US. In parts of Africa, grid operators simply shut off power at predetermined times each day. Geopolitical instability is compounding these challenges worldwide. As battery costs continue their dramatic decline—dropping from nearly $1,000 per kilowatt-hour five years ago to just over $500 today—distributed energy storage is becoming economically viable in developing nations too.The Grid Gets SmarterPerhaps most intriguingly, home battery systems are evolving from individual backup solutions into a distributed network that can actually help the grid. Innovative programs like Jackery's partnership with Con Edison in New York demonstrate this potential. Consumers receive free power stations and subsidized electricity in exchange for allowing utilities to draw power during peak demand hours. During scorching summer days when everyone's air conditioning strains the grid, these home batteries discharge to the grid, preventing blackouts and reducing the need for expensive grid expansion.This is peak shaving—and it's a win-win. Utilities get demand flexibility without building new infrastructure. Consumers get free or cheap backup power. The grid becomes more resilient.What Comes NextThe next decade will be defined by three priorities: affordable self-sustainability (off-grid living for the masses), universal backup power (especially for underserved markets), and grid-scale peak shaving (turning millions of home batteries into a virtual power plant).The 2027 blackout warning isn't a death knell—it's a wake-up call. And Americans are answering it, one home battery at a time. The question is no longer whether you need backup power. It's how soon you'll install it.This podcast is with Steven Wang, CEO of Jackery Americas, on the Energy Newsbeat podcast, discussing the convergence of grid instability, technological maturity, and economic incentives driving the home energy storage revolution.We cover how Stu has been using Jackery products for years, and they are not only rock-solid; they can also save lives and money. A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/