In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley, CEO of Sandstone Group, emphasizes the importance of the upcoming November elections and highlights several key stories. He discusses President Biden's plan to release oil from strategic reserves to lower gas prices, the bankruptcy of EV maker Fisker, a Senate bill promoting nuclear power, a lawsuit by three states against a $7 billion decommissioning rule, and Putin's trade security pledge with North Korea. Turley stresses the geopolitical implications of these issues and the need for balanced energy policies while urging audience engagement and awareness.
Highlights of the Podcast
00:00 - Intro
02:43 - Joe Biden Plans to Use Oil Reserves to Artificially Lower Gas Prices Before the November Election
04:36 - Fisker Files for Bankruptcy as Troubles Mount for EV Makers
05:48 - Senate set to send nuclear power boost to Biden’s desk
07:05 - Three states sue US to block $7bn decommissioning payments rule
08:56 - Putin vows trade, security with North Korea beyond reach of West
11:39 - Outro
Please see the links below or articles that we discuss in the podcast.
Joe Biden Plans to Use Oil Reserves to Artificially Lower Gas Prices Before the November Election
Joe Biden plans to deplete the U.S. oil reserves to artificially lower gas prices just months before the presidential election. When Biden took office in January 2021, the nationwide average gas price was $2.39 per […]
Fisker Files for Bankruptcy as Troubles Mount for EV Makers
Electric vehicle manufacturer Fisker Group Inc said on Tuesday it had filed for Chapter 11 protection in the District of Delaware, one year after launching its first model, as market and macroeconomic headwinds led to a lot […]
Senate set to send nuclear power boost to Biden’s desk
The bipartisan bill is seen as a win for the nuclear power industry — making it quicker and less expensive to build them. The legislation seeks to reduce fees for companies that are proposing to build nuclear reactors and […]
Three states sue US to block $7bn decommissioning payments rule
Louisiana, Texas, and Mississippi have sued the US government to block the proposed rule set forth by the Biden administration requiring the offshore oil and gas industry to provide nearly $7bn in financial assurances to […]
Putin vows trade, security with North Korea beyond reach of West
ENB Pub Note: Reading about Puin’s visit to North Korea brings up some key points about the geopolitical landscape in the area. The Global Energy Monitor shown below has an excellent look at Japan, Russia, […]
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Biden to Raid Strategic Oil Reserve Dry