Electrifying Raises Consumer Costs

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss key global energy topics, including rising energy costs due to electrification, China’s increasing focus on resource security, Cuba’s blackout issues, and Russia's "dark fleet" oil shipments circumventing sanctions. They also touch on Iran’s efforts to bypass the Strait of Hormuz, U.S. crude production growth, and Exxon’s plan to sell part of its North Dakota Bakken assets. Geopolitical risks, especially in the Middle East, and oil market dynamics are highlighted throughout, emphasizing the complexities of global energy and politics. Highlights of the Podcast 00:00 - Intro 01:38 - Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again) 05:46 - China fortifies resource security with strategic mineral, energy reserve gains 07:10 - Cuba restores power to one-fifth of population after nationwide blackouts 09:03 - ‘Dark Fleet Oil Tanker Train’ Hauling Russian Crude To Indian Refineries Shows Ineffectiveness Of G7 Sanctions 11:49 - Iran Readies New Oil Outlet To Bypass the Strait of Hormuz 16:35 - Markets Update 20:05 - Rig Count Update 20:34 - Exxon seeks buyers for portion of assets in North Dakota’s Bakken shale 22:28 - Outro Please see the links below or articles that we discuss in the podcast. Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again)China fortifies resource security with strategic mineral, energy reserve gainsCuba restores power to one-fifth of population after nationwide blackouts‘Dark Fleet Oil Tanker Train’ Hauling Russian Crude To Indian Refineries Shows Ineffectiveness Of G7 SanctionsIran Readies New Oil Outlet To Bypass the Strait of HormuzOil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlookRig Count Overview & Summary Count – Baker HughesExxon seeks buyers for portion of assets in North Dakota’s Bakken shale Follow Stuart On LinkedIn and Twitter Follow Michael On LinkedIn and Twitter ENB Top News Energy Dashboard ENB Podcast ENB Substack ENB Trading Desk Oil & Gas Investing In 2024 – Get in Contact With The Show –