Is Gavin Newsom the Next CEO of Chevron? – ENB Weekly Recap

23 Aug 2025 • 19 min • EN
19 min
00:00
19:03
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In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stuart Turley and Michael Tanner discuss a surprise solar stock rally following Trump's softened tax credit policy, the major implications of Trump’s move to open 82% of Alaska’s petroleum reserve, and the potential economic crisis brewing in Germany due to high energy costs and new tariffs. They also cover Civitas Resources' CEO ousting after poor stock performance post-$7B in acquisitions, and California Governor Gavin Newsom’s controversial shift toward Big Oil to avoid gas price spikes—raising doubts about his sincerity amid speculation he may run for president. The episode wraps up with insights into an impending oil supercycle due to underinvestment and rising demand. Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn: https://www.linkedin.com/in/stuturley/ and Twitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and Twitter: https://twitter.com/mtanner_1 Timestamps: 00:00 - Intro 00:13 - Solar Shares Rise as Trump Hit to Credits Softer Than Feared 02:26 - Trump Moves to Open 82% of Alaska’s Petroleum Reserve for Drilling 05:19 - Tariffs and Energy Costs Could Spark an Economic Crisis for Germany 07:33 - Civitas board bumps CEO Doyle, agrees to $435 million of asset sales 13:04 - Energy Transition Stalls as Oil Super-Cycle Risks Return 115:46 - Gavin Newsom Warms to Big Oil in Climate Reversal - But Can You Trust Him? 18:46 - Outro Links to articles discussed: Solar Shares Rise as Trump Hit to Credits Softer Than Feared Trump Moves to Open 82% of Alaska’s Petroleum Reserve for Drilling Tariffs and Energy Costs Could Spark an Economic Crisis for Germany Energy Transition Stalls as Oil Super-Cycle Risks Return Gavin Newsom Warms to Big Oil in Climate Reversal - But Can You Trust Him?

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