Doomberg – California In Crisis, and Global Oil and Gas Markets Update

Doomberg stops by the Energy News Beat and Energy Impacts podcast with Stu Turley and David Blackmon. We are going to cover some of Doomberg’s current articles, including the Energy Crisis in California, and the Global Oil and Gas market update. We were live on X, YouTube, and LinkedIn

 

The main topics and themes discussed in this podcast are:

1. The energy crisis in California:

– The transcript discusses the emerging energy crisis in California, particularly in Northern California. It highlights how the state’s regulatory policies have led to the closure of major refineries, creating a fuel supply shortage.

– The discussion covers the potential consequences of this crisis, including the possibility of $10 per gallon gasoline and the impact on the broader West Coast region.

– The transcript also touches on the national security implications of California’s energy dependence and the need for a more resilient energy infrastructure.

2. Politics and policy:

– The transcript delves into the political dynamics surrounding energy policy, including the potential impact of the SAVE Act on voter ID requirements and the role of the Republican and Democratic parties in Washington.

– It also discusses the implications of the removal of the EPA’s endangerment finding for CO2 and the potential for policy whiplash depending on the outcome of future elections.

– The discussion touches on the potential presidential ambitions of California Governor Gavin Newsom and the challenges he may face in the Democratic primary.

3. Energy markets and geopolitics:

– The transcript explores the EU’s “grid socialism” plan and its potential impact on energy prices and grid stability across Europe.

– It also discusses the potential implications of the EU’s proposed carbon border adjustment mechanism (CBAM) on US LNG exports and the geopolitical dynamics surrounding energy trade.

– The discussion includes an analysis of the Bloomberg article on a purported Russian memo seeking to rejoin the US dollar system, which the speaker dismisses as likely false.

4. Doomberg and media analysis:

– The transcript provides insights into the Doomberg brand, its approach to analysis and publishing, and its plans for expansion, including a forthcoming book project.

– It also touches on the challenges of being a media guest and the importance of maintaining brand consistency, particularly in relation to thumbnail images and headlines.

Overall, we cover a wide range of energy-related topics, with a focus on the interplay between policy, geopolitics, and market dynamics, as well as the role of media analysis and commentary in shaping the energy discourse.

 

For David Blackmon https://blackmon.substack.com/

It was great fun having Doomberg on the podcast with David Blackmon, and sadly, he is right about many things. The idea of Gavin Newsom being the next President is a tough point of discussion. The podcast hits some hard points, and if we don’t get the SAVE Act passed, all bets are off.

I will also be pushing out the Energy Realities that we recorded Live this morning this afternoon, and then we have two more fun interviews rolling this week.

Please let us know what you are thinking and which projects concern you.

A shout-out to Reese Energy Consulting for sponsoring the Energy News Beat podcast.

Thank you to all of our patrons, sponsors, and subscribers. You all are the reason we work so hard.