$100 Oil Soon?
Channel: Energy News Beat
Date: 2024-04-09

Episode #347 - Dimon Slams Oil Halt, $100 Oil Odds Climb, Exxon's UK Plans and Merger Delayed

Please see the links below or articles that we discuss in the podcast.

Dimon Calls Push to Stop All Oil and Gas Enormously Naïve
https://energynewsbeat.co/dimon-calls-push-to-stop-all-oil-and-gas-enormously-naive/

Environmentalists Suing to Shut Down Power Plant Providing 9% of California’s Power
https://energynewsbeat.co/environmentalists-suing-to-shut-down-power-plant-providing-9-of-californias-power/

The Odds of $100 Oil Are Rising as Supply Shocks Convulse the Market
https://energynewsbeat.co/the-odds-of-100-oil-are-rising-as-supply-shocks-convulse-the-market/

Exxon’s Expanded UK Refinery to Supply First Diesel in Early 2025
https://energynewsbeat.co/exxons-expanded-uk-refinery-to-supply-first-diesel-in-early-2025/

Global Elites have no master plan to replace crude oil other than lining their wallets!
https://energynewsbeat.co/global-elites-have-no-master-plan-to-replace-crude-oil-other-than-lining-their-wallets/

Chesapeake, Southwestern delay merger closing after FTC seeks more information
https://energynewsbeat.co/chesapeake-southwestern-delay-merger-closing-after-ftc-seeks-more-information/

In this episode of the Energy News Beat Daily Standup, the hosts,Michael Tanner and Stuart Turley cover several headlines related to the energy and oil markets. Jamie Dimon's call to halt all oil and gas projects is discussed, with Stuart expressing skepticism and concern about its impact on energy security. They also talk about environmentalists suing to shut down a power plant in California, highlighting the importance of such facilities for maintaining reliable electricity supply. The likelihood of $100 oil is discussed in light of supply shocks affecting the market, including Mexico's decision to reduce crude exports. Exxon's plans to expand a UK refinery to produce diesel by 2025 are seen as a smart move, with potential for future adaptation to produce sustainable aviation fuel. Lastly, Ronald Stein's perspective on the indispensable role of crude oil in modern society is discussed, emphasizing its significance in various products and industries beyond just energy production. Additionally, they touch on delays in the Chesapeake-Southwestern merger due to increased scrutiny from regulators. Throughout the discussion, they provide analysis and commentary on the implications of these developments for the energy industry.

#Dimon #OilSlam #OilMarket #ExxonPlans #GlobalElites
#MergerDelay #EnergyNews #CaliforniaPower #CrudeOil #FTC

Highlights of the Podcast

00:00 - Intro
01:35 - Dimon Calls Push to Stop All Oil and Gas Enormously Naïve
03:57 - Environmentalists Suing to Shut Down Power Plant Providing 9% of California’s Power
05:54 - The Odds of $100 Oil Are Rising as Supply Shocks Convulse the Market
08:16 - Exxon’s Expanded UK Refinery to Supply First Diesel in Early 2025
10:02 - Global Elites have no master plan to replace crude oil other than lining their wallets!
13:32 - Markets Update
16:10 - Chesapeake, Southwestern delay merger closing after FTC seeks more information
18:02 - Outro

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