Capitol Crude: The US Energy Policy Podcast

An aborted rebellion by the Wagner mercenary group last month, although short-lived, highlighted potential political instability within the Kremlin and resurfaced energy security concerns after a softening of prices had allowed for some complacency among oil importers. Geopolitical experts have said it would be naïve to think the turmoil in Russia is over.

Claudio Galimberti, North America research director at Rystad Energy, joined the podcast to discuss the oil market’s response to the mutiny, what could come if further attacks to Russian President Vladimir Putin’s power materialize and how that could impact prices at the pump here in the US. He also shared lessons learned when past geopolitical events stressed major oil producing nations and gave his take on whether the Biden administration can curtail some of the supply-side risk and keep gasoline prices in check.

Stick around for Jeff Mower with the Market Minute, a look at near-term oil market drivers.

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Oil and gas production, transport and processing account for almost 15% of total energy-related greenhouse gas emissions globally, and the use of the oil and gas results in another 40% of emissions, according to the International Energy Agency. Powering upstream oil and gas facilities with low-emissions electricity is one way to cut emissions from the sector, the IEA said.

James Walker, CEO of Nano Nuclear Energy, and Jay Yu, founder and executive chairman of Nano Nuclear Energy, joined the podcast to discuss the possible use of micro reactors to reduce emissions in the oil and gas sector.

Stick around after the interview for Jeff Mower with the Market Minute, a near-term look at oil market drivers.

With this year’s elections barely in the rear-view mirror, the 2024 US elections are just one year away. Already, there are questions about how energy policy, climate change and prices at the pump will play into this election cycle.

Capitol Crude spoke with a Democratic and a Republican strategist for their take on these issues. Last week, Antjuan Seawright weighed in with the Democratic perspective. And this week, you will hear from Tom Hassenboehler, who discussed the GOP’s thinking.

Hassenboehler is a partner at CO2EFFICIENT, a Washington DC consultancy that specializes in energy and environmental policy. He joins the podcast to talk about the role that climate change and energy prices play in elections, and the chances that Republicans and Democrats can find common ground on energy issues.

Stick around after the interview for Starr Spencer with the Market Minute, a near-term look at oil market drivers.