The Energy Question

Make no mistake, Doomberg is a national treasure. I have thoroughly enjoyed my podcasts with him, and his Substack is worth every penny. The last time Doomberg was on the podcast, we had Chris Wright, our new Secretary of Energy, on the panel.This podcast is also going out on David Blackmon’s Substack and podcast channels, and he had some fantastic points and questions for Doomberg.Thank you both for your energy, leadership, and your time – StuCheck out Doomberg on his Substack at https://newsletter.doomberg.com/Check out the transcript on our Substack here: https://theenergynewsbeat.substack.com/p/doomberg-on-the-oil-and-gas-marketsHighlights of the Podcast00:00 – Introduction03:00 – California’s Refining Crisis08:30 – California Politics & Oil13:20 – Trump’s Energy Team17:40 – OPEC’s Decline & Co-Product Economics23:00 – Oil Price Volatility & Strategy26:30 – NGLs & Changing Energy Definitions33:00 – Permian, Consolidation & Costs36:00 – Breakevens and Co-Product Economics39:00 – LNG, Natural Gas, and Arbitrage45:00 – LNG Tankers, Jones Act, and Energy Exports49:00 – $50 Oil as Geopolitical Strategy53:00 – Russia, NATO & War Risks57:00 – Canada, Trump, and Final Thoughts 

Join David Blackmon as he interviews Lewis Black, CEO of Almonty Resources, in a compelling discussion on the global importance of tungsten, the challenges of building critical mineral supply chains in democratic nations, and why Almonty is relocating to the U.S. to support national defense. From China's dominance in raw materials to the strategic future of Western industry, this short but powerful conversation explores the intersection of geopolitics, mining, and innovation.Highlights of the Podcast01:00 - Introduction & Almonty Overview03:09 - Tungsten's Strategic Importance04:39 - Move to the U.S. & National Security Considerations09:11 - China's Role in the Tungsten Supply Chain10:42 - Challenges of Developing the Korean Mine13:15 - U.S.-China Tariffs & Global Trade Implications18:04 - Western Withdrawal from Mining & Chinese Commercial Strategy25:57 - Commodity Price Outlook & China's Market Tactics28:31 - Timeline & Strategic Reasons for U.S. Relocation

In this episode of Energy Impacts with David Blackmon, David Blackmon speaks with Philip Goldberg of the Manufacturers Accountability Project about the growing wave of climate lawsuits against energy companies. They discuss the legal and economic implications, the role of federal vs. state regulations, and how these lawsuits could impact manufacturing, jobs, and consumer costs. Tune in to understand why both sides of the political aisle see fundamental flaws in this litigation strategy.Highlights of the Podcast00:14 – Podcast Relaunch & Guest Introduction01:42 – The Rise of Climate Lawfare02:18 – Background of the Manufacturers Accountability Project (MAP)04:07 – Impact of Litigation on Businesses05:46 – Are These Lawsuits Effective?06:51 – The Real Goal of These Lawsuits10:46 – History of Climate Lawsuits13:27 – Shifting Legal Strategies15:04 – Endgame: Will These Lawsuits Ever Stop?19:27 – The Supreme Court & Legal Challenges23:13 – Impact on the Manufacturing Sector26:08 – Future of Climate Litigation & Public Involvement27:25 – Closing Remarks & Acknowledgments

In a recent interview, David Blackmon spoke with Juan Arteaga, a senior analyst at Enverus Intelligence Research, about a pivotal report on future demand for generation capacity in the U.S. power grids. Arteaga discussed the discrepancy between Enverus's forecast and Ercot's projections, revealing that their analysis predicts a more modest increase in peak load demand compared to Ercot. Arteaga explained that their approach involves detailed modeling of various load drivers, including behind-the-meter solar and data centers, to provide a more accurate and transparent forecast.The conversation also touched on the implications for Texas’s energy mix, highlighting a continued reliance on solar, batteries, and natural gas to meet future demand. Arteaga emphasized that their machine learning models forecast significant growth in solar and battery capacity but acknowledge that natural gas will still play a crucial role due to its reliability and dispatchability. The interview concluded with a discussion on the importance of these insights for policymakers and the potential for future engagement to ensure accurate planning and decision-making in the energy sector.Highlights of the Podcast00:16 – Juan Arteaga’s Background01:01 – Overview of the Report05:15 – Ercot's Demand Forecast vs. Enverus Analysis08:47 – Explanation of Behind-the-Meter Solar10:53 – Data Centers and Power Generation13:30 – Future Energy Mix for Ercot14:10 – Machine Learning Model for Project Viability17:17 – Importance of the Report for Policymakers21:41 – Closing Remarks

In this engaging discussion, David Blackmon, Stu Turley, and special guest Larry Schweikert delve into a variety of topics ranging from recent historical events to the intricacies of the 2024 election. The conversation begins with a nostalgic reunion between David and Larry, touching on their shared belief in Trump's 2016 victory. Larry, praised as "America's history teacher," provides insights into the X-30 hypersonic jet simulator, the dynamics of the Democratic Party, and the significance of voter registration trends. They also explore the potential implications of Kamala Harris’s vice presidential candidacy and the challenges of switching candidates.As the discussion progresses, the focus shifts to more technical and political issues, including election logistics, media bias, and the financial impact of college sports on universities. Larry and David touch on the future of energy, with Larry expressing skepticism about green energy's immediate economic effects and predicting potential actions by Trump if re-elected. They conclude with a look at Europe's energy future, battery technology, and the impact of Elon Musk’s acquisition of Twitter on free speech. The conversation is rich with historical perspective, current affairs, and personal anecdotes, making for a thought-provoking dialogue.Highlights of the Podcast00:39 - Background on Larry Schweikert and his books.01:38 - Historical context and recent events.02:49 - Discussion on Joe Biden's presidency04:40 - X-30 research plane experience.06:02 - Electoral Insights and Predictions08:44 - Shifting Electoral Dynamics13:45 - Voter Registration Trends19:12 - Challenges with printing ballots and logistical issues.20:46 - Implications of early voting and deadlines.21:50 - Hypothetical scenarios with Biden and Harris.23:06 - Media and election structures.28:07 - Impact of journalism schools.29:50 - Journalistic standards over time.32:02 - Media's role in historical events.33:45 - University influence on media and society.35:30 - Sports trivia and Larry's academic experiences at ASU.37:39 - Issues faced by student-athletes and financial instability.39:01 - Political predictions and energy policies.44:15 - Elon Musk and the impact on free speech.45:18 - Europe's energy future and green energy debates.46:30 - Future of the automotive industry and fuel alternatives.48:36 - Personal car stories and nostalgia for muscle cars.50:55 - Closing remarks and plans for future discussions.

Angela Wilkinson, Secretary General of the World Energy Council, emphasized the importance of a systems thinking approach, noting that these transitions are multifaceted and involve significant societal changes. She highlighted the necessity of collaboration and practical action, pointing out the differing approaches between the U.S. and Europe in addressing energy challenges. Dr. Wilkinson stressed that energy transitions are not merely about replacing technologies but require a deep understanding of socio-economic contexts and overcoming social opposition to achieve progress.Concerns were raised about the feasibility of energy transitions within democratic societies, with critiques of certain energy policies as authoritarian and calls for nuclear energy as a sustainable solution. Dr. Wilkinson responded by advocating for an inclusive approach considering diverse regional needs and the importance of managing energy transitions across generations. Using the metaphor of the "Energy Olympics," she illustrated the need for sustained, intergenerational effort and diverse capabilities to achieve successful energy transitions.Highlights of the Podcast00:47 - Purpose of the World Energy Council04:01 - Challenges in Energy Transition08:06 - Role of the International Energy Agency (IEA)13:01 - System Costs and Social Challenges in Energy Transition16:17 - Realism of Energy Transition18:15 - Future Projections and Practical Action19:04 - Oil and Gas Decarbonization20:20 - Energy Transition Challenges in Democratic Societies22:42 - Comparing US and European Approaches24:20 - Licensing Delays and Property Rights25:12 - Adapting to Climate Change Realities28:03 - Energy Transition as an Olympic Pentathlon Relay29:34 - Closing Remarks

 A seasoned expert in the oil and gas industry, Armando Cavanha, discusses Brazil's energy landscape, the impact of political tensions on energy projects, and the challenges of attracting foreign investment. The conversation highlights Petrobras's pivotal role in offshore ventures and explores the complexities of the energy transition, emphasizing the indispensable role of oil alongside renewable energy sources.The discussion extends to Brazil's natural gas needs, the significance of hydropower, and the burgeoning electric vehicle market influenced by Chinese imports. Armando also sheds light on Brazil's ethanol and biofuel programs, underscoring their importance in the nation's energy mix. The episode delves into the global trade implications, the environmental impact of exporting polluting industries, and the current political climate in the United States, revealing the critical intersection of energy policies and geopolitical developments. This thought-provoking dialogue offers a comprehensive look at the future of energy in Brazil and beyond.Highlights of the Podcast00:09 - Introduction and Guest Background01:14 - Political Tensions Impacting Energy Projects02:03 - Brazil's Natural Gas Needs and Sources03:40 - Challenges of Investment in Brazil06:21 - Success of Petrobras in Offshore Investments08:25 - Energy Transition and Irreplaceable Oil08:37 - Main Uses of Natural Gas in Brazil12:35 - BRICs Alliance and China's Influence15:28 - Electric Vehicle Market in Brazil17:00 - Ethanol and Biofuels in Brazil18:21 - Global Trade and Emissions19:38 - US Political Climate and Energy Policies26:12 - Conclusion and Future Discussions

In this episode of The Energy Question, David Blackmon talks with Iowa Congressman Zach Nunn about the state of play related to this year's elections, along with national security and energy policy in the nation's capital. A sixth generation Iowan, Cong. Nunn was raised in a family of public school teachers, nurses, and farmers. While growing up, Zach helped out on his family’s Century family farm raising sheep, poultry and growing row crop. He was raised on Des Moines’ east side and went to Southeast Polk High School before attending Drake University. He went on to get master’s degrees from the Air Command and Staff College and the University of Cambridge.Zach served our country for almost two decades in the United States Air Force. As an airborne intelligence officer, Zach flew recon missions off the coasts of Russia and China. After 9/11, he deployed three times to the Middle East and flew over 700 combat hours. He served as Director of Cybersecurity at the White House’s National Security Council combating cyber-attacks from foreign adversaries. Zach currently serves as a Colonel in the U.S. Air Force Reserve.Following his active duty military service, Zach served in the Iowa House of Representatives and the Iowa Senate. While working in the state legislature, he helped pass the state’s largest tax cuts three times over, growing Iowa’s economy and putting more money back into the pockets of Iowans.  In Congress, Zach continues to be a pragmatic problem-solver pushing common-sense policies to benefit Iowans in all 21 counties he has the honor of representing. He serves on the House Financial Services Committee and the House Agriculture Committee where he is bringing Iowa’s big voice in the insurance industry and agricultural industry to our nation’s capital. Nunn also serves on the General Farm Commodities, Risk Management and Credit subcommittee and the Commodity Markets, Digital Assets and Rural development subcommittee.  Zach is honored to call Bondurant his home and is happily married to wife Kelly and dad of six kids, two of which are adopted.Enjoy!Highlights of the Podcast00:30 - Congressman's Background and Greeting00:59 - Congressman's Roles and Responsibilities02:18 - Cybersecurity Threats and National Defense03:22 - Legislation and Bipartisan Support05:31 - Daily Briefing at the White House08:22 - Supply Chain and Critical Infrastructure10:40 - China's Influence and Rare Earth Minerals13:57 - Rare Earth Resource Discoveries14:43 - China's Market Manipulation16:38 - LNG Infrastructure and Russia20:08 - Iowa's Political Landscape23:10 - Impact of California and New York Residents Moving to Iowa

In this episode of The Energy Question, David Blackmon interviews the visionary former CEO of Burlington Resources, Bobby Shackouls. Bobby took over as CEO of BR in the mid-1990s, assuming command of a large independent producer that had struggled financially the previous two years. By 2005, Shackouls and his team had built BR into a $32 billion enterprise whose management philosophy related to cost control and capital discipline remains one of the dominant models in the industry today. That list notably includes Travis Stice, the current CEO at Permian Basin giant Diamondback Energy.David worked for Shackouls and BR through the duration of his time as CEO, until the company was bought by ConocoPhillips in a deal that closed in May, 2006. Since retiring from BR, Shackouls has maintained a keen interest in current events and continues to advocate as a voice of sanity on energy policy and climate alarmism.Enjoy this discussion.Highlights of the Podcast00:09 - Introduction and Background02:15 - Transition to ConocoPhillips04:03 - Leadership and Management Philosophy06:36 - Challenges in the Energy Industry09:40 - Capital Discipline and Industry Evolution11:57 - Oil Industry Health13:29 - Climate Change Concerns14:56 - Global Energy Usage17:18 - Vehicle Preferences19:00 - Political Knowledge21:48 - Regulatory Impact23:25 - Generational Views

In Episode 103 of" The Energy Question" David Blackmon interviews Jerry Greenwich about the hidden mechanisms of innovation and their implications for the energy sector. They discuss how current advancements often involve refining old technologies rather than groundbreaking inventions, with examples like electric vehicles and renewable energy sources. Jerry emphasizes the need for deep, sustained thinking and experimentation—what he calls the forward plane—to achieve true innovation in energy generation, storage, and distribution.Jerry also highlights the importance of recognizing the moral and ideological dimensions influencing energy policy and innovation. His book, "First Invisible, Then Obvious," offers a framework for fostering creativity and long-term investment to tackle complex problems in energy and beyond. This conversation sheds light on how we can cultivate these abilities to drive meaningful progress.For a thought-provoking discussion on technology, energy, and policy, tune in to hear Jerry's insights and expertise.Highlights of the Podcast01:08 - Jerry Greenwich's background03:46 - First invisible Then Obvious 08:07 - Little thing of fourth plane and generation 08:36 - Back Plane09:50 - Creation of This Forward Plane Type Thing 10:42 - The experience in my own life13:24 - The Forward Plane building activity 14:34 - Representation, Precedes, Comprehension 16:42 - The Hungry Don't Get Fed 17:35 - Creativity and Innovation 20:22 - What's going on in the energy space 24:45 - Dumb Data28:26 - About Papyrus 31:16 - The writing system and the writing medium33:54 - The initial premise of principle dynamic processes 35:35 - Social Message37:16 - The emotional side of things 40:12 - The Civil Servants43:02 - When you spend money like a Drunken Sailor45:09 - The Overton Window49:33 - The abiotic story of oil52:02 - The ideas in the book