CA Has An Orphan well problem

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner covers key energy headlines for December 5, 2024, including China's ambitious plans to approve 100 nuclear reactors by 2035 to address air pollution and California's challenges with orphaned oil wells due to stringent regulations on abandonment costs. He highlights market updates, including a crude oil inventory draw and OPEC production cut deliberations, and discusses Crescent Energy's $905 million Eagle Ford acquisition. Tanner wraps up by noting upcoming solo shows from Florida and a Saturday weekly recap.Highlights of the Podcast00:00 - Intro00:54 - China Could Approve 100 New Nuclear Reactors by 203502:46 - Why No One Wants California’s Orphaned Oil Wells06:55 - Markets Update07:32 - EIA: Weekly Petroleum Status Report09:00 - Crescent Energy Announces Accretive Central Eagle Ford Bolt-On11:12 - OutroPlease see the links below or articles that we discuss in the podcast.China Could Approve 100 New Nuclear Reactors by 2035Why No One Wants California’s Orphaned Oil WellsFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

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