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Energy News Beat Podcast

Is Gavin Newsom the Next CEO of Chevron? – ENB Weekly Recap

23 Aug 2025

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In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stuart Turley and Michael Tanner discuss a surprise solar stock rally following Trump's softened tax credit policy, the major implications of Trump’s move to open 82% of Alaska’s petroleum reserve, and the potential economic crisis brewing in Germany due to high energy costs and new tariffs. They also cover Civitas Resources' CEO ousting after poor stock performance post-$7B in acquisitions, and California Governor Gavin Newsom’s controversial shift toward Big Oil to avoid gas price spikes—raising doubts about his sincerity amid speculation he may run for president. The episode wraps up with insights into an impending oil supercycle due to underinvestment and rising demand.Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio SurveyNeed Power For Your Data Center, Hospital, or Business?Follow Stuart On LinkedIn: https://www.linkedin.com/in/stuturley/ and Twitter: https://twitter.com/STUARTTURLEY16Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and Twitter: https://twitter.com/mtanner_1Timestamps:00:00 - Intro00:13 - Solar Shares Rise as Trump Hit to Credits Softer Than Feared02:26 - Trump Moves to Open 82% of Alaska’s Petroleum Reserve for Drilling05:19 - Tariffs and Energy Costs Could Spark an Economic Crisis for Germany07:33 - Civitas board bumps CEO Doyle, agrees to $435 million of asset sales13:04 - Energy Transition Stalls as Oil Super-Cycle Risks Return115:46 - Gavin Newsom Warms to Big Oil in Climate Reversal - But Can You Trust Him?18:46 - OutroLinks to articles discussed:Solar Shares Rise as Trump Hit to Credits Softer Than FearedTrump Moves to Open 82% of Alaska’s Petroleum Reserve for DrillingTariffs and Energy Costs Could Spark an Economic Crisis for GermanyEnergy Transition Stalls as Oil Super-Cycle Risks ReturnGavin Newsom Warms to Big Oil in Climate Reversal - But Can You Trust Him?

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