Peak Permian: Timing uncertain

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley discusses key energy industry updates on the Energy Newsbeat podcast, covering Norway's $1.5 billion investment in offshore wind, rising WTI oil prices driven by geopolitical tensions, and a U.S. federal judge blocking an offshore lease sale over endangered rice’s whales. He also explores peak Permian production and challenges in the oil sector, U.S. natural gas consumption records, and the future of LNG exports. The podcast highlights the impact of weather patterns on energy demand and anticipates upcoming political and economic shifts.Highlights of the Podcast00:00 - Intro01:35 - Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion03:08 - WTI Soars Nearly 3% on Trump’s Russia, Iran Threats04:02 - US federal judge blocks offshore lease sale over impact on Rice’s whales06:11 - Peak Permian Production – Is it near or is it past already?09:02 - U.S. natural gas consumption set new winter and summer monthly records in 202410:47 - OutroPlease see the links below or articles that we discuss in the podcast.Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 BillionWTI Soars Nearly 3% on Trump’s Russia, Iran ThreatsUS federal judge blocks offshore lease sale over impact on Rice’s whalesPeak Permian Production – Is it near or is it past already?U.S. natural gas consumption set new winter and summer monthly records in 2024Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –

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