What Caused the MASSIVE Spain Blackout?!

In this episode of the Energy News Beat Daily Standup, the hosts, Stuart Turley and Michael Tanner discuss the recent widespread blackout affecting Spain, Portugal, and parts of France, speculating it could be linked to a cyber attack. They highlight the challenges of renewable energy reliance, emphasizing the instability of non-dispatchable power sources. The discussion moves to the geopolitical tension in Eastern Europe as the U.S. urges a split from the EU's energy transition aims, and California's steep decline in oil drilling permits is criticized. Finally, the hosts touch on the oil market, with concerns about the ongoing U.S.-China trade war and its potential impact on oil prices, despite some optimistic long-term views on oil and gas investments.Highlights of the Podcast 00:00 - Intro 01:37 - Spain and Portugal Hit by Widespread Blackout07:26 - US Urges Eastern Europe to Split From EU Energy Transition Aims09:17 - California’s New Oil Drilling Permits Drop From Thousands to Dozens per Year11:58 - Big Oil Could Trim Buybacks After Price Rout – But Oil and Gas is still a good investment17:53 - Markets Update19:54 - OutroPlease see the links below or articles that we discuss in the podcast.Spain and Portugal Hit by Widespread BlackoutUS Urges Eastern Europe to Split From EU Energy Transition AimsCalifornia’s New Oil Drilling Permits Drop From Thousands to Dozens per YearBig Oil Could Trim Buybacks After Price Rout – But Oil and Gas is still a good investmentFollow 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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