The cost of keeping the lights on

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Recorded16 Apr 2026

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Show notes

Power utilities plan to spend $1.4 trillion over the next five years on capital projects. A lot of that boils down to grid maintenance and projects to support additional power generation. That’s a 21% increase over what utilities were planning to spend a year ago — and it could drive up household utility bills. Then, it’s been a little over three months since the capture of Venezuelan President Nicolás Maduro. How has Venezuela's oil industry changed since?

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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