’10 Years Left!’: CBS News Blasts Trump EPA’s Deregulatory Efforts In Doomsday Rant

Energy News Beat

ENB Pub Note: CBS and the other Main Stream Media outlets must understand physics and fiscal responsibility in energy. The left energy policies and pretending that “Climate Change” does not happen naturally or that CO2 is not plant food only focus on ending coal, oil, and gas. The problem is that “Renewable Wind, Solar, and Hydrogen” are not renewable, nor are they fiscally responsible. People are waking up to the world of facts, and physics needs to be applied. Too many climate scientists have used corrupt data to scare the global population into false fears of disasters. This will only continue to be their downfall. Lee Zeldin needs to go after the true pollution, and that will help the United States “Build baby Build”, as Chris Wright has said. 


CBS News criticized Trump EPA’s deregulation by going full doomsday, claiming it jeopardizes public health, clean air and water while causing pollution.

​During the “By the Way” segment on Friday’s CBS Mornings Plus, CBS environmental correspondent David Schechter decried the Trump Environmental Protection Agency (EPA) under Administrator Lee Zeldin by giving away the game on the climate alarmists by reupping a line that’s been deployed for at least five decades, which is we have “less than ten years” to save Earth from climate change. [emphasis, links added]

Co-host Adriana Diaz twice teased his appearance and spelled doom about what deregulation at the EPA would mean, ominously wondering “what” the “big changes at the EPA” “could cost you” as the “administration…mak[es] good on the President’s campaign promise to roll back climate protections.”

With the liberal media, any and all regulations are nearly always seen as a benefit and for our good, not a hassle.

“[O]ne of the things the EPA will now, ‘reconsider’ is what its press release calls a burdensome greenhouse gas reporting program where thousands of companies have to submit their emissions levels. Zeldin said the agency would try to undo a total of 31 environmental regulations from rules governing wastewater to emission standards. The Trump administration has also…revealed plans to shut down the EPA’s Environmental Justice Division,” she added.

Schechter came out swinging with the apocalyptic analysis that Zeldin has changed “the way we interface with the environment” as the EPA has decided it has “nothing” to do with “the environment or ensuring “we have clean air and…clean water.”

He continued with the claim Zeldin doesn’t want to:

“talk about the environment and why we need to keep it clean and why climate change has become such an existential threat with increased floods and fires and droughts and how the EPA has a role in trying to make sure that we control that and contain that.”

Moments later, he dropped the tiresome claim about having less than a decade or we’re goners:

“I think the biggest risk is that we have a small window to deal with climate change, really. It’s getting smaller and smaller, less than 10 years, to sort of level out and reduce our emissions and we had and have currently a lot of rules that deal with that.

“To throw those all out would undo a lot of progress that’s been made to try to reach these new standards for our country and for the world. And we will lose our opportunity to really get ahead of this problem or even stay current with the problem.”

Co-host Tony Dokoupil next summarized Zeldin’s view of the EPA as “if companies save money by not having to report a bunch of things that are a waste of time, they can take that saved money and make the energy process cleaner.”

Schechter was obviously not having it because you can’t trust non-governmental parties to behave (click “expand”):

SCHECHTER: I don’t know if, I guess if that’s your reading of that claim, I think that’s an interesting way to look at it. You know, companies, corporations, many of them do, do the right thing and do spend a lot of time on their environmental issues and reporting and things like that, but, you know, the government’s job is to set a level playing field, if that’s how you view the government’s job, to set a level playing field with regulations so that everyone is following the same rules. Some companies do get in trouble when they get ahead of their competitors and they have rules that are maybe more stringent than what their competitors have. And then the market kind of catches up to them and they take a lot of criticism for being too far ahead of the pack. So, you know, having stoplights and roads and, you know, rules of the road, is what keeps everybody sort of moving in the same direction. That’s the idea of the EPA. That’s the power of the EPA. And to say we care about the earth and we care about clean water, that’s what we’re going to do, is one thing, but to look at what they did and want to cut 31 important regulations is really what you should be looking at.

DOKOUPIL: It’s interesting. Yeah, but this is the claim from the EPA press release. Hundreds of millions of dollars saved could better be used, “to improve and upgrade environmental controls to have a noticeable impact and improvement on the environment.” We’ll see what happens.

DIAZ: Yeah.

SCHECHTER: Yeah.

DIAZ: And if companies take it upon themselves to try to make that environmental improvement without the regulations.

This Friday segment capped three days of rage at CBS.

Rolling back to Thursday, senior White House and campaign correspondent Ed O’Keefe appeared on both CBS Mornings and the Plus editions to say the EPA will now be “rolling back…regulations” that said “greenhouse gasses are bad for public health[.]”

And, on Tuesday, CBS Evening News co-anchor Maurice DuBois said the agency was doing away with red tape “aimed at protecting public health and fighting climate change.”

Co-anchor John Dickerson commiserated with former Obama EPA official Matthew Tejada a half-hour later on CBS Evening Plus.

Tejada went full doomsday and fearmonger by saying Zeldin’s announcement was:

“taking us back to the 1960s, from before the times when we had regulations that actually cleaned up our water, protect people from across our country, from cancer-causing agents in our air, actually cleaning up legacy contamination sites that people had been living on top of for generations.”

Tejada further vented the Trump administration will “tak[e] us back to that time when we didn’t have regulation” in which Americans won’t be “healthier” as they’re purposefully “allowing polluting industries” to “hav[e] absolutely unfettered ability to pour their pollution into our communities[.]”

Always a pompous partisan, Dickerson invited Tejada to go further…

Read rest at NewsBusters

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India boosts LNG imports in February

Energy News Beat

The country imported 3.07 billion cubic meters, or about 2.3 million metric tonnes, of LNG in February via long-term contracts and spot purchases.

This marks a rise of 7.3 percent compared to the same month in 2024, PPAC said.

PPAC’s data previously showed that LNG imports rose in January compared to the previous year.

From April 2024 to February 2025, India took 34.32 bcm of LNG, or about 25.8 million metric tonnes, up by 19.4 percent compared to the same period in the year before, according to PPAC.

India paid $1.3 billion for February LNG imports, up from $1.3 billion in February 2024. The country paid $14.2 billion for LNG imports in the April-February period, up from $12.2 billion in the same period before.

Moreover, India’s natural gas production reached about 2.74 bcm in February, a drop of 6.7 percent from the corresponding month of the previous year.

Natural gas production of 33.12 bcm in April-February was down by 0.5 percent compared to the same period before.

India now imports LNG via eight facilities with a combined capacity of about 52.7 million tonnes per year.

These include Petronet LNG’s Dahej and Kochi terminals, Shell’s Hazira terminal, and the Dabhol LNG, Ennore LNG, Mundra LNG, and Dhamra LNG terminal.

The newest LNG import terminal is HPCL’s 5 mtpa Chhara LNG import terminal in India’s Gujarat, which recently launched commercial operations.

PPAC said that during April-January, the 17.5 mtpa Dahej terminal operated at 98.8 percent capacity, while the 5.2 mtpa Hazira terminal operated at 37.3 percent capacity.

The 5 mtpa Dhamra LNG terminal operated at 41.6 percent capacity, the 5 mtpa Dabhol LNG terminal operated at 43.2 percent capacity, the 5 mtpa Kochi LNG terminal operated at 22.3 percent capacity, the 5 mtpa Ennore LNG terminal operated at 25.1 percent capacity, and the 5 mtpa Mundra LNG terminal operated at 23 percent capacity.

Petronet LNG expects to launch an additional 5 mtpa capacity at its Dahej LNG terminal in western Gujarat state by June this year.

Last year, Petronet launched two new Dahej LNG storage tanks, T-107 and T-108, each with a capacity of 180,000 cbm.

These two tanks add to six existing storage tanks at the Dahej terminal with a total capacity of 932,000 cbm, while Petonet is also building a third jetty at the facility.

India’s natural gas demand is forecast to increase by nearly 60 percent by 2030, doubling the country’s need for LNG imports, according to a recent report by the International Energy Agency.

India’s LNG imports will need to rise to around 65 bcm a year by 2030 to meet rising demand, the IEA said.

 

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BP exercises option to terminate charter deal for Seapeak LNG carrier

Energy News Beat

Stonepeak’s Seapeak said in its results report that the vessel in question is the 2018-built 174,000-cbm, Seapeak Glasgow, which is currently on charter to BP Gas Marketing.

“In February 2025, the charterer exercised its option to terminate the charter contract with effect in December 2025,” Seapeak said.

“Had the charterer not exercised its termination option, the charter contract had a potential charter period of up to December 2031,” the LNG shipping firm said.

Seapeak did not provide further details.

According to previous Teekay LNG Partners reports, Seapeak Glasgow, previously known as Sean Spirit, started its 13-year charter contract with BP in December 2018, with a cancellation option after seven years.

Teekay LNG Partners rebranded as Seapeak in 2022 following the completion of its $6.2 billion merger deal with New York-based private equity firm Stonepeak Infrastructure Partners.

As of December 31, 2024, Sepeak’s LNG fleet included 50 LNG carriers, the report shows.

This includes five LNG carriers under construction and one LNG regasification terminal in Bahrain.

Seapeak’s interest in these vessels ranges from 20 percent to 100 percent.

The company also plans to sell three steam LNG carriers that were placed in layup in early 2025.

 

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Crowley deploys first US LNG carrier to supply Naturgy’s facility in Puerto Rico

Energy News Beat

According to a statement by Crowley, the milestone will provide Puerto Rico with increased access to the supply of US mainland-sourced LNG, helping address the island’s ongoing power demands.

Crowley and Naturgy have entered into a multi-year agreement that provides for the regular delivery of US LNG to Naturgy’s operating facility in Penuelas, Puerto Rico.

The Crowley-owned carrier American Energy, which has a capacity of 130,400 cubic meters (34.4 million gallons) per voyage, will operate in accordance with the US Coast Guard Authorization Act of 1996.

Crowley said the vessel has a CAP 1 rating, certifying its top rating for safety and vessel condition, and its compliance with all regulatory requirements.

VesselsValue data shows that Crowley bought this steam LNG vessel from Stena’s Northern Marine Management in January this year.

Built by Chantiers de l’Atlantique in 1994, the vessel, previously known as Puteri Intan, and then renamed to just Intan, was previously part of MISC’s fleet.

Crowley said the 900-foot-long (274 meters) LNG carrier builds on its 70-plus years commitment to Puerto Rico.

The company also operates the full-service marine Isla Grande cargo terminal in San Juan for its container and roll-on/roll-off vessels, including two LNG-fueled ships, and logistics services.

The company annually delivers more than 94 million gallons of LNG through its LNG loading terminal in Penuelas as well as provides ocean delivery and land transportation using ISO tank containers.

At capacity, each delivery of LNG aboard American Energy provides enough energy to power 80,000 homes for a year, according to Crowley.

American Energy will be crewed by U.S. mariners and provide regular service from the U.S. Gulf Coast to Puerto Rico.

“We are proud and privileged to expand U.S. LNG availability in Puerto Rico in partnership with Naturgy,” said Tom Crowley, chairman and CEO of Crowley.

“LNG is an ample, reliable energy source available in the U.S. that provides a more resilient and lower-emission option as part of our nation’s energy portfolio for quickly serving the growing power needs of Puerto Rico while supporting American jobs, American energy production and U.S. national security.”

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GECF says February LNG imports climb

Energy News Beat

Last month, global LNG imports increased by 1.26 Mt y-o-y to 34.90 Mt, the highest level ever recorded for the month, Doha-based GECF said.

GECF said this marks the first monthly y-o-y increase after three consecutive months of decline.

The growth was primarily driven by Europe, and to a lesser extent from the MENA region, which offset a decline in Asia Pacific imports.

GECF said the substantial premium of TTF gas prices over North East Asia (NEA) spot LNG prices
continued to redirect US LNG cargoes to Europe rather than the Asia Pacific.

For January and February 2025 combined, global LNG imports totaled 73.63 Mt, reflecting a
1.4 percent (1.01 Mt) y-o-y increase, largely supported by stronger imports in Europe, according to GECF.

In February 2025, European LNG imports surged by 19 percent (1.95 Mt) y-o-y, reaching a record high of 11.99 Mt for the month, remaining relatively unchanged from January, GECF said.

The increase was driven by lower pipeline gas imports and higher gas demand for heating amidst colder weather.

At the country level, Türkiye, the UK, France, and Belgium led the growth, offsetting declines in Spain, the Netherlands, Italy, and Germany.

For January and February 2025 combined, Europe’s LNG imports rose by 13.5 percent (2.85 Mt) y-o-y to 24.01 Mt, GECF said.

The surge in Türkiye’s LNG imports was driven by the need to compensate for reduced pipeline gas supplies to neighboring countries following the non-renewal of the Russia-Ukraine gas pipeline transit agreement, it said.

In the UK and Belgium, higher gas consumption fuelled the increase in LNG imports.

Meanwhile, in France, a combination of stronger gas demand and lower pipeline gas imports from Norway contributed to the rise in LNG imports.

Conversely, in Spain and Italy, despite higher gas consumption, a sharp increase in pipeline gas imports from Algeria curbed their LNG imports.

Additionally, higher gas production in Italy further contributed to its decline in LNG imports.

Although gas consumption in the Netherlands and Germany was higher y-o-y, LNG cargoes were redirected to higher-priced markets in the region, leading to lower imports in both countries, GECF said.

GECF said LNG imports in the Asia Pacific region declined for the fourth consecutive month in February, dropping by 4.6 percent (1.02 Mt) y-o-y to 21.14 Mt, and dipped below the February 2023 level.

The weaker LNG imports was attributed to the negative NEA spot LNG-TTF price spread, with Europe pulling LNG cargoes away from Asia Pacific, as well as weaker gas consumption in some countries.

China, South Korea, and Japan drove the decline in the region’s imports, which was partially offset by higher imports in Taiwan, GECF said.

For January and February 2025 combined, Asia Pacific’s LNG imports fell by 5.1 percent (2.44 Mt) yo-y to 45.76 Mt.

China’s LNG imports fell to their lowest level since June 2022, driven by weaker gas consumption, higher pipeline gas imports, and increased domestic gas production.

In South Korea and Japan, LNG imports declined as Europe attracted LNG cargoes away from Asia Pacific.

Additionally, lower gas consumption in Japan further contributed to its drop in imports.

Conversely, Taiwan’s LNG imports increased, supported by stronger gas demand, GECF said.

LNG imports in the Latin America & the Caribbean region declined sharply by 20 percent (0.18 Mt) y-o-y, reaching 0.73 Mt, the lowest level since April 2023, according to GECF.

The decline was primarily driven by lower imports in Jamaica, Puerto Rico, and Colombia.

For January and February 2025 combined, LAC’s LNG imports decreased by 7.4 percent (0.15 Mt) y-o-y to 1.85 Mt.

GECF said the drop in Jamaica’s LNG imports was linked to reduced imports from Nigeria, while Puerto Rico’s decline resulted from lower deliveries from Trinidad and Tobago.

Additionally, higher hydro levels lowered gas demand for electricity generation, contributing to weaker LNG imports across the region, it said.

On the other hand, LNG imports in the MENA region surged by 125 percent (0.50 Mt) y-o-y to 0.90 Mt 0.74 Mt, which is a record high for the month, GECF said.

For January and February 2025 combined, the MENA region’s LNG imports jumped by 123 percent (0.91 Mt) y-o-y to 1.64 Mt.

Egypt and Jordan led the increase in LNG imports within the region. Egypt has ramped up LNG imports in recent months, utilizing its installed FSRU as well as the Aqaba FSRU in Jordan, to help offset its gas supply shortfall, GECF said.

GECF said that global LNG exports rose by 0.9 percent (0.31 Mt) y-o-y, reaching 33.95 Mt in February, marking a record high for the month.

The increase was driven by non-GECF countries, which offset a decline from GECF member countries.

For January to February 2025 combined, global LNG exports totaled 71.51 Mt, reflecting a
1 percent (0.70 Mt) y-o-y increase, driven mainly by non-GECF exporters.

GECF said the share of non-GECF countries in global LNG exports rose from 51.9 percent in February 2024 to 53.2 percent in February 2025, while the share of GECF member countries’ LNG exports declined from 47.2 percent to 45.8 percent over the same period.

The share of LNG re-exports was relatively stable.

GECF said the US, Qatar, and Australia remained the top three LNG exporters in February 2025.

 

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China’s LNG imports down 22.9 percent in February

Energy News Beat

Data from the General Administration of Customs shows that the country received 4.54 million tonnes last month. This compares to 5.95 million tonnes in February 2025.

Also, the data shows that Chinese LNG terminals took 6.06 million tonnes in January, down 16.1 percent year-on-year.

During January-February, China imported 10.60 million tonnes, a decrease of 19.1 percent compared to the same period last year.

Natural gas imports, including pipeline gas, reached about 20.31 million tonnes in January-February, down 7.7 percent compared to 2024.

China’s pipeline imports rose 7.6 percent year-on-year in February to 5.01 million tonnes, while pipeline imports increased 10.8 percent year-on-year to 4.70 million tonnes, the data shows.

GECF’s February report showed that China’s LNG imports fell to their lowest level since June 2022, driven by weaker gas consumption, higher pipeline gas imports, and increased domestic gas production.

It is worth mentioning here that China said last month it would impose tariffs of 15 percent on imports of coal and LNG from the US after President Donald Trump imposed a tariff on goods from the country.

This includes tariffs of 15 percent on imports of coal and LNG as well as 10 percent tariffs on crude oil.

China’s natural gas imports rose by 9.9 percent to 131.69 million tonnes in 2024, the customs data previously showed, while LNG imports increased by 7.7 percent to 76.65 million tonnes last year, with China remaining the world’s largest LNG importer.

Japan is the world’s second-largest importer of LNG, and it imported 6.64 million tonnes of LNG in January. This is 0.58 million tonnes more than China.

Official data for Japan’s LNG imports in February is not available yet.

 

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Germany’s Wind Farm Scrapped

Energy News Beat

Daily Standup Top Stories

After Only 15 Years Of Operation, Germany’s First Offshore Wind Farm Being Scrapped

Germany’s Alpha Ventus offshore wind farm, in operation for 15 years, will be dismantled due to unprofitability after subsidies expired. ​The Alpha Ventus offshore wind farm near the German North Sea island of Borkum is […]

Closing arguments set to begin in pipeline company’s lawsuit against Greenpeace

MANDAN, N.D. (AP) — Closing arguments are scheduled to begin on Monday in a pipeline company’s lawsuit against Greenpeace, a case the environmental advocacy group said could have consequences for free speech and protest rights and threaten the organization’s future. […]

Hanwha Ocean, Evergreen ink $1.6 billion deal for six LNG-powered containerships

Hanwha Ocean announced the signing of the deal for six 24,000 teu LNG dual-fuel containerships in a statement on Monday. The firm did not provide the price tag in the statement, but said in a […]

Wall Street Braces for Oil in $60s Range on Tariff, OPEC+ Risks

ENB Pub Note: While much of the markets are looking to the bearish side of the oil market, I am almost in the perma bull market looking to the $80 dollar, and Michael is leaning […]

Trump Says He’ll Speak With Putin Tuesday on Ukraine Truce Push

President Donald Trump said he’ll speak with Russian President Vladimir Putin on Tuesday as the US presses for an end to fighting in Ukraine and European nations rush to bolster their support for Kyiv. “We are doing pretty well […]

Highlights of the Podcast

00:00 – Intro

01:47 – After Only 15 Years Of Operation, Germany’s First Offshore Wind Farm Being Scrapped

03:47 – Closing arguments set to begin in pipeline company’s lawsuit against Greenpeace

05:21 – Hanwha Ocean, Evergreen ink $1.6 billion deal for six LNG-powered containerships

06:29 – Wall Street Braces for Oil in $60s Range on Tariff, OPEC+ Risks

08:41 – Trump Says He’ll Speak With Putin Tuesday on Ukraine Truce Push

09:53 – Outro


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– Get in Contact With The Show –


Video Transcription edited for grammar. We disavow any errors unless they make us look better or smarter.


Stuart Turley: [00:00:10] Hello, everybody. Welcome to the Energy News Beat Daily Standup. My name’s Stu Turley, president and CEO of the Sandstone Group. Today is just an absolute great day out there. I want to give Mark Kay a shout out. He is at at Mark Kay Show. I bought his shirt Gulf of America for our podcast listeners on the road. I have my Gulf of America shirt on. This is exactly what I voted for, but let’s go with our stories for the day. After 15 years of Operation Germany’s first offshore wind farm being scrapped, there’s going to be a lot more of those. Closing argument set to begin in pipeline companies’ lawsuit against Greenpeace. We’re going to be following this because Greenpeace really did disrupt business and cause some serious problems. Anhoi Ocean Evergreen inks a $1.6 billion deal for six LNG powered container ships. This is huge and it is a trend that is going on around the world for LNG powered equipment. Wall Street braces for oil in 60s range on tariffs, OPEC plus risks. This is from a Bloomberg article. Trump says he’ll speak with Putin. The day I’m filming this is on Monday and he’s supposed to be talking to them on Tuesday. George McMillan and I, after we find out what he talks about, will be recording another podcast with solutions and hurdles, possibly covering some hurdles there. So with that,. [00:01:46][96.6]

Stuart Turley: [00:01:47] Let’s get to our first story here. After only 15 years of operation, Germany’s first offshore wind farm being scrapped. Germany’s Alpha Vatus offshore wind farm in operation for 15 years will be dismantled due to unprofitability after subsidies were expired. It has become too unprofitable to operate without massive subsidies. According to Blackout News, a decisive factor for dismantling the Pioneer project is expiration of generous subsidies made possible through Germany’s E. EG renewable energies feed in act. The subsidy meant that the Alpha Ventus wind farm got 15.4 cents per kilowatt hour after being put in operation. Now that the subsidy is run out, the wind farm operators received only basic tariff of 3.9 cents per kilowatt hour, making the farm unprofitable. Here’s the bottom line. This is going on around the world. And when you take the soft money or the maintenance dollars out of it, you’re talking some serious problems with quote unquote renewable and wind and solar. Here’s the big problem coming around the corner, and that is who’s going to do the land reclamation costs because it has been proven that they cannot be installed from day one with profit. And then if they had to tag on the land reclamation for each wind farm or each solar panel, they would not be doing it. So we’re about to have a welcome to Rutrow in the world of renewable, non-sustainable energy around the world. Who’s gonna pay for it? So buckle up, hang on. [00:03:47][119.8]

Stuart Turley: [00:03:47] Let’s go to this next story here. Closing arguments set to begin pipeline company’s lawsuit against Greenpeace. Closing arguments were on Monday against Greenpeace. And this is for the North Dakota district judge. James Guion told the jury last month when the trial began, you are the judges of all questions of fact in this case. Base your verdict on the evidence. The Dallas based energy transfer in its subsidiary, Dakota Access, alleged defamation, trespassing, nuisance, and other offenses by the Netherlands-based Greenpeace International. It’s American branch Greenpeace USA and funding arm Greenpeace Fund Inc. The pipeline company is seeking hundreds of millions of dollars in damages. The lawsuit stems from protest in 2016 and 17. This is exciting, lawfare and protests and things have gotten out of hand and repercussions, people need to understand their actions have repercussions. And so I’m excited to see how this thing goes through. And if we see that the jury finds them in, this could be an end to the Greenpeace. Now, this is not the same Greenpeace that was founded years ago. It was hijacked about 15 years into it. And Alan, the founder of Greenpeace, is an absolute wonderful man. He had actual good intentions out there. So, anyway,. [00:05:21][93.7]

Stuart Turley: [00:05:21] Let’s go to the next story here. Hanwha Ocean Evergreen, Inc. $1.6 billion deal for six LNG-powered container ships. This is a trend that I’m seeing throughout all of my news feeds. Hanwha Ocean will deliver the ships by March of 2028. Also, the vessels will feature LNG dual fuel engines along with eco-friendly technologies from the Hanwha Ocean, including the shaft generator motor systems and air lubrication systems. It’s the first time Hanwha Ocean has received an order from Evergreen. This is huge. The number of bunkering ships, the number of ports where you can deliver these things, And all of this is in a wonderful way to get rid of the horrific heavy sulfur diesel, marine diesel that is really needs to go away. So I think this is a trend of all of this wonderful change. It’s a short term. I would prefer if everything was nuclear, but that’s just me. [00:06:29][67.3]

Stuart Turley: [00:06:29] Let’s go over to Wall Street braces for oil in the $60 range from tariff and OPEC risks. We covered a lot of this in the Energy Realities podcast with David Blackman, Irina Slav and Tammy Nemeth today and had some great feedback on that. Goldman initially stuck with previous price projections of confirmed plans of increased oil production this month, but with US economic growth under mounting pressure, the bank lowered its outlook price in a note. Expected range for Brent was reduced from $65 to $80 from $70 to $85. That is a significant reduction in what they’re expecting. We expect Brent to stay above $70 in the coming months, but we are no longer seeing $70 as the price I’m a little bit more bullish on oil, and I really think that we are going to, and Tammy Nemeth brought up some great points, and that is I think that we are going to come around to a sanity-based world where we may actually see supply and demand actually fit into formulas again, rather than beliefs and manipulating the algorithms. [00:07:46][77.1]

Stuart Turley: [00:07:47] So I want to go ahead and take a moment and pay the bills. I’d like to say give our podcast sponsor a shout out Reiss Consulting and Reiss Training. They are a wonderful partner of the Energy Newsbeat Daily stand up and sponsor. They are absolutely what you need to have in your back door and your back pocket when you go out and try to say, do I want an LNG to power plant? Do I want to be shipping a Permian load of oil? Do I want a a natural gas power plant in anywhere in the United States? They’ve got projects all the way from the Permian to Germany. So it is absolutely wonderful. Thank you very much for being a sponsor of the show and reach out to Reese Energy Consulting. And you will not be sorry. [00:08:40][53.5]

Stuart Turley: [00:08:41] The last story here, Trump says he’ll speak with Putin on Tuesday on Ukraine peace push. I applaud President Trump for overcoming almost every obstacle, everything from being shot to now becoming president to now having all the information that was removed from all his team members. His team members are still kind of fighting this unarmed battle, going up there trying to have a peace talk, so to speak. A lot of land is a lot of land is lot different than it was before the war, you know, President Trump told reporters, we’ll be talking about land, we’ll be talking about power plants. And, you know, that’s a big question. That is the nuclear power plant built by Russia in Ukraine, and it is being controlled by Russia. And I’m sure it is going to be on the talking points because that is one of the key power sources for Ukraine. There is a lot, and it’s complicated process and so we hope it’s a great conversation and we’ll have more on that tomorrow but it should be very interesting. This was out of a Bloomberg story as well too. [00:09:52][70.9]

Stuart Turley: [00:09:53] So with that like, subscribe, share, read this to your pets, read this to your family and again thank you for all of the wonderful comments and we look forward to seeing you soon. Thanks, have a great day. [00:09:53][0.0][578.9]

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Concerns raised as plastic pellets wash up after North Sea collision

Energy News Beat

Plastic pellets have washed up on shore following last week’s collision between the Stena Immaculate tanker and the containership Solong in the North Sea, raising concern among conservationist groups.

The UK’s Maritime and Coastguard Agency (MCA) said on Monday it was advised by the Royal National Lifeboat Institution (RNLI) of a sheen in the sea just off The Wash, which has been identified as “nurdles” – small pellets of plastic resin used in plastics production.

The nurdles, sized between 1-5 mm and weighing less than a gram, are likely to have entered the water at the point of collision, the coastguard said, adding that they are not toxic but can present a risk to wildlife if ingested.

Coastguard rescue teams and other counter-pollution specialists are conducting a retrieval operation along the shore between Old Hunstanton and Wells-next-the-Sea.

“This is a developing situation and the transport secretary continues to be updated regularly,” said Chief coastguard Paddy O’Callaghan.

Multiple wildlife and environmental organisations warned the nurdles can have a devastating effect on animals, including seals, puffins and fish.

“We’re very concerned about the nurdles and burnt material that is adrift at sea as well as being washed up along the Wash and the Norfolk coast following the tanker collision last week, and we will continue to support the authorities in their efforts to clean up the pollution,” said Tammy Smalley, Lincolnshire Wildlife Trust’s head of conservation.

“At this time of the year, there is also the risk that the birds return to their nests and feed the nurdles to their chicks. The plastic may also work its way up the food chain to larger marine mammals which feed on fish or smaller animals which have eaten nurdles,” she added.

Hugo Tagholm, executive director of Oceana UK, said the pellets can be trapped in the stomachs of wildlife and stop them eating real food, leading to starvation, warning that it’s nearly impossible to remove them from the ocean once they have entered it, and that they can become more and more toxic as they break down into smaller and smaller pieces.”

Sophie Benbow, the director of marine at the conservation organisation Fauna & Flora, noted that plastic pellets were “one of the largest sources of microplastic pollution globally and pose a grave threat to nature and coastal communities”.

“It is extremely concerning that the North Sea ship collision has resulted in a mass plastic pellets spill. Once lost into the ocean, these tiny pieces of plastic are almost impossible to contain,” she said.

Meanwhile, the ships involved in the incident remain stable, and salvage operations are ongoing.

Damage assessment of the Stena Immaculate confirmed that one tank containing jet fuel and one ballast tank containing seawater were affected by the impact, with about 17,500 out of 200,000 barrels onboard lost. The MCA said on Monday that there were “only small periodic pockets of fire” on the Solong which were “not causing undue concern”.

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Permit for New Jersey offshore wind project pulled by Trump’s EPA

Energy News Beat

An Environmental Appeals Court Judge remanded a Clean Air Act permit, issued in September last year, back to the EPA.

This occurred less than two months after US president Donald Trump called for a review of the federal government’s leasing and permitting practices for wind projects and a temporary withdrawal of all areas on the outer continental shelf from offshore wind leasing.

The presidential memorandum, sent in January, directs an immediate review of Federal wind leasing and permitting practices and provides that the heads of various executive department agencies, including the administrator of the EPA, shall not issue new or renewed approvals, rights of way, permits, leases, or loans for onshore or offshore wind projects pending the completion of a comprehensive assessment and review of Federal wind.

Following Trump’s move, officials submitted a motion requesting the court to send the permit back to the agency for a review of the environmental impacts of the wind energy project.

In early March, Atlantic Shores argued that there was no “good cause” for the withdrawal of the permit and that it was not in the interest of administrative or judicial efficiency.

However, the withdrawal went ahead and the EPA stated that it would confer with other executive branch agencies regarding further evaluation of various impacts that may result from the project, including impacts on birds, wildlife, fishing, and other relevant environmental concerns described in the presidential memorandum.

According to industry experts, even those projects that have begun construction are vulnerable under this interpretation of Trump’s executive order.

In cases of large industrial projects, companies often have to go back to the regulatory agencies to amend permits, so the agencies can simply block the projects mid-construction. Projects currently under construction include Vineyard Wind 1 and Sunrise Wind off the coast of Massachusetts, Revolution Wind off Rhode Island, Empire Wind 1 off New York, and Dominion’s Coastal Virginia Offshore Wind project.

Project developer EDF already wrote down $940m in the value of its stake in the Atlantic Shores project in late February. Its former partner in the project, Shell, did the same in January.

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Hanwha buys Austal stake

Energy News Beat

AsiaShipyards

South Korea’s Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover.
Hanwha on Tuesday said it had acquired 41.2m shares in Austal, paying A$4.45 a share.

Hanwha said it aims to become a long-term strategic partner to the Australian shipbuilder rather than pursuing a full takeover.

Both companies are keen to expand US operations at a time where new president Donald Trump is looking to resuscitate American shipbuilding.

Last year Hanwha, which runs the yard formerly known as Daewoo Shipbuilding & Marine Engineering, sealed a deal to take over US shipbuilder Philly Shipyard.

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