Is the dollar here to stay‪?‬ Energy News Beat Podcast

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss several key energy topics. They cover the skepticism around the Petro Yuan replacing the Petro Dollar, the resilience of the U.S. dollar, Europe's wavering climate ambitions amidst political shifts, Russia's clandestine oil shipments to evade U.S. sanctions, and Azerbaijan's increasing natural gas demand despite global phase-out plans. They also touch on rising natural gas prices, oil market dynamics, and potential impacts on U.S. energy production and financial stability.Highlights of the Podcast00:00 - Intro01:28 - The Myth of the Inevitable Rise of a Petroyuan04:16 - Don’t Bet Against the Dollar06:32 - Europe’s climate ambitions thrown into doubt as Green vote collapses08:35 - Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US Sanctions10:30 - COP29 host Azerbaijan sees natural gas demand rising despite “phase-out” plans13:03 - Markets Update15:20 - OutroPlease see the links below or articles that we discuss in the podcast.The Myth of the Inevitable Rise of a Petroyuan (https://energynewsbeat.co/the-myth-of-the-inevitable-rise-of-a-petroyuan/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)In diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the king of Saudi Arabia in December, both nations issued lengthy readouts extolling the burgeoning Saudi-Sino relationship in […] (https://energynewsbeat.co/the-myth-of-the-inevitable-rise-of-a-petroyuan/)Don’t Bet Against the Dollar (https://energynewsbeat.co/dont-bet-against-the-dollar/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)U.S. competitors are pushing the limits of autonomy within a dollar-based system, but there isn’t a real global alternative—and the world is far from an inflection point. It has been 80 years since the Bretton […] (https://energynewsbeat.co/dont-bet-against-the-dollar/)Europe’s climate ambitions thrown into doubt as Green vote collapses (https://energynewsbeat.co/europes-climate-ambitions-thrown-into-doubt-as-green-vote-collapses/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Green parties were on track to lose seats in the European Parliament elections, provisional results showed Monday, sparking concerns that the bloc may be on the brink of scaling back its climate policies. The left-leaning Greens/European Free […] (https://energynewsbeat.co/europes-climate-ambitions-thrown-into-doubt-as-green-vote-collapses/)Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US Sanctions (https://energynewsbeat.co/russian-oil-tanker-does-secret-cargo-switch-near-singapore-to-dodge-us-sanctions/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)ENB Pub Note: An excellent article from Bloomberg. Although the first line says “The first Russian oil tanker attempting to deliver crude while under US sanctions”… this is not factual, as Russia has been increasing