398 episodes

In-depth weekly analysis of US energy policy news from S&P Global Commodity Insights senior editors covering the Capitol. Hosted by Meghan Gordon and Jasmin Melvin.

Capitol Crude: The US Energy Policy Podcast S&P Global Commodity Insights

    • News
    • 4.2 • 5 Ratings

In-depth weekly analysis of US energy policy news from S&P Global Commodity Insights senior editors covering the Capitol. Hosted by Meghan Gordon and Jasmin Melvin.

    Evolving LNG trade: Will demand for cleaner gas spread to Asia?

    Evolving LNG trade: Will demand for cleaner gas spread to Asia?

    As the US and Europe move to cut methane emissions, will the demand pull for cleaner LNG spread to price-sensitive Asia?
    Ben Cahill, a senior fellow at the Center for Strategic and International Studies, published a report this month looking at how concerns about methane emissions might spread elsewhere in the world, and how the focus on methane could reshape the LNG market.
    Cahill argues that it will take some time before the market -- and Asian buyers in particular -- start paying a premium for cleaner gas. But he does believe demand for this so-called differentiated LNG will develop eventually.
    Stick around after the interview for Starr Spencer with the Market Minute, a look at the stabilizing US rig count and other trends from first-quarter earnings calls.
    This podcast was produced by Meghan Gordon in Washington and Jennifer Pedrick in Houston.

    • 18 min
    How to squeeze Russia's oil revenue without threatening a supply shock

    How to squeeze Russia's oil revenue without threatening a supply shock

    As Europe aims to phase out Russian oil imports within months, attention is starting to shift to whether the US will impose secondary sanctions on Russian oil customers.
    Edward Fishman, who was the Russia and Europe sanctions lead at the State Department during the Obama administration, argues the US should take that step.
    Fishman, nonresident fellow at Columbia's Center for Global Energy Policy, outlines how escrow accounts can be used to keep oil revenues from going to Russia without threatening a shock to global energy supplies. He draws on Iran sanctions history to make the case that China and India would have incentive to comply with US secondary sanctions.
    Fishman was a member of a Stanford University working group that outlined steps the Biden administration could take to expand sanctions on Russian energy, transportation, insurance and banking.
    Stick around after the interview for Chris van Moessner with the Market Minute, a look at near-term oil market drivers.
    This podcast was produced by Meghan Gordon in Washington and Jennifer Pedrick in Houston.

    • 20 min
    Can the Los Angeles-Shanghai green shipping corridor save the sector and the planet?

    Can the Los Angeles-Shanghai green shipping corridor save the sector and the planet?

    The shipping sector faces a massive challenge in decarbonizing to meet global climate goals.
    To accelerate those efforts, leaders at the COP26 climate change conference in Glasgow last year agreed to develop at least six green shipping corridors by 2025 and many more by 2030. The Biden administration has fully supported the plan and is urging private industry to also get on board.
    One of the more significant corridors to emerge is between the Port of Los Angeles, the busiest container port in the Western Hemisphere, and the Port of Shanghai, the world's largest port.
    Christopher Cannon, chief sustainability officer at the Port of Los Angeles, spoke with senior editor Meghan Gordon about how plans for the Los Angeles-Shanghai green shipping corridor are shaping up.
    They discussed the role fuel producers will play and which alternative fuels look most promising. Cannon also gives an update on efforts to ease West Coast port congestion and predicts another possible port backup when Chinese cities emerge from pandemic lockdowns.
    Stick around after the interview for Jordan Blum with the Market Minute looking at how workforce issues in the rail sector could affect shipments of oil feedstocks, ethanol, coal, grain and other commodities.
    This podcast was produced by Meghan Gordon in Washington and Jennifer Pedrick in Houston.

    • 27 min
    Drop more SBOMs: how the energy industry can tighten up cybersecurity

    Drop more SBOMs: how the energy industry can tighten up cybersecurity

    The energy sector has found itself in the crosshairs of what’s been called a rare and dangerous state-sponsored malware threat capable of disruption, sabotage, and potentially physical destruction of energy assets, with LNG and electric facilities believed to be the initial target.
    Meanwhile, a collaboration between oil and gas companies and the R&D arm of the Department of Homeland Security, called The Linking the Oil and Gas Industry to Improve Cybersecurity program, is working to bolster the level of cybersecurity in critical systems of interest to the oil and natural gas sector. The program is behind a recent study that takes a look at how a software bill of materials, or SBOM, can be used to manage cybersecurity risks to industrial control systems software from third-party components introduced as part of vendor solutions.
    Schneider Electric Vice President and Deputy Product Security Officer Cassie Crossley joined the podcast to discuss the risks vendors introduce to oil and gas operators, the cyber defenses available to the sector and how SBOM development and use could aid the oil and gas industry. Senior editor Jasmin Melvin also asked her about the new malware threat to the energy sector and Schneider Electric’s efforts to thwart it.
    Stick around after the interview for Starr Spencer with the Market Minute, a look at near-term oil market drivers.
    This podcast was produced by Jasmin Melvin in Washington and Jennifer Pedrick in Houston.

    • 21 min
    Groups sue Interior for documents behind federal oil, gas leasing report

    Groups sue Interior for documents behind federal oil, gas leasing report

    President Joe Biden’s executive order on tackling the climate crisis, among other things, launched a review of existing fossil fuel leasing and permitting practices. Climate and conservation groups had hoped the review would drill down into federal oil and natural gas leasing activity’s impact on climate change, but the report issued Nov. 26 was mostly silent on climate. Now, groups represented by the Western Environmental Law Center are suing Interior to find out if the report was scaled back to court political favors.
    Senior editor Jasmin Melvin spoke with WELC executive director Erik Schlenker-Goodrich about Interior’s report, what groups hope to achieve from their lawsuit and how prices at the pump and geopolitical pressures are playing into this debate.
    Stick around after the interview for Chris Van Moessner with the Market Minute, a look at near-term oil market drivers.
    This podcast was produced by Jasmin Melvin in Washington and Jennifer Pedrick in Houston.

    • 21 min
    Consumer advocate wants CFTC to reject trader bailouts, pursue position limits revamp

    Consumer advocate wants CFTC to reject trader bailouts, pursue position limits revamp

    The US Commodity Futures Trading Commission will soon get an infusion of four new voices, as the Senate voted March 28 on nominations that will bring the derivatives regulator back to a full complement of five members. Some hope this will jumpstart action at the agency after a year of being relatively quiet on energy derivatives regulation.
    Tyson Slocum, energy program director at Public Citizen, is among stakeholders pushing the agency to engage publicly on the implementation of its regulation setting federal speculative position limits on physical commodity markets. He also recently authored a letter urging the CFTC to reject any bailouts for commodity traders, in light of wild price swings in energy, metal, and agricultural commodity prices that have stressed the markets.
    He joined senior editor Jasmin Melvin on the podcast to discuss that letter and what he’d like to see from this latest composition of the CFTC. He also gave his take on the new US-EU task force working to send more US gas to Europe and the Biden administration’s latest efforts to ease pain at the pump for US consumers.
    Stick around after the interview for Jordan Blum with the Market Minute, a look at near-term oil market drivers.

    • 21 min

Customer Reviews

4.2 out of 5
5 Ratings

5 Ratings

David Rolo Rowland ,

Educational Podcast

The perfect amount of information in a manageable amount of time. Excellent format and great podcast

Top Podcasts In News

Goalhanger Podcasts
The Australian
The Guardian
BBC Radio
BBC Radio 4
Financial Times

You Might Also Like

S&P Global Commodity Insights
S&P Global Commodity Insights
Mark LaCour & Paige Wilson
Columbia University
Bloomberg
Abaxx Technologies Inc.