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Make Coal Great Again

First published

07/25/2024

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In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner covered several key topics. First, global coal demand is expected to remain steady through 2025, driven by increased electricity needs in major economies like China and India, despite renewable energy efforts. Next, U.S. Democrats introduced a bill to penalize oil firms collaborating with OPEC to raise prices, viewed by some as a political move unlikely to pass. Oil markets saw mixed results, with Matador reporting strong earnings amidst broader market declines. Oil prices closed relatively flat, influenced by EIA inventory data showing higher-than-expected draws in crude and gasoline stocks.Highlights of the Podcast00:00 - Intro01:02 - Global coal demand to stay steady through 202505:01 - US Democrats launch bill holding oil firms accountable for any work with OPEC09:35 - Markets Update11:25 - U.S. Crude Oil Inventories Continue to Fall12:43 - Matador Resources Company today reported record financial and operating results for the second quarter of 202416:22 - OutroPlease see the links below or articles that we discuss in the podcast.Global coal demand to stay steady through 2025 (https://energynewsbeat.co/global-coal-demand-to-stay-steady-through-2025/)July 24, 2024 (https://energynewsbeat.co/2024/07/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Global coal demand is expected to remain stable in 2024 and 2025, as rising electricity needs in major economies balance out the effects of increased renewable energy and recovering hydropower. That’s according to the latest […] (https://energynewsbeat.co/global-coal-demand-to-stay-steady-through-2025/)Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading Desk– Get in Contact With The Show –

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