Capitol Crude: The US Oil Policy Podcast
Listen to in-depth weekly analysis of US oil policy news from our senior editors covering the Capitol.
19:16
2020-09-28
The US presidential election could have far-reaching implications for the global oil market.
Chris Midgley, global head of analytics for S&P Global Platts, takes us through the biggest potential impacts for supply, demand and price. He covers Iran sanctio...
6:31
2020-09-22
In Part 2 of our look at the US presidential candidates' evolving energy platforms, we examine how progressive Democrats have pushed former Vice President Joe Biden further left on climate and environmental policies.
Glenn Schwartz, director of Rapidan En...
15:27
2020-09-21
In this two-part episode, we look at how both US presidential candidates' energy platforms have evolved since the start of campaigning.
They have had to respond to massive market shifts, a string of natural disasters signaling a changing climate, and wani...
18:56
2020-09-14
How much will November's presidential election actually influence the outlook for US oil and gas production?
Artem Abramov, head of shale research for Rystad Energy, makes the somewhat contrarian case that whoever is in the White House come next year will...
17:43
2020-08-31
The November presidential election adds to risks for natural gas pipelines, which link production to demand centers but increasingly face opposition from those seeking to phase out fossil fuels.
For interstate gas pipelines, the federal government remain...
23:43
2020-08-24
A victory in November for former Vice President Joe Biden in November could influence oil and gas companies' decarbonization plans, given Biden's climate and clean energy proposals.
European oil majors tend to outpace their US counterparts in terms of cli...
19:42
2020-08-17
Global oil supply far exceeds demand right now as the coronavirus pandemic keeps travel restrictions in place and commuters working from home.
Commodities analysts Leigh Goehring and Adam Rozencwajg, managing partners of Goehring and Rozencwajg, argue tha...
26:08
2020-08-10
Guyana is one of the most promising new sources for non-OPEC oil production growth, and the country just emerged from a chaotic five-month election drama. Opposition leader Mohamed Irfaan Ali was sworn into office as the country's new president last week....
20:03
2020-08-03
US oil producers have started bringing some shut-in wells back online since this spring's price crash.
S&P Global Platts Analytics expects the nearly all the shut-in volumes to come back by October. But US oil output will continue to decline as a result o...
25:05
2020-07-27
A massive regulatory shift could occur if US President Donald Trump loses the White House in November.
Former Vice President Joe Biden has embraced energy and climate priorities that swing further left than many of the Obama administration’s, as eviden...
13:52
2020-07-20
US President Donald Trump has used the phrase "take the oil" many times, both as a candidate to criticize previous administrations' strategies in Iraq and while in the White House when discussing Syria.
The idea is rooted in the belief that countries have...
23:38
2020-07-13
Last week delivered some huge news on the pipeline front that highlights the challenges ahead for the US midstream sector and the fate of future efforts to build multi-state energy projects.
First Duke Energy and Dominion Energy announced they were cancel...
32:29
2020-06-28
The fallout from the coronavirus pandemic and a host of other global tensions and trade conflicts brewing in recent months have heightened geopolitical risks to energy trade.
Harvard University professor Meghan O'Sullivan shares what she sees as the top g...
15:20
2020-06-22
US oil and gas drilling has slowed to a crawl since global oil demand crashed this spring and prices tumbled with it.
Now that WTI has crept back up into the high $30s/b and potentially above $40/b, have we seen the worst of this drilling slowdown?
Ted Ha...
10:56
2020-06-15
Rapidan Energy Group predicts sweeping changes for the energy sector if former Vice President Joe Biden beats US President Donald Trump in November.
Biden's policies would have global implications for energy trade, altering US/China relations, the pace o...
10:02
2020-06-08
US oil producers have started announcing plans for putting shut wells back online. But just how sustainable are these plans at current prices and with the uncertain global demand outlook?
And how are OPEC and its allies going to view this returning US sh...
19:30
2020-06-01
The global oil demand shock is accelerating what was already coming to US shale, argues Adam Waterous, CEO of Waterous Energy Fund.
Waterous argued in January on Capitol Crude that US unconventional production had peaked, and the industry's unstable finan...
23:13
2020-05-18
The US House of Representatives has passed the $3 trillion HEROES stimulus package with barely a mention of the energy sector. The legislation is going nowhere in its current form after Senate Republicans dismissed it out of hand and President Donald Trum...
20:23
2020-05-11
Plunging demand, collapsing prices and a reeling global economy are creating an extremely tough climate for the US upstream oil and gas sector.
US Senator Dan Sullivan, Republican-Alaska, argues another factor is basically kicking the sector while it's d...
15:02
2020-05-04
US President Donald Trump has promised relief to the ailing oil and gas sector, and it's not yet clear if the recently expanded Federal Reserve lending program is the full extent of that aid.
Democrats easily blocked the administration's first attempt to ...
17:21
2020-04-27
A surge of Saudi crude is heading for US ports, the result of the OPEC heavyweight slashing its April selling prices during the thick of its price war with Russia last month.
Oil-state senators are calling on the White House to impose tariffs or other tra...
16:24
2020-04-20
With the world locked down for the coronavirus, global oil demand is seeing its sharpest plunge on record.
Current estimates have 2020 oil demand contracting by as little as 6.8 million b/d, as predicted by OPEC, to as much as 9.3 million b/d, according ...
18:45
2020-04-13
President Donald Trump once saw gasoline prices below $1/gallon one of his greatest assets in his re-election campaign, but low oil prices have pushed US shale and American energy dominance to the brink of collapse and his views have changed.
On this week...
15:28
2020-04-06
OPEC, primarily Saudi Arabia, has found blame for the recent price collapse, with calls from the US Congress for tariffs, import bans and sanctions. To start this week’s Capitol Crude, Senator Kevin Cramer, a North Dakota Republican, talks about his vie...
17:37
2020-04-01
US lawmakers from oil-producing states are trying to increase pressure on the White House to do something to help drillers getting hammered by plummeting prices -- from aggressive diplomacy to banning crude imports.
We spoke with US Senator Lisa Murkowski...
16:00
2020-03-30
The consequences of this will likely last years. In the midst of a price war, global oil demand is in a free fall. The spread of the coronavirus has left 3 billion people worldwide unable to get on a plane, drive to work or go anywhere, really, at all.
I...
9:41
2020-03-23
As oil prices dipped to levels not seen in nearly two decades, US shale operators slashed budgets and rig counts and braced for a hellish few months, if not years. Is even a modest price rebound possible in the near term? Will Saudi Arabia and Russia ret...
11:29
2020-03-20
US Energy Secretary Dan Brouillette joined Capitol Crude hours after his department announced it was seeking an initial 30 million barrels of US crude oil to store in the country's emergency stockpile.
This is part of President Donald Trump's pledge to f...
25:37
2020-03-16
The fallout from the coronavirus and the collapse of the OPEC+ supply cut agreement have dealt US shale producers a massive blow. How the sector ultimately fares might depend on where US oil exports are headed.
US crude exports climbed above 4 million b/d...
25:04
2020-03-09
The relationship between the US and Saudi Arabia is ... complicated. For decades, the US has depended on the Saudis for crude oil exports and the Saudis have depended on the US for military protection. But US shale oil growth has changed all that.
On this...
20:00
2020-03-02
Seemingly long-term US sanctions on oil flows out of Iran and Venezuela, a blockade in Libya with no end in sight, and even more production cuts from the OPEC+ coalition expected this week are adding up to a loss of roughly 6% of global supply -- but pric...
17:40
2020-02-24
As investors and consumers demand more focus on sustainability, the oil industry is feeling the pressure.
What will an energy transition mean for liquid fuel use, and will oil refiners be able to respond to radical shifts in demand in the coming decades? ...
23:51
2020-02-18
Even with the Democratic candidate still uncertain, this November’s US presidential election presents two distinctly divergent paths forward for global oil policy, David Goldwyn says on today’s Platts Capitol Crude podcast.
Goldwyn, president of Goldw...
26:50
2020-02-10
Alberta Premier Jason Kenney hopes to end his government's oil production curtailments this year as rail and pipeline capacity expand to handle the full supply.
The province posted record-high oil production in December despite the curtailments, as exempt...
17:38
2020-02-03
After more than a year of crippling US sanctions, Venezuela’s once-thriving oil sector is a shell of its former self: its output just a fraction of its peak, its state-run oil company toxic to international investors, its pipelines crumbling, its refine...
26:02
2020-01-27
When it comes to total shareholder return, oil and gas companies have performed the worst of any industry over the past five years, according to a new report from the Boston Consulting Group.
Oil price and geopolitical uncertainty, mistrust of management ...
7:34
2020-01-17
Record supply disruptions in an already well supplied market may have contributed to the departure of a true risk premium in the oil market, Paul Sheldon, chief geopolitical advisor with S&P Global Platts Analytics tells Platts Capitol Crude. On this week...
20:23
2020-01-13
As rising US oil production allows the Trump administration to rewrite foreign policy, what if projections for its continued growth are wrong?
Adam Waterous, CEO of Waterous Energy Fund, thinks North American oil and gas producers face severe capital fli...
17:49
2020-01-03
Crude prices have surged, Iran has vowed revenge and analysts expect another attack on energy infrastructure in the Middle East, potentially impacting global oil supply significantly in the near term.
On this Platts Capitol Crude we talk to Behnam Ben Ta...
14:49
2019-12-30
Carbon-capture projects are not economically viable at the moment and will need a major increase in government spending for wide-scale deployment, says John Minge, former chairman and president of BP America.
On today’s Platts Capitol Crude, Minge talk...
24:20
2019-12-23
The oil market is closing out 2019 with a smaller geopolitical risk premium despite the September attack on Saudi Arabia's Abqaiq facility exposing a staggering supply vulnerability.
Greg Priddy, Stratfor's director of global energy and Middle East, argue...
19:08
2019-12-16
US oil producers seem to be at an inflection point, where efficiency gains are waning, output growth is slowing and capital is drying up, Antoine Halff tells Platts Capitol Crude.
On this week’s episode, Halff talks rig counts, well completions and fla...
6:03
2019-12-09
OPEC, Russia and its nine other oil-producing allies have agreed to fresh supply cuts, but how much compliance will they achieve in the next three months?
Former Capitol Crude host Herman Wang returns with details of the deal struck in Vienna on Friday. ...
12:38
2019-12-02
The US shale oil boom has been heralded as an economic windfall for small towns from New Mexico to North Dakota. But it has also strained local public services, putting a toll on education, infrastructure and housing, while leaving many communities more s...
6:53
2019-11-25
As US crude oil exports surge above 3 million b/d, is the US-China trade dispute inhibiting growth? Can US crude oil exporters survive without access to the world's biggest demand market?
On today's Platts Capitol Crude, we talk to Jacques Rousseau, manag...
19:51
2019-11-18
On today’s Platts Capitol Crude, Lynn Helms, director of the North Dakota Department of Mineral Resources, says Bakken oil output will continue to break records into 2020, but enforcement of gas capture rules will hinder growth, potentially for years.
H...
11:33
2019-11-11
After the Abqaiq attack, OPEC+, trade fights, and the ongoing record growth of US shale, oil prices are, basically, right where they were a year ago.
Are supply and demand aligned? Is the oil market actually balanced, or at least as balanced as it will ev...
17:45
2019-11-04
US oil producers are bracing for a tough end to 2019: flat prices, falling rig counts, slower drilling permits and fewer well completions.
Karr Ingham, a petroleum economist from Amarillo, Texas, and the executive vice president of the Texas Alliance of E...
18:08
2019-10-28
The 2020 fight over energy policy is just getting started, and investors already have a bad case of heartburn over Democratic presidential candidates' proposals to ban all fracking in the US.
Katie Bays, who advises institutional investors as co-founder o...
7:40
2019-10-23
The future of Citgo and its three US refineries hangs on this weekend's deadline for the interim Venezuelan government to make a massive bond payment that it can't likely pay.
The Guaido administration's ad-hoc PDVSA board could lose control of Citgo bec...
10:02
2019-10-21
On this week’s Platts Capitol Crude we talk with Keisuke Sadamori, the International Energy Agency’s director for energy markets and security, about the US’ changing role in the global oil market and necessity of the US Strategic Petroleum Reserve. ...
11:35
2019-10-14
Venezuela is in the midst of an economic collapse, its political future remains uncertain and Citgo appears unlikely to be able to pay a more than $900 million bond payment due later this month.
Could creditors soon seize Venezuela’s core foreign asset...
8:43
2019-10-07
International buyers of US crude exports are increasingly seeking specific grades that once made up the blended pool of West Texas Intermediate.
Buyers can request these "neat" barrels, thanks in part to new pipelines from the Permian to the Texas Gulf Co...
18:03
2019-09-30
The September 14 attack on Saudi oil projects took 5.7 million b/d of crude supply off the global market, but, ultimately, had little impact on oil prices. That’s partly due to the growth of US oil production.
But what is global demand from US crude an...
32:46
2019-09-23
A week after attacks on Saudi oil facilities shut down nearly 6% of the global oil supply, Brent futures prices are up less than $5/b. The market reaction has been wrong, though, giving Saudi estimates that output will quickly return far too much credibil...
24:36
2019-09-16
Pioneer CEO Scott Sheffield sees Permian production growth slowing next year, but he still thinks the basin will eventually pump a staggering 8 million b/d.
In an interview with Capitol Crude at the Center for Strategic and International Studies, Sheffie...
13:40
2019-09-09
Columbus Oil operates 27 oil wells in rural Oklahoma which each produce an average of just 8 to 10 b/d of oil equivalent. On this week’s Capitol Crude, Darlene Wallace, Columbus’ president, CEO and owner, talks about all the cost-cutting she’s had t...
11:08
2019-09-03
On this week’s Platts Capitol Crude, we look at the impact of the US shale boom on the US economy as the Trump administration continues to push the narrative that a recession is not imminent.
Mine Yucel and Michael Plante with the Federal Reserve Bank ...
14:22
2019-08-26
Last week, the Trump administration held its latest auction for oil and gas leases in the Gulf of Mexico. The sale generated high bids of less than $160 million, drawing interest in less than 1% of the total acreage offered. But could those bids be nullif...
13:10
2019-08-19
Alberta oil producers are in the eighth month of mandatory production curtailments. Have they worked?
On today’s Capitol Crude, Rory Johnston, a commodity economist at Scotiabank, talks about the impact of the curtailments on prices, supply and investm...
17:46
2019-08-12
Tariffs, retaliatory tariffs and currency fights, the US and China are locked in a trade war with massive consequences for the global economy.
What impact will this fight have on US crude oil exports and ongoing US sanctions on oil exports out of Iran an...
14:38
2019-08-05
With their output shattering records, US oil producers are flaring an unprecedented amount of unwanted gas.
On this week’s Platts Capitol Crude, Ali Oktay, a senior pricing specialist with S&P Global Platts, talks about why flaring is increasing in the...
21:17
2019-07-29
On today's Platts Capitol Crude, Fernando Ferreira, a senior analyst with Rapidan Energy Group, discusses a new report that forecasts the oil market impact of Iran successfully blocking the Strait of Hormuz, the world's busiest oil chokepoint.
Rapidan's r...
14:10
2019-07-21
On this week's Platts Capitol Crude, we take a closer look at rising tensions between the US and Iran, tanker attacks in the Strait of Hormuz, Iran's dwindling oil exports, and China's future as Iran's top importer.
Brian Hook, the US State Department's s...
18:24
2019-07-15
The Barrel Brothers are back! US Energy Information Administration petroleum analysts Jeff Barron and Mason Hamilton talk: the price impacts of the Philadelphia Energy Solutions refinery explosion and closure; the state of East Coast gasoline supply and d...
13:45
2019-07-04
OPEC, Russia and other producing partners agreed to extend their 1.2 million b/d supply cut agreement for another nine months as Saudi energy minister Khalid al-Falih outlined OPEC’s new role as a reactionary force to US shale growth.
On today’s Plat...
9:36
2019-07-01
While the peak oil theory is dead, the industry faces a very real prospect of peak demand -- and sooner than you might think.
Helen Currie, ConocoPhillips' chief economist, talked with Capitol Crude about where the major US oil producer sees global demand...
13:43
2019-06-24
After weeks of uncertainty, OPEC and its allies will meet July 1 and 2 in Vienna and the fate of the 1.2 million b/d production cut agreement will be the key item on the agenda.
On today’s Platts Capitol Crude, Spencer Dale, BP’s chief economist, dis...
5:35
2019-06-18
The Trump administration took a message of abundant US energy exports to the G-20 energy meetings in Karuizawa, Japan, over the weekend.
We spoke with Deputy Energy Secretary Dan Brouillette, who represented the US delegation along with Environmental Prot...
6:38
2019-06-17
Oil tanker attacks have the International Energy Agency "seriously concerned" about oil supply security, and yet oil demand growth concerns have tempered the price reaction for now.
Platts Capitol Crude spoke with IEA Executive Director Fatih Birol on the...
17:17
2019-06-10
In the thick of its trade dispute with China, the Trump administration threatened last week to start yet another tariff fight with a major trading partner: Mexico. This one would have hit Gulf Coast refiners hard, potentially making it uneconomical to imp...
13:56
2019-06-03
Some view the Trump administration’s push to expand offshore oil and gas drilling to most federal waters as a failure. But with plans for oil and gas lease sales for the Atlantic and Arctic on an indefinite hold, amid court battles and leadership change...
8:48
2019-05-28
A movement to reduce plastic use has led to bans worldwide on shopping bags, straws and other single-use items, but no noticeable impact on demand for crude oil and other feedstocks used to make plastic.
Petrochemical and plastic demand is forecast to inc...
6:38
2019-05-20
As tighter US sanctions against Iran continue to change global oil flows, Asian refiners are testing a new grade of lighter crude flowing from the Permian Basin.
West Texas Light has an API gravity averaging 48, compared with traditional WTI at 38-44 API...
16:29
2019-05-13
On this week’s podcast we speak with Henry Rome, an Iran analyst with the Eurasia Group, about why the global oil market is not as stable and well-supplied as the Trump administration wants the world to believe.
Rome sees a supply crunch only getting w...
18:16
2019-05-06
The US is producing more than twice the oil it was a decade ago, with about a third of the workers needed to do so, according to Jamie Webster, a senior director at the BCG Center for Energy Impact.
On this week’s Capitol Crude, Webster, also a fellow ...
18:20
2019-04-29
The Trump administration will not extend its Iran sanctions waivers to China, India and other buyers in an attempt to push Iran exports to zero. But Sara Vakhshouri, president of SVB Energy International, argues on today’s Platts Capitol Crude that even...
16:01
2019-04-22
Crown Prince Mohammad Bin Salman arrived in the US a year ago to help write a new chapter in US-Saudi relations, but following the murder of Jamal Khashoggi, have relations been irreparably strained?
On this week’s Platts Capitol Crude, Matt Reed, vice...
7:40
2019-04-15
A bill in Washington state could shut down 150,000 b/d of Bakken rail traffic through the Pacific Northwest, boost oil imports from Alaska and Asia through Puget Sound and increase North Dakota shipments to the US Gulf Coast.
On this week’s Capitol Cru...
18:52
2019-04-08
Nine years ago, President Barack Obama signed a regulation into law requiring oil, gas and mining companies to publicly report all payments made to governments, an effort aimed at curbing decades of corruption, but President Donald Trump has repealed that...
13:09
2019-04-01
A month from now, waivers which have allowed Iran’s biggest crude oil and condensate buyers to keep buying Iranian oil are set to expire.
Analysts fully expect the administration to extend the waivers, but fissures have emerged within the administratio...
23:56
2019-03-25
On this week’s Capitol Crude, Frank Verrastro and Andrew Stanley with the Center for Strategic & International Studies’ energy and national security program talk about the state of Venezuela’s oil sector, the impact of US sanctions on PDVSA and wha...
22:00
2019-03-18
Platts Capitol Crude was in Houston last week talking with S&P Global editors about three stories shaping the domestic oil market.
Laura Huchzermeyer, managing editor, Americas crude, and Catherine Wood, associate editor, Americas dirty tanker markets, ta...
8:50
2019-03-13
After years of complaints from US policymakers that OPEC was having undue influence on global oil prices, has US foreign policy become the major manager of the world crude market? With sanctions, tweets from President Trump and trade disputes, the US may ...
14:06
2019-03-11
On this special edition of Platts Capitol Crude from CERAWeek by IHS Markit in Houston we’re talking about the shifting global flows in crude grades.
Demand for heavy crudes, due largely to US sanctions on Venezuela and Iran, is growing as production o...
9:10
2019-03-08
On this early edition of Capitol Crude, we predict the top themes of next week’s CERAWeek, the mega-conference where US shale producers, US government officials and OPEC ministers rub elbows.
We spoke with American Petroleum Institute President and CEO ...
15:04
2019-03-04
Have record US oil production and crude exports changed the US role in global maritime security? How can oil flows calm the brewing feud between the US and China? Is the closure of the Strait of Hormuz a credible threat?
On this week’s podcast, Dennis B...
16:44
2019-02-25
Sanctions have been imposed and reimposed, US oil production continues to shatter records, but WTI and Brent prices have yet to blink.
Are the days of oil climbing over $100 or below $30/b over?
On today’s podcast, Ed Morse, Citigroup’s global head ...
10:12
2019-02-19
Is the looming IMO 2020 deadline for cleaning up marine fuels the Y2K of today's oil market?
The American Fuel & Petrochemical Manufacturers say US refiners are well prepared to meet the stricter sulfur standards by January 1 after having a dozen years to...
7:18
2019-02-11
It’s been two weeks since the Trump administration unveiled sanctions on PDVSA, Venezuela’s state-owned oil company, and questions remain over where US Gulf Coast refiners will find replacement, heavy barrels, where Venezuela might ship its displaced ...
15:03
2019-02-04
Rampant oil consumption in Middle East nations is undermining their energy export economies and subsidy reform is desperately needed, Jim Krane argues in his new book “Energy Kingdoms: Oil and Political Survival in the Persian Gulf."
On this week’s Ca...
9:46
2019-01-28
Global gasoline demand is stagnating and stronger fuel economy standards and the rise of electric vehicles could soon push demand down. But jet fuel demand is rising relatively dramatically and could soon be the key driver of world oil consumption, accord...
11:34
2019-01-22
The US Environmental Protection Agency is running out of time to deliver on President Donald Trump's promise to approve 15% ethanol blends by this summer’s driving season.
US Senator Mike Rounds, Republican-South Dakota, joined Capitol Crude to tell us ...
17:49
2019-01-14
The Trump administration is pushing to expand oil and gas drilling to nearly all federal waters while weakening offshore safety rules developed in response to the Deepwater Horizon disaster.
On this week’s Capitol Crude, David Hayes, a deputy Interior ...
15:39
2019-01-07
On this week’s Capitol Crude podcast we look at Alberta’s recent decision to cut crude oil output by 325,000 b/d.
David Goldwyn, president of Goldwyn Global Strategies, says the Canadian production curtailment may be more severe micromanagement of th...
20:28
2018-12-10
A month after reimposing sanctions on Iranian crude oil exports, the Trump administration has no clear policy end game.
What are the administration’s goals? Will sanctions waivers really be just temporary? Could high prices cause the administration to...
5:45
2018-12-05
US President Donald Trump is putting unprecedented pressure on Saudi Arabia to keep oil prices low as OPEC ministers arrive in Vienna this week. Trump spent the past month working to soothe US-Saudi relations, as criticism over the killing of journalist J...
13:18
2018-12-03
With its reserves shrinking, Colombia recently set a goal to double its oil output. But the country’s oil production has fallen and with attacks on pipelines and legal fights over fracking it remains unclear which direction output in the South American ...
11:59
2018-11-26
Far-right politician Jair Bolsonaro has been elected Brazil's next president, a victory widely viewed as good for the country's oil sector. What does the election of the man dubbed the "Tropical Trump" mean for Petrobras, its subsidiaries, fuel subsidies,...
14:49
2018-11-19
Big questions remain about the outlook for Mexico's oil sector as President Andres Manuel Lopez Obrador takes office December 1.
Duncan Wood, director of the Wilson Center's Mexico Institute, joins Meghan Gordon and Brian Scheid to talk about some of the ...
16:33
2018-11-01
The global crude oil market is in the final countdown before US sanctions on Iranian crude exports snap back on Monday. The US is expected to announce potential waivers from sanctions as soon as Friday, but what countries may get them?
Amos Hochstein, a ...
17:25
2018-10-29
Foreign governments cannot believe how much the US spends to store government-owned gasoline. The Department of Energy no longer plans to establish a dedicated marine terminal to ship out its emergency crude. And despite record-breaking US oil output, the...
7:03
2018-10-22
Looming Iran sanctions, the ongoing collapse of Venezuela’s oil sector and increased uncertainty surrounding output out of Nigeria and Libya indicate that a historic global oil supply crunch could be nearing. On this week’s Capitol Crude podcast, we l...
12:43
2018-10-15
With control of Congress at stake in next month’s US midterm elections, we look at the three possible scenarios and oil policy consequences after all the votes have been counted. Kevin Book, managing director with ClearView Energy Partners, walks throug...
15:39
2018-10-08
With oil prices on the rise, the Trump administration is ramping up criticism of OPEC, with US President Trump pressing Saudi Arabia to do much more to push oil prices down and the State Department telling S&P Global Platts that it wants OPEC and other pr...
5:43
2018-10-01
On today’s Capitol Crude we look at the ongoing trade war between the US and China and whether US crude oil exports could be subject to retaliatory tariffs.
Frank Verrastro with the Center for Strategic and International Studies discusses why Chinese oi...
8:37
2018-09-24
In just over a month, California voters will decide whether to repeal a recent 12 cents/gallon gasoline tax increase and prevent state lawmakers from increasing gas taxes in the future. The potential change could have a major impact on California’s 43 m...
5:34
2018-09-17
On this week’s Platts Capitol Crude we look at a plan by Congress to lease unused space in the US Strategic Petroleum Reserve to private companies and foreign governments.
We talk to Congressman Joe Barton, a Texas Republican, former chairman of the Hou...
8:49
2018-09-10
President Donald Trump recently signed into law expanded powers for the Committee on Foreign Investment in the United States. The inter-agency group led by the Treasury secretary reviews outside investment in US companies for potential national security t...
7:01
2018-09-04
Out with NAFTA, in with the US/Mexico trade deal. The agreement reached last week between Washington and Mexico City appears to include a provision the US oil and gas industry saw as critical to protecting investments in the newly opened Mexican upstream....
7:29
2018-08-27
US Senator Tina Smith, Democrat-Minnesota, joins Capitol Crude to share how President Donald Trump’s biofuel policies and trade wars are playing in the Midwest ahead of the November midterm elections. In Iowa this summer, Trump said he would approve yea...
10:58
2018-08-20
US lawmakers in both chambers of Congress have proposed a raft of new sanctions to counter Russian interference in US elections and alleged use of banned weapons. Most of the bills target energy trade or investment, whether it's Russian joint ventures wit...
7:47
2018-08-13
Colorado voters will decide in November whether to expand land setbacks for oil and gas wells. We spoke with Dan Eberhart, CEO of Denver-based oilfield services company Canary, about how the proposed rule could limit the state’s production potential.
Eb...
10:50
2018-08-07
Criminals used to evade US energy sanctions. Now, longtime US allies and trading partners likely will, Richard Nephew, a senior research scholar at the Center on Global Energy Policy at Columbia University, tells the Platts Capitol Crude podcast.
In Part ...
9:48
2018-08-06
On today’s S&P Global Platts Capitol Crude, we’re talking about the impact of Iran sanctions on oil prices and future global supply. Richard Nephew, a senior research scholar at the Center on Global Energy Policy at Columbia University, talks about ho...
16:40
2018-07-30
The US is on the verge of becoming a net oil exporter, a market shift unthinkable just a few years ago. On this week's Capitol Crude, John Auers, an executive vice president at Turner, Mason & Company and a refining sector expert, talks about the changing...
12:27
2018-07-23
The US Energy Information Administration expects Venezuelan oil production to sink below 1 million b/d by the end of this year and fall to 700,000 b/d by the end of 2019.
EIA analyst Lejla Villar, who developed those forecasts, joins Capitol Crude to tal...
13:11
2018-07-16
The clock is ticking down on the return of US sanctions against Iranian oil customers, but the messages coming out of Washington still seem to be in flux. Will all countries have to cut their imports to zero if they want to continue to have access to the ...
8:57
2018-07-09
Will US President Donald Trump agree to weaken or lift sanctions during an historic summit with Russian President Vladimir Putin? Only Trump likely knows.
On this week’s Capitol Crude, Daniel Fried and Bill Richardson discuss the likelihood of sanctions...
10:31
2018-07-02
On this week’s S&P Global Platts Capitol Crude podcast we look at why there’s a growing price differential between WTI and WTI. Refiner concerns over blending and perceptions over crude quality have led to changes in specifications for WTI. John-Laur...
15:18
2018-06-25
A major US driller delivered a message to OPEC last week in Vienna, urging the oil ministers to increase production to prevent a price spike that would damage both groups and trigger yet another boom-and-bust cycle.
Scott Sheffield, chairman of Pioneer Na...
9:14
2018-06-18
Ahead of this week's OPEC meeting, we talk to the last US official to attend an OPEC meeting. Kent Hance, a member of the Railroad Commission of Texas and a former US congressman, attended an OPEC meeting in Vienna 30 years ago. He thinks Trump administra...
23:29
2018-06-08
What will impact the global oil market more: the collapse of Venezuela’s oil sector or the US exit from the Iran nuclear deal?On this week’s Capitol Crude, Meghan Gordon and Brian Scheid talk with Amy Myers Jaffe, director of the Council on Foreign Re...
13:56
2018-06-04
US Treasury Secretary Steven Mnuchin has called energy trade a rare bright spot in trade relations with China and has called for a nearly sixfold increase in American energy exports. Is that realistic?This week, Meghan Gordon and Brian Scheid talk with Ja...
13:56
2018-05-30
Faced with staggering oil costs, the US Navy once launched an effort to innovate how it fuels its fleet with biodiesel and other alternatives.But without $100/b oil, the innovation effort may never get serious, according US Navy Admiral Jonathan Greenert....
21:56
2018-05-29
Iran threatened to shut down the Strait of Hormuz back in 2012. Now that the US is exiting the Iran nuclear deal, will the threat to shut downthe world’s busiest oil chokepoint return?On the latest episode of Capitol Crude, US Navy Admiral Jonathan Gree...
18:19
2018-05-21
On today’s Capitol Crude we’re talking oil piracy, sanctions busting and petroleum’s black market in international waters.Ian Ralby, founder and CEO of I.R. Consilium, and David Soud, head of research and analysis at I.R. Consilium, talk with Brian ...
14:05
2018-05-14
US sanctions against Iranian oil buyers go back into force in early November, and the Treasury Department has instructed countries to make significant cuts to their imports in the next six months to be considered for potential sanctions relief. But much i...
7:07
2018-05-07
California, 16 other states and the District of Columbia have sued the Environmental Protection Agency challenging the Trump administration’s move to weaken fuel economy standards for 2022-2025 model year cars and light trucks.John Gioia, a member of th...
11:21
2018-04-30
Iraq is working to sharply expand its oil export capacity despite its agreement as part of OPEC to hold back supply. Those ambitions could get an unexpected boost from US President Donald Trump’s exit from the Iran nuclear deal, if reimposed sanctions t...
15:58
2018-04-23
Geopolitical risks are flaring up across the globe, raising the prospects of oil supply disruptions. Has the market priced in these risks adequately? And what role is US shale supply playing?Veteran analysts Joe McMonigle of Hedge Risk Management and Kevi...
07:41
2018-04-16
Jeff Barron and Mason Hamilton, petroleum markets analysts with US Energy InformationAdministration, talk about New Mexico, America’s new oil powerhouse. Why is New Mexico moving up the US’ oil output rankings? What’shappening with Alaska, North Dak...
07:46
2018-04-09
Why are US gasoline exports to Mexico breaking records? Why are Canadian crude exports to the US Gulf Coast climbing? What about Keystone XL?Mason Hamilton and Jeff Barron, petroleum markets analysts with the US Energy Information Administration, join the...
18:43
2018-04-02
As the US government continues to sell off hundreds of millions of barrels from its crude oil stockpile, a new report argues that the Trump administration should start building reserves of gasoline, jet fuel and other refined products.Phillip Cornell, the...
13:16
2018-03-26
On this week’s podcast, Matt Reed, vice president of Foreign Reports, tellsMeghan Gordon and Brian Scheidabout the Saudi Crown Prince Mohammed bin Salman’s trip to the US. Can Saudi Arabia be allies with both the US and Russia? What will happen to the...
18:43
2018-03-19
Venezuela’s oil sector is in freefall, but where will it stop?On this week’s podcast, Francisco Monaldi, the Latin American energy policy fellow at Rice University's Baker Institute for Public Policy, tells Meghan Gordon and Brian Scheid that Venezuel...
08:16
2018-03-12
How has the growth of US oil production impacted US diplomacy? On the sidelines of CERAWeek in Houston, Capitol Crude talked with government officials and analysts on how the United States’ evolving role in the global oil market is changing how it views...
00:00:00
2018-03-06
It's Day 2 of CERAWeek by IHS Market and we’re again talking Permian. The shale play is seeing the most explosive growth in the world, but could a lack of pipeline and port capacity hinder future output?On this special episode of Capitol Crude, Neil Atk...
14:36
2018-03-05
Capitol Crude is live from CERAWeek by IHS Markit in Houston. On this special episode, we’re talking Permian output, which the International Energy Agency said Tuesday will fuel 40% of global oil supply growth over the next five years.S&P Global Platts ...
24:09
2018-03-05
On this week's Capitol Crude podcast we interview Ellen Wald author of the new book 'Saudi, Inc.: The Arabian Kingdom’s Pursuit of Profit and Power.' Wald talks about Saudi Arabia’s modest beginnings in the global oil market, the US role in developing...
12:26
2018-02-26
US oil refiners consider this year to be their best shot in a decade at reforming the Renewable Fuel Standard, and they are holding up a Philadelphia refinery as a poster child of what is wrong with the biofuel mandate.Two sides of the RFS reform debate g...
22:10
2018-02-20
The Trump administration is considering sanctions on Venezuelan oil exports, but is worried they could bankrupt a refinery along the US Gulf Coast, a top energy adviser to President Donald Trump tells Platts Capitol Crude.On this week’s podcast, George ...
21:41
2018-02-20
It was chaos in the White House when George David Banks arrived at the White House, he tells Platts Capitol Crude. Banks, who stepped down as White House Special Assistant at the National Economic Council and National Security Council last week, talks Tru...
12:55
2018-02-12
US oil output is already shattering records and, fueled by dramatic growth in the Permian, is expected to exceed 11 million b/d by late this year. But hurdles, from pipeline and port constraints to refining differences, remain, Kenneth Medlock tells the P...
24:01
2018-02-05
US oil output has exceeded 10 million b/d for the first time since 1970. What does this mean for diplomacy, sanctions and trade policy? Where is the US production ceiling now?On this week’s Platts Capitol Crude podcast, Sarah Ladislaw, director of the e...
09:23
2018-01-29
Why Florida?On this week’s podcast, Senior Editors Meghan Gordon and Brian Scheid look at the Trump administration’s plan to open nearly all federal waters to oil and gas drilling and Interior Secretary Ryan Zinke’s sudden and unusual decision to ex...
12:56
2018-01-22
On this week's Capitol Crude podcast we look at the implications of China’s first ever crude oil futures contract, expected to be launched in late March. The contract could bolster the standing of China’s currency and increase global oil market transp...
14:11
2018-01-15
Gary Ross, founder of PIRA Energy and head of global oil analytics for S&P Global Platts, says oil at $80/b is possible in the near term.S&P Global Platts senior editors Meghan Gordon and Brian Scheid talk to Ross about the impact the Trump administration...
10:16
2018-01-08
On this week’s Capitol Crude, Senior Editor Brian Scheid looks at one of the greatest mysteries in the US oil industry.In 1986, Chevron, BP and two Alaska Native corporations drilled a single well about 15 miles from the remote Alaska village of Kaktovi...
15:08
2018-01-02
Where are oil prices, supply and demand heading in 2018? And how will Washington policy shape oil markets?Capitol Crude talks with three experts about where they think oil prices will be at the end of 2018, what factors will influence the market and what ...
10:12
2017-12-18
US producers continue to fight against federal rules limiting methane emissions from oil and natural gas operations. The Trump administration has put an Obama-era methane rule on hold until 2019 as they draft another, likely weaker rule, but a major indus...
13:29
2017-12-11
Capitol Crude gets a crash course in geology to understand the potential for Permian Basin operators to use recycled water when drilling wells.Pioneer Natural Resources is building a pipeline network to haul produced water that comes up from the drilling ...
12:04
2017-12-04
Capitol Crude has an exclusive interview with Sheikh Mohammed bin Khalifa al-Khalifa, Bahrain’s oil minister, who sees a major crude supply crunch looming in the global market as investments dry up and US shale is likely to decline soon.Senior oil edito...
26:05
2017-11-27
Is peak oil demand a myth? Capitol Crude goes to Georgetown University to debate how electric vehicles, technology, policy and petrochemicals (and more) will influence whether demand for crude oil will peak around 2030.Senior oil editor Brian Scheid field...
9:02
2017-11-20
This week’s Capitol Crude looks at efforts by congressional Republicans to open up the Arctic National Wildlife Refuge to oil and gas development. After decades of debate, drilling in ANWR appears closer than ever, but there are a lot of open questions ...
15:32
2017-11-13
We know US oil drillers can react quicker these days to rising prices and put new production online. But for the first time, a study has quantified US shale drillers' price responsiveness.Richard Newell, the study's lead author and former chief of the Ene...
13:01
2017-11-06
Will Venezuela's oil sector — including PDVSA and Citgo — will be a help or hindrance as the country tries to restructure some of its crippling debt while also dealing with sanctions?Senior oil editor Brian Scheid talks with Risa Grais-Targow, directo...
12:55
2017-10-30
Dan Eberhart thinks WTI, not Brent, should be the global benchmark for oil prices. Eberhart, CEO of Canary, a Denver-based drilling-services company, thinks the rationale which turned Brent into the world-leading oil benchmark is now outdated.He speaks wi...
23:23
2017-10-23
The fate of the Iran deal has essentially been punted to the US Congress, so what is likely to happen (and not happen) as lawmakers evaluate a situation that could have impacts for global oil markets?Senior oil editors Brian Scheid and Meghan Gordon speak...
18:50
2017-10-16
The 100-year-old Jones Act got a lot of attention after a brutal hurricane season, but could its role within the US energy industry change as crude oil and LNG exports increase?Senior oil editors Meghan Gordon and Brian Scheid hear from US Representative ...
16:50
2017-10-09
Investment cycles can give clues about future oil market shifts, and recent slow investments are pointing toward a global crude shortage and price upticks, Jonathan Chanis tells senior oil editors Brian Scheid and Meghan Gordon.Chanis is senior vice presi...
25:46
2017-10-02
What happens if the US reimposes sanctions on Iran's oil sector without the support of Europe, China and Russia — all big players in the international energy landscape? Elizabeth Rosenberg, director of the energy economics and security program at the Ce...
16:26
2017-09-25
Capitol Crude's senior oil editors Brian Scheid and Meghan Gordon speak with Meghan O'Sullivan, author of the new book ‘Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America’s Power.’ O'Sullivan talks about US energy ...
8:42
2017-09-18
The US will produce an average 9.25 million b/d this year and the number will continue to grow over the next few years, according to the US Energy Information Administration. When will US oil producers reach 10 million b/d? And what will determine whether...
9:13
2017-09-08
Ahead of a possible United Nations Security Council vote Monday on an oil embargo to North Korea, Capitol Crude sits down with William Brown, an adjunct professor at Georgetown’s School of Foreign Service and an expert on North Korea.Senior oil editors ...
14:53
2017-09-05
The US Energy Information Administration is losing its top career official, and senior oil editors Meghan Gordon and Brian Scheid spoke with Howard Gruenspecht before he departed. Gruenspecht, the acting administrator since January and deputy administrato...
17:58
2017-08-28
Capitol Crude celebrates its 150th episode with part two of a talk with Amos Hochstein, President Barack Obama's top energy diplomat. Senior oil editors Brian Scheid and Meghan Gordon focus on the future of the Iran nuclear deal — which Hochstein helped...
14:56
2017-08-21
US energy sanctions are back in the news with Russia and Venezuela, so senior oil editors Brian Scheid and Meghan Gordon talk to someone who's been there, done that: Amos Hochstein, President Barack Obama's top energy diplomat. Hochstein, who served as Ob...
11:03
2017-08-14
Keystone XL faces a final regulatory hurdle in Nebraska, and there are still concerns whether the crude oil pipeline makes economic sense for TransCanada. Senior oil editor Meghan Gordon delves into whether recent news events and an ever-changing supply a...
14:18
2017-08-07
If the US follows through with sanctions on Venezuela, it can affect a slew of issues for US Gulf Coast refiners and the global markets for crude and refined oil products. Senior oil editors Meghan Gordon and Brian Scheid talk with John Auers, executive v...
14:18
2017-07-28
The US Congress is working to put new oil sanctions into place against Russia and the Trump administration is poised to impose new sanctions on Venezuela’s oil sector — sanctions which could include an embargo on Venezuelan crude imports into the US.A...
22:09
2017-07-24
Bob Dinneen, president and CEO of the Renewable Fuels Association, speaks to Capitol Crude about the future the Renewable Fuel Standard, biofuels and the big topics at the pump in the era of Trump.Dinneen speaks with senior oil editor Brian Scheid about t...
24:19
2017-07-17
The Trump administration is looking to expand drilling in federal waters in the Gulf of Mexico, Atlantic, Arctic and even the Pacific oceans. To learn more about the prospects of expanded offshore oil and gas production, senior oil editor Brian Scheid and...
13:10
2017-07-10
Talk about the US' need for energy independence evolved into a discussion about energy security, and now energy dominance has risen to the forefront. But what does that mean and what are the Trump administration's plans to achieve it? Senior oil editor Br...
22:35
2017-06-26
Newly proposed US sanctions on Russia target energy projects, like pipelines and crude oil production, and also provide new sanctions on mining, metals and other parts of the energy industry. But big questions remain about whether the sanctions will be pa...
10:36
2017-06-19
President Trump no longer wants to rip up NAFTA; he wants to renegotiate with Canada and Mexico. But the oil and gas sectors in all three countries have changed dramatically since 1994 when the landmark trade deal went into force. What impact will these u...
26:44
2017-06-12
Andrew Holland, director of studies and a senior fellow at the American Security Project, joins Capitol Crude to talk about how "energy is still a strategic, valued commodity" and key to national security.Holland also speaks with senior oil editor Brian S...
20:19
2017-06-05
Capitol Crude talks to Ali Zaidi, who served for eight years in the Obama administration, about an area where the economic and environmental concerns collide for the oil and gas industry: offshore. Zaidi, senior advisor at Morrison Foerster, most recently...
11:00
2017-05-30
The Trump administration has reopened a review of 2022-2025 fuel economy standards, which have a major impact on the vehicles automakers produce and, arguably, a modest impact on petroleum demand in the future.Senior oil editor Brian Scheid talks with Dre...
16:55
2017-05-22
US crude exports are in their nascent stages, relative to the rest of the world. But data about the exports reveals how the crude is entering the market. Mason Hamilton, petroleum markets analyst with the US Energy Information Administration, joins senior...
19:17
2017-05-15
Capitol Crude talks to some top players in the energy economics game to consider whether oil's perpetual quest for balance is possible and how it affects production and prices.John Kemp, senior market analyst, commodities and energy at Thomson Reuters, an...
19:38
2017-05-08
When OPEC reached its historic supply cut deal last year, Brent oil was trading for about $49/b ... and it still is. So has the deal been a failure, and what should the market expect from OPEC now?Senior oil editor Brian Scheid is in London, talking with ...
26:35
2017-04-29
Capitol Crude takes an environmentalists vs. industry look at President Donald Trump's first 100 days with Kathleen Sgamma, president of the Western Energy Alliance, and Bob Deans, director of strategic engagement for the Natural Resources Defense Council...
14:24
2017-04-24
Have refiners' hopes for a quick rollback of the US biofuel mandate by the Trump administration fizzled out? The industry judged two early appointments as signs of the president's willingness to reform the Renewable Fuel Standard. But with the administrat...
28:42
2017-04-17
How much of an impact are President Donald Trump's policies having on day-to-day trading within oil markets? And what about future regulations? Brian Scheid has a conversation with the S&P Global Platts oil futures team: Geoffrey Craig, Jack Laursen and J...
12:17
2017-04-10
Low oil prices and a lack of upstream spending are fueling a looming, worldwide supply crisis for the 2020s, some oil industry experts say. Adam Sieminski, former head of the US Energy Information Administration, and Michael Cohen, head of energy markets ...
10:00
2017-04-03
President Donald Trump came into the White House promising a new revolution for domestic fossil fuel producers. But have his policy efforts, including last week’s Energy Independence Executive Order, lived up to the hype? Senior oil editors Brian Scheid...
25:18
2017-03-27
Capitol Crude looks to Mexico, where reform is upending the energy sector at a time when its relationship with the US could be on the cusp of a change. Senior oil editors Meghan Gordon and Brian Scheid talk with Lourdes Melgar, Mexico's former deputy secr...
21:46
2017-03-20
How safe are US pipelines seven years after the fatal natural gas pipeline explosion in San Bruno, California, and the 20,000-barrel heavy crude spill in Marshall, Michigan? Regulations designed in response to the accidents moved so slowly in the Obama ad...
7:26
2017-03-13
Capitol Crude looks at whether the landmark crude oil supply cut agreement between OPEC and non-OPEC producers may be undermined by growth of US shale oil supply.Spencer Dale, BP’s group chief economist, and Lynn Helms, North Dakota’s top oil and gas ...
13:23
2017-03-06
During the second presidential debate, Ken Bone asked a question that brought somewhat dormant energy policy to the forefront. Capitol Crude asks Bone, the man behind the internet's most famous red sweater, about President Donald Trump's energy policy pat...
20:35
2017-02-27
Senior oil editors Brian Scheid and Meghan Gordon talk with Jana Morgan, director of Publish What You Pay - US, on the likely fate of an anti-corruption rule with impacts on multinational oil, gas and mining companies.The rule, requiring companies to repo...
12:40
2017-02-21
The Texas Gulf Coast is gearing up to handle more US oil production and a potential rise in crude exports, but pipeline capacity already outstrips the area's refining capacity.Sandy Fielden, director of oil and products research at Morningstar Commodities...
10:18
2017-02-13
On February 3, US Federal Energy Regulatory Commission lost its quorum when Chairman Norman Bay announced he had "gone fishin’" and left the agency in regulatory chaos.Chris Newkumet, DC bureau chief and chief editor of Inside FERC, and Maya Weber, edit...
14:19
2017-02-06
Former ExxonMobil CEO Rex Tillerson has started his new job at the State Department, where he could still have a big impact on energy and commodity issues around the globe. Senior oil editors Meghan Gordon and Brian Scheid look at how Tillerson might appr...
19:59
2017-01-30
President Donald Trump has moved in to the White House and has already begun what many believe will be a major shift in US energy policy. But will Trump’s policy changes erase the Obama administration’s efforts to combat climate change?Jason Bordoff, ...
15:42
2017-01-23
Capitol Crude travels to Texas to discuss the impact President Donald Trump may have on US crude oil supply and gasoline demand. Laura Huchzermeyer, an associate editor who covers Americas shale crude and US West Coast crude, and Jeff Bair, managing edito...
38:52
2017-01-17
Robert McNally, author of the new book 'Crude Volatility: The History and the Future of Boom-Bust Oil Prices' joins senior oil editors Meghan Gordon and Brian Scheid to talk about the history — and future — of crude oil prices.McNally, a former White ...
37:04
2017-01-09
About two weeks before he plans to step down, Adam Sieminski, the head of the US Energy Information Administration, sits down with Capitol Crude to talk future oil prices, the path of US production and the outlook for global demand. Sieminski, EIA’s adm...
10:44
2016-12-19
Many are watching US oil producers after the deal between OPEC and non-OPEC producers and Donald Trump's election, and John Hess, CEO of Hess Corporation, shares his thoughts about the future of US shale.Hess talks with senior oil editors Meghan Gordon an...
19:58
2016-12-12
Energy independence is a goal for many when it comes to US energy security, and the future of both is influenced by both politics and complicated global energy markets. Senior oil editors Brian Scheid and Meghan Gordon talk to Robbie Diamond, president an...
13:45
2016-12-05
Total renewable fuel is slated to be more than 10% of the US fuel supply in 2017, breaking through the so-called blend wall. But how will a new presidential administration affect targets for the Renewable Fuel Standard?Senior oil editors Meghan Gordon and...
6:15
2016-12-01
In a special episode of Capitol Crude, senior oil editor Brian Scheid calls former podcast co-host Herman Wang in Vienna to get all the details of OPEC's historic decision Wednesday to cut production. Wang is our London-based OPEC reporter, and he explain...
20:30
2016-11-28
What are the best and worst scenarios from the upcoming OPEC meeting for Saudi Arabia, Iran, Iraq, Russia, the US and other crude producers? Matthew Reed, vice president of Foreign Reports, joins senior oil editor Brian Scheid to consider the likely outco...
16:55
2016-11-21
It's alive! After being buried in the White House policy graveyard last year by President Barack Obama, the Keystone XL pipeline is back from the dead following Donald Trump's election win. TransCanada is considering applying again for a permit for the 1,...
8:29
2016-11-14
Capitol Crude looks at how President-elect Donald Trump might handle US sanctions against Russia, given indications during the campaign that he would take a softer stance with Moscow.Will Trump ease these sanctions that are restricting Western oil compani...
8:03
2016-11-09
In a special post-election episode of Capitol Crude, senior editors Brian Scheid and Meghan Gordon look at what impact Republican Donald Trump’s victory will have on US oil policy. Geoffrey Craig, oil futures editor with Platts, stops by to talk about t...
18:01
2016-10-31
Venezuela has more proven crude oil reserves than any other country, yet hundreds of thousands of people are unable to buy necessities and are marching in the streets of Caracas. Senior oil editors Meghan Gordon and Brian Scheid talk with Raúl Gallegos, ...
12:01
2016-10-24
Former US Energy Secretary Bill Richardson joins senior oil editors Meghan Gordon and Brian Scheid to detail the changing role of OPEC in the global oil market and oil diplomacy. Richardson, who was also governor of New Mexico and a former presidential ca...
14:09
2016-10-17
The fight in the US between oil and gas producers and environmentalists has taken on a more urgent tone lately, in part due to the country looking ahead to a new president. Senior oil editors Brian Scheid and Meghan Gordon speak with Michael Brune, execut...
16:20
2016-10-10
This week’s episode of Capitol Crude looks at the fallout from OPEC’s Algiers meeting and the prospects for rebalancing global oil supply and demand.Platts senior editors Meghan Gordon and Brian Scheid talk to former Capitol Crude co-host Herman Wang ...
21:01
2016-10-03
It’s Donald Trump, Hillary Clinton and crude oil on this week’s Capitol Crude, as Platts senior editors Meghan Gordon and Brian Scheid look at what the race for the White House means for US oil policy and global supply and demand.Congressman Kevin Cra...
12:05
2016-09-26
Platts senior editors Brian Scheid and Meghan Gordon look at the spike in earthquakes in Oklahoma and neighboring states, areas that contributed to the US oil and gas boom.Justin Rubinstein, deputy chief of the US Geological Survey's Induced Seismicity Pr...
16:34
2016-09-19
Platts senior editors Brian Scheid and Meghan Gordon take you back to the 1970s with John Kingston, director of global market insights for S&P Global. It was an era of low US crude oil production, high prices, long gasoline lines and disco, and saw the ad...
7:35
2016-09-12
Low oil prices and less invested in exploration has squeezed crude production in the US, but Gulf of Mexico production is expected to grow -- even as regulators are growing increasingly concerned about another major spill or loss of life from offshore saf...
12:15
2016-09-06
Capitol Crude is back from summer vacation and taking a trip back to the mid-1990s in the US, when Hanson was on the radio, Seinfeld had new episodes and slickwater fracking was being developed. Nick Steinsberger revolutionized the production of oil from ...
23:48
2016-08-08
In the 100th episode of Capitol Crude, Platts senior editor Brian Scheid talks with Adam Sieminski, administrator of the US Energy Information Administration, on the state of the global oil market. Sieminski discusses where oil prices are heading, when th...
16:39
2016-08-01
The Obama administration unveiled final regulations for drilling in US Arctic waters, but questions remain about the future of oil production there. Will the Arctic be pulled out of the administration's upcoming five-year leasing plan, and will environmen...
15:04
2016-07-25
A new technical report on US fuel efficiency targets says the vehicle fleet may fall short of a goal of 54.5 miles per gallon. Senior editor Brian Scheid parses the key points of the report and talks with Sam Ori, executive director at the Energy Policy I...
12:37
2016-07-18
Fracking helped unleash a flood of new US oil and gas production, but regulating it is no simple task. The Obama administration has not embraced the environmental movement to keep all fossil fuels in the ground and the topic has become a wedge issue in th...
9:44
2016-07-11
Capitol Crude co-hosts Brian Scheid and Herman Wang couldn't get tickets to the Tony Award-winning musical "Hamilton," so they perform their own rap musical -- on oil policy, of course.Their tale of oil policy topics over the past few years is also Herman...
11:31
2016-06-27
Taking their cues from Conan O’Brien, Platts senior editors Brian Scheid and Herman Wang take Capitol Crude into the future – all the way to the year 2020, with predictions about Taylor Swift, 3-D printers, and a potential global oil supply shortage.A...
10:19
2016-06-20
On this week’s Capitol Crude, Brian Scheid and Herman Wang take you along on a recent tour of the Strategic Petroleum Reserve. With pipes corroding and tank floors failing, the US Department of Energy says the world’s largest stockpile of crude oil ma...
00:00:00
2016-06-13
Preparing to drive to that summer vacation? Gasoline is one of the most recognizable oil products to Americans, yet what drives the market is unknown to many. Senior oil editor Brian Scheid shares a few drinks with Jeff Bair, managing editor for US light ...
16:30
2016-06-06
Now that the breaking news is winding down, Capitol Crude analyzes what the June 2 OPEC meeting means for the global oil market, US policymakers and US crude producers. Herman Wang is in Vienna with details of the meeting, which will likely be remembered ...
11:50
2016-05-31
Recent complaints out of Tehran that the nuclear deal has yet to yield tangible benefits leaves questions about the future of the deal and what it would mean for oil. Senior editors Brian Scheid and Herman Wang delve into the hand-wringing by some, despit...
19:47
2016-05-23
Iraq's semi-autonomous Kurdistan region has been hard hit by the oil price plunge of late, but it is attempting to pull its oil industry out of the shadows and toward legitimacy. Platts senior editors Herman Wang and Brian Scheid are joined by Ben Lando, ...
10:28
2016-05-16
Saudi Arabia last week made a change in its oil leadership, naming former Saudi Aramco CEO Khalid al-Falih to the post of energy minister, replacing the long-serving Ali al-Naimi. Naimi, who regularly moved markets with his pronouncements on oil supply an...
10:45
2016-05-09
The state of the oil industry in Venezuela and its ailing PetroCaribe program are having effects on the market in other parts of the 'neighborhood' -- like the US, Caribbean and Central America. The Obama administration last week hosted the US-Caribbean-C...
10:40
2016-05-02
Oil prices have been on the rebound in recent weeks, with many market watchers saying that fundamentals appear improved. Some are predicting that the market will see supply and demand rebalance by the end of the year. Senior oil editors Brian Scheid and H...
14:21
2016-04-25
Iran's planned post-sanctions oil production path is colliding with crude market realities, keeping the country's production and exports from ramping up to meet initial expectations. Platts senior oil editors Herman Wang and Brian Scheid discuss the obsta...
9:02
2016-04-18
Alaska has long been a bastion of the US' oil production, even giving dividend checks to residents from oil revenues. But oil price woes are having a major effect on a state that has no state income tax or state sales tax, and crude production on Alaska's...
8:52
2016-04-11
On this week's Capitol Crude, Platts senior editors Brian Scheid and Herman Wanglook at the growing opposition to oil drilling in the Gulf of Mexico. Abigail Ross Hopper, director of the Interior Department's Bureau of Ocean Energy Management, says in an ...
12:05
2016-04-04
Republican presidential front-runner Donald Trump's proposal to ban US imports of Saudi Arabian crude appears unfeasible, but is the plan already damaging fragile ties with the Saudis and other overseas allies? Platts senior oil editor Brian Scheid looks ...
14:33
2016-03-28
While much of the US has its eyes glued to March Madness, the oil industry is wondering if there could be a big upset in store from a summit of OPEC and major non-OPEC producers in Doha, Qatar, on April 17. The oil producers will be meeting to finalize a ...
8:59
2016-03-21
As President Barack Obama leaves for his historic trip to Cuba, Platts senior oil editors Herman Wang and Brian Scheid look at what the potential end to the long-standing trade embargo means for US crude oil and petroleum products exports. Obama will be t...
15:50
2016-03-14
Since 2014, the US and its coalition allies have engaged in an intensive air strike campaign against Islamic State oil facilities, aiming to stamp out one of the terrorist group's vital sources of funding. The US has also announced sanctions on IS officia...
9:35
2016-03-07
There's been a lot made of prices and economics when it comes to the US exporting crude oil, but what about the actual logistics and capabilities to export? Platts senior oil editors Herman Wang and Brian Scheid talk with Luciano Battistini, Platts managi...
16:38
2016-02-29
Rusty Braziel, CEO of RBN Energy and author of "The Domino Effect," stops by to talk with Platts senior oil editor Brian Scheid about some of the biggest influences on US shale producers at the moment, as well as questions about the future of crude oil.Wo...
10:54
2016-02-22
The US is likely to raise its gasoline octane standard over the next decade or so, which has the ethanol industry shifting into high gear its fight to become a preferred blendstock. Platts senior editor Herman Wang talks with Jeff Bair, Platts' managing e...
10:42
2016-02-08
What does it mean for American oil supply and the policies around the oil industry when US crude producers are losing billions of dollars? Platts senior editors Herman Wang and Brian Scheid talk with Starr Spencer, senior editor for oil news, to learn abo...
12:35
2016-02-01
More than a month after longstanding limits on US crude exports were lifted, some unintended consequences of the policy shift are emerging. While American crude has started to trickle out on to the world market, cargoes of crude grades the US hasn't seen ...
11:37
2016-01-25
Europeans have embraced many American exports, like McDonald's Big Macs and Jazzercise. Will US crude oil be the next big hit across the pond? The first cargo of freely traded US crude oil has reached European shores, with the tanker Theo T arriving in Eu...
16:26
2016-01-19
This week, Capitol Crude looks at tyranny, autocrats, violent coups, and a big question: Who really owns oil? Senior editors Brian Scheid and Herman Wang talk to Leif Wenar about his new book, "Blood Oil: Tyrants, Violence, and the Rules that Run the Worl...
9:52
2016-01-11
Implementation Day of the Iran nuclear deal is potentially just around the corner, when the US and EU will lift sanctions on Tehran's oil sector. But don't be fooled by the name. With that opportunity comes risk, as many other sanctions -- notably a US tr...
13:31
2015-12-21
During the final Capitol Crude episode of 2015, Platts senior oil editors Brian Scheid and Herman Wang take a look at the effect of US crude oil production, consumption, and exports on climate goals.Michelle Patron, the former White House special assistan...
6:07
2015-12-16
Congress has agreed to a potentially landmark deal which includes an end to limits on US crude exports, and for the first time in 40 years, US oil producers could soon have access to the global market.In a special breaking news episode of Capitol Crude, s...
8:05
2015-12-14
When the world is awash with crude oil and prices have cratered over the past 18 months, can any federal policy make a difference to US producers? Platts senior editor Brian Scheid talks to Christopher Guith, a senior vice president for policy at the US C...
11:55
2015-12-07
Following last week’s controversial and drama-filled OPEC meeting, Platts senior editors Herman Wang in Vienna and Brian Scheid in Washington detail the twists and turns that led to an announcement Friday that there wouldn’t be a cut to the oil produc...
12:53
2015-11-30
On this week's Capitol Crude, George David Banks drops in to talk about the impact US oil production and export policy is having on diplomatic relations with China and the South China Sea territorial dispute.How can US shale production alter global trade ...
6:32
2015-11-23
It's the Marcia, Marcia, Marcia moment: Everyone's talking about the Paris climate talks and their impact on power markets, but what about oil markets? Platts senior editors Herman Wang and Brian Scheid look at how the upcoming talks could be seen as "ext...
8:56
2015-11-16
This week, Capitol Crude becomes Capitol Crude Conundrum, America's favorite US oil policy game show. Platts senior editors Brian Scheid and Herman Wang welcome special guests, like Brent from West Texas, and take on some of the latest issues in the Ameri...
10:15
2015-11-09
From deep in the heart of Texas, Platts' Brian Scheid talks with Matt Cook, head of Platts' Americas crude and fuel oil markets team, about US crude oil and condensate exports and Houston sprawl.The US Gulf Coast is a hotspot for exports, and Cook shares ...
9:43
2015-11-02
Just like the world's petrostates, Platts senior editors Brian Scheid and Herman Wang are feeling the pinch from lower oil prices brought on by the US shale boom. While Brian and Herman bemoan the cutbacks they've been forced to make and fret about their ...
10:42
2015-10-26
There are no Ewoks in this third installment, but Platts senior editors Brian Scheid and Herman Wang complete their trilogy on US offshore oil and gas policy by examining the cancellation of future US Arctic lease sales.Randall Luthi, president of the Nat...
9:38
2015-10-19
The US' Jones Act and its impact on offshore oil production in the Gulf of Mexico is causing federal agencies to go public with their concerns. Platts senior editors Herman Wang and Brian Scheid take a deep dive into how the US Bureau of Safety and Enviro...
9:23
2015-10-12
Capitol Crude takes a look at the US EPA's National Ambient Air Quality Standards (NAAQS) for ground-level ozone, issued October 1, which sees the air pollution limit lowered from 75 ppb to 70 ppb, drawing protests from the oil and gas industry and enviro...
8:42
2015-10-05
Another potential relationship fizzling with the end of the summer: After seven years and $7 billion, Shell has decided to abandon pursuing oil and gas drilling in the Arctic, despite its offshore Alaska activity just this summer. In an exclusive intervie...
8:33
2015-09-28
The majestic bald eagle may be the emblematic bird of the United States, but the bizarre greater sage grouse is the poster-bird for the relationship between the US oil and gas industry and undeveloped land. Take a trip to the American West and the sagebru...
9:05
2015-09-21
The debate over US crude oil exports has been rife with policy-focused arguments on supply and demand fundamentals, but could a Republican bill and recent White House opposition turn the issue as just another piece of political theater? Are crude oil expo...
18:32
2015-09-14
Producers and consumers alike are becoming more attuned to the impact of goods of all sorts, and it's no different when it comes to a barrel of oil. Platts senior editors Herman Wang and Brian Scheid talk to two of the developers of the first-ever index m...
11:58
2015-08-31
It's Brian Scheid v. Herman Wang on Platts Capitol Crude Court this week, as the co-hosts duel over the notion of idled US shale oil wells contributing to global spare capacity. Brian argues that drilled and uncompleted wells and laid-down rigs represent ...
8:41
2015-08-24
North Dakota's Bakken Shale embodies much of the best of the US' oil revolution and has been a success in spite of global oil market fundamentals. Platts senior editors Brian Scheid and Herman Wang are joined this week by Congressman Kevin Cramer, North D...
10:29
2015-08-17
Plenty of artists have penned songs about California - from Tupac to the Beach Boys to Katy Perry. But the one aspect of California that every singer seems to leave out is its Low Carbon Fuel Standard, a potentially game-changing program to clean up trans...
13:35
2015-08-10
After the unveiling of President Barack Obama's Clean Power Plan, it's an appropriate time to take stock of whether the administration's climate goals are at odds with the ongoing shale boom. Platts senior editor Brian Scheid asks whether history will rem...
9:35
2015-08-03
On this week's Capitol Crude, Platts senior editors Brian Scheid and Herman Wang slide tackle their way into the bipartisan, comprehensive US energy bill passed out of the Senate Energy and Natural Resources Committee last week. The bill is expected to be...
10:18
2015-07-27
Which anniversary includes the traditional gifting of a barrel of crude oil? On the 50th episode of Capitol Crude, Platts senior oil reporters Brian Scheid and Herman Wang look back at their year in podcasting and revisit some of the hottest oil topics to...
18:26
2015-07-20
After the landmark nuclear deal with Iran, what should the world expect from its oil industry? Platts senior oil editor Brian Scheid digs into the big questions: How much Iranian crude could hit the world market and when? Where will it go? What does it me...
13:05
2015-07-13
Time is of the essence when it comes to opening up US oil exports . . . or is it? Platts senior editor Brian Scheid details why a vote to end long-standing restrictions on US crude oil exports is likely coming this fall. On opposites sides of the debate, ...
18:11
2015-07-06
It was a year of Star Wars, funk, Reggie Jackson and Saudi Arabian crude arriving in the US Strategic Petroleum Reserve. From 1977 until today, the US' place in the oil market has come a long way. Platts senior oil editor Brian Scheid talks to Melanie Ken...
9:31
2015-06-29
You can come out of your tinfoil bunker: The Obama administration's recently announced plans to regulate commercial aircraft emissions, but any effects would likely be years in the future. Platts senior oil editors and Herman Wang and Brian Scheid wonder ...
7:57
2015-06-22
Did the Obama administration turn a T-Rex of a problem into an Indominus Rex of a problem, by requiring electronically controlled pneumatic brakes on oil trains? After watching Jurassic World, the much-hyped sequel to Jurassic Park, Brian Scheid and Herma...
12:55
2015-06-08
The US isn't a part of OPEC, and no government officials attended the OPEC meeting in Vienna last week, but the US and its shale oil boom were still on people's minds at the conference and summit. Platts senior editors Herman Wang -- who was in Vienna -- ...
10:09
2015-06-08
Is a new plan by Congress to sell 64 million barrels of crude from the US Strategic Petroleum Reserve like a get-rich-quick scheme that's just too good to be true? Platts senior editors Brian Scheid and Herman Wang look at whether this plan could lead to ...
8:38
2015-06-01
Summer is starting, and while Platts senior editors Brian Scheid and Herman Wang start thinking of sunscreen and sunglasses, Shell is planning to drill offshore Alaska. The plan has received conditional approval from the Obama administration, but it's dra...
20:40
2015-05-26
Senator Lisa Murkowski is the featured guest on this week's Capitol Crude, as Platts senior editors Brian Scheid and Herman Wang interview the Alaska Republican and chairwoman of the Senate Energy and Natural Resources Committee about her efforts to lift ...
10:20
2015-05-18
Venezuela was once the largest source of US oil imports, but when that relationship soured, the Latin American powerhouse turned to a new relationship with China. But as Platts senior editors Brian Scheid and Herman Wang explain, that partnership is not q...
11:42
2015-05-11
You've got questions? Capitol Crude has answers. Platts senior editors Brian Scheid and Herman Wang dip into their mailbag and answer some burning questions about crude oil policy. What can we expect at the upcoming June 5 OPEC meeting in Vienna? How will...
9:25
2015-05-04
There's no sure way to tell when the drop is coming, but take a ride with Platts senior oil editors Herman Wang and Brian Scheid on the Peak Oil Peaker, a virtual roller coaster built entirely on oil market speculation. When will low prices and falling ri...
12:15
2015-04-27
Forecasting oil prices is a tough game, and Platts senior editors Brian Scheid and Herman Wang ask whether there's any value to long-term oil price forecasts or if there's too big of a chance of a fumble. The US Energy Information Administration recently ...
13:58
2015-04-20
In this week’s Platts Capitol Crude, senior editors Brian Scheid and Herman Wang put their conflict resolution skills to the test as they stage an intervention between President Barack Obama and lawmakers in Congress, skeptical over his administrationâ€...
22:12
2015-04-13
Platts senior editors Brian Scheid and Herman Wang are joined by John Kingston, president of the McGraw Hill Financial Institute, for a pretty ... pretty ... pretty interesting discussion of US crude policy. Drawing on their favorite moments from the HBO ...
9:07
2015-04-06
Pull up a chair in the interrogation room and join Platts senior editor Brian Scheid as he asks questions about the Obama administration's new hydraulic fracturing rules and their impact on US oil and gas producers. Blasted by industry as overkill and env...
14:12
2015-03-30
For the first time, Platts Capitol Crude goes on the road to Platts’ New York office for a deep look into the crude oil futures market and its impact on US policy. Platts senior editor Brian Scheid talks to James Bambino, managing editor of Platts’ Oi...
9:26
2015-03-23
The debate over expanding US crude exports comes as the American fossil fuel industry finds itself in the midst of a "body swap" movie: policy has not kept pace with a radical change. Platts senior editor Brian Scheid gives a rundown of latest US Senate E...
00:00:00
2015-03-16
The US oil industry and Obama administration are preparing for a duel over strict new safety rules governing shipments of crude by rail. Platts senior editors Herman Wang and Brian Scheid present a saga of the industry's tough encounters with regulators, ...
10:37
2015-03-09
Creepy backgound music, ominous foreshadowing, cocky attitudes: in a movie, these cues will let you know disaster is about to strike, but what clues would have let us know oil prices were about to tank?Platts senior editors Brian Scheid and Herman Wang wa...
11:54
2015-03-02
The US Environmental Protection Agency's Chris Grundler may not be a member of Depeche Mode, but to Platts senior editors Brian Scheid and Herman Wang his appearance at the recent National Ethanol Conference unfolded like the seminal British electronic go...
9:07
2015-02-23
On this week’s episode of Capitol Crude, Platts senior editor Brian Scheid discusses the disappointing launch of the US condensate export market and how it's similar to the 1984 NBA Draft.Carlton Dole with Green Lake Fuels and Platts editor James Bambin...
9:39
2015-02-16
The oil industry is rife with controversial topics, but the "third rail" of US energy politics is the Jones Act, which spells out shipping standards for goods (including oil) transported by water between American ports.Platts senior editors Herman Wang an...
10:59
2015-02-09
This week on Capitol Crude, Platts senior editors Herman Wang and Brian Scheid compare the ongoing negotiations over Iran’s nuclear program with trashy reality television. With a little help from Kevin Book at ClearView Energy Partners, Herman and Bria...
9:10
2015-02-02
Platts senior editors Herman Wang and Brian Scheid go ringside for the big fight over the oil industry between the Obama administration and the Alaska congressional delegation, led by Senator Lisa Murkowski. The administration recently angered Alaska law...
11:46
2015-01-26
US crude-by-rail rules have not been updated in decades, and recent train accidents have rattled communities across North America. Platts senior editor Herman Wang takes a deep dive into efforts to revamp the rules, including from the Department of Transp...
16:17
2015-01-19
In this week’s Capitol Crude, Platts senior editor Herman Wang gets Serial (and serious) about the Renewable Fuel Standard and the battle between the biofuels and oil industries. When will the Environmental Protection Agency finalize the 2014 rule? What...
5:30
2015-01-12
Can you choose your own US export adventure if you choose your own name? Self-classifying and self-proclaiming can be a tricky business, but when it comes to condensates, the US Commerce Department appears to be encouraging companies to decide for themsel...
5:36
2015-01-05
On the first Capitol Crude of 2015, Platts senior editors Herman Wang and Brian Scheid take a cue from Marty McFly and look to the future of 2015. Tune in to hear their personal policy predictions as they tackle the big questions of the US oil industry: W...
8:17
2014-12-22
Ever feel like you're living the same scenario over and over and over again? On this week's episode of Capitol Crude, Platts senior editors Brian Scheid and Herman Wang talk with Platts Energy Week host Bill Loveless about how crude oil prices and policy ...
6:58
2014-12-15
North Dakota oil producers are finding themselves in a tough spot, caught between calls for stabilizing crude for transportation safety and mandates to cut down on natural gas flaring in the Bakken. As Platts senior oil editors Brian Scheid and Herman Wan...
6:27
2014-12-08
Global oil benchmarks fell nearly 20 percent in November after OPEC maintained its output targets, and now there are lingering questions about the long-term effects of OPEC's decision on US policy and oil prices. Platts senior oil editors Herman Wang and ...
8:44
2014-12-02
On this week’s Capitol Crude, Platts senior editors Herman Wang and Brian Scheid talk about the late nights, early mornings and crowded press conferences at the latest OPEC meeting in Vienna, where confirmation that the group would simply roll over its ...
6:13
2014-11-24
On this week’s Capitol Crude, Platts senior editors Herman Wang and Brian Scheid talk about how Friday’s decision to punt the 2014 Renewable Fuel Standard into next year was a lot like Reebok’s disastrous Dan vs. Dave campaign ahead of the 1992 Olym...
6:50
2014-11-17
It's a story at the heart of US-Russia relations: A once-beloved American underdog versus an egomaniacal Russian tyrant. Is it the plot of a Rocky movie, or the current political status of the countries, which involves jabs at the oil and natural gas indu...
6:52
2014-11-10
From Mad Men to Seinfeld to Roseanne, we've all seen TV shows where different actors have played the same part from season to season. Platts senior editors Brian Scheid and Herman Wang look at the impact a Republican controlled Senate and an expanded Repu...
5:40
2014-11-03
On this week’s Capitol Crude podcast, Platts senior editors Brian Scheid and Herman Wang talk about why US condensate exports are like a box of chocolates. How much processed condensate will the US be exporting and where will it end up?Check back every ...
6:16
2014-10-27
On this week’s Capitol Crude podcast, Platts senior editors Herman Wang and Brian Scheid ask if the hundreds of millions of barrels of crude oil stashed away by the US government may indicate a hoarding problem. The Strategic Petroleum Reserve, hidden a...
6:42
2014-10-20
What does a plan by Saudi Arabia have to do with bad basketball? This week, on Capitol Crude, Platts senior editors Brian Scheid and Herman Wang compare the OPEC powerhouse's possible plan to assert its leading role in the world oil market to the strategy...
6:54
2014-10-13
Platts senior editors Herman Wang and Brian Scheid answer US crude policy questions submitted from listeners. Will the first Alaskan crude export in a decade push a change in US export policy? What’s the deal with the Jones Act and who’s pushing for a...
6:34
2014-10-06
Platts senior editors Herman Wang and Brian Scheid launch a new dating show for crude-by-rail regulations on this week's Capitol Crude. Can the Pipeline and Hazardous Materials Safety Administration find anything to like in the companies and trade groups ...
6:18
2014-09-29
On this week's Capitol Crude, Platts senior editors Brian Scheid and Herman Wang look at what advanced baseball statistics can tell us about US crude oil production data.Sabermetrics led to a statistical revolution in Major League Baseball; are new produc...
5:38
2014-09-22
On this week's Capitol Crude, Platts senior editors Herman Wang and Brian Scheid look at the ongoing fight over the Renewable Fuel Standard and compare it to the central conflict within history's most famous vampire romance teen literature, Twilight. Inde...
7:13
2014-09-15
On this week’s Capitol Crude, Platts senior editors Brian Scheid and Herman Wang compare the ongoing campaign to allow exports of US crude oil to some of the most successful beer marketing campaigns. Despite a glut of US crude and domestic refining cons...
7:36
2014-09-08
On this week’s Capitol Crude, Platts senior editors Brian Scheid and Herman Wang explain how the US Congress is looking to lay the groundwork for future crude oil policy, meaning it's a perfect time to start paying attention to it, despite its reputatio...
6:57
2014-08-25
This week, Brian Scheid and Herman Wang play a couple of rounds of Name That Crude in an attempt to figure out the exact qualities of Bakken crude, a question that the North Dakota Industrial Commission will review during a hearing September 23.Then the P...
6:36
2014-08-18
Platts senior oil news editors Herman Wang and Brian Scheid take a trip down memory lane to look at the future of condensate splitters in the US, which were encouraged by the abundance of domestic light crude oil.Additionally, propane prices spiked signif...
7:08
2014-08-11
The end of this week is the deadline for comments on the next five-year oil and natural gas leasing plan, which will serve as a guide for offshore drilling from 2017 through 2022. It's also comments time for the Department of Transportation's phasing out ...
6:02
2014-08-04
In the inaugural edition of this podcast, Platts senior oil news editors and Capitol Hill newshounds Herman Wang and Brian Scheid discuss the possible political motives for a tanker of Kurdish crude to idle off the Texas coast as well as how companies are...