Daily Energy Standup Episode #238 - California's Self-Driving Car Safety Concerns, Clean Energy...

Episode #238 - California's Self-Driving Car Safety Concerns, Clean Energy Stock Woes, and More

Please see the links below for articles that we discuss in the podcast.

California hits pause on GM Cruise self-driving cars due to safety concerns
https://energynewsbeat.co/california-hits-pause-on-gm-cruise-self-driving-cars-due-to-safety-concerns/

Why the Shine Has Come Off Clean-Energy Stocks
https://energynewsbeat.co/why-the-shine-has-come-off-clean-energy-stocks/

Oil prices fall amid flurry of weak European economic data
https://energynewsbeat.co/oil-prices-fall-amid-flurry-of-weak-european-economic-data/

Petrobras Plans Dividend Policy Change
https://energynewsbeat.co/petrobras-plans-dividend-policy-change/

Value gap between European, U.S. oil majors “stubbornly wide” amidst Exxon, Chevron megadeals
https://energynewsbeat.co/value-gap-between-european-u-s-oil-majors-stubbornly-wide-amidst-exxon-chevron-megadeals/

In this episode of the Energy News Beat Daily Standup, Stuart Turley discusses various energy-related topics. He first mentions California's suspension of testing GM Cruise self-driving cars due to safety concerns, highlighting the need for energy security and trust in autonomous vehicles. He then discusses the declining appeal of clean energy stocks, attributing the decrease in value to rising interest rates and regulatory challenges in implementing renewable energy infrastructure. Turley touches on the impact of European energy policies on oil prices and suggests a recession may be underway in Germany. He also mentions Petrobras' plan to change its dividend policy, which could affect investors. Finally, he discusses the value gap between European and U.S. oil majors amidst recent mergers and acquisitions in the industry, emphasizing the role of ESG considerations. Turley invites questions and industry thought leaders to the podcast and hints at exciting announcements in the future.

Highlights of the Podcast

00:00 – Intro
02:17 - California hits pause on GM Cruise self-driving cars due to safety concerns
04:11 - Why the Shine Has Come Off Clean-Energy Stocks
06:45 - Oil prices fall amid flurry of weak European economic data
09:22 - Petrobras Plans Dividend Policy Change
11:14 - Value gap between European, U.S. oil majors “stubbornly wide” amidst Exxon, Chevron megadeals
13:16 - Outro

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