S&P Global Commodity Insights
Capitol Crude: The US Energy Policy Podcast
In-depth weekly analysis of US energy policy news from S&P Global Commodity Insights senior editors covering the Capitol. Hosted by Jasmin Melvin.
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S&P Global Commodity Insights
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Latest episode
May 24, 2024
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Episodes
The rocking and rolling of US oil production and prices 29.02.2016 16:38
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. Would OPEC members or other big producers give...
The highway to high octane: Ethanol's attempts to gain ground in US gasoline 22.02.2016 10:55
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 editor for light ends, at the National...
How financial flailings could affect the flood of US crude oil production 08.02.2016 10:42
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 about how earnings are going down for upstream...
When opening the door to US crude oil exports lets other grades in 01.02.2016 12:35
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 in years are beginning to appear in domestic...
Peanut butter or hamburgers: How will US crude oil be received in Europe? 25.01.2016 11:38
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 Europe last week. Is it the first of an...
Avoiding stolen oil and the purchasing power of the US 19.01.2016 16:27
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 World."Wenar, the chair of philosophy and law at...
Oil industry awaits Iran's Implementation Day, but don't be fooled by the name 11.01.2016 9:53
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 trade embargo -- will remain in place. With...
Ch-ch-ch-ch-changes: The effect of US crude export policy on climate goals 21.12.2015 13:32
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 assistant to the president and senior director for...
Landmark deal from Congress could unleash US crude on global oil market 16.12.2015 6:08
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, senior oil editors Brian Scheid and Herman...
US oil policy, prices, and making the most of margins 14.12.2015 8:06
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 Chamber of Commerce's Institute for 21st...
Unofficially official: What OPEC's meeting means for US crude production and prices 07.12.2015 11:56
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 production ceiling nor a rollover. What led...
US-China diplomatic ties and the South China Sea territorial dispute 30.11.2015 12:54
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 relations? Could a shift in export policy...
What could happen to an American oil market in Paris 23.11.2015 6:33
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 "extremely, extremely disruptive to future oil...
Ready your buzzers to answer the US oil policy news quiz 16.11.2015 8:57
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 American oil industry. From the Keystone XL...
Everything's bigger in Texas, including US crude and condensate export questions 09.11.2015 10:15
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 what market participants are saying about...
US shale boom: a diplomatic game-changer 02.11.2015 9:44
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 loss of clout, they examine how the surge in...
Like Hoth plus politics: Lease sales for US Arctic oil drilling frozen 26.10.2015 10:43
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 National Ocean Industries Association, talks...
Reforming the Jones Act on safety is anything but smooth sailing for US oil 19.10.2015 9:39
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 Environmental Enforcement and Coast Guard are...
Ozone debate between oil industry, environmentalists propels Congress to the outer limits 12.10.2015 9:23
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 environmental groups alike. The administration said...
A successful failure? What Shell pulling out of Alaska means for US Arctic oil production 05.10.2015 8:43
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 interview with Platts senior editors Herman Wang and...
The American West, a home to US oil and the bird that's driving them cuckoo 28.09.2015 8:34
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 sagebrush sea with Platts senior editors Brian...
Could US crude oil export policy be Keystoned? 21.09.2015 9:05
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 exports at risk of becoming the next Keystone XL...
Index for crude oil's climate impact illuminates what's behind the barrels 14.09.2015 18:33
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 measuring the climate impacts of individual...
Global spare capacity: Should idled US shale oil wells count? 31.08.2015 11:59
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 a de facto source of spare capacity, since...
Considering how low oil can go before the Bakken goes bust 24.08.2015 8:42
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 Dakota's only member of the US House of...
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