Should we assume now through the eyes of this administration. And we've heard the president talk about wind quite a lot, that it is not a viable resource for the grid. Is the domestic wind industry dead.I think if you in the one big, beautiful bill President Trump advocated, we removed the subsidies for wind. Look, offshore wind is twice as expensive as onshore wind. And we wouldn't have a big onshore wind industry without a lot of subsidies.So, yeah, I would say the economic outlook for offshore wind in th ...

Policy & Regulation - Poland's President vetoed the cabinet's bill to curb energy prices [1] - The veto also blocked easing rules for investing in renewables [1]

Oil & Gas Industry Analysis - US shell oil production has likely peaked at current oil prices [2] - Activity levels in the lower 48 (US states) are expected to remain depressed [2] - Oil companies are choosing to return capital instead of putting it in the ground [4] - Oil companies are avoiding repeating the overproduction mistake of 2016, which crushed their margins [4] Company Specifics (Diamondback Energy) - Diamondback Energy is considered a thoughtful company [2] - Diamondback Energy missed their numbers by choice, indicating a strategic decision [2] - Diamondback Energy is choosing not to drill and bring up a lot of oil because prices are depressed [3] - Diamondback Energy has the best properties in the Permian Basin but is not fully utilizing them due to unfavorable returns [4] Market Factors - OPEC plus is putting more barrels on the market, and Russia is pumping oil aggressively [3] - Lower energy prices are bullish for the American economy [4] - Lower insurance costs are contributing to a potentially stronger economy [3]

Energy Market Overview - Energy scarcity in Britain has led to high prices [1] - Prices are significantly higher than the European average, reaching levels unseen in at least 40 years, except for the 2022/2023 shock [1] Economic Impact - High energy prices may be hindering economic growth in Britain [1]

Well, joining us now is BNY Investments chief economist and former Federal Reserve Director of the Division of Monetary Affairs, Vincent Reinhardt. It's great to have you back on the show. Welcome.I want to start right there because we've had a lot of Fed speak to start the week and certainly Powell with his semiannual testimony on the Hill, part one of two days here today. The market seems to be taking his messaging maybe slightly more doubbish. But I'm not sure it's the right way to take his messaging, bu ...

Well, for more on how all of this could impact the markets going forward, let's bring in Wilmington Trust investment advisors Tony Roth and innovator ETS chief investment strategist Tim Urbanowitz. Guys, good afternoon. Uh Tim, major averages have been holding steady despite uh this geopolitical conflict.S&P around 6,000. I know folks don't want to panic sell, but should they keep buying here. Well, John, you definitely don't want to panic sell.And really the the move higher that we saw today is really text ...

Energy Market Impact of Geopolitical Events - Rising oil prices will likely lead to increased gasoline prices [2] - The market is assessing whether the current rally in crude oil prices will escalate further [3] - The energy sector and commodities could be viewed as an insurance against geopolitical risks, but the timing of buying this insurance is uncertain [4] - A dramatic escalation is viewed as unlikely, as maintaining energy market flow is in the best interest of developed countries, Israel, and even Iran [5] - The probability of a supply disruption is not currently high, though risks exist [8] Investment Strategies - Investors who previously abandoned the energy sector are now considering their options regarding crude oil [2] - It may be too early to sell or short positions given the uncertainty heading into the weekend [7] - If there is escalation without infrastructure damage, the market may soften next week [6] - It might not be advisable to buy insurance (energy sector investments) ahead of the weekend, pending potential escalation [6] Geopolitical Considerations - The US might intervene to improve the situation [1] - President Trump may use the current situation to pressure Iran to renegotiate the nuclear deal [9] - Iran may consider advancing its nuclear program, weighing its options in the current environment [9][10]

Oil Market Dynamics - Oil prices initially surged, with WTI jumping 14%, but retreated as no actual supply disruptions occurred [2] - Market focus shifts to Iran's response, which is expected to dictate oil's next move [2] - Iran exports approximately 15 million barrels of oil per day, representing about 15% of global supply [3] - A wider conflict could disrupt oil supply in Saudi Arabia or Iraq [3] - Potential blockade of the Strait of Hormuz could impact 20% of global oil flow [3] Natural Gas Market - European natural gas prices increased by 5% [4] - The Strait of Hormuz is the sole export route for Qatar and the UAE [4] - Qatar and the UAE together account for approximately 20% of global LNG supply [4] Risk Assessment - CIBC private wealth indicates a rising probability of a low probability scenario as the situation evolves [4] - Prices cannot sustain current levels unless barrels actually come off the market [2]