CA Has An Orphan well problem

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

China Could Approve 100 New Nuclear Reactors by 2035
https://energynewsbeat.co/china-could-approve-100-new-nuclear-reactors-by-2035/

Why No One Wants California’s Orphaned Oil Wells
https://energynewsbeat.co/why-no-one-wants-californias-orphaned-oil-wells/

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner covers key energy headlines for December 5, 2024, including China's ambitious plans to approve 100 nuclear reactors by 2035 to address air pollution and California's challenges with orphaned oil wells due to stringent regulations on abandonment costs. He highlights market updates, including a crude oil inventory draw and OPEC production cut deliberations, and discusses Crescent Energy's $905 million Eagle Ford acquisition. Tanner wraps up by noting upcoming solo shows from Florida and a Saturday weekly recap.

#EnergyNews #oilandgasindustry #NuclearEnergy #CaliforniaRegulations
#OrphanWells #CrudeOilPrices #OPECUpdates #EagleFord #EnergyInvestments #SustainableEnergy

Highlights of the Podcast

00:00 - Intro
00:53 - China Could Approve 100 New Nuclear Reactors by 2035
02:53 - Why No One Wants California’s Orphaned Oil Wells
07:22 - Markets Update
08:01 - EIA: Weekly Petroleum Status Report
09:35 - Crescent Energy Announces Accretive Central Eagle Ford Bolt-On
11:57 - Outro

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