# Crude Oil on The No Agenda Show

Crude Oil comes up in 36 chapters across 36 episodes of The No Agenda Show, from March 2008 to August 2026.

- **Chapters:** 36
- **Episodes:** 36
- **Discussed:** March 2008 – August 2026
- **Related topics:** [Oil Prices](https://search.noagendashow.net/topic/oil-prices.md), [Brent Crude](https://search.noagendashow.net/topic/brent-crude.md), [Sanctions](https://search.noagendashow.net/topic/sanctions.md), [Saudi Arabia](https://search.noagendashow.net/topic/saudi-arabia.md), [Venezuela](https://search.noagendashow.net/topic/venezuela.md), [Cnbc](https://search.noagendashow.net/topic/cnbc.md), [Gas Prices](https://search.noagendashow.net/topic/gas-prices.md), [Iran](https://search.noagendashow.net/topic/iran.md), [Russia](https://search.noagendashow.net/topic/russia.md), [Sulfur](https://search.noagendashow.net/topic/sulfur.md)

## Chapters 1–20 of 36

### Donald Trump's Venezuela Oil Deal and Midterm Strategy

- **Episode:** [1899: Asymmetric Intimacy](https://search.noagendashow.net/episode/1899-asymmetric-intimacy.md)
- **Published:** 2026-08-30
- **Time:** 23:20–28:19
- **Transcript:** https://search.noagendashow.net/episode/1899-asymmetric-intimacy/chapter/donald-trump-s-venezuela-oil-deal-and-midterm-strategy.md

Jason Calacanis presents a "3x3" media analysis focusing on President Donald Trump's announcement of a deal to take control of 65 billion barrels of Venezuelan oil. Canadian Premier Doug Ford and Senator Ted Cruz offer differing perspectives on the geopolitical implications and the necessity of free elections in Venezuela. Curry argues the deal is a midterm ploy to lower gas prices despite the technical difficulty of processing heavy Venezuelan crude.

Keywords: [donald trump](https://search.noagendashow.net/topic/donald-trump.md), [venezuela](https://search.noagendashow.net/topic/venezuela.md), [doug ford](https://search.noagendashow.net/topic/doug-ford.md), [ted cruz](https://search.noagendashow.net/topic/ted-cruz.md), [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [midterms](https://search.noagendashow.net/topic/midterms.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md)

### Algerian Saharan Crude, Oil Viscosity, Pacific Refinery

- **Episode:** [1889: Producer's Tribute to JCD](https://search.noagendashow.net/episode/1889-producer-s-tribute-to-jcd.md)
- **Published:** 2026-07-27
- **Time:** 2:17:40–2:20:05
- **Transcript:** https://search.noagendashow.net/episode/1889-producer-s-tribute-to-jcd/chapter/algerian-saharan-crude-oil-viscosity-pacific-refinery.md

The hosts discuss the quality of various crude oils, identifying Algerian Saharan crude as the best in the world due to its low sulfur content and high API viscosity. A host recalls his time as an air pollution inspector at the now-shuttered Pacific Refinery, which processed similar low-sulfur Bolivian crude.

Keywords: algerian saharan crude, pacific refinery, oil viscosity, [api](https://search.noagendashow.net/topic/api.md), [sulfur](https://search.noagendashow.net/topic/sulfur.md)

### Global Oil Prices Plummet Following Iran Agreement

- **Episode:** [1878: Dream Build Loop](https://search.noagendashow.net/episode/1878-dream-build-loop.md)
- **Published:** 2026-06-18
- **Time:** 55:42–58:57
- **Transcript:** https://search.noagendashow.net/episode/1878-dream-build-loop/chapter/global-oil-prices-plummet-following-iran-agreement.md

Crude oil prices have dropped to approximately $75 per barrel following the announcement of the Iran peace deal, down from highs of $120 during the West Asia crisis. CNBC reports that an "oil glut" may be on the horizon as global supply stabilizes and shipping lanes in the Strait of Hormuz reopen.

Keywords: [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [brent crude](https://search.noagendashow.net/topic/brent-crude.md), [gasoline](https://search.noagendashow.net/topic/gasoline.md), [cnbc](https://search.noagendashow.net/topic/cnbc.md), oil glut

### Iran Crypto Sanction Evasion, Bitcoin Insurance, Oil Prices

- **Episode:** [1871: Hatman](https://search.noagendashow.net/episode/1871-hatman.md)
- **Published:** 2026-05-24
- **Time:** 25:50–30:25
- **Transcript:** https://search.noagendashow.net/episode/1871-hatman/chapter/iran-crypto-sanction-evasion-bitcoin-insurance-oil-prices.md

The U.S. Treasury Department reports freezing nearly $500 million in cryptocurrency linked to the Iranian regime to sever military financial lifelines. Iran is allegedly launching a digital insurance platform for cargo ships that accepts Bitcoin to bypass international banking sanctions. Market analysts observe that while regional tensions are flaring, the price of crude oil has fluctuated as the narrative of a potential deal develops.

Keywords: [bitcoin](https://search.noagendashow.net/topic/bitcoin.md), [cryptocurrency](https://search.noagendashow.net/topic/cryptocurrency.md), [u.s. treasury](https://search.noagendashow.net/topic/u-s-treasury.md), [sanctions](https://search.noagendashow.net/topic/sanctions.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [stablecoin](https://search.noagendashow.net/topic/stablecoin.md)

### US-Iran War, Targeting China's Energy Security

- **Episode:** [1849: Hose Water](https://search.noagendashow.net/episode/1849-hose-water.md)
- **Published:** 2026-03-08
- **Time:** 46:14–50:22
- **Transcript:** https://search.noagendashow.net/episode/1849-hose-water/chapter/us-iran-war-targeting-china-s-energy-security.md

Reporting from the Indian news service WION suggests that the U.S. war with Iran and the capture of the Venezuelan president are strategic moves to cripple China's energy supply. China currently imports a significant portion of its oil from these sanctioned nations at a discount. The Strait of Hormuz remains a critical flashpoint as the IRGC threatens to disrupt global shipping, potentially forcing a confrontation during President Trump's upcoming visit to China.

Keywords: [wion](https://search.noagendashow.net/topic/wion.md), [strait of hormuz](https://search.noagendashow.net/topic/strait-of-hormuz.md), [venezuela](https://search.noagendashow.net/topic/venezuela.md), [xi jinping](https://search.noagendashow.net/topic/xi-jinping.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [sanctions](https://search.noagendashow.net/topic/sanctions.md)

### Venezuelan Crude Oil Shipment to Israel

- **Episode:** [1842: A Dog A Day](https://search.noagendashow.net/episode/1842-a-dog-a-day.md)
- **Published:** 2026-02-12
- **Time:** 2:34:03–2:39:31
- **Transcript:** https://search.noagendashow.net/episode/1842-a-dog-a-day/chapter/venezuelan-crude-oil-shipment-to-israel.md

Bloomberg reports that Venezuela is sending its first crude oil shipment to Israel following the US capture of Nicolas Maduro. Technical questions are raised about Israel's ability to refine heavy, high-sulfur Venezuelan crude, with AI models suggesting the Bazan Energy refinery in Haifa could potentially handle the load. The move comes amid heightened tensions in the Strait of Hormuz.

Keywords: [venezuela](https://search.noagendashow.net/topic/venezuela.md), [israel](https://search.noagendashow.net/topic/israel.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [nicolas maduro](https://search.noagendashow.net/topic/nicolas-maduro.md), [haifa](https://search.noagendashow.net/topic/haifa.md), bazan energy, [grok](https://search.noagendashow.net/topic/grok.md)

### Global Oil Logistics, Algerian Saharan Crude Quality

- **Episode:** [1825: MUK-Ultra](https://search.noagendashow.net/episode/1825-muk-ultra.md)
- **Published:** 2025-12-14
- **Time:** 1:17:12–1:20:27
- **Transcript:** https://search.noagendashow.net/episode/1825-muk-ultra/chapter/global-oil-logistics-algerian-saharan-crude-quality.md

A technical discussion on oil quality contrasts Venezuelan "heavy sour" crude with Algerian Saharan crude, which is noted for its low sulfur content and high API viscosity. The Algerian oil is described as so pure it can almost be used as diesel fuel directly from the ground. This highlights the logistical challenges of refining lower-quality Venezuelan oil compared to premium global crudes.

Keywords: [algeria](https://search.noagendashow.net/topic/algeria.md), [venezuela](https://search.noagendashow.net/topic/venezuela.md), [brent crude](https://search.noagendashow.net/topic/brent-crude.md), [sulfur](https://search.noagendashow.net/topic/sulfur.md), oil viscosity

### Global Oil Market Reaction to Ceasefire

- **Episode:** [1776: Eat The Dog Food](https://search.noagendashow.net/episode/1776-eat-the-dog-food.md)
- **Published:** 2025-06-26
- **Time:** 1:21:47–1:24:09
- **Transcript:** https://search.noagendashow.net/episode/1776-eat-the-dog-food/chapter/global-oil-market-reaction-to-ceasefire.md

Global oil prices tumbled by over 10% following the implementation of a ceasefire between Israel and Iran. Brent crude dropped below $68 per barrel as concerns over a potential blockage of the Strait of Hormuz dissipated. While oil prices fell, Wall Street indexes rallied, with the Dow Jones gaining 530 points.

Keywords: [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [brent crude](https://search.noagendashow.net/topic/brent-crude.md), [wti](https://search.noagendashow.net/topic/wti.md), [strait of hormuz](https://search.noagendashow.net/topic/strait-of-hormuz.md), [stock market](https://search.noagendashow.net/topic/stock-market.md)

### US Oil Refineries, Light vs Heavy Crude

- **Episode:** [1742: Golden Poop](https://search.noagendashow.net/episode/1742-golden-poop.md)
- **Published:** 2025-02-27
- **Time:** 1:14:26–1:21:17
- **Transcript:** https://search.noagendashow.net/episode/1742-golden-poop/chapter/us-oil-refineries-light-vs-heavy-crude.md

CNN reports suggest that U.S. energy independence is hindered because domestic refineries are optimized for "heavy sour" crude (coffee grounds) rather than the "light sweet" crude (champagne) produced by American fracking. However, industry experts argue that sweet crude is easier for all refineries to process and that the narrative of incompatibility is used to undermine "drill baby drill" policies. Data shows the U.S. reached record production levels during the Biden administration despite green rhetoric.

Keywords: [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [refineries](https://search.noagendashow.net/topic/refineries.md), [fracking](https://search.noagendashow.net/topic/fracking.md), [energy independence](https://search.noagendashow.net/topic/energy-independence.md), [bill weir](https://search.noagendashow.net/topic/bill-weir.md)

### Biden Administration Criticism and Global Oil Price Stability

- **Episode:** [1597: Honorifics](https://search.noagendashow.net/episode/1597-honorifics.md)
- **Published:** 2023-10-08
- **Time:** 52:33–59:58
- **Transcript:** https://search.noagendashow.net/episode/1597-honorifics/chapter/biden-administration-criticism-and-global-oil-price-stability.md

Political critics blame President Biden for the conflict, citing the release of $6 billion in Iranian funds and the abandonment of $80 billion in military equipment in Afghanistan. Despite the regional instability, global oil prices remained relatively stable at $82, which is noted as unusual for a Middle Eastern war. Speculation arises regarding whether the lack of market movement indicates a planned operation or a desire to keep prices low for strategic reasons.

Keywords: [joe biden](https://search.noagendashow.net/topic/joe-biden.md), [afghanistan](https://search.noagendashow.net/topic/afghanistan.md), [brent crude](https://search.noagendashow.net/topic/brent-crude.md), [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [taliban](https://search.noagendashow.net/topic/taliban.md), [disinformation](https://search.noagendashow.net/topic/disinformation.md)

### Gas Price Trends, Post-Labor Day Market Predictions

- **Episode:** [1589: Valudation](https://search.noagendashow.net/episode/1589-valudation.md)
- **Published:** 2023-09-10
- **Time:** 12:53–14:18
- **Transcript:** https://search.noagendashow.net/episode/1589-valudation/chapter/gas-price-trends-post-labor-day-market-predictions.md

Contrary to predictions that fuel costs would drop after Labor Day, gas prices rose significantly, increasing by approximately 70 cents in some regions. The spike is attributed to rising crude oil prices and shifting market dynamics. The hosts debate whether the trend is a temporary anomaly or a sign of deeper economic issues.

Keywords: [gas prices](https://search.noagendashow.net/topic/gas-prices.md), [labor day](https://search.noagendashow.net/topic/labor-day.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [inflation](https://search.noagendashow.net/topic/inflation.md), [market trends](https://search.noagendashow.net/topic/market-trends.md)

### EU Price Cap on Russian Oil Products

- **Episode:** [1528: HABIDAT](https://search.noagendashow.net/episode/1528-habidat.md)
- **Published:** 2023-02-09
- **Time:** 50:16–51:13
- **Transcript:** https://search.noagendashow.net/episode/1528-habidat/chapter/eu-price-cap-on-russian-oil-products.md

The European Union reached an agreement to cap the price of Russian oil products at $100 per barrel for those trading above crude prices and $45 for those at a discount. Critics argue these caps are high enough that Russia will continue to profit while the West maintains its energy supply.

Keywords: [european union](https://search.noagendashow.net/topic/european-union.md), [russian oil](https://search.noagendashow.net/topic/russian-oil.md), [price cap](https://search.noagendashow.net/topic/price-cap.md), [diesel](https://search.noagendashow.net/topic/diesel.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md)

### Russian Sanctions, Oil Price Caps and Economic Impact

- **Episode:** [1527: Grip & Grin](https://search.noagendashow.net/episode/1527-grip-grin.md)
- **Published:** 2023-02-05
- **Time:** 39:45–42:26
- **Transcript:** https://search.noagendashow.net/episode/1527-grip-grin/chapter/russian-sanctions-oil-price-caps-and-economic-impact.md

The European Union and G7 partners are implementing a 10th package of sanctions against Russia to coincide with the anniversary of the invasion. Current price caps on crude oil are estimated to cost Russia 160 million euros daily. Western leaders intend to hold Russia financially accountable for the destruction caused during the conflict.

Keywords: [russia](https://search.noagendashow.net/topic/russia.md), [sanctions](https://search.noagendashow.net/topic/sanctions.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [price cap](https://search.noagendashow.net/topic/price-cap.md), [g7](https://search.noagendashow.net/topic/g7.md), [petroleum](https://search.noagendashow.net/topic/petroleum.md)

### Rising Gas Prices, Fertilizer Shortages, Oil Market Volatility

- **Episode:** [1431: Red Austin](https://search.noagendashow.net/episode/1431-red-austin.md)
- **Published:** 2022-03-06
- **Time:** 1:21:23–1:24:46
- **Transcript:** https://search.noagendashow.net/episode/1431-red-austin/chapter/rising-gas-prices-fertilizer-shortages-oil-market-volatility.md

Gas prices in the U.S. are rising at the fastest pace in history, with the national average nearing $4.00 per gallon. Brent crude and WTI oil prices have surged to over $115 per barrel. Additionally, Russia is cutting off fertilizer supplies, which is expected to have a severe impact on global food production and prices.

Keywords: [gas prices](https://search.noagendashow.net/topic/gas-prices.md), [oil](https://search.noagendashow.net/topic/oil.md), [fertilizer](https://search.noagendashow.net/topic/fertilizer.md), [brent crude](https://search.noagendashow.net/topic/brent-crude.md), [wti](https://search.noagendashow.net/topic/wti.md), [aaa](https://search.noagendashow.net/topic/aaa.md)

### Global Financial Reset and Oil Price War

- **Episode:** [1228: Stunning](https://search.noagendashow.net/episode/1228-stunning.md)
- **Published:** 2020-03-29
- **Time:** 2:09:48–2:13:37
- **Transcript:** https://search.noagendashow.net/episode/1228-stunning/chapter/global-financial-reset-and-oil-price-war.md

The hosts discuss the possibility of a coordinated global financial reset, noting the 0% bank reserve requirements and the 1934 Gold Reserve Act. They analyze the impact of the oil price war between Saudi Arabia and Russia, which has driven crude prices down to $22 and significantly affected the stock market.

Keywords: gold reserve act, [gold standard](https://search.noagendashow.net/topic/gold-standard.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [saudi arabia](https://search.noagendashow.net/topic/saudi-arabia.md), [russia](https://search.noagendashow.net/topic/russia.md), [vladimir putin](https://search.noagendashow.net/topic/vladimir-putin.md), [mbs](https://search.noagendashow.net/topic/mbs.md)

### Oil Price Manipulation and Iranian Sanctions

- **Episode:** [1147: OTARD](https://search.noagendashow.net/episode/1147-otard.md)
- **Published:** 2019-06-20
- **Time:** 1:42:19–1:48:27
- **Transcript:** https://search.noagendashow.net/episode/1147-otard/chapter/oil-price-manipulation-and-iranian-sanctions.md

Former CIA Deputy Director Mike Morell argued that Iran attacked the tankers to pressure the world into easing sanctions by raising oil prices. However, critics note that the price of oil did not spike significantly and the attacks seemed "lame" or incompetent if they were intended as a major provocation. The segment explores the possibility that the incident was a failed "op" or a simple money grab.

Keywords: [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [brent crude](https://search.noagendashow.net/topic/brent-crude.md), [mike morell](https://search.noagendashow.net/topic/mike-morell.md), [cia](https://search.noagendashow.net/topic/cia.md), [sanctions](https://search.noagendashow.net/topic/sanctions.md)

### Venezuelan Crude Oil, US Refineries, Global Reserves

- **Episode:** [1107: Carbon Budget](https://search.noagendashow.net/episode/1107-carbon-budget.md)
- **Published:** 2019-01-27
- **Time:** 6:43–9:52
- **Transcript:** https://search.noagendashow.net/episode/1107-carbon-budget/chapter/venezuelan-crude-oil-us-refineries-global-reserves.md

Venezuela holds the world's largest oil reserves, surpassing Saudi Arabia, but its heavy crude requires specific refining processes. US Gulf Coast refineries rely on this heavy oil to mix with lighter Texas crude, though the high sulfur content and viscosity present technical challenges. Russia and China have significant interests in the region, with Russia providing "consultants" and China holding billions in debt.

Keywords: [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [sulfur](https://search.noagendashow.net/topic/sulfur.md), viscosity, [saudi arabia](https://search.noagendashow.net/topic/saudi-arabia.md), [russia](https://search.noagendashow.net/topic/russia.md), [china](https://search.noagendashow.net/topic/china.md)

### Israel-Congo Oil Trade, Ebola Concerns

- **Episode:** [1080: 11 years](https://search.noagendashow.net/episode/1080-11-years.md)
- **Published:** 2018-10-25
- **Time:** 2:55:08–2:57:47
- **Transcript:** https://search.noagendashow.net/episode/1080-11-years/chapter/israel-congo-oil-trade-ebola-concerns.md

Tanker tracking data revealed a shipment of 850,000 barrels of crude oil from the Democratic Republic of Congo to Ashkelon, Israel. This unusual trade route bypasses traditional Middle Eastern sources, occurring amidst ongoing concerns regarding the Ebola outbreak in the Congo.

Keywords: [israel](https://search.noagendashow.net/topic/israel.md), [congo](https://search.noagendashow.net/topic/congo.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md), ashkelon, [ebola](https://search.noagendashow.net/topic/ebola.md)

### Mexico Crude Oil Exports and Trade Balances

- **Episode:** [1064: Post Racial](https://search.noagendashow.net/episode/1064-post-racial.md)
- **Published:** 2018-09-02
- **Time:** 22:09–23:52
- **Transcript:** https://search.noagendashow.net/episode/1064-post-racial/chapter/mexico-crude-oil-exports-and-trade-balances.md

Crude oil remains Mexico's largest export to the United States, totaling approximately $49 billion. Discussion focuses on how the U.S. relies heavily on oil from Canada and Mexico while frequently criticizing Middle Eastern suppliers. The new trade negotiations are framed as a way to leverage these oil dependencies against each other.

Keywords: [mexico](https://search.noagendashow.net/topic/mexico.md), [crude oil](https://search.noagendashow.net/topic/crude-oil.md), [exports](https://search.noagendashow.net/topic/exports.md), [trade deficit](https://search.noagendashow.net/topic/trade-deficit.md), piñatas

### U.S. Oil Production, China Trade Tariffs

- **Episode:** [1053: Lefties are Right](https://search.noagendashow.net/episode/1053-lefties-are-right.md)
- **Published:** 2018-07-24
- **Time:** 1:02:35–1:06:08
- **Transcript:** https://search.noagendashow.net/episode/1053-lefties-are-right/chapter/u-s-oil-production-china-trade-tariffs.md

The Chairman of Pioneer National Resources discusses the impact of trade sanctions and steel tariffs on the U.S. oil industry. While the U.S. is on track to produce 15 million barrels a day by 2026, tariffs on foreign steel are raising the cost of piping by up to 30%. Additionally, the potential for Chinese tariffs on U.S. oil exports—currently at 300,000 barrels per day—poses a risk to the market.

Keywords: [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [china](https://search.noagendashow.net/topic/china.md), [tariffs](https://search.noagendashow.net/topic/tariffs.md), pioneer national resources, [brent crude](https://search.noagendashow.net/topic/brent-crude.md)

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