# Energy Markets on The No Agenda Show

Energy Markets comes up in 30 chapters across 29 episodes of The No Agenda Show, from March 2008 to October 2026.

- **Chapters:** 30
- **Episodes:** 29
- **Discussed:** March 2008 – October 2026
- **Related topics:** [Natural Gas](https://search.noagendashow.net/topic/natural-gas.md), [Russia](https://search.noagendashow.net/topic/russia.md), [Oil Prices](https://search.noagendashow.net/topic/oil-prices.md), [Sanctions](https://search.noagendashow.net/topic/sanctions.md), [Vladimir Putin](https://search.noagendashow.net/topic/vladimir-putin.md), [Bankruptcy](https://search.noagendashow.net/topic/bankruptcy.md), [Energy Prices](https://search.noagendashow.net/topic/energy-prices.md), [Enron](https://search.noagendashow.net/topic/enron.md), [Ercot](https://search.noagendashow.net/topic/ercot.md), [Gas Prices](https://search.noagendashow.net/topic/gas-prices.md)

## Chapters 1–20 of 30

### Trump and Putin Diesel Fuel Agreement

- **Episode:** [1911: Surpriselets](https://search.noagendashow.net/episode/1911-surpriselets.md)
- **Published:** 2026-10-11
- **Time:** 39:11–44:08
- **Transcript:** https://search.noagendashow.net/episode/1911-surpriselets/chapter/trump-and-putin-diesel-fuel-agreement.md

President Trump announced a deal with Vladimir Putin for Russia to supply over 300,000 tons of diesel fuel to the American and global markets immediately, with more scheduled for November. Trump claims the deal, combined with control of the Strait of Hormuz, will lower prices for farmers and truckers. The announcement has raised questions about the status of U.S. sanctions on Russian energy sectors following the invasion of Ukraine.

Keywords: [donald trump](https://search.noagendashow.net/topic/donald-trump.md), [vladimir putin](https://search.noagendashow.net/topic/vladimir-putin.md), [diesel fuel](https://search.noagendashow.net/topic/diesel-fuel.md), [russia](https://search.noagendashow.net/topic/russia.md), [sanctions](https://search.noagendashow.net/topic/sanctions.md), [energy market](https://search.noagendashow.net/topic/energy-market.md)

### Global Energy Crisis and Potential Market Manipulation

- **Episode:** [1857: Teen Takeover](https://search.noagendashow.net/episode/1857-teen-takeover.md)
- **Published:** 2026-04-05
- **Time:** 19:07–21:39
- **Transcript:** https://search.noagendashow.net/episode/1857-teen-takeover/chapter/global-energy-crisis-and-potential-market-manipulation.md

The International Energy Agency warns that restoring global oil and gas flows could take six months, a timeline skeptics suggest is an exaggeration intended to scare markets. Reports indicate oil tankers are circling near ports like Rotterdam without unloading, leading to accusations of deliberate price jacking.

Keywords: fatih birol, [international energy agency](https://search.noagendashow.net/topic/international-energy-agency.md), [rotterdam](https://search.noagendashow.net/topic/rotterdam.md), [oil tankers](https://search.noagendashow.net/topic/oil-tankers.md), [market manipulation](https://search.noagendashow.net/topic/market-manipulation.md), [gas prices](https://search.noagendashow.net/topic/gas-prices.md)

### Scott Bessent on Economic Security and Oil Arbitrage

- **Episode:** [1855: Gooder](https://search.noagendashow.net/episode/1855-gooder.md)
- **Published:** 2026-03-29
- **Time:** 40:16–42:41
- **Transcript:** https://search.noagendashow.net/episode/1855-gooder/chapter/scott-bessent-on-economic-security-and-oil-arbitrage.md

Treasury official Scott Bessent argued during a cabinet meeting that U.S. economic strength is a critical component of national security in the conflict with Iran. Bessent predicted that the military operation would eventually lead to lower energy prices and absolute global security. Meanwhile, market observers noted complex oil arbitrage strategies involving $77 puts and $115 calls to manage risk during the regional volatility.

Keywords: [scott bessent](https://search.noagendashow.net/topic/scott-bessent.md), [national security](https://search.noagendashow.net/topic/national-security.md), [energy prices](https://search.noagendashow.net/topic/energy-prices.md), [oil market](https://search.noagendashow.net/topic/oil-market.md), [arbitrage](https://search.noagendashow.net/topic/arbitrage.md), [inflation](https://search.noagendashow.net/topic/inflation.md)

### J.D. Vance Discusses Potential Economic Cooperation with Russia

- **Episode:** [1800: Soros Stooge](https://search.noagendashow.net/episode/1800-soros-stooge.md)
- **Published:** 2025-09-18
- **Time:** 1:46:00–1:48:51
- **Transcript:** https://search.noagendashow.net/episode/1800-soros-stooge/chapter/j-d-vance-discusses-potential-economic-cooperation-with-russia.md

Vice President J.D. Vance appeared on Matt Gaetz's OAN show to discuss the possibility of ending hostilities in Ukraine through economic arrangements with Russia. Vance suggested that Russia could move energy commodities in US dollars in exchange for sanctions relief, potentially lowering energy costs for Americans. The hosts discuss the "ARK" (America, Russia, China) concept as a counter to European and British influence.

Keywords: [j.d. vance](https://search.noagendashow.net/topic/j-d-vance.md), [matt gaetz](https://search.noagendashow.net/topic/matt-gaetz.md), [russia](https://search.noagendashow.net/topic/russia.md), [energy markets](https://search.noagendashow.net/topic/energy-markets.md), [sanctions](https://search.noagendashow.net/topic/sanctions.md)

### Janet Yellen, G20 Summit and Russian Oil Price Cap

- **Episode:** [1589: Valudation](https://search.noagendashow.net/episode/1589-valudation.md)
- **Published:** 2023-09-10
- **Time:** 46:03–50:56
- **Transcript:** https://search.noagendashow.net/episode/1589-valudation/chapter/janet-yellen-g20-summit-and-russian-oil-price-cap.md

Treasury Secretary Janet Yellen defended the $60-per-barrel price cap on Russian oil during the G20 summit in India. Despite reports of Russia selling oil above the cap using non-Western insurance and shipping services, Yellen claimed the policy has successfully reduced Russian revenues by 44%. Critics argue the fungible nature of oil makes such sanctions largely ineffective in a global market.

Keywords: [janet yellen](https://search.noagendashow.net/topic/janet-yellen.md), [g20](https://search.noagendashow.net/topic/g20.md), [oil price cap](https://search.noagendashow.net/topic/oil-price-cap.md), [energy markets](https://search.noagendashow.net/topic/energy-markets.md), sanctions evasion

### Science Moms, Climate Change Marketing and Potential Energy Coalition

- **Episode:** [1527: Grip & Grin](https://search.noagendashow.net/episode/1527-grip-grin.md)
- **Published:** 2023-02-05
- **Time:** 1:02:55–1:05:59
- **Transcript:** https://search.noagendashow.net/episode/1527-grip-grin/chapter/science-moms-climate-change-marketing-and-potential-energy-coalition.md

"Science Moms" is a marketing campaign launched by the Potential Energy Coalition to promote climate change awareness among parents. The group claims that 99% of scientists agree that climate change is man-made and urgent. The campaign is managed by the Lippincott Agency and funded by a non-profit that raised $8 million for environmental advocacy.

Keywords: science moms, potential energy coalition, [madison avenue](https://search.noagendashow.net/topic/madison-avenue.md), [climate science](https://search.noagendashow.net/topic/climate-science.md), [marketing](https://search.noagendashow.net/topic/marketing.md)

### EU Natural Gas Price Cap and Carbon Taxes

- **Episode:** [1514: Holiday Heart](https://search.noagendashow.net/episode/1514-holiday-heart.md)
- **Published:** 2022-12-22
- **Time:** 1:09:31–1:11:47
- **Transcript:** https://search.noagendashow.net/episode/1514-holiday-heart/chapter/eu-natural-gas-price-cap-and-carbon-taxes.md

European Union energy ministers agreed to a cap on natural gas prices starting in February to combat soaring energy costs. Additionally, the EU is moving forward with a carbon market expansion that will levy taxes on gasoline and heating fuels starting in 2027, potentially increasing costs for consumers.

Keywords: [european union](https://search.noagendashow.net/topic/european-union.md), [natural gas](https://search.noagendashow.net/topic/natural-gas.md), carbon market, [energy prices](https://search.noagendashow.net/topic/energy-prices.md), [germany](https://search.noagendashow.net/topic/germany.md)

### Energy Utility Liquidity Support, State Guarantees

- **Episode:** [1484: Do It For Ukraine](https://search.noagendashow.net/episode/1484-do-it-for-ukraine.md)
- **Published:** 2022-09-08
- **Time:** 20:45–23:07
- **Transcript:** https://search.noagendashow.net/episode/1484-do-it-for-ukraine/chapter/energy-utility-liquidity-support-state-guarantees.md

Energy utility companies and trading desks are facing liquidity crises due to extreme market volatility and high collateral requirements for futures contracts. The EU plans to update its framework to allow member states to provide rapid liquidity support and state guarantees. This intervention is seen as a taxpayer-funded bailout for highly leveraged energy traders.

Keywords: [liquidity](https://search.noagendashow.net/topic/liquidity.md), energy traders, state guarantees, [market volatility](https://search.noagendashow.net/topic/market-volatility.md), [bankruptcy](https://search.noagendashow.net/topic/bankruptcy.md)

### Nationalization of European Energy Markets

- **Episode:** [1483: Jacked Up Joe](https://search.noagendashow.net/episode/1483-jacked-up-joe.md)
- **Published:** 2022-09-04
- **Time:** 1:02:31–1:05:09
- **Transcript:** https://search.noagendashow.net/episode/1483-jacked-up-joe/chapter/nationalization-of-european-energy-markets.md

The structure of the Dutch energy market, which relies on monthly advances and fixed-rate contracts, is under significant strain due to skyrocketing prices. Analysts predict that many energy companies in the UK and Europe may go bankrupt, forcing governments to nationalize the markets. Sweden has already begun offering energy guarantees to firms to prevent a total collapse following the Nord Stream shutdown.

Keywords: [netherlands](https://search.noagendashow.net/topic/netherlands.md), [energy market](https://search.noagendashow.net/topic/energy-market.md), [nationalization](https://search.noagendashow.net/topic/nationalization.md), fixed rate contracts, [subsidies](https://search.noagendashow.net/topic/subsidies.md)

### EU Electricity Market Reform, Carbon Emissions Trading System

- **Episode:** [1482: Gorby Chips](https://search.noagendashow.net/episode/1482-gorby-chips.md)
- **Published:** 2022-09-01
- **Time:** 22:12–25:37
- **Transcript:** https://search.noagendashow.net/episode/1482-gorby-chips/chapter/eu-electricity-market-reform-carbon-emissions-trading-system.md

The European Commission is working on an emergency intervention and structural reform of the electricity market due to skyrocketing prices. This overhaul includes the return of the Emissions Trading System (ETS) as a cornerstone of climate policy, effectively repricing carbon to incentivize clean technology investment. Critics argue these reforms function primarily as a new form of taxation and a "digital transition" toward a smart grid with increased regulatory control.

Keywords: electricity market, [carbon tax](https://search.noagendashow.net/topic/carbon-tax.md), [ets](https://search.noagendashow.net/topic/ets.md), emissions trading system, [brussels](https://search.noagendashow.net/topic/brussels.md), energy reform

### Putin's Strategic Failure, Oil Embargo, Global Market Impact

- **Episode:** [1455: Systemic Rivals](https://search.noagendashow.net/episode/1455-systemic-rivals.md)
- **Published:** 2022-05-29
- **Time:** 38:11–42:55
- **Transcript:** https://search.noagendashow.net/episode/1455-systemic-rivals/chapter/putin-s-strategic-failure-oil-embargo-global-market-impact.md

EU leadership claims Vladimir Putin's invasion of Ukraine is a strategic failure that has unified NATO and the European Union. While a full oil embargo is being phased in strategically to prevent Russia from selling at higher prices on the world market, the long-term goal is a permanent severance of the energy relationship.

Keywords: [vladimir putin](https://search.noagendashow.net/topic/vladimir-putin.md), [oil embargo](https://search.noagendashow.net/topic/oil-embargo.md), [nato](https://search.noagendashow.net/topic/nato.md), [ukraine](https://search.noagendashow.net/topic/ukraine.md), [energy market](https://search.noagendashow.net/topic/energy-market.md), [sanctions](https://search.noagendashow.net/topic/sanctions.md)

### ERCOT Gas Desk and Rising Propane Costs

- **Episode:** [1421: Chuckle Tell](https://search.noagendashow.net/episode/1421-chuckle-tell.md)
- **Published:** 2022-01-30
- **Time:** 2:07:58–2:10:40
- **Transcript:** https://search.noagendashow.net/episode/1421-chuckle-tell/chapter/ercot-gas-desk-and-rising-propane-costs.md

ERCOT announced plans to create a "gas desk" to monitor natural gas supplies to power plants, a move some critics fear will lead to a secondary trading market similar to Enron's tactics. Meanwhile, propane prices in Texas have reportedly tripled, with a 1,000-gallon tank now costing $2,200 to fill. These increases are attributed to federal executive orders and shifts in energy infrastructure.

Keywords: [ercot](https://search.noagendashow.net/topic/ercot.md), [texas](https://search.noagendashow.net/topic/texas.md), [propane](https://search.noagendashow.net/topic/propane.md), [energy market](https://search.noagendashow.net/topic/energy-market.md), [enron](https://search.noagendashow.net/topic/enron.md)

### Economic Fallout of Russia Conflict and Hollywood's China Pivot

- **Episode:** [1418: Homeless Apocalypse](https://search.noagendashow.net/episode/1418-homeless-apocalypse.md)
- **Published:** 2022-01-20
- **Time:** 2:23:40–2:27:11
- **Transcript:** https://search.noagendashow.net/episode/1418-homeless-apocalypse/chapter/economic-fallout-of-russia-conflict-and-hollywood-s-china-pivot.md

The hosts discuss the potential for a "Great Reset" triggered by the Russia-Ukraine conflict, noting the danger to the dollar and global energy markets. They also observe that Hollywood is becoming "unwoke" and self-censoring to maintain access to the Chinese market, citing examples of nixed plotlines involving corrupt Hong Kong officials.

Keywords: global energy markets, [natural gas](https://search.noagendashow.net/topic/natural-gas.md), [hollywood](https://search.noagendashow.net/topic/hollywood.md), [censorship](https://search.noagendashow.net/topic/censorship.md), [china](https://search.noagendashow.net/topic/china.md)

### Global Oil Markets, Coronavirus Lockdown Demand

- **Episode:** [1333: Vaxxhole](https://search.noagendashow.net/episode/1333-vaxxhole.md)
- **Published:** 2021-03-28
- **Time:** 3:41–5:11
- **Transcript:** https://search.noagendashow.net/episode/1333-vaxxhole/chapter/global-oil-markets-coronavirus-lockdown-demand.md

Despite the Suez Canal blockage, global oil prices remain primarily influenced by the ongoing coronavirus pandemic and reduced demand caused by international lockdowns. While a minor price increase occurred recently, analysts suggest that significant market effects will only manifest if the canal remains obstructed for weeks rather than days.

Keywords: [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [coronavirus](https://search.noagendashow.net/topic/coronavirus.md), [lockdowns](https://search.noagendashow.net/topic/lockdowns.md), [market volatility](https://search.noagendashow.net/topic/market-volatility.md), energy demand

### Texas Energy Market Collapse and Windmill Futures

- **Episode:** [1327: China Chopper](https://search.noagendashow.net/episode/1327-china-chopper.md)
- **Published:** 2021-03-07
- **Time:** 1:57:47–2:00:03
- **Transcript:** https://search.noagendashow.net/episode/1327-china-chopper/chapter/texas-energy-market-collapse-and-windmill-futures.md

The Texas energy market is facing a $16 billion crisis following the winter storm, with several companies filing for Chapter 11 bankruptcy. The financial failure was exacerbated by windmill operators who were forced to buy energy at $9,000 per megawatt-hour to fulfill futures contracts when their own equipment froze.

Keywords: [texas](https://search.noagendashow.net/topic/texas.md), [ercot](https://search.noagendashow.net/topic/ercot.md), [energy market](https://search.noagendashow.net/topic/energy-market.md), [bankruptcy](https://search.noagendashow.net/topic/bankruptcy.md), [windmills](https://search.noagendashow.net/topic/windmills.md), [futures contracts](https://search.noagendashow.net/topic/futures-contracts.md)

### Shorting the Grid, Meredith Angwin and Energy Market Mechanics

- **Episode:** [1322: Dark Fate](https://search.noagendashow.net/episode/1322-dark-fate.md)
- **Published:** 2021-02-18
- **Time:** 24:18–29:21
- **Transcript:** https://search.noagendashow.net/episode/1322-dark-fate/chapter/shorting-the-grid-meredith-angwin-and-energy-market-mechanics.md

Meredith Angwin's book, "Shorting the Grid," is used to explain the fragility of the American electric system and the "Enron-style" chicanery involved in energy trading. During the Texas freeze, the price per megawatt-hour surged from a typical $25 to the regulatory cap of $9,000. ERCOT is described as an air traffic controller for energy that manages a market where participants have little financial incentive to maintain on-site fuel reserves for rare weather events.

Keywords: meredith angwin, shorting the grid, megawatt hour, scarcity pricing, [energy market](https://search.noagendashow.net/topic/energy-market.md)

### LADWP Engineer Criticizes California Renewable Energy Mandates

- **Episode:** [1270: Twindemic](https://search.noagendashow.net/episode/1270-twindemic.md)
- **Published:** 2020-08-23
- **Time:** 3:17–5:30
- **Transcript:** https://search.noagendashow.net/episode/1270-twindemic/chapter/ladwp-engineer-criticizes-california-renewable-energy-mandates.md

An engineer from the Los Angeles Department of Water and Power claims California regulations prevent utilities from repowering older, inefficient units. The mandate to prioritize renewable energy allegedly forces utilities to buy expensive power from the energy market when wind and solar fail. Warren Buffett is reportedly profiting from selling energy capacity to California from Nevada.

Keywords: [ladwp](https://search.noagendashow.net/topic/ladwp.md), [renewable energy](https://search.noagendashow.net/topic/renewable-energy.md), [solar power](https://search.noagendashow.net/topic/solar-power.md), [wind power](https://search.noagendashow.net/topic/wind-power.md), [energy market](https://search.noagendashow.net/topic/energy-market.md)

### Global Oil Glut and the "Rona" Impact

- **Episode:** [1231: Mask QR Raid](https://search.noagendashow.net/episode/1231-mask-qr-raid.md)
- **Published:** 2020-04-09
- **Time:** 3:09:54–3:12:36
- **Transcript:** https://search.noagendashow.net/episode/1231-mask-qr-raid/chapter/global-oil-glut-and-the-rona-impact.md

The massive overabundance of oil is attributed to a combination of a price war between Russia and Saudi Arabia and the "Rona" (coronavirus) knocking 40% off market demand. Gasoline prices have dropped to as low as 90 cents a gallon in some parts of the U.S. Trump expresses support for the energy business but acknowledges that the record-low prices are hurting American jobs.

Keywords: [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [gasoline](https://search.noagendashow.net/topic/gasoline.md), [energy industry](https://search.noagendashow.net/topic/energy-industry.md), [free market](https://search.noagendashow.net/topic/free-market.md), overabundance

### Georgetown Texas and the 100 Percent Renewable Energy Claim

- **Episode:** [915: One Belt One Road](https://search.noagendashow.net/episode/915-one-belt-one-road.md)
- **Published:** 2017-03-26
- **Time:** 1:06:01–1:08:55
- **Transcript:** https://search.noagendashow.net/episode/915-one-belt-one-road/chapter/georgetown-texas-and-the-100-percent-renewable-energy-claim.md

Al Gore and various media outlets highlight Georgetown, Texas, as a conservative city that has successfully switched to 100% renewable energy. Gore uses the city as an example of the "inflection point" where green energy becomes cheaper than fossil fuels. He claims the city saves money by shifting to non-polluting sources with zero marginal fuel costs.

Keywords: [georgetown texas](https://search.noagendashow.net/topic/georgetown-texas.md), [renewable energy](https://search.noagendashow.net/topic/renewable-energy.md), [al gore](https://search.noagendashow.net/topic/al-gore.md), [solar power](https://search.noagendashow.net/topic/solar-power.md), electricity markets

### Global Gas Market, Ukraine Pipeline, Siberian Express

- **Episode:** [885: Force Majeur](https://search.noagendashow.net/episode/885-force-majeur.md)
- **Published:** 2016-12-11
- **Time:** 1:45:12–1:51:02
- **Transcript:** https://search.noagendashow.net/episode/885-force-majeur/chapter/global-gas-market-ukraine-pipeline-siberian-express.md

The hosts discuss the geopolitical struggle over the European natural gas market, noting that the U.S. is now a net exporter of LNG. They argue that the demonization of Russia serves a political goal of forcing Europe to buy more expensive American gas. A weather segment naming a storm the "Siberian Express" is cited as subtle anti-Russian branding.

Keywords: [natural gas](https://search.noagendashow.net/topic/natural-gas.md), [lng](https://search.noagendashow.net/topic/lng.md), [russia](https://search.noagendashow.net/topic/russia.md), [ukraine](https://search.noagendashow.net/topic/ukraine.md), [gazprom](https://search.noagendashow.net/topic/gazprom.md), siberian express, [energy market](https://search.noagendashow.net/topic/energy-market.md)

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