Daily Standup Weekly Top Stories
Wagner’s Insurrection Ends With an Uncertain Agreement – ENB covered Russia / Ukraine 2 years agao
One of the more important battles of the Ukraine war has been taking place within the Russian government itself. Reports over the past several months paint a picture of tension among the Kremlin, the military, […]
From Merck To Microsoft: These Are The Companies That BlackRock ‘Controls’ The Most Of
A week after an employee of the world’s largest asset management company, BlackRock, described how the company attempts to stay out of the media spotlight while buying politicians and profiting off of war (according to […]
Larry Fink “ashamed” to be part of ESG political debate – Hypocrisy Has No Limits
BlackRock CEO Larry Fink said he’s no longer using the term “ESG” (environment, social and governance) because it is being politically “weaponized” and he’s “ashamed” to be part of the debate on the issue. Why it matters: How the […]
US Treasury Sanctions Wagner’s ‘Gold and; Weapons Dealing’ Operations In Africa
The US Treasury Department on Tuesday has announced new anti-Wagner sanctions in a belated attempt to cut off the group’s weapons funding, at a moment the Russian government has essentially pardoned the mercenary outfit for […]
Highlights of the Podcast
00:00 – Intro01:05 – Wagner’s Insurrection Ends With an Uncertain Agreement – ENB covered Russia / Ukraine 2 years ago10:17 – From Merck To Microsoft: These Are The Companies That BlackRock ‘Controls’ The Most Of14:35 – Larry Fink “ashamed” to be part of ESG political debate – Hypocrisy Has No Limits16:11 – US Treasury Sanctions Wagner’s ‘Gold and; Weapons Dealing’ Operations In Africa18:10 – Outro
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– Get in Contact With The Show –
Michael Tanner: [00:00:14] What is going on Everybody, Welcome into another edition of the Daily Energy News Beat Stand up here on this gorgeous Friday, June 30th, 2023. As always, I’m your humble correspondent, Michael Tanner, coming to you from an undisclosed location here in Dallas, Texas. It is our weekly recap. So this is where we bring you all of our top stories from this week’s Stu and I had had a crazy week. [00:00:36][21.7]
Michael Tanner: [00:00:36] You know, we saw Larry Fink at Blackstone talking ESG, We saw a bunch of other stuff. So I’m not going to spoil anything for the weekly recap I’m going to leave it up to the team to select the best segments. Before that guys, again, as always, the stories are courtesy the world’s greatest website www.EnergyNewsBeat.com the best place for all your oil and gas and energy news. [00:00:54][17.5]
Michael Tanner: [00:00:54] Stu does a great job of curating that website making sure it’s updated with all of your energy news. Dashboard.EnergyNewsBeat.com the best place for your data energy news combos get it while you still can definitely go behind a paywall, but again guys leave it up to weekly recap congrats you survived we’ll see you Sunday night. [00:01:08][13.9]
Stuart Turley: [00:01:09] The title of the first article is Wagner’s Insurrection ends with an Uncertain Agreement ENB covered this two years ago. One of the cool things is I covered this with Dr. George Friedman, he is the founder of Geopolitical GPS and he is an animal, he’s been a geopolitical guru for years. Let’s take what he just put out on their website and I’ve got the link to their site go follow them they’re good people. [00:01:46][36.5]
Stuart Turley: [00:01:46] I love the way they phrase this, Michael they said the number one place that’s taking in this war is within the Russian government itself. Reports over the last several months paint a picture of tension in the Kremlin between the military, private mercenaries, and oligarchs even most of the differences were kept out of the public eye. [00:02:09][22.5]
Stuart Turley: [00:02:10] We don’t see half of what’s going on because of our media until this happened and then CNN and everybody else had to cover this because they didn’t want Biden’s story coming up on Hunter with him tweeting on that. [00:02:26][15.7]
Michael Tanner: [00:02:27] Okay, we get it we get, What happened in Russia? So there’s this. [00:02:30][3.3]
Stuart Turley: [00:02:31] Just bear with me here Wagner took control of Rostov-on-Don Armored vehicles he was in the Ukraine border area, he has about 23,000 troops and he has been a trusted ally of Putin. He’s kind of like his right hand thug. I mean, if you want to take, you know, my imitation of Putin is always ayeah, almost a cross between Putin and The Sopranos. Well, this guy is notching up The Sopranos, Okay. [00:03:08][36.6]
Stuart Turley: [00:03:09] When you sit back and you take a look at the Wagner group, they learn everything. I mean, we’re Sopranos, learn everything from these guys okay they got bodies everywhere. And yeah, their people are from Africa. [00:03:20][11.8]
Michael Tanner: [00:03:22] Thats Crazy. [00:03:22][0.0]
Stuart Turley: [00:03:23] Yes. The Kremlin’s response was quick, first it tried to deplete the ranks of the Wagner fighters. The Defense ministry also announced it was aiding the Wagner fighters who asked for safe return. Right now, at the end of this, there was negotiations between Wagner himself as well as Putin he is now being exiled to Belarus what is Belarus, Michael? [00:03:50][27.5]
Michael Tanner: [00:03:51] Are a Russian puppet state. [00:03:52][1.1]
Stuart Turley: [00:03:53] Exactly! Okay, Ding! you sit back and kind of go, wait a minute, I’m being exiled, okay? This has got to be either a false flag or a wag the tail, but more the Russian word for it is. [00:04:10][17.0]
Michael Tanner: [00:04:11] Do you think this is a conspiracy? You think this whole you think this whole. You think. [00:04:15][4.1]
Stuart Turley: [00:04:16] I got. [00:04:17][0.5]
Michael Tanner: [00:04:17] Interesting. That’s your take? [00:04:18][1.4]
Stuart Turley: [00:04:19] Yeah. A Massacre Verona and the Russian term Massacre Verona literally means masking and early military meaning was camouflage soon extended to battlefield masking, using smoke and other methods of screening. Some of my Russian contacts in the media were letting us know that this is what they think it is. So. [00:04:49][29.7]
Michael Tanner: [00:04:49] Intresting [00:04:49][0.0]
Stuart Turley: [00:04:51] Here’s the big point of this, if Putin may have been trying to drag out who’s on his side and who’s not on his side, who’s the number one ally he’s had as a thug in that he is the Wagner group, why would the Wagner Group suddenly make this run 200 kilometers north waving their flag and everybody was like, here is the Wagner Group. I mean, it was more like a pope driving. [00:05:22][30.8]
Michael Tanner: [00:05:23] Im with you. [00:05:23][0.1]
Stuart Turley: [00:05:23] I mean, this has got all the earmarks. [00:05:25][1.8]
Michael Tanner: [00:05:26] Interesting. So. So this guy. So basically Yevgeny Prigozhin Wagner Chief. Interesting, because it is it is fascinating that he’s not a military guy by his pedigree. He used to serve Putin food and then all of a sudden, he just is in control of one of the largest private areas in the world. Why is this guy going to double cross Putin? [00:05:51][24.7]
Stuart Turley: [00:05:51] And he’s the number five guy in the Russian area, Russian political as being the top five political people. [00:06:02][10.5]
Michael Tanner: [00:06:02] Oh, I see. So. So interesting. You think this was set up and it’s. Well, only time will tell. But he definitely. So what is CNN? CNN and everyone in the corporate media, well, they’re telling us that he attempted to march into Moscow and got stopped by Russia. [00:06:21][18.3]
Stuart Turley: [00:06:21] Yeah, they’re not they don’t have the facts accurate and I’ve kind of enjoyed what I’ve been forced to watch CNN as my where I’m sitting for the last few days. But in two years ago, I’ve interviewed I’ve included the link to one of the articles. Two years ago, we talked about how important and Putin’s thought process on Ukraine was. [00:06:45][23.9]
Stuart Turley: [00:06:46] Dr. Friedman also said that Putin is a bad dude, Putin also is a good Russian leader and puts Russia first in order to do what a good Russian leader would do he would take back Ukraine. We talked about that two years ago and how he was going to do it. [00:07:07][21.2]
Michael Tanner: [00:07:09] No, you and George Friedman were ahead of the game here you go to Energy News Beat YouTube it’s the pinned video there it’s probably our most watched video. [00:07:16][7.6]
Stuart Turley: [00:07:18] We’ve had for 4000, I think on our on ours to over 30,000 now on there and. [00:07:25][7.1]
Michael Tanner: [00:07:26] It’s pretty crazy, that was back when I was still editing the Podcast. So it looks horrible, but that was because it was me. So you can thank Andy for doing a much better job on this Podcast that we do now we love you, Andy we appreciate it. All right. So you think this was a whole charade? Interesting I love the take what else happened? It was also a busy weekend. What’s next? [00:07:48][22.8]
Stuart Turley: [00:07:49] Well, there’s also more to this story and some of the conspiracy theory this is not me. Okay. Some of the conspiracies. [00:07:58][8.7]
Michael Tanner: [00:07:59] Take this conspiracy theory. [00:08:00][0.9]
Stuart Turley: [00:08:00] It’s not some random guy on substack I have no. [00:08:04][3.9]
Michael Tanner: [00:08:06] Its just you! who is the definition of a random guy on substack [00:08:07][1.6]
Stuart Turley: [00:08:08] The the key thing is, why would the Biden administration’s Department of Defense, suddenly the weekend they announce that they’re missing $6.3 billion that went on? They have no idea? [00:08:28][20.7]
Michael Tanner: [00:08:29] Oh, no, it’s not that it’s it they were using they were using it there’s different ways and I’m not an accountant, but the way it was described to me is when you when you do inventory because you’ve spent the money, but you haven’t actually you haven’t applied that inventory to anything. [00:08:47][17.5]
Stuart Turley: [00:08:48] Right. [00:08:48][0.0]
Michael Tanner: [00:08:48] There’s a difference of how do you value that inventory, was it fair market value? A.k.a. or was it cost of goods, which was the original purchase price? And I guess they weren’t doing the they were going against the opposite of what the standard was at the time. And when you move it to the other standard, your value, you basically sent them $6.2 billion more, which is insane! Insane! You could have done that by way. [00:09:14][25.2]
Stuart Turley: [00:09:14] Oh, absolutely. What’s a few billion between friends [00:09:16][2.2]
Michael Tanner: [00:09:17] We’ve always said it? Let me said, what’s next? [00:09:21][3.7]
Stuart Turley: [00:09:21] I think there’s more to the story and I’m not saying that’s it I’m just saying that’s what’s out there. From Merit to Microsoft these are the companies that BlackRock controls the most of, Michael. [00:09:33][12.0]
[00:09:34] Sure. Let me just take a quick swing here. Stu. I’m going to go out on a limb and say they’re all ESG friendly, right? I’m sure. [00:09:40][6.7]
Stuart Turley: [00:09:42] Try again. [00:09:42][0.3]
Michael Tanner: [00:09:43] Yeah. Is is is is most of them ESG-friendly? [00:09:48][4.4]
Stuart Turley: [00:09:49] Ehhhh! Somewhat. [00:09:50][0.4]
Michael Tanner: [00:09:52] I dont think any of them are there’s META. I’m looking at this. None of them are. [00:09:56][3.8]
Stuart Turley: [00:09:56] Here’s where it gets me worked up you and I have talked about you go to Google this thing called Google, which is shadow-banning our Website but we still get 60,000 people a day to it. You sit here and you take a look at this they go carbon neutral since 2007 bull hockey, how many servers is Google running? That it gets more heat than all the whales on the planet anyway. [00:10:29][32.7]
Michael Tanner: [00:10:30] She said, Fire, I’m with you. We should go back to pre fossil fuels. [00:10:33][3.4]
Stuart Turley: [00:10:34] Oh, absolutely. Okay. So the next one here, you say META how and they’re using they’re running all this. How in the world is META carbon neutral? Are they buying carbon credits? Apple? You got to. [00:10:47][13.2]
Michael Tanner: [00:10:47] I mean you’ve got the biggest let’s drill down here, here’s their biggest investments BlackRock, ESG friendly BlackRock Apple 170 billion there ESG friendly, is operating sweatshops in China. No, no, no. That’s good That’s good ESG talk about Microsoft under 55 Chat GPT basically about to put an entire industry out of business basically hundreds of millions of people out of work co-founders injecting vaccines all over Africa randomly that’s over to ESG love it. And that’s literally half of the fun. You’ve got number three in NVIDIA chipmaker Taiwan I’m sure that’s a great facility. [00:11:30][43.0]
Stuart Turley: [00:11:31] Oh, no. And it’s the chips that are being going into the wasted dump we’ve got a video that our production team is doing you missed that today since you’re working a real job. All the solar panels are actually going to be more waste than all the nuclear waste in the world. [00:11:51][20.6]
Michael Tanner: [00:11:52] Amazon’s actually number three I see they have them right here it’s a little bubble chart. Amazon’s number three that seems like a fun place to work 12 hour shift, peeing in a bottle. [00:12:00][8.4]
Stuart Turley: [00:12:01] Oh yeah nice. [00:12:02][0.8]
Michael Tanner: [00:12:03] Can you work there? [00:12:03][0.0]
Stuart Turley: [00:12:03] Number 12 and number 22. [00:12:05][1.9]
Michael Tanner: [00:12:07] Chevron and Exxon that is ESG friendly right there I can get behind that BlackRock. [00:12:11][4.8]
Stuart Turley: [00:12:13] This is hypocrisy at its finest, I mean, you can’t tell me that they stand up there and Larry Fink is up there saying and then have you ever seen any of the BlackRock commercials yet? They’re making me airsick. They’ve got a man standing there and a janitor and he’s sitting there going, We want to fund your retirement with ESG. I threw up in my mom’s hospital room watching this thing, it is disgusting. [00:12:41][28.1]
Michael Tanner: [00:12:42] We want to charge you more fees for ESG funds and still go by Apple, Microsoft, Amazon, Google, Nvidia. It’s a scam for fees. [00:12:51][9.2]
Stuart Turley: [00:12:52] Yeah. And then, you know, I walk across the road and get arrested for jaywalking, but these knuckleheads can get by with murder. [00:13:00][7.4]
Michael Tanner: [00:13:01] That sounds like high crime. [00:13:02][1.5]
Stuart Turley: [00:13:03] Yeah, Sounds like a Politician, Politician Larry Fink, Politician. [00:13:07][3.6]
Michael Tanner: [00:13:08] Oh, interesting Klaus Schwab just throw the World Economic Forum in, there. [00:13:13][4.6]
Stuart Turley: [00:13:13] They might as well they all sneak together. Oh. [00:13:16][2.7]
Stuart Turley: [00:13:17] Larry Fink now says, quote, He’s ashamed to be part of the ESG political debate this came out yesterday we put we recorded that on Sunday, that original stuff. He said he’s no longer using the term ESG because it’s politically weaponized and he’s ashamed to be part of the debate on the issue. Why it matters? Because BlackRock is the largest asset manager and it manages 9.2 trillion. [00:13:50][32.8]
Michael Tanner: [00:13:51] With a T [00:13:51][0.3]
Stuart Turley: [00:13:53] Trillion! Now, here’s the thing BlackRock’s bullish outlook on responsible environment in a social governance investing has been blasted by conservatives woke capitalism has drawn boycotts from Florida and Texas. You got to love this. [00:14:11][17.6]
Michael Tanner: [00:14:11] I also love this they had this conversation at the Aspen Idea Festival. [00:14:17][5.8]
Stuart Turley: [00:14:18] Oh, jeez. Oh, jeez. [00:14:19][1.4]
Michael Tanner: [00:14:20] Yeah. You know who would have been there if he was not if he didn’t kill himself? Epstein That’s who I think that’s who shows, those are the type of people that show up to these events. [00:14:30][10.0]
Stuart Turley: [00:14:31] Actually, John Denver would have been, too, because his place was up there its a beautiful place right before he I met him. [00:14:38][6.7]
Michael Tanner: [00:14:39] Aspen Ideas Festival,. [00:14:39][0.9]
Stuart Turley: [00:14:40] Right? [00:14:40][0.0]
Michael Tanner: [00:14:41] That’s spooky. [00:14:41][0.3]
Stuart Turley: [00:14:42] Yeah. Okay. [00:14:43][0.6]
Michael Tanner: [00:14:44] Those are the dark rooms we talk about. [00:14:46][1.8]
Stuart Turley: [00:14:46] The U.S. Treasury sanctions, Wagner, gold and weapons dealing operations in Africa. Holy smokes, I can’t believe this. The U.S. Treasury Department on Tuesday announced new anti Wagner sanctions and a belated attempt to cut off the group’s weapon funding. At the moment, the Russian government has essentially pardoned the mercenary outfit for treasonous actions. It remains unclear what role the Wagner will play in Russia. [00:15:17][31.3]
Stuart Turley: [00:15:18] Well, he’s been ousted out to Belarus and that personally, I think that this was a little bit of a stunt to try to do some other things, but we’ll cover that in another show. Companies in Russia, the UAE, Central Africa Republic have engaged in illicit gold dealings to fund the Wagner Group to sustain and expand its armed forces, including in Ukraine and Africa. [00:15:46][28.6]
Stuart Turley: [00:15:47] First off, these guys may be a bunch of thugs, and I am not really thrilled with the idea of even thinking about supporting these guys. But there’s got to be another way for Secretary Yellen as a United States Treasury Department sanctioning this, this is not good. [00:16:07][19.9]
Stuart Turley: [00:16:08] Weaponization of the U.S. Treasury Department is going to cause serious repercussions for the US dollar. I mean, down the road, we got to get some new energy policies we got to get some new financial and fiscal responsibility weaponizing the dollar is bad no matter if you’re Republican or Democrat it’s bad. [00:16:08][0.0]
Energy News Beat