{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Jay Young Show","title":"#241: Rob Thummel on Oil Prices, Natural Gas, LNG & AI Energy Demand | The Jay Young Show","html":"","width":"100%","height":180,"duration":3997,"description":"In this episode of The Jay Young Show, Jay Young and co-host Jordan Soto sit down with Rob Thummel of Tortoise Capital to break down the biggest trends shaping oil, natural gas, LNG exports, energy investing, and the future of AI-driven power demand. From the long-term outlook for crude oil prices to the growing role of natural gas in data centers and grid modernization, this conversation covers the forces driving the energy market right now. Rob shares his take on why energy remains essential to global growth, how oil and gas investors should think about 2026 and beyond, why LNG has become a global story, and how AI infrastructure could become a major tailwind for U.S. natural gas demand. Jay and Jordan also dig into California refining issues, global supply pressures, capital discipline, and what opportunities may still exist for investors who feel like they missed the last run in energy. In Jay’s Weekly Five, Jay and Jordan talk about the word of the week, which is secure, and how preparedness, confidence, faith, and fundamentals help leaders and investors stay steady in uncertain markets. Topics covered:oil prices, natural gas prices, LNG exports, AI infrastructure, data centers, utilities, energy investing, energy stocks, Tortoise Capital, crude oil outlook, WTI, Brent, energy market trends, capital discipline, refinery news, investor strategyTimestamps00:00 Intro00:45 Welcome back to The Jay Young Show01:20 Meet Rob Thummel of Tortoise Capital02:30 Why energy is still essential for global growth05:10 Oil supply, rig counts, and why underinvestment matters07:20 Rob on negative oil prices in 2020 and investor opportunity10:00 Why U.S. oil and natural gas exports matter12:20 LNG exports and why natural gas is now a global commodity16:00 The Aubrey McClendon / Cheniere LNG story18:10 Why data centers could drive major natural gas demand21:30 AI, utilities, grid modernization, and behind-the-meter power25:20 Rob’s oil outlook: cyclical move or structural...","thumbnail_url":"https://img.transistorcdn.com/baCh2QcsFo5Mr3d0TYTzUGOF9gA1OpqRSZfTypuBTew/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zYzU3/MWQ3NTNiOWE5N2Iz/NjVkM2QzNjY3OWZm/YWY5ZC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}