
Venezuela’s “open for business” moment gets a reality check, plus a wild Chavez-in-Houston story that tells you everything you need to know. Mark and David Pursell unpack why Exxon and friends are hesitant, what the EIA gets right and wrong, why the forward curve is the real lie detector, how Iran risk actually moves barrels, BP’s renewable hangover, and Tesla casually speed-running a lithium refinery in Texas. Join the conversation shaping the future of energy. Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward. Apply today at collide.io Click here to view the episode transcript. 00:00 Tech hiccups and setup 01:00 Chavez Houston story 05:00 Trump press conference and Venezuela hype 08:00 Why Venezuela isn’t investable 14:30 EIA outlook and US production 19:00 Rigs, frac spreads, and revisions 22:00 Backwardation vs contango 27:00 Iran supply risk 30:30 Condensate and power constraints 38:30 Geopolitical risk premiums 40:30 BP write-downs and strategy shifts 46:30 Energy transition reality check 53:30 Tesla lithium refinery in Texas 56:30 Data centers and power scramble 01:01:30 Wrap-up and outlook https://twitter.com/collide_io https://www.tiktok.com/@collide.io https://www.facebook.com/collide.io https://www.instagram.com/collide.io https://www.youtube.com/@collide_io https://bsky.app/profile/digitalwildcatters.bsky.social https://www.linkedin.com/company/collide-digital-wildcatters