The US has been insulated from a global energy crisis because it has so much of its own domestic oil and gas production. The Biden administration realized that very quickly, which is why it pivoted to asking for more oil and gas from suppliers. In spite of that, I guess, dose of reality, the oil and gas is still important. What comes next is a clean energy transition that helps decarbonize the US economy. And above all, makes them a leader in these supply chains or gives them control over the supply chains for clean energy.
There’s been a lot of big finance and economics news in 2023. Whether it's stories about rising interest rates, tech industry layoffs or bank runs, it can almost feel like you need an MBA just to make sense of it all. That’s why the Financial Times is launching a bonus series called Behind the Money: Night School.
Over the next five weeks, this show will help you understand the concepts behind the biggest economic stories of this year. U.S. managing editor Peter Spiegel chats with FT journalists as they unpack the basics around things like energy markets, inflation and the rise of artificial intelligence. This series is supported by Blinkist. If you want to find out more about conversations like this, check out the Blinkist app.
Behind the Money: Night School is out now. Find it by subscribing to the Behind the Money podcast wherever you listen.
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