Clifford Krauss, the National energy business correspondent for The New York Times, dives into the implications of President Biden's ban on Russian oil imports. He discusses how this move is designed to strike at Putin’s war machine while evaluating its potential to drive U.S. gas prices higher amidst existing inflation. Krauss also highlights challenges for European nations in taking similar actions and explores how Russia might pivot to oil markets in China and India, raising concerns about the broader economic fallout for American consumers.

Clifford Krauss and Brad Plumer dive into Texas's recent winter storm crisis that left millions without power. Krauss, a National energy correspondent from Houston, shares insights on the failed electric grid, while Plumer, a climate reporter, explores the implications of climate change on energy infrastructure. They discuss how deregulation exacerbated the crisis and argue for urgent reforms to adapt power systems to unpredictable extreme weather. The conversation underscores the pressing need for diverse energy sources to prevent future blackouts.

Clifford Krauss, an energy correspondent for The New York Times, dives into the shocking times the oil market is facing. He explains how a strange quirk led to oil prices dropping below zero, revealing a stressed market suffering from oversupply and plunging demand due to the pandemic. Krauss discusses the historical context of the crisis, the revolutionary effects of fracking on U.S. energy independence, and the looming question of balancing oil dependency with sustainability. This conversation sheds light on the future of energy amidst changing dynamics.