Masks Are Down in NJ, Oil’s Up around the World

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 7 March 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

The U.S. and its allies are considering banning Russian oil and natural gas imports in response to the country’s invasion of Ukraine. Daniel Yergin, S&P Global vice chairman, discusses oil and surging gas prices ahead of the 40th annual CERAWeek energy conference. NBC’s Molly Hunter reports that Russian and Ukrainian officials are working on a humanitarian corridor for evacuations, but no deal has been reached yet. New Jersey Gov. Phil Murphy discusses the state’s decision to end its Covid-19 mask mandate in schools starting Monday. Plus, Warren Buffett’s Berkshire Hathaway has a $5B stake in Occidental Petroleum and Batman soars in the biggest box office debut of 2022. In this episode: Daniel Yergin, @DanielYergin Governor Phil Murphy, @GovMurphy Brian Sullivan, @SullyCNBC Molly Hunter, @mollymhunter Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Zach Vallese, @zachvallese

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squack Pod.
0:06.0	I'm C NBC producer Zach Valise.
0:08.0	Today on our podcast.
0:11.0	Russia offering a ceasefire in Ukraine on the on their
0:15.0	terms.
0:16.0	That sounded like a pretty good offer until we started hearing the details
0:19.0	which make you think they didn't take it seriously at all.
0:21.0	Oil and gas prices soaring as a result of Russia's invasion,
0:26.3	just as world energy leaders convene
0:28.6	for the 40th annual Sarawek.
0:30.9	SMP Global Vice Chairman Dan Yergen.
0:34.0	We need to be working together.
0:35.7	This is a crisis.
0:37.2	This is an emergency.
0:38.4	This is going to be a very momentous week.
0:41.6	And New Jersey officially going mask optional,
0:44.8	Governor Phil Murphy.
0:46.4	That feels very much like we are on that road
0:49.8	from pandemic to endemic that will be able to live with this in a normal way
0:54.3	responsibly like we do with a flu. Those stories plus Warren Buffett's new stake in Occidental Petroleum, and Holy Box Office Batman,
1:05.4	Superhero's still bringing in big business.
	...

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