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On this episode, hosts Alex Melvin and Zane Curry discuss various updates in regional pricing, tariffs, and the global crude and gas markets. Key topics include Western Canadian crude differentials, Mexican crude pricing trends, the Transmountain expansion project's impact on Canadian crude flow, and the geopolitical implications involving Venezuelan and Iranian crude in relation to India and China. A deeper dive into North American gas markets reveals significant changes in basis pricing, particularly in West Texas, southeastern U.S., and western markets. The discussion also touches on long-term natural gas pricing influenced by asset-backed securities (ABS) deals and projected LNG demand. The hosts conclude by discussing the broader market implications of these developments.