EU’s Energy Turmoil; Netflix Earnings & Chill 7/20/22

The Nord Stream 1 pipeline, the main route for Russian energy passage to the rest of Europe, is set to start functioning again on Thursday, but EU leaders are concerned that the Kremlin won’t restart flows, especially after the majority state-owned energy giant Gazprom originally cut flows to 40% and is now suggesting that it cannot fulfill its energy contracts with the EU, even if the pipeline reopens as planned. Europe’s energy turmoil could spell bigger supply and cost problems in the U.S.; Transportation Secretary Pete Buttigieg discusses what’s next in energy geopolitics, at home and abroad. After an alarming first quarter, Netflix is quelling investor concerns with its Q2 report. Variety’s Cynthia Littleton and Engine Media’s Tom Rogers discuss what these financial results mean for the rest of the streaming landscape. Plus, the Elon Musk-Twitter saga could finally be reaching an end…maybe. 

 

In this episode:

Pete Buttigieg, @SecretaryPete

Cynthia Littleton, @Variety_Cynthia

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Katie Kramer, @Kramer_Katie

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