Bloomberg This Weekend | Pacing The AI Frontier, Oil & Gas Prices Rising

Watch on YouTube ↗  |  September 13, 2026 at 17:09  |  2:28:51  |  Bloomberg Markets
Speakers
Jeff Currie β€” CSO Energy Pathways, Carlyle Group
Patrick De Haan β€” Head of Petroleum Analysis, GasBuddy
Dan Williams β€” Jerusalem Reporter, Bloomberg
Jennifer Lee β€” Senior Economist, BMO Capital Markets
Lisa Mateo β€” Reporter, Bloomberg
Tim O'Brien β€” Political Analyst / Commentator
Gautam Mukunda β€” Lecturer, Yale School of Management and Bloomberg Opinion contributor
Morgan Meeker β€” Senior Writer, Bloomberg Weekend
Isabel Woodford β€” Journalist & Features Writer
Julie Fine β€” Bloomberg Texas Bureau Chief
Chris Coons β€” Senator, US Senate

Summary

The episode centers on Anthropic CEO Dario Amodei's call to pace frontier AI development, the mixed market implications for AI and chip stocks, and a widening Middle East conflict that is disrupting oil and fuel flows. Guests also discuss high gasoline and diesel prices, tight refining capacity, Fed rate-hike expectations, and the politics of data centers. Later segments cover AI therapy twins, financial education, drone defense, and sports business.

  • Anthropic's Dario Amodei urged the AI industry to slow frontier model development, citing safety risks and calling for embedded evaluators and government coordination.
  • OpenAI's Sam Altman backed pacing the frontier and said an IPO would be ill-advised until at least 2027; Anthropic's IPO timing was also discussed.
  • Middle East tensions around the Strait of Hormuz and Bab el-Mandeb are disrupting shipping and pushing fuel prices higher.
  • GasBuddy's Patrick De Haan highlighted record diesel prices and tight global refining capacity; Jeff Currie forecast $5 gasoline before the midterms.
  • BMO's Jennifer Lee expects the Fed to hike in September and at least a couple more times by year-end, while also seeing long-term automation and robotics demand from labor shortages.
  • Political and business segments covered Texas data-center backlash, the Trump dividend proposal, AI therapy twins, high-school personal finance education, drone defense, and sports.
Ideas
Dan Williams Jerusalem Reporter, Bloomberg 25:30
Two-strait conflict lifts oil prices.
The Iran conflict has expanded into a war of two straits: Houthi control of Bab el-Mandeb and disruptions around Hormuz are cutting maritime traffic, a Saudi pipeline has been paralyzed, and broader oil exports are being hurt, driving fuel prices higher.
WTI MED
Jennifer Lee Senior Economist, BMO Capital Markets 67:44
Labor shortages drive automation and robotics.
Slowing AI development is a pause rather than a reversal; the infrastructure is in place for a 20-year horizon. Demographic constraints, including slowing labor force growth and record-low fertility and birth rates, mean the economy will keep pushing toward more automation, AI, and robotics.
BOTZ MED
Jeff Currie CSO Energy Pathways, Carlyle Group 128:11
Gasoline to hit $5 before midterms.
He expects gasoline to reach $5 per gallon before the midterms with extremely high probability because refiners have run out of optionality. They will swing between diesel and gasoline production, creating shortages, and the refinery system cannot easily compensate.
UGA HIGH
Patrick De Haan Head of Petroleum Analysis, GasBuddy 135:19
Diesel prices stay high on refinery crunch.
Diesel prices are at all-time records because Russian refinery attacks have cut heavy oil and diesel supply, Middle East refineries are constrained behind the Strait of Hormuz, and global refining capacity is tight. U.S. refineries are running at 98% utilization with little spare capacity, and maintenance turnarounds further limit output, so diesel is likely to remain elevated.
DIESEL HIGH
Patrick De Haan Head of Petroleum Analysis, GasBuddy 136:22
Refiners benefit from tight capacity.
Refining capacity, not crude oil supply, is the choke point. The U.S. has lost refining capacity, Europe is shutting plants, utilization is at 98%, and new capacity cannot be built overnight. High crack spreads make refining extremely lucrative, supporting the refining sector.
CRAK HIGH
Up Next
19:24
πŸ’₯ Ray Dalio AVISA: β€œSe ACERCA un COLAPSO que ARRASARÁ con los AHORROS de la GENTE”
El Arte de Invertir · Sep 13
1:00:09
Hunting for Value in Mining Stocks Amid Soaring Metals Prices | Freddy Brick | Muddy Waters Capital
Monetary Matters · Sep 13
1:08:22
AI Could Change Markets Forever | Systematic Investor | Ep.417
Top Traders Unplugged · Sep 13
6:24
By The Way: Headlines You May Have Missed
Bloomberg Markets · Sep 13
11:32
Iran Seeks Gulf Support for Hormuz Plan
Bloomberg Markets · Sep 13

This Bloomberg Markets video, published September 13, 2026, features Dan Williams, Jennifer Lee, Jeff Currie, Patrick De Haan discussing WTI, BOTZ, UGA, DIESEL, CRAK. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Dan Williams, Jennifer Lee, Jeff Currie, Patrick De Haan  · Tickers: WTI, BOTZ, UGA, DIESEL, CRAK