Dallas Fed Survey Shows Low Confidence in Quick SoH
. @DallasFed energy survey update is out and respondents aren't betting the ranch on a quick resolution of the SoH situation. Source: https://t.co/GgBMaWPY6g https://t.co/cgZXdCutmv
EU Finally Admits Oil and Gas Still Essential
The EU finally realizing it’s going to need oil & gas for long enough to justify frontier exploration.
United Airlines Prepares for Worst, Hopes for Best
United Airlines plans for the worst and no doubt hopes for the best. Source: https://t.co/aZdWvhb1R5 https://t.co/vYd0VS4sw7
SoH Closure Slashes GDP, Boosts Oil Prices
Oil price and GDP effects of SoH closure for one, two or three quarters. https://t.co/JOzrf3rVQR
Regional Nuclear Transparency Could Spark Diplomatic Dialogue
The case for diplomacy, with an interesting suggestion of regional nuclear transparency / power cooperation as a prize potentially large enough to motivate dialogue.
UK Data Centers Use Four Times More Power Than Kettles
UK data centers (>10MW). NESO estimate they use ~2% of UK electricity. For context boiling kettles for cups of tea in the UK probably consumes about 0.5% of the countries electricity. Source: https://t.co/3hbIJFXKPb https://t.co/Gs547vtFpk
Floating Carcasses Risk Being Misidentified as Naval Mines
"Dead sheep thrown away by livestock ships, whose legs stick out of the water when they bloat, could sometimes be mistaken for mines by lookouts."
Today's Oil Prices Are Modest by Historical Standards
Over the past 25 years anual average REAL TERM Brent oil prices were > $100/b in six separate years and were >$150/b four of those (2008, 11, 12, 13). So by historical standards, today’s oil prices aren’t particularly high yet.
UK Releases 2024 Estimate of North Sea Oil‑Gas Reserves
UK government estimates from 2024 of remaining oil & gas resources in the N. Sea posted today. Source: https://t.co/MdBiDA5rEo https://t.co/UWUhPViK5S