Know What's Happening in Energy
Know What's Happening in Energy
JPMorgan flags $1 trillion U.S. power‑grid upgrade spend amid aging infrastructure
The bank warns that the U.S. grid, averaging nearly 60 years old, faces a national‑security risk and projects roughly $1 trillion in upgrades between 2026 and 2035, part of a $5.8 trillion global spend. Rising AI‑driven data‑center demand could add 100 GW of peak load by 2030, intensifying the upgrade need.
Also developing:
By the numbers: Oil majors secure $164M Alaska lease package
Grid‑enhancing technologies such as FACTS and Advanced Power Flow Control (APFC) are allowing operators to move more electricity through existing transmission corridors without building new lines. By adjusting voltage, reactive power, and line impedance, these devices can increase usable transfer capacity by 10‑20% and, in voltage‑limited cases, up to 40‑50%. Real‑world deployments in North America, Mexico, Brazil and the UK have demonstrated 200‑300 MW additional flows on corridors that were previously constrained. The shift from building wires to steering power marks a new phase in grid expansion strategy.
Kuwait Petroleum Corporation announced it will begin throttling oil production as domestic storage fills, a precautionary step ahead of potential forced shutdowns. The move follows Iran’s recent attacks on vessels in the Strait of Hormuz, which have severely constrained tanker...
Pretty much agree with everything @abcampbell wrote in this. He articulates things very well. 1. Long oil and gas equities who stand to benefit from higher for longer futures curves https://t.co/OpqxY05aWo 2. Economic growth will be tested and small cap longs behind...
The Strait of Hormuz is shut. So what's a catalyst for oil prices to fall and not rise as everyone's now saying? The most obvious thing would be the collapse of Iran's regime, the odds of which are rising every...
U.S. officials defended a 30‑day waiver allowing Indian refineries to purchase Russian oil, aiming to ease market pressure as gasoline prices surged amid the Iran conflict. The waiver, announced by Energy Secretary Chris Wright and UN Ambassador Mike Waltz, seeks...
Kalshi markets on oil futures is crazy because it’s a 2nd derivative. Current oil price-> CL futures (first derivative) -> Kalshi (2nd derivative). Leads to very odd dynamics if Kalshi markets get big enough
US Secretary of Energy Chris Wright: “… The oil is there […] You’re seeing a little bit of fear premium in the marketplace. But the world is not short of oil today or natural gas…” (Not sure this verbal massaging is...
A mechanical failure at the Louisiana Offshore Oil Port (LOOP) on February 26 released roughly 31,500 gallons of crude into the Gulf of Mexico. Federal and state responders have recovered about 27,888 gallons and deployed 464 personnel, 60 vessels, and...
Everybody is watching the Strait of Hormuz, but they should also be watching Singapore. The image on the right are all the laden tankers sitting in an around Simgapore. The one in the left, with less ships, are loaded Very...
If you are not following @TankerTrackers you dont understand the tanker situation. Look at the gap forming between the Strait of Hormuz and Strait of Malacca. Now there is also about 100M barrels of fuel afloat in and around Singapore and...
The ongoing war in Iran and attacks on Gulf oil infrastructure are tightening global supply, especially as the Strait of Hormuz—through which roughly 30% of world oil passes—has been effectively shut down. U.S. retail gasoline has already risen to $3.45...
Good climate news this (and last week) 1 UK: Emissions fall 2.4% in 2025 as coal hits 400-year low 2 EU: Countries give final approval to 2040 climate target for 90% emissions cut 3 China: More than 80% of crude steel capacity achieved...
Australia’s latest greenhouse‑gas inventory shows a 1.9% drop in national emissions between September 2024 and September 2025, bringing quarterly emissions to 111.7 Mt CO₂‑e. However, the pace is far below the 3.9% annual cuts needed to meet the 2030 target of a 43%...
Goldman Sachs warned that global oil prices could breach $100 a barrel within days and climb to $150 by month‑end if the Strait of Hormuz remains blocked. Iran’s effective blockade has cut crude flows through the strait to roughly 10%...
On the oil production shut in: By curbing oil output early, Persian Gulf nations are trying to lengthen the time before they reach full storage. Their plan is to try to keep output low but running — avoiding full shutdowns. The former...
Tamil Nadu’s power demand surged past 20,000 MW this week, reaching a peak of 20,211 MW – the highest daily load of the year and just shy of the all‑time record set in 2024. Daily electricity consumption climbed to 416.284 million units, driven by...
California’s solar and batteries can now produce almost twice the constant output, day and night, as its nuclear plant, at the same reliability as the nuclear plant https://www.youtube.com/shorts/pGwQu57-khk
Mark Zandi, chief economist at Moody’s Analytics, on rising gas prices: “It’s particularly hard on lower-income households that spend a higher share of the budget on gas.” TRUMP = WAR PRESIDENT = MAKE AMERICANS POOR AGAIN. https://t.co/A2h1V7xApC
Sunsure Energy has signed long‑term solar power purchase agreements with Daeseung Autoparts India and Ilgahng Automotive, both part of South Korea’s Daesung Group, to supply power from its 75 MW Ilayangudi plant in Tamil Nadu. The contracts will deliver about eight million...
If only someone had looked at this, say, back in April 2020. 🙄 Turns out that a 5% reduction in emissions for one year for a gas that accumulates in the atmosphere has a tiny effect on concentrations. https://t.co/if0d8eyX1F https://t.co/UFWo16Rc47
Why the oil shock won't cause stagflation or recession: #1 U.S. less energy intensive than in past price spikes. Gasoline consumption lower today in in 2007. #2. U.S. net petroleum exporter. Therefore mildly positive for terms of trade. (link to...
Anas Alhajji warns that the escalating Iran war could push oil prices to unprecedented levels, potentially driving Brent above $120 per barrel. He cites a likely sharp reduction in Iranian output and limited OPEC spare capacity as key supply constraints....
Looking forward to discussing the Iran conflict and oil markets on @CNN at 5:40pm ET. @RapidanEnergy
The low level of active US oil and gas rigs indicate a quick ramp in production is unlikely without sustained high oil prices and higher E&P company share prices. https://t.co/GDCcOHcEBE
A recent video analysis highlights a sharp oil price shock, driven by escalating Middle‑East tensions, that pushed crude above 10% in a single week. Simultaneously, the market for exchange‑grade silver bars is tightening, with inventories down roughly 15% as industrial...
Fossil gas use for electricity down 59.5% in 2026 versus 2023 in the world's 4th-largest economy. 16th-straight and 43rd of 66 days in 2026 with >100% WindWaterSolar on California's main grid Fossil gas use continues to plummet as solar & batteries...
If you thought oil and energy was the only thing impacted by the Gulf War, hang on to your containers.
Technically, yes @SecretaryWright. But if the oil and natural gas can't get from the suppliers to the consumers it doesn't really matter to those who rely on imports from the Persian Gulf
The volume of crude production that Iraq has *already* shut-in is larger than the peak of *feared* [but never realized] Russian supply loss in early 2022 that spiked crude prices above $120 per barrel.
Oil and gas exports were first initiated after decades of imports in the Obama administration...
For those who want an overview without watching my full hour+ long video on the Strait of Hormuz Crisis https://t.co/QDALtGFKiC
BAGHDAD, March 8 (Reuters) - Iraqi oil production from its main southern oilfields has fallen by 70% to just 1.3 million barrels per day as the country is unable to export oil via the Strait of Hormuz due to...
This galaxy brain it’s-all-about-China’s-oil talking point drives me *insane* Only reason China was able to buy so much discounted crude from Ven/Irn/Ruz was because of US sanctions, largely imposed by the Trump admin(!), which scared off other buyers and left them...
Canada is looking to build export terminals, Pierre. They are more complicated. Why don't you ask Shell why they don't just build Phase 2 of LNG Canada in 200 days? Please try to help Canadians understand their energy sector rather...
Nice one from @greg_ip of @WSJ on the potential impacts on the spike in oil. https://t.co/FcZEQltWw3
JPM: "If the oil supply shock is sustained, we think each 10% increase in oil prices should translate to a ~10bp gain in headline PCE inflation and a 15-20bp drag on GDP growth."
Chevron and ExxonMobil have a stake in major Kazakh oil projects, which flow through Russia to be exported. Ukrainian strikes on any related infrastructure risk harming those American energy companies’ bottom line, and that simply will not do. #crudeoil #drones #geopolitics...
We already know the winner in the war with Iran and that's Russia. The closure of the Straits of Hormuz has swung Russian crude from pariah to prized commodity. Urals oil price is the highest since right after the Ukraine...
Friday marked a turning point. Brent rose 9% (CO1), but - instead of a broad sell-off across EM - South Africa (ZAR), Brazil (BRL) and Chile (CLP) rallied. Markets are transitioning to rewarding commodity exporters like in 2022 after the...
PHOTO OF THE DAY: China is still getting (some of) its oil. Nine days into the war, Iran continues loading oil supertankers from Kharg Island. Tehran has sent some of them across the Strait of Hormuz into the high seas wihthout any...
“The US is roughly speaking oil independent… on net, we export petroleum products.” That’s why this is less an ‘America is poorer’ story than an ‘Americans reshuffle who wins’ story. Oil industry wins. Drivers lose. https://t.co/Efd22aQEeK
Latest cunning plan from Government is to spend £1bn to give big industry lower Energy Bills. Of course, the catch is that it will be paid for by increasing domestic Bills. Genius.
Brace yourself - energy prices may well rise quite a bit higher than last week. https://t.co/PwzU61UTCt
BYD’s new flash ⚡️ charging station can charge an EV from 10% to 70% in 5 minutes 🚀 via @XH_Lee23 #EV #solar https://t.co/wTMqoUmnMo
South Korea is considering to introduce an oil price cap for the first time in 30 years 🇰🇷 🛢️ It is being considered carefully because of possible side effects including market distortions and fiscal burdens, according to Yonhap https://t.co/r66h5y13D6
Looks like the start of a beautiful “oil glut” partnership between the IEA and the Trump administration. Markets may have other ideas. #OilMarkets #EnergyPolicy #IEA #Geopolitics #EnergySecurity https://t.co/IPd77wk6Q7
Claims that the world is “well supplied with oil” during a Hormuz crisis are obviously false @SecScottBessent With 35% of maritime oil flows offline, your comments are at best out-of-touch with reality. At worst, they're lies #OilMarkets #Hormuz #EnergySecurity #IranWar #Geopolitics
Map of average diesel prices by market (updated each morning). SFO has the highest at $5.96/gallon https://t.co/DgH7FMrsx0
Bluetti launching Elite 300, world’s smallest 3 kWh portable power station #energysky -- via pv magazine global: https://t.co/2LslwEAOQq
"There is a 6- to 12-month window of extreme vulnerability where the reservoirs could fail before the new infrastructure is online."
