Today's Energy Pulse
Scania pilots vehicle‑to‑grid charging for heavy‑duty electric trucks
Scania demonstrated one of the first vehicle‑to‑grid (V2G) systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot showed bi‑directional power flow, letting trucks feed stored electricity back to the grid while parked at depots. Real‑time communication between the truck, charger and energy‑management platform enabled dynamic charging and discharging.
Also developing:
Rally Stalls Into Friday Jobs Number
The market rally paused on Friday as traders braced for the upcoming non‑farm payrolls report, with the S&P 500 slipping and every major sector ending in the red. Yields on the 10‑year Treasury rose to 4.39%, pressuring small‑cap stocks like IWM, which fell 1.6%. Oil rebounded above $95 after briefly dipping below $90, yet energy equities lagged the commodity’s recovery. The VIX eased to 17.1, suggesting modest volatility ahead of the jobs data.
California Has Four to Six Weeks of Gasoline Left
The California Energy Commission reported that the state’s gasoline and diesel inventories are sufficient for four to six weeks of normal consumption. The data comes as the final tanker of crude oil from the Strait of Hormuz, which Iran shut...
WTI Crude Slides Near $97.50 as Bears Target 38.2% Fibonacci Break
West Texas Intermediate fell to the mid‑$97s on Wednesday, breaching the 200‑hour SMA and prompting bearish traders to watch the 38.2% Fibonacci support at $96.40. Momentum indicators remain negative, and political news on a potential US‑Iran ceasefire adds to the...
Oil Firms Can Lose Money Even at $100 per Barrel
How Oil Companies Lose Money at $100 Per Barrel Instead of massive profits, some oil companies even face bankruptcy. Energy economist Ed Hirs explains. https://youtu.be/tkY-3oUHXAY
Chile Senate Introduces Bill to Regulate Lithium, Copper and Rare Earths
A cross‑party group of Chilean senators has filed a bill creating a special legal regime for critical minerals such as lithium, copper and rare earths. The proposal, now before the Senate’s Mining and Energy Committee, aims to add traceability and...
Reject Public Funding for New Oil Pipeline
No Tax Dollars for a New Pipeline The oil industry should keep its grubby mitts off the public treasuries. My response to @MHallFindlay's op-ed arguing for ending oil sands CCUS, re-directing $$ to other infrastructure, like pipelines. #ableg #abpoli https://markhamhislop.substack.com/p/no-tax-dollars-for-a-new-pipeline
PJM Launches Market‑Design Initiative to Enable Renewable Growth and Data‑Center Load
PJM, the regional transmission organization for the Mid‑Atlantic, published the report “Powering Reliability Through Market Design” to kick off a program that will overhaul its wholesale electricity market rules. The effort aims to address soaring prices, growing demand and investor...
”It’s Deja Vu All Over Again”: How New Mexicans, Advocates Repeatedly Fight Back A Push to Allow Oil and Gas...
In February 2026 the New Mexico House Agriculture, Acequias and Water Resources Committee voted 5‑4 to table HB207, a bill that would have permitted the discharge of treated oil and gas wastewater into rivers, streams, and for uses such as...
World Bank Warns 24% Energy Price Jump in 2026 as Geopolitical Shocks Widen
The World Bank’s new Commodity Markets Outlook warns that heightened geopolitical risk will push global energy prices up 24% in 2026, far exceeding past oil‑supply shocks. The forecast follows the Middle‑East war’s impact on oil output and shipping, signaling broader...
UK Regulator Set to Grant Gas Storage Licence for EnergyPathways' MESH Project
The North Sea Transition Authority is preparing to award EnergyPathways Irish Sea a gas storage licence for the Marram Energy Storage Hub (MESH). The licence would enable up to 60 offshore salt caverns and support a combined gas, compressed‑air and...
Oil Price Plunge on Iran‑Peace Hopes Sparks Broad U.S. Stock Rally
Optimism that Washington and Tehran are nearing a tanker‑deal drove Brent crude 3.8% lower to $97.38 a barrel, prompting the Dow Jones up 59 points, the S&P 500 0.1% and the Nasdaq 0.2% on May 7. Strong earnings from DoorDash, Datadog...
US Dollar's Grip on Global Energy May Be Fading
Is the US Dollar Losing Global Energy Dominance? Abishur Prakash on the beginning of a major trend. Or not? What's your take? #uspoli #cdnpoli https://youtu.be/A8YoxMix6R0
Unusual, Concentrated Oil Volumes Precede Key Announcements, Says Onyx Founder
Reuters: "Let's stay with the facts. The volumes were highly unusual. They were concentrated. They were ahead of key announcements," said Jorge Montepeque from Onyx Capital Group, who helped design the modern system of setting oil prices at pricing agency...
Reactivate Funds Solar Workforce Program for 50 Tribal Nations Members
Reactivate, an Invenergy subsidiary, has teamed with Tribal Energy Alternatives (TEA) to launch a clean‑energy workforce program for Tribal Nations. Funded by Reactivate’s Renewable Energy Equity Foundation, the initiative will train up to 50 Tribal members in a solar curriculum...
Iran, U.S. Mulling One‑Page Plan to Reopen Hormuz
NYT: Three senior Iranian officials say Tehran and the United States are discussing a one-page plan for both sides to reopen the Strait of Hormuz and end hostilities for 30 days while they try to reach a comprehensive deal. https://t.co/X7quMi0g38
NY Governor Softens Ambitious Climate Law Amid Rising Energy Costs
NY's governor says she's struck a deal to tone down one of the country's most ambitious climate laws amid soaring energy prices https://t.co/yZq3gF9PWQ
Daily Energy Report
Global jet fuel exports slumped roughly 50% after the Strait of Hormuz was closed, triggering a sharp price spike and widespread flight cancellations. The supply shock compressed jet fuel demand and, by extension, overall oil demand. Data shows that several...
Home Battery Surge Signals Grid Turning Point
State energy minister says impact of home storage in “baking hot summer” shows grid at turning point #energysky -- via Renew Economy: https://t.co/5fSXYhdD7M https://t.co/gMe15PmcrK
Oil Shock Persists: Tight Global Fuel Supplies for Months
Oil Shock Far From Over: Energy Giants Warn Global Fuel Supplies May Stay Tight for Months After Iran Deal. And the longer it takes to get a deal? https://t.co/sOpjmIj1ok
US Fund Threatens to Divest TotalEnergies Stake over Offshore Wind Exit
TotalEnergies announced it will exit its U.S. offshore wind projects, citing cost overruns and market uncertainty. The decision prompted a major U.S. public‑pension fund to threaten divestment of its roughly $1.2 billion stake in the French energy group. The fund argues...
Ukrainian Drones Disrupt Russian Energy and Logistics
Ukraine's advanced drone tech has enabled it to reliably target and strike Russia's energy infrastructure. This is throwing off Russian logistics entirely. Entire analysis available exclusively for Analyst Tier members on Patreon ➡️ https://t.co/gJLupcx251 #russiaukrainewar https://t.co/oWT2bbbQpb
Jet Fuel Crisis Exacerbated by Hoarding, Not Supply
✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️ The Global Jet Fuel Crisis: It Would Have Been Mitigated Were It Not for Hoarding Daily Energy Report https://t.co/m1p26knF8S
Canada Leads Way Lower as Mild Forecasts Weigh on Spot Natural Gas Prices
Spot natural gas prices in Canada fell sharply this week as milder-than-expected temperature forecasts reduced demand outlooks. The Henry Hub‑linked Canadian price slipped to its lowest level in six months, trading around C$2.10 per MMBtu (≈US$1.55). Analysts attribute the drop...
25‑Year Battery Life Shifts Market to Leasing
As battery lifespans approach 25 years, leasing will become the dominant financial model, says Unigrid CEO #energysky -- via pv magazine usa: https://t.co/ua7Y7UqRYe
Light‑powered Micromotors Capture Uranium From Water
Chinese scientists created light-driven micromotors that actively capture uranium from water, offering a new approach to resource extraction challenges. https://t.co/MQB2iNvSXi
Why the DOE’s Newest Initiative Demands a Full-Spectrum Nuclear ETF
The U.S. Department of Energy unveiled the Nuclear Fuel DPA Consortium 3‑33, a Defense Production Act‑backed program that will secure three domestic suppliers for key nuclear fuel stages by 2033. The initiative aims to create a cost‑competitive, home‑grown supply chain...
Feds Propose Framework to Push Nuclear Microreactor Deployment
The U.S. Nuclear Regulatory Commission has issued a proposed Part 57 rule that creates a streamlined licensing framework for nuclear microreactors of 100 MWe or less. Published May 1 in the Federal Register, the rule promises to cut permitting and licensing time to...
US Crude Stocks Plunge 8.1M Barrels; Stay Long Oil
During this past week, US crude oil inventories fell by a staggering 8.1 million barrels. STAY LONG OIL. https://t.co/JNDz5oEds3
MARAD Launches Initiative to Develop Small Modular Nuclear Reactors
The Maritime Administration (MARAD) and Transportation Secretary Sean P. Duffy announced an initiative to develop Small Modular Nuclear Reactors (SMRs) for commercial shipping. MARAD issued a Request for Information (RFI) inviting innovators to propose SMR designs that can boost ship...
Hormuz Crisis Sparks Oil Shock and Market Outlook
🎙️ NEW PODCAST 🎧 On the latest episode of Oil Ground Up, I'm joined by the one and only @ericnuttall to talk about the ongoing Hormuz crisis oil supply shock, how oil and gas equities are pricing the conflict, and what...
Gas Power Leapfrogs Wind for First Time in 10 Years in Texas’ Grid Connection Queue
For the first time since 2016, gas‑powered projects have eclipsed wind in Texas’ ERCOT interconnection queue, driven by a surge of data‑center construction. Gas capacity requests jumped 400% to nearly 64,000 MW over the past year, while wind grew only 87%...
NOVONIX Emerges as a Winner in the U.S. Battery Materials Race
NOVONIX Anode Materials secured U.S. government certification for its Riverside synthetic graphite plant in Chattanooga, unlocking a $103 million Section 48C tax credit. The approval underscores the company’s progress on operational and commercial milestones tied to its proprietary anode technology. NOVONIX is...
Markets Remain Calm Amid Two-Month Iran War
I had the pleasure of joining @PTertzakian & @JackieForrest on the Arc Energy Ideas podcast to talk about the shockingly calm market reaction to more than 2 months of Iran War—what I call the Sanguine Strait Stoppage. Long-time listener, first time...
As Battery Lifespans Approach 25 Years, Leasing Will Become the Dominant Financial Model, Says Unigrid CEO
Unigrid has unveiled a sodium‑chromium oxide battery chemistry that retains up to 95% of its capacity after 5,000 charge cycles, translating to a 20‑25‑year service life. CEO Darren Tan says this durability will enable a zero‑down, long‑term leasing model that...
Potential for ‘Super El Niño,’ Soaring LNG Demand Lift US Forward Natural Gas Prices
Forward natural gas prices in the United States are firming as forecasts of a strong El Niño raise expectations of record‑high temperatures. At the same time, growing global demand for liquefied natural gas (LNG) is bolstering long‑term consumption outlooks, especially in...
Texas Solar Costs 1/8 of California’s Electricity Price
texas is passing california on solar. and LCOE for new utility-scale solar in Texas is ~$0.04 per kwh. in CA we pay $0.30+ per kwh...
Considering Mining Hormuz After Blocking Their Blockade
We already blockaded their blockade… but what if we also threaten to mine Hormuz …?? https://t.co/V96W6vpcTn
First LNG Planned at Mexico’s ECA in June: Sempra
U.S. energy firm Sempra announced that its 3.25 million‑ton per year Energia Costa Azul (ECA) LNG export terminal in Ensenada, Mexico, will start producing LNG in June. The plant began receiving feedgas on April 20 and has been taking roughly 27 million cubic...
US Retail Diesel and Gas Prices Near Record Highs
GS: US Retail Diesel and Gasoline Prices Increased to Just $0.2/gal and $0.5/gal Below Their Respective All-Time Highs https://t.co/7rCLdcv6vm
High US Oil Prices Yet Recession Odds Remain Low
So US oil prices are remaining at very lofty levels with inevitable carry over effects on US (and global) GDP...but the probability of a recession has dropped to pre-war lows? Either the economy is less dependent on energy or we...
3 Alternative Energy Stocks Poised to Benefit From Wind and EV Growth
Wind power and electric‑vehicle adoption are accelerating, buoyed by supportive policies and falling battery costs, while rising material prices and expiring tax credits are pressuring project economics. The alternative‑energy sector is projected to attract over $3.8 trillion in investment through 2030,...
No Agreement Reached on Hormuz Passage Terms
To be honest, it doesn’t really look like they agreed on the terms for Hormuz passage this time either
Residential Solar Slump Deepens After Tax Credit Repeal
The US residential solar industry knew this year would be tough after President Donald Trump’s One Big Beautiful Bill ended a lucrative homeowner tax break for buying panels. So far, it’s looking even worse than feared https://t.co/w6pThu1Ydu
Investment Group Acquires 530-MW Gas-Fired Power Plant in Texas
Strategic Partners (SVP) announced it has taken a majority equity position in New Frontera Holdings, which owns a 530‑MW natural‑gas combined‑cycle plant in Mission, Texas, and a day later signed an agreement to acquire the remaining equity in the 485‑MW...
Carlyle and Diversified Energy to Acquire Andarko Basin Oil Assets From Camino for $1.2bn
Carlyle Group and Diversified Energy have agreed to purchase Camino's Andarko Basin oil assets for $1.2 billion. The transaction adds roughly 100 undeveloped inventory locations in a prolific development zone, bringing Diversified's Oklahoma footprint to more than 450 sites. The deal...
VIDEO: First Look at Molslinjen’s 1,500 Passenger Battery-Electric Ferries
Incat Tasmania, Wärtsilä and Denmark’s Molslinjen unveiled a video of three 129‑meter battery‑electric ferries under construction in Hobart. Each vessel will accommodate up to 1,500 passengers and reach speeds of 40 knots, making them the largest electric ferries slated for Europe....
Iran Reduces Oil Production by 400,000 Bpd, Further Cut Back Expected
U.S. Energy Secretary Chris Wright said Iran has already cut oil output by about 400,000 barrels per day and may trim it further as domestic storage fills. A naval blockade has sharply reduced Iranian crude exports, leaving tankers stranded and...
Summer Airfares Set to Surge as Jet Fuel Shortage Grips Market
Jet fuel prices have more than doubled since the Iran‑related conflict began, pushing U.S. Gulf Coast benchmarks above $330 per gallon—about 50% higher than pre‑war levels. The surge has forced major airlines such as Delta and American to record $2‑$4 billion...
Oil Shock Far From Over: Energy Giants Warn Global Fuel Supplies May Stay Tight for Months After Iran Deal
Oil supplies will continue to tighten in the coming weeks even if a U.S.-Iran peace deal ends the conflict, because it will take weeks for shipments to resume from the Gulf and for inventories to rebuild. Executives from TotalEnergies, Equinor...
Parliamentary Panel to Review Domestic Output of Petroleum Products on 15 May
India’s parliamentary panel on petroleum and natural gas will meet on 15 May to assess domestic fuel and fertilizer supplies amid disruptions from the West Asia war. While petrol and diesel inventories remain comfortable, LPG imports are strained due to the...