Spain's Renewables Shield Power Prices From Gas Shocks
Spain's renewables build-out has structurally decoupled its electricity prices from gas markets. Gas now sets the price in only 15% of hours, compared to 90% in Italy. Countries that invested early in clean power are far less exposed to fossil fuel price shocks. https://t.co/vxxe9OPsYR
Middle East LNG Disruption
Disruption of LNG supplies from Middle East showing what an excellent idea it has been from our wonderful political class to run down the North Sea.
Airlines Face Jet Fuel Shortage, Cancellations Loom
Airlines have been warned that they will face jet fuel shortages as soon as next month, risking flight cancellations
Brent Surges, Outpacing WTI; Gold, Silver Plummet
Brent soars 6%... now $16-$17 above WTI... Gasoline futures jump another 8.5 cents... Gold and silver destroyed https://t.co/qLglGU9Cbr
Brent Surge Won’t Reach $150‑$200 Amid Capacity Limits
Brent is up 70% in the past month. This prices Strait of Hormuz tanker traffic at half its capacity indefinitely. With the Saudis diverting lots of oil to the Red Sea and Iran continuing to export, we're already almost at...
Weekly LNG Plant Shutdown Costs Sydney’s Power for a Year
Size and scope: Each week the world’s largest liquefied natural gas plant remains shut, the world loses the equivalent of enough energy to power Sydney’s homes for an entire year. https://t.co/ng7ClUwXEF
Trump Pushes Marines to Reopen Strait of Hormuz
Rupert's newsroom--not editorial board--is all hawkish: "Trump is pressing aides and allies to find ways to reopen the Strait of Hormuz as gas prices rise. His best bet might be the U.S. Marine Corps." What U.S. Marines Can Do to Help...
Renewables and Heat Pumps Could Slash UK Gas Costs
😬UK gas prices just hit highest level since 2022😬 At current prices… * New wind & solar from latest "AR7" auction would cut the bill for UK gas imports by £5.5bn/y * A single (1) home heat pump would cut bill for gas...
Russia to Sell Energy at Market Prices, Ignoring Sanctions
NEW DELHI, March 19 (Reuters) - Russia will continue to supply energy at market prices without any consideration for Western sanctions and will offer mutually acceptable payment practices, Russian Deputy Energy Minister Pavel Sorokin told Reuters on Thursday.
China Pledges SE Asian Energy Cooperation While Halting Fuel Exports
China telling Southeast Asia it's ready to work together on energy security is a little... strange... given they're also banning all fuel exports (something Beijing has yet to publicly acknowledge) https://t.co/tm36jPLTKT
US Gas Prices Jump 37%, Reach 2022 High
Average US gasoline prices have surged 37% since the January lows, rising to the highest since 2022. The absolute price level, $3.88, is still within the range of normal from a historical perspective. But it's rising at an rapid clip,...
European Gas Buyers Must Panic Immediately Amid Price Shock
European gas buyers need to panic ... now. Brutal for the more price elastic EM buyers here.
European Gas Prices Double in Four Weeks, Exposing Fossil Dependence
European natural gas prices keep on rising and have now more than doubled )+134%) in just four weeks from €29/MWh on 17 February to €67/MWh today. Geopolitical tensions and wars always drive up gas prices. Not a bug in the system....
Aerial Attack Hits Saudi Aramco Yanbu Refinery, Minimal Damage
March 19 (Reuters) - Oil giant Saudi Aramco's SAMREF refinery in the Red Sea port of Yanbu was targeted in an aerial attack on Thursday, an industry source said, adding there was minimal impact
Asia's LNG Shortage Revives Coal as Primary Fuel
MUST READ: Coal remains king — even in 2026. "... Across Asia, a sharp drop in liquefied natural gas supplies is pushing major importers back toward coal, undermining LNG’s long-held role as a stable energy anchor..." https://t.co/MZqvZYa8RD
Reserves Meant for Supply Shocks, Not Price Cushioning
Reserves shouldn’t be for cushioning prices at this point… you may never know with the madmen bombing everything in the Middle East, there may be no fuel coming in at all… the reserves are for such times…. If it was...
US Signals De‑escalation Amid Gas‑site Strikes
UNITED STATES signals de-escalation after strikes on gas sites in Iran and Qatar threaten to send war into new and more damaging phase: https://t.co/M624CwIJgU
European Gas Spikes 30% After Qatar LNG Plant Hit
European gas prices surge 30% after Qatar said the world’s largest LNG export plant was damaged in an Iranian attack (Still TTF futures are far from the record highs of 2022) https://t.co/FC5b6KjHpJ
Canada’s Missteps Sink Energy East, Favor KXL
The process for Energy East had to be suspended when a TC consultant violated conflict of interest rules. It was then delayed again because TC changed the design. TC then cancelled the project to pursue KXL. Who do we blame?...
Canada Approved Keystone XL Fast; US Delays Keep It Unbuilt
The Canadian approval for Keystone XL was completed in a little more than a year, 15 years ago. It has been rejected, rejected, approved, rejected, and approved again in the US since that time. It remains unbuilt. It's proponent, TC...
Wind and Batteries Drive Down Power Prices, Cut Bills
AER now explicitly validating what our @FSS_Au work's been demonstrating for several years: more wind and more batteries pushing wholesale prices down and opening the door to actual bill cuts, even with fossil‑fuel risks still in the system https://t.co/h1G2Wmrare
US Blocks Keystone XL, Cancels Energy East to Focus Domestically
Keystone XL was approved on the Canadian side. The US rejected it multiple times. TC cancelled Energy East to double down on the US.
North Sea Dated Surges Past $112 Amid Supply Shock
North Sea Dated jumps above $112/bl as Europe absorbs delayed supply shocks from the Mideast war. https://www.metalnomist.com/2026/03/north-sea-dated-benchmark-hits-highest.html
Asia's Russian Fuel Imports Surge Amid Middle East Turmoil
Asia's Russian fuel imports poised to hit all-time high due to Middle East disruption https://t.co/VUFUxd0Npq
Admin's Export Restrictions Threaten U.S. Energy Credibility
There's no way that shortly after tweeting this, the admin would destroy international confidence in the reliability of the U.S. as an energy exporter by restricting oil exports? Right?
Petroleum Product Prices Surge Beyond Crude, Podcast Explains
It isn't just about higher crude anymore , as various petroleum based products are soaring. We discussed this on the latest Facts vs Feelings, complete with St Patrick's Day gear and some I'm Shipping Up To Boston 🎶 🎵 https://t.co/zEoEFfsk2d
Iran Damages Qatar's World‑largest LNG Plant
Iran inflicts ‘extensive damage’ on site of world’s largest LNG facility in Qatar https://t.co/UY9zOAW5bK via @ft
China's Energy Shock Unavoidable Despite Renewables and Reserves
The Economist: China cannot escape the energy shock—Despite renewables and reserves, it will suffer https://t.co/hzNezKxOUo
Trump Threatens Massive Blow‑up of Iran’s South Pars Gas Field
Trump threatens to “massively blow up” the South Pars gas field if Iran targets Qatar’s LNG plant again https://t.co/PMXMDF4Glg
Gas Prices Won’t Fall: Global Supply, Not Local Shortages
This won't lower gasoline prices. The issue is overall global supply and not acute domestic shortages caused by transportation shortfalls.
Saudi Crude Loadings Persist Despite Red Sea Attack Rumors
Lots of chatter in the oil market about whether a Saudi refinery in the Red Sea was attacked or not. One thing, however, appears clear: crude loadings at Yanbu and Al Muajjiz continue as normal, with 4 tankers getting their...
Cosco Tankers Poised to Exit Gulf Amid Hormuz Speculation
Cosco tankers positioned to exit Middle East Gulf as speculation mounts over Hormuz crossing ▶️Cosco and China Merchants shares rallied on unverified reports that Chinese shipowners have been told to prepare for Hormuz transit ▶️Seven Cosco tankers are gathered in central Middle...
Post‑war Tanker Boom Ends, Crude Lifts Plunge Sharply
Concerns mount over rate hangover after wartime tanker boom ends ▶️Global seaborne crude liftings volume plunged last week; alternatives to MEG are replacing only half of lost VLCC tonne-mile demand, according to Vortexa ⏩️Oil at ses is down ⏩️Nobody will keep oil at...
Iran's Second Attack Sparks Fire at Qatar's LNG Hub
Qatar is dealing with a fire at Ras Laffan - home to world’s biggest LNG export plant 🇶🇦 🚨 This is due to a second attack by Iran in the last 12 hours
Brent‑WTI Spread Hits $12, Widest Since 2020
Brent crude is trading around 110 while WTI (US-benchmark) is under 100 per barrel. The current Brent-WTI spread is hovering around $12, the widest it has been since April 2020 https://t.co/Ll4QYHc69V
War Shifts to Energy Infrastructure, Threatening Years‑Long Fallout
We have entered a new phase of the war. It is now energy infrastructure damage and destruction, not just precautionary shutdowns. The aftershocks are going to be felt for months, possibly years.
Repowering U.S. Wind Farms Could Double Output to 21% Demand
New paper: Repowering existing U.S. wind farms with newer turbines could double current output so that the U.S. could meet up to 21% (instead of 10.5% currently) of electricity demand from wind. Paper: https://t.co/WSQ69VU0c5 Article https://t.co/aApXUcPvjp
ConocoPhillips, Exxon Lead $163M Alaska Lease Auction
ConocoPhillips and Exxon were among oil companies that snapped up drilling leases in northern Alaska’s mammoth petroleum reserve in a record auction that drew $163 million in high bids https://t.co/NUsLfZlynk
Oil Price Spikes Historically Signal Upcoming Recessions
This is a remarkable chart. Oil surges like the one we’ve seen recently have consistently preceded recessions. Chart by @thierryborgeat https://t.co/GpMNhNl06Y
California Hits 100% Renewable Days, Gas Plummets
70% (53 of 76) of all days and 26 straight in 2026 on the California ISO have experienced >100% WWS for part of the day, averaging 3.2 h/day among all 76 days. Gas down 61% in '26 v '23 Batteries up 329%,...
Iran Hits Qatar LNG Hub, Threatening Global Supply
Iran has successfully broken through Qatari air defenses for the second day in a row, this time striking the globally significant Ras Laffan energy complex. The strikes come after Iran’s own natural gas processing plants along the shared North Dome/South Pars...
Iranian Missile Damages Qatar LNG Hub, Threatens Global Supply
Qatars industrial complex housing the world’s largest LNG export plant suffered “extensive damage” after an Iranian missile strike 🇶🇦 ⚠️ The plant provides 20% of global LNG supply, and was shut earlier this month. But a delayed restart (due to...
Export Limits Would Backfire, Raising U.S. Gas Prices
In my latest @ColumbiaUEnergy Energy Explained blog post, Neelesh Nerurkar & I argue that restricting US oil exports, once again reportedly being discussed in DC, would backfire—offering little relief to US consumers while imposing more significant economic and geopolitical costs
Joint Hormuz Securitization Needed Before US Exits
This is the US off-ramp plan. However the best solution for the west is a joint securitization of Hormuz (secures the strait, makes control over Iran permanent, and creates leverage towards China) US is unlikely to do this alone, thus they...
2011 Oil Spike
Do you remember when oil prices topped $150/barrel in the wake of the Libya strikes in 2011? And stayed above that price for most of the next two years? OK, you may not remember it because you probably weren't thinking about...
Hormuz Closure Sparks Oil Spike, Not Deficit Monetization
If Hormuz is still closed in a month (it likely will be), this is going to turn into "We are doing more not-QE RMP's into an oil spike, but we are NOT monetizing deficits" so fast that investors heads will...
Middle East Crude Exports Plunge 25‑67%
Not looking good. Crude exports down between 25% and 67% from the Middle East, depending on country
Iran's Missile Strike Fails; Investors Still Expect Hormuz Opening
Several "dogs that didn't bark" in one headline: -Iran warned ahead of time it would hit Ras Laffan. -It fired five missiles (which it is said to be running out of.) -Four were reportedly intercepted, but one got through. -Investor consensus remains...
Europe Faces $141 Brent Pump Prices Over Iran Sanctions
Hey Europe Get ready to spend big at the pump The chart suggests $141 for North Sea Brent But that is the price you pay for being idle on Iran due to your #TDS You would have supported Obama and What's His Name (he...
Israel Strikes Iran's South Pars Facility, Risking Power Outages
Israel has hit Iranian energy infrastructure for the first time; the strike hit a processing facility tied to the South Pars gas field, which could lead to major electricity shortages in Iran within days. Access my daily coverage of the...