Gas Prices May Not Drop, Warns Chris Wright
Chris Wright: ‘There’s No Guarantee’ Gas Prices Will Come Down #energysky -- via Heatmap News https://t.co/5uYwIoPK6a https://t.co/dvezbMMNE9
Stop Anti‑fossil Policies; Let Supply Meet Demand
The same anti-fossil-fuel politicians who spent the last decade sabotaging our electricity supply are now saying we should sabotage demand through a data center moratorium. How about instead we abandon anti-fossil-fuel policies so supply can meet demand and we can be...
Historic Solar Thermal Plant Seeks Heritage Listing
“Arguably a world first:” Historic solar thermal plant lines up for heritage listing #energysky -- via Renew Economy: https://t.co/gV4sHAz34z https://t.co/AuGPz9qbo9
RheEnergise’s Fluid‑Based Pumped Storage Hits 500 kW
RheEnergise is storing electricity generated by renewables by pumping High-Density Fluid to a high reservoir, then releasing it to generate energy later. Their pilot project has reached a peak power production of 500 kilowatts. https://spectrum.ieee.org/pumped-hydro-storage-rheenergise
Leverage Existing North Sea Oil Assets Now
And then there’s this. Use what we already have when it comes to North Sea oil.
Venezuela's Oil Gains From Hormuz Shutdown, Spiking Prices
Well that’s one way to Make Venezuela’s Oil Great Again…by shutting traffic in the Strait of Hormuz and pushing oil prices into the $90s and $100s https://t.co/0dXdhaPaQ6
Hormuz Attacks Drive Soaring Tanker Insurance Premiums, US Aid Unclear
"Shipping Insurance Costs for Hormuz Passage Surge After Vessel Attacks" https://t.co/Aq3e4lGXyX "Details of a plan for the US International Development Finance Corporation to help insure tankers are still unclear." https://t.co/mC9xKl2B7o
Cuba Experiences Nationwide Blackout Amid US Oil Blockade
#Cuba’s electric grid suffered a total power failure Monday as the island nation struggles with fuel supplies amid a de facto US oil blockade to pressure the communist government. https://t.co/5NRxiUILHa
Iran’s Alleged Tanker Fees Undermine Claims of Resilience
Lots of pessimists are hanging their hat on Iran being "tough" and "resilient." And yet, there are rumors all over of IRGC essentially letting VLCCs go through... for a fee. Hormuz is either shut or it is not. You're not...
Offtake Deal Secures Australia’s Largest Solar‑Battery Hybrid
“Brilliant economics”: Offtake deal seals delivery of Australia’s biggest solar-battery hybrid project #energysky -- via Renew Economy: https://t.co/hURGK7srcY https://t.co/QoJiVH90r5
Brent Drops Again, Risk Premium Already Overpriced
Today marks the second Monday in a row where - after a weekend with lots of alarmist talk about how high prices will go - Brent has fallen. That tells you a big risk premium is priced and it's not...
Iran Strikes Oil Field, Potential Production Loss Looms
Well, Iran finally managed to hit an oil field. Stay tuned for how much damage and how much production may be offline for how long
UK Renewables Chief Backs Continued North Sea Oil Investment
Even the chief of UK Renewables sees the case for continued UK investment in North Sea oil and gas. https://t.co/vt512DuEz7
Terra Energy Invests $1B in Alaska, Reviving US Coal
Terra Energy Center is pouring $1 billion into a deal for a planned coal project in Alaska, marking the first investment in new US coal power in more than a decade. https://t.co/0TKJrH8osM
Massive Saudi Arab Light Tanker Flotilla Heads to Asia
LINK: https://t.co/Iz3LToWVCF A flotilla of Oil Tankers Carrying Saudi Arab Light Crude to Asia Map form @Kpler
India Vulnerable to Soaring Oil Prices From US‑Israel Conflict
My take on the effect of the US-Israel war on India: "It will hit India particularly hard if the price of oil hits $120 / barrel or $200 / barrel because India is the third largest oil importer in the world."...
Iran's First Direct Strike on Oil/Gas Field
I believe this is the first sucessull Iranian attack against an **oil / gas field** since the war started (previous strikes against oil facilities involved refineries, terminals, and storage tanks). (Althought the tweet calls it an oil field, it likely...
OPEC+ Shutdown Nears 8.5 MMbpd Amid Iran Conflict
🚨 NEW POST 🚨 Latest OPEC+ production data heading into the Iran War, as well as estimates of how much production has already been shut in across the Gulf By my tally we're currently sitting at ~8.5 MMbpd confirmed shut it, with...
U.S. Gas Prices Surge 25% Since War Began
Gas in the U.S. is now up 25% since the war began and 21% from a year ago. Source: WSJ
Cuba Endures Nationwide Blackout, Protests Amid US Oil Embargo
While all the attention is (naturally) on Iran, don't lose sight of Cuba. The Caribean island has just suffered a country-wide blackout as it struggles under a de facto US oil embargo. Nightime protest have erupted in several Cuban cities in...
Seizing Kharg Island Would Checkmate Iran’s Oil Revenue
Taking Kharg Island (variety of ways) "kind of checkmate" - General (ret) Jack Keane, Chairman @TheStudyofWar , on @FoxNews "The Straits of Hormuz eventually will be a problem that will be solved, but not immediately. Kharg Island; Kharg Island,...
Alabama Senator Proposes Statewide Solar Installation Ban
Alabama senator seeks statewide ban on solar installations #energysky -- via pv magazine usa: https://t.co/yvZX12Fplf https://t.co/vSDOQqoXTq
Heat Pumps Vital, but UK Installations Need Improvement
Heat pumps are a key lever to become independent from fossil fuel imports. I'm quoted in this piece by @KarlMathiesen @politico on what installing a heat pump in the UK is actually like for consumers. TL;DR: There is some room for...
Rare Unsanctioned Russian LNG Heads to Southeast Asia
This is a rare Russian LNG shipment going through the Red Sea to Southeast Asia. Why is it rare? Because neither the LNG nor the carrier is sanctioned, and most likely it is not going to China. All previous...
Supertanker Costs vs Cargo Value Expose POTUS Misstatement
Ok, first of all, supertankers cost roughly $125 million new. Fully loaded with 2 million barrels of crude, the total value of cargo is $180 million at $90 per barrel. That’s $305 million total. POTUS doesn’t have his facts straight...
Oil Spike Fuels Inflation, Keeps Fed From Cutting
The US-Iran conflict pushed oil past $100 a barrel. This is going to keep inflation elevated. Elevated inflation stops the Fed from cutting, which isn’t good for risk assets. I don’t see a super cycle this year only lower lows as stated many...
Wider Solar Row Spacing Enhances Agrivoltaic Feasibility
Increased spacing between solar module rows boosts agrivoltaics viability #energysky -- via pv magazine usa: https://t.co/M3WeMDt4YT https://t.co/qtSnQK9LbZ
Rising Gas Prices Drive Car Lovers Toward EVs
Gas prices are rising, so to avoid pain at the pump, even petrol-heads are reconsidering EVs https://t.co/bUjKs9ok26
Solar Capacity Projected to Hit 6 TW by 2031
Global solar capacity to reach 6 TW by 2031, says GlobalData #energysky -- via pv magazine usa: https://t.co/yvd8OuX6zM
LNG Shutdown Threatens 1.8 B in Three Poorest Nations
I’ll be presenting this slide during a speech tomorrow to the Texas Agricultural Cooperative Council. Three of the world’s poorest countries — combined population: 1.8B people — will be hammered by the shutdown of LNG shipments through the Strait of...
Admin Must Admit Rising Oil Ship Traffic Through Hormuz
There were 4 in the last 24 hours. At some point, the administration needs to just be honest and lay out the facts instead of saying different things every few days, trying to jawbone the oil market, bullying the shipping...
Oil Rebound, Flattening Curve Boost Equities; Watch $94 Oil
Oil shock is reversing (Strait clearing narrative), curve flattening continues (rate hikes priced in), credit widening (HY spread breakout), and rent collapse vindicates office REIT pressure. De-escalation moves favor equities; watch if $94 oil holds or bounces.
Massive Top End Solar‑Battery Project Pursues Federal Green Approval
Enormous Top End solar and battery project seeks federal green tick #energysky -- via Renew Economy: https://t.co/hE3OdgnXA2 https://t.co/NCDEplBNdn
32% Oil Supply Lost; Rerouting Covers Only Fraction
💥 We lost about 32% of world traded crude oil supplies. 💥 Rerouting and SPR may cover up to 40% of it AT BEST. Anyone who thinks the rest of the oil industry can stretch its production to cover the GAP knows...
Finlight and Atrato Aim for 2GW EU Solar by 2030
Finlight, Atrato merge, target 2GW of operational distributed solar PV capacity in Europe by 2030 #energysky -- via pv-tech: https://t.co/4CImn8i29f
China’s Sodium‑Ion Drive Signals Mineral Dominance Contraction
One interesting topic that needs more work: China's push on sodium-ion batteries and whether this is actually more innovation or their acceptance of contraction on their critical minerals dominance (it's more the latter, but anyone can debate me after they've...
Future Oil Prices Lag Spot Gains, Threatening Well Profitability
"Dan Pickering...said that while the spot market price for oil was up 65 per cent at $99, it was only up 17 per cent for 2027 and 12 per cent for 2028....not high enough for most producers to get returns...
Gas Hits 2023 High, Stocks Surge Anyway
Gas prices reach highest level since October 2023 as oil holds above $100 per barrel; US stocks jump https://t.co/voUmM6Kcb0
Top 10 Cleantech Stories This Week and Month
We've had some more popping cleantech news this past week. Below are 10 top stories, as well as the top 10 stories of the past month. - https://t.co/tjPtBy4xDl
Dubai Crude Tops $150, Fueling Middle East Barrel Scramble
Platts Dubai crude (balance of the month) just broke above $150 per barrel. Extreme scramble for Middle Eastern physical barrels continues. https://t.co/HsxSuMbbVJ
Debate Highlights Misunderstood Assumptions Behind Carbon Tax Analysis
Me: this post assessing the impact of the industrial carbon tax is based on incorrect assumptions, incorrect math, or both. Internet: WHY ARE YOU CLAIMING THERE ARE NO TAXES? Me: There are, indeed, taxes and I have never claimed otherwise. Internet: Ha!...
All Offshore Production Offline, some Onshore Wells Shut
"sources have said all offshore production is now offline" Shut-ins also include some onshore wells. https://t.co/3NlzDrbslp
Accelerating the Global Refined Product Market's Vicious Cycle
Agreed. “this will only accelerate the vicious cycle in the global refined product mkt.” #SouthKorea $EWY #AI
Kuwait Oil Output Drops to 1.3 M Bpd Amid Hormuz Shutdown
BBG: "Kuwait Oil Output Falls to About 1.3m B/D With Hormuz Still Shut" Output down to ~1.3 MMbpd vs 1.6 MMbpd last month. Kuwaiti shut-ins have risen to around 1.3 MMbpd from 0.5 MMbpd last week.
War’s End Won’t End Oil Crisis, LNG Recovery Lags
Ending the war does not mean ending the crisis. We have countries that literally shut down production because their storage is full. To bring back that oil to a pre-crisis level takes time. For [liquified natural gas] in particular, it takes a very...
AI Surge Drives NRDC to Reconsider Nuclear Power
Exclusive: The AI boom is pushing one of America's most venerable environmental groups -- the @NRDC -- to cautiously support nuclear power after decades of resistance. https://t.co/WEDwZ1dLdL via @axios
Trump’s $50 Oil Goal Risks Global Recession
President Trump will get his $50 oil price wish before the elections— but only after triggering a global recession. Or: End the war this week and keep flooding the market with SPR releases in the coming months.
President's Cute Post Fails to Rally Hormuz Support
The President posted this? If he was actually trying to persuade allies, partners, and others to deploy to Hormuz, this surely is not going to do it. But he obviously thinks this kind of thing is just so cute.
Most Oil Sands Emissions Come From End‑User Combustion
For years, we talked about the wells-to-wheels emissions from oil sands to remind people that most of the emissions from refined products came from combustion by the end user and a small share was from the production and refining of...
US Clears Iranian Tankers Through Hormuz as Oil Prices Spike
U.S. Allows Iranian Tankers to Transit Hormuz as Oil Prices Surge and Select Ships Begin Crossing Strait https://t.co/7Cu9sdFEOi