US Cleantech Rollbacks Cost Your Wallet and Climate
In the latest Current Climate newsletter: 💰 U.S. cleantech rollbacks hurt your wallet as well as the climate 🔋 Tesla’s best business bet isn’t robotaxis ☀️ Global Renewables Alliance on speeding the shift from fossil fuels for stability and energy security https://www.forbes.com/sites/current-climate/2026/03/16/us-cleantech-rollbacks-hurt-both-the-climate-and-your-wallet/
Disturbing Truths About Crude Supply Chain Unveiled
This podcast is totally worth the time. Covered a ton about how the crude supply chain works. Really great having Steve Pavlick in there with the policy angle. It's all pretty disturbing
California Gas Hits $5.53, 49% Above National Average
Gas prices in California are 49% above the US national average. $5.53 per gallon. https://t.co/cdwV8Mxi27
Hormuz: Vital Energy Artery Threatened by Geopolitical Tension
The Strait Of Hormuz: Energy Lifeline Or Global Time Bomb? | 4K Documentary https://t.co/t6N6hRSPrD via @YouTube
130M Barrels = 6.5 Days Disruption; Oil Still Finds Market
130 Million barrels is 6.5 days of most extreme measure of current supply disruption so I agree 1.5 days global is not the most revealing framing But the oil would have found a home anyway...
Energy Price Surge Threatens to Reverse US Inflation Decline
For most of the past three years, falling energy prices have been helping to push the US inflation rate (CPI) lower. But that tailwind will soon become a headwind, with prices of Oil and Gas spiking on a YoY basis......
IEA Chief Says Larger Oil Release Possible if Needed
🚨IEA head Fatih Birol says a wider release than the 400 million barrels announced last week is doable if needed. Full comment at briefing below. #OOTT #EnergyMarkets #energy #IranWar https://t.co/B67fHqNQ73
Trump's Oil Price Push only Stalls US Shale Output
The funny thing about the Trump admin trying SO hard to jawbone down the price of oil is that the main thing they're accomplishing, beyond a temporary political reprieve, is a delay in the production response from US shale producers.
Oil Prices Likely Rise Despite White House Talk‑down
$USO 30-Minute Chart. Nonstop chatter from White House to talk down oil. But each passing day makes bad situation worse. Watch for cup & handle bullish setup https://t.co/KOm9v3I8j9
Clean-Energy Investment Now Almost Twice Fossil Fuels
Now seems like a good time to remember that global clean-energy investment is nearly double fossil fuels https://t.co/bHhEwRKgy7
Oil Spike Overblown, Prices Set to Fall Soon
Bessent says too much is being made of the run-up in oil prices from Iran's retaliatory measures to U.S.-Israel strikes, claiming coverage of the risks around the Strait of Hormuz is being amplified by anti-Trump media bias and is part...
Hormuz Closure Threatens Oil, Gas, Fertilizer, Food Security
Former CIA analyst Larry Johnson on the GLOBAL IMPACT of the STRAIT OF HORMUZ: "You’ve now closed off 20% of the world’s oil supply, 25% of the world’s liquid natural gas, and 35% of the world’s urea... There's going to be...
Shell Exits South Africa, Selling 600 Petrol Stations
Farewell Shell, this marks the end of their petrol stations in South Africa. 🇿🇦 Shell will be selling their downstream assets, which includes a network of roughly 600 petrol stations across the country.
Gas Prices Surge 25% in Just Two Weeks
National average of gas prices is up 73 cents since the war started 15 days ago (middle panel), or 25% (bottom panel). https://t.co/NhhuStQnOD
China’s Energy Strategy Redefines Global Power Dynamics
Thanks @politico for the chance to do a deep dive on my most recent @ForeignPolicy column, written in collaboration with my @ColumbiaUEnergy colleague Erica Downs, one of the best thinkers out there on all things China and energy. https://t.co/K1X8ufGozt
Speculators Rush In as Iran Conflict Threatens Oil Supply
Just a few notes on OIL CL before the Iran crisis started all research showed that supply was swamping demand as global production due to progess in discovery and drilling was exceeding demand especially with China going all in on EV Clearly...
Oil Trading Treated as Abstract Futures, Not Physical Settlement
Peeps seem to be trading oil like an abstract future and not something that physically settles
Brent's 42% War Surge Faces Three Major Downside Triggers
Brent is up 42% from before the war began. That's a bigger risk premium than after the Ukraine invasion. Catalysts that can make Brent fall: (i) Trump ends the war; (ii) the US blockades Iranian ports (Iran's economy implodes); (iii)...
Embargo Iranian Oil, as Missed Russian Embargo Cost War
The big mistake the West made in 2022 was to not embargo Russian oil. That would have spiked oil prices further, but Russia's economy would have imploded and it likely wouldn't still be waging war in Ukraine. The lesson for...
UK Auction Cuts 78 LNG Tankers, Saves £4bn Annually
The new wind and solar capacity contracted at the UK's latest renewable auction will avoid the need for 78 LNG tankers-worth of imports each year, worth roughly £4bn at current gas prices https://t.co/gSdA6f5Jco https://t.co/tUyJ47PBMW
CLZ26's High Risk Premium Reflects Delivery Incentive
CLZ26 price of 75 is the expected forward spot price of oil for December delivery plus a risk premium. That risk premium is likely higher than normal (Z26 is cheaper than normal) due to the high incentive for those...
Treasury Secretary Confirms No US Intervention in Oil Derivatives
US Treasury Secretary Scott Bessent says the US government has NOT intervened in the oil derivatives market
Delayed Fossil Fuel Phaseout Forces Sudden Overnight Shutdown
Cheers to everyone who delayed fossil fuel phaseout by saying "you can't switch off fossil fuels overnight" Because thanks to them everyone now has to face a situation where fossil fuels are switched off overnight 🙃🙃🙃
Statkraft CEO Warns Price Tweaks Threaten Clean‑energy Investment
European regulators should avoid adjusting electricity pricing in case it puts at risk investment in clean energy, according to the CEO of Statkraft https://t.co/J5F9UAE4oH
Renewables, Batteries, EVs Boost Nations' Energy Crisis Resilience
Some countries are better positioned to weather this energy crisis than they would have been just a few years ago. That's because of the rapid growth of renewable energy, battery systems and electric vehicles. NPR interviewed me for this excellent piece:...
India Buys Pricey Russian Oil Legally, Boosting Putin
Somewhere in the Kremlin, Vladimir Putin is rubbing his hands. India is paying ~$99 a barrel for Russian crude Urals (including shipping costs). And since the US eased its sanctions on Russian crude, it's all legal.
WTI and Dollar Slip, Markets Hope Exit Ramps Amid Conflict
April WTI is trading lower as is the US dollar. The market still seems hopeful that exit ramps are found shortly, even though the conflict escalated over the weekend. Many are skeptical of the unexpected gains in PRC data....
Hedge Funds Boost Nat‑Gas Futures, Yet Still Below Historic Peaks
HEDGE FUNDS and other money managers purchased the equivalent of 159 billion cubic feet (bcf) in the two major futures and options contracts based on prices at Henry Hub in Louisiana over the seven days ending on March 10. Fund...
Sable Offshore Boosts California Crude Supply 17%
“Sable Offshore ( $SOC ) is putting California consumers first by increasing domestic supply of crude oil into the California market by ~17% and we look forward to continuing to execute as so ordered by the Defense Production Act executed...
No Policy Can Replace Hormuz Oil Flow Loss
I did not say there's nothing we can do to open the Strait of Hormuz. I said there are no policy options that can offset the loss of flow from the Strait of Hormuz.
LNG Demand May Surge 85% by 2050, Asia Leads
Shell says LNG demand could grow by as much as 85% through 2050 🌍 🚢 Asia is expected to be the main driver of demand, and further investments in new projects will be needed in the 2030s and 2040s to...
Shortening Conflict Drives Oil Prices Down, Prolonging Rises
Every time markets think this conflict lasts longer, oil prices rise. Anything that shortens it makes prices fall. A Trump TACO does that or a blockade of Iran's ports, which'll cause Iran's economy to implode, forcing the Mullahs to reopen...
White House Seeks Iran Coalition Amid Energy Crisis
Coalitions are not built after the fact. Nobody wants messes from Trump's war on them. White House Tries to Build Coalition on Iran to Address Energy Crisis https://t.co/ITeVGtMWhq
Asia's Gas‑to‑Coal Flexibility Offsets Europe’s 2022 Shortfall
South Korea is lifting a cap on coal-fired power generation (until now set at 80% of capacity) to offset the loss of LNG The flexibility of Asia to performan gas-to-coal switching (and its enormous coal-fired fleet) provides a layer of insulation...
Small, Decentralized Turbines Power Resilient, Low‑impact Energy
Not every energy innovation needs massive infrastructure. The Vortex Turbine by Turbulent Hydro shows how smaller, decentralized solutions can generate reliable power from rivers and canals with only a low height difference. A single turbine can produce 15 to 70 kW of continuous energy, operating...
Belgian PM Urges Russia Normalization for Cheap Energy
Belgium’s PM Bart de Wever: “We must normalise relations with Russia and regain access to cheap energy. That is common sense. [...] We must end the conflict in the interest of Europe, without being naïve towards Putin.” https://t.co/BopPAyhKSL
Morgan Stanley Lifts Q2/Q3 Oil Forecasts Amid Supply Gap
Morgan Stanley's Martijn Rats raised his oil-price forecast for Q2 to $110 a barrel, up from $80 previously. For Q3, he now sees $90 a barrel, up from $70. Even a reopening of the strait in the short term would...
Hormuz Closure Won’t Cripple Uranium Supply, Says Analyst
Lots of commentators are suggesting the Strait of Hormuz closure will disrupt uranium supply. I think they’re wrong. Their logic seems simple and obvious: most uranium mining relies on sulphuric acid, a large share of global sulphur exports pass through the...
Women Leaders Drive Accelerated Green Energy Transition
Join the Gender and Energy Compact partners this week at #CSW70 for the 'Shaping the Green Energy Transition: Accelerating Climate & Energy Action through Women’s Leadership' event. 📅 19 March 🕘 8:30–10:00 EST 📍 UN Church Center 🔗 https://t.co/moPwmBHLfP https://t.co/tQYKxBIZpK
Iran Attacks Fujairah, Spares Saudi Pipeline Bypass
Iran has started a new phase of its oil war: Tehran is clearly going after the Strait of Hormuz bypass route, with Fujairah (UAE) coming under attack. But so far, the Saudi pipeline bypass hasn't been attacked (and neither the Yemeni...
Another Oil Depot Ablaze in Labinsk, Russia
Meanwhile in Russia. Yet another oil depot is on fire in Labinsk, the Krasnodar region. https://t.co/B4FehoC96k
Hedge Funds Push Oil Longs to Six‑year High
Hedge funds have increased their long positions in Oil to the highest level in 6 years. https://t.co/8uRqtrleIr
US Says Oil Prices Will Rise Until Hormuz Reopens
U.S. government acknowledges oil prices will likely continue to rise until Strait of Hormuz is re.-opened: https://t.co/3Db7xAQBDO
Goldman Predicts Energy Shock Will Shrink Europe, UK Growth
Goldman on negative growth impact on Europe and UK from the energy shock > https://t.co/8QpnqMeUnL
India's Energy Security Threatened by Iran War
Iran War Energy Crisis: How Long Will India Stay Exposed to Global Insta... https://t.co/JcyDp1BD9k via @YouTube
US Mitigation Efforts Fail to Ease Hormuz Crisis
As the #Strait_of_Hormuz closure enters week three and continues to drive oil prices higher, here's a list of at least six mitigating attempts by Washington, and their impact : 1⃣ Tried to downplay the closure, saying war will be over "very...
Saudi Reroutes Oil via Red Sea Amid Hormuz Closure
♦️Here’s a striking example of how a closure of the Strait of Hormuz can reshape global oil flows—and how Saudi Arabia can rapidly adapt by diverting supplies from its eastern fields to western Red Sea terminals. ♦️A VLCC oil tanker was...
Trump Mulls Iran Oil Depot Seizure, Escalating Tanker Bottleneck
"Trump is also weighing a seizure of Iran's critical oil depot on Kharg Island — a move that would require U.S. boots on the ground — if tankers remain bottled up in the Persian Gulf, U.S. officials say." He realizes that...
China’s Iran Oil Choice Shapes US Exit Strategy
Context is that China needs oil from Iran. The cacth22 is: 1. China helps: USA wants to get a fast offramp and avoid boots on the ground - will happen if China helps (then Russia is in a Catch22). China is unlikely...
FoodProfessor Misstates Carbon Tax Never Covered On-Farm Diesel
And we have the @FoodProfessor spreading more misinformation. The carbon tax has *never* applied to on-farm diesel. https://t.co/r23JyHnPNU