Carbon Pricing Impact Depends on Supply Chain Coverage
Quick explainer of how the Food Dude's math is wrong (again) today: when you think about the impact of carbon pricing on fuel costs (diesel in this case), what matters is which parts of the supply chain are covered and at what price. Here's a schematic of a diesel supply chain. https://t.co/wVd1cQ4o4S
Energy Sector Shines While Rest of Market Falters
$XLE - I know I've been posting a lot of "bearish" type charts. Fun Fact - I'm Bullish Energy Fun Fact - It makes up ~3% of the S&P 500 It's only the other 97% that doesn't look good. NBD.... https://t.co/KFRYNMe8KS
Backup Generator Proves Worth During Repeated Power Outages
Two wind storms in three days. We only had power back 24 hours before we lost it again. My Generac sure has paid for itself.
This Tweet Still Stands—Math on Carbon Pricing Unsettled
If you're placing bets on who is getting the math correct on carbon pricing, may I remind you that this tweet is still posted.
Oil Demand Loss Hurts Big Economies More than Small
At risk of sounding unkind, for the global economic impact, it matters where oil demand destruction happens. The GDP hit — and spillover — isn’t the same if it occurs in a small economy like, say, Bangladesh, than if it happens...
Misapplied Carbon Price Reveals Year‑long Calculation Error
Show your work, Sylvain. When you get to the part where you applied the $110/t carbon price to combustion emissions from diesel fuel, you'll have found your mistake. I really hope you'll spell it out so everyone can see that...
IEA vs Market: Hormuz Closure Impact Dispute
Iran's supreme leader says the Strait of Hormuz should remain closed. Tankers are burning near Basra. The market is treating this like a temporary disruption. The IEA is treating it like a structural one. Someone is wrong. https://t.co/VEZoi3Wz44
Linear Carbon Pricing Assumes Nonexistent Combustion Tax
This is going to be fun. Spoiler: the only way you get a linear relationship from 2023-26 is if you assume the carbon price applies to combustion emissions consistently over that period. Carbon price hasn't applied to combustion emissions since...
Crude Oil's 48% Surge Marks Second‑Largest 2‑Week Jump
Crude Oil Futures started trading in 1983. The 48% spike over the past 2 weeks was the 2nd biggest 2-week % increase in history. From $67/barrel to $99/barrel... Video: https://t.co/P29a0c5vMR
Red Sea Swarms with Tankers as Hormuz Remains Closed
MAP OF THE DAY: While the Strait of Hormuz remains largely closed (other than a few tankers, notably from India), the Red Sea is witnessing the arrival of an oil tanker armada to the Saudi terminals there. (Tracking via @TheTerminal) (Blue...
Diesel Tax Shift: Combustion Emissions Tax Gone, Production Charges Up
If you want to understand the issue w diesel prices, here's a graph of the emissions in a barrel of diesel from production to combustion. The changes in the last 13 months have eliminated the tax entirely on combustion emissions,...
Fujairah Resumes Oil Loadings, Prices Set to Rise
UAE's Fujairah resumes oil loadings after attack, sources say. Oil is still expected to open higher when trading resumes tonight https://t.co/PPrPe2zMLy
Texans Pay 23% More Electricity Despite Lower Rates
Why do Texans pay 23% more yearly for electricity than Californians although the price of electricity in California is over twice that in Texas? https://t.co/JGaEoLb0aa https://t.co/eQRqKA42vz
Goldman Sees 25% US Recession Risk as Oil Hits $100
Goldman just raised US recession probability to 25%. Oxford Economics says $140 oil triggers recession in the eurozone, UK, and Japan. Brent is at $100 and the Strait of Hormuz is still closed. https://t.co/7yjIA43hkG
Australia Seeks Foreign Gas Investment Amid Middle East Turmoil
Australia is lobbying for more overseas investment in its gas resources as the Middle East conflict riles energy markets 🇦🇺💰 https://t.co/GpZPpkrjwB https://t.co/pVWyatVjys
Cargo Ships Revive Wind Power for Sustainable Shipping
Wind Power Returns: Cargo Ships Harness the Breeze Once Again by @QuantumTech_X #Sustainability #RenewableEnergy #CleanEnergy https://t.co/l5I1nuSoYx
Industrial Carbon Price Doesn't Raise Pump Diesel Cost
The industrial carbon price doesn't apply to diesel at the pump. If you think it adds 30c/l to the cost of production and refining (where it actually applies), you simply have no idea about the emissions profile of a litre...
Trucking Excluded From Industrial Carbon Pricing, Not Covered
Has he really been writing on this for a year thinking that trucking is covered by the industrial carbon pricing regime? They're not. Large, point source facilities are covered and that does not include trucks nor does it include most...
Quebec Taxes Diesel, Federal Carbon Price Spares Truckers
Quebec's carbon price applies to diesel fuel. The federal carbon price does not. Truckers, from the perspective of carbon pricing, were consumers. The carbon price for consumers was zero-rated a year ago.
IEA Sets Immediate Oil Release for Asia, Delays Europe, America
IEA has provided an update on the emergency oil stock release, with details on timing, regional split, and crude/product split. Asia stocks will be released immediately. Europe / America only at the of March. Still missing is the flow rate, however....
Oil Types Matched with Suppliers and Buyers Revealed
Everyone is talking about energy and oil. Here is matching oil type, supplier and buyer as illustrated. More featured on today's Chartbook Top Links in the comment below. https://t.co/9AaIiv57Qe
IEA Nations Confirm Massive Oil Release, Need Hormuz Opening
IEA countries have now confirmed their contributions to our largest ever oil stock release This brings unprecedented additional volumes of oil to the market from 16 March onward. However, opening the Strait of Hormuz is vital for a return to stable...
Europe Spent €800bn on Fossil Subsidies; Clean Energy Needed
Here we are again. In 2022–23 Europe spent €800bn subsidising fossil fuels to keep energy bills down. Imported fossil fuels mean volatile prices. The real solution is not new suppliers but a shift to clean energy. https://t.co/c6n2Q03PO1
Iran Attacks Hint at Sixth Shock, but Prices Modest
"This month’s attacks on Iran point to a sixth global energy supply shock, but the rise in crude oil prices to date does not represent a shock of the magnitude seen in earlier episodes. At $100bbl, Brent crude is less...
Oil Shock Boosts Dollar, Weakens Euro and Asian Currencies
I don’t know how much clearer I could have been in the latest roundup. 1) the price of oil doubled in a week and the Hormuz closure is 100x works for European and Asian markets. Therefore as long as it...
Air
Air-based photovoltaic-thermal system can achieve significant energy savings in buildings #energysky -- via pv magazine global: https://t.co/8Kr4yYWSUZ https://t.co/g2KHuOb4Q1
Oil Shock Resilience Masks Sectoral Strain on Airlines, Farms, Autos
The WSJ reports: "The U.S. economy is less exposed to oil shocks today than in prior decades." But, today’s economy shows strain in airlines, farms, autos. Airlines face soaring fuel costs. Farmers face higher fertilizer prices. Rising gas prices threaten US autos. https://t.co/bOpYCs0pCD
Trump's War Centers on Oil Control, Ignoring Climate Costs
The central focus of The Trump War being oil access and delivery and control against this backdrop of climate impacts from fossil fuels…
Gas Prices Surge 23% Since War Began
The @wsj on one of the most sensitive prices across the economic, political and social landscape: “Average regular gasoline prices nationally were around $3.68 a gallon on Saturday, according to AAA, a 23% increase from before the war started at the...
Oil Prices Swing Wildly on Political Hype, Not Trends
Last Sunday night, after being hugely complacent, the market was panicking and Brent briefly went to $120. But then Trump said war would be over soon and it fell back to $80. Oil isn't a one way trip here. There's...
Whale Takes $4.77M Oil Long at 10x Leverage
A whale has opened a $4,771,000 Oil long position with 10x leverage. Liquidation Price: $97.4 https://t.co/8OPXJ2x8ho
US Oil Exports Could Spark Overwhelming Ban Demand
I’m really concerned that when people take this one step further and learn that the US is actually selling oil to other countries that the public’s demand for an export ban will become overwhelming.
AI Speeds Real‑time Generator Interconnection Cost Studies
We have the technology to implement this improvement over the generator interconnection process in many ISOs. Study cost can be accelerated and should be put into a real-time posture using AI.
India’s Gulf Oil Imports Vanish, Boosting Iranian, Russian Demand
India used to import 50% of its oil from Iraq, Qatar, Saudi Arabia and UAE (blue). All this oil had to transit the Strait of Hormuz and - recently - this is down to zero. It's this massive hole that's...
Trump Forces Unpopular Northern Iraq Oil Export Resumption
Press the translate button. Remember what I mentioned before: The resumption of oil exports form Northern Iraq was forced by the Trump administration. None of the parties are happy, especially the KRG.
Iran Could Shut Hormuz for Weeks, Experts Warn
So to speak.... “Even the possibility that a hostile power could choke traffic in Hormuz—by far the world’s most vital energy and commodity artery—was considered to be absurd,” McNally told Fortune, largely because it hadn’t happened before. “When I would tell...
Geopolitical Wars Drive Stocks Down as Oil Spikes
🔴Watch oil prices: In past geopolitical conflicts, stocks were negatively correlated with oil. The longer the conflict lasted and the higher oil prices went, the deeper the drawdown, with the worst being -19.3% during the 2011 Libyan Revolution 👇 https://globalmarketsinvestor.beehiiv.com/p/the-iea-has-proposed-the-largest-emergency-oil-release-from-strategic-reserves-in-history
Fuel Oil Prices Spike, Threatening Container Shipping Costs
COLUMN: While the price of Brent and WTI crudes remain well below their record high, the cost of fuel oil has surged above the 2022 and 2008 peaks. The surge is a big problem for the workhorse of globalisation: the container...
UK Heat Pump Installations Quadruple Since 2020
Good news on a Sunday and in times of an energy crisis: the number of heat pump installations in the UK last year was over 4x higher than in 2020 new government figures confirm. https://t.co/CsxB2ff5P9
Italy Revisits Nuclear Power Amid Rising Energy Costs
Italy explores nuclear return after 40 years as energy costs hit https://t.co/fQurGswR6n via @Alemrome @Al_Brambilla @donatopmancini https://t.co/Cq5A96SJHB
Ge
Here it comes. Covering : - US Strike on Iran's Kharg Island - Impact on USOIL & trade idea with targets - Why Gold ( XAUUSD ) isn't moving higher & whats next for it - Stagflation update & its impact - US Indexes update &...
German Gasoline Outpaces Europe After Oil Shock
Good Morning from Germany, where petrol prices have reacted much more sharply to the oil shock than in the rest of Europe. Excluding taxes and duties, petrol currently costs about 94 cents per litre at the pump in Germany, compared...
Decouple Electricity Pricing From Gas to Stabilize Power
We need to restructure the pricing of electricity in this country. Time to break the tie between wholesale gas prices and electricity. It would help stabilise the price of power in the current oil and gas crisis
Shandong Offshore Solar Farm Produces 1.78B kWh, Saves Farmland
Shandong’s Massive Offshore Solar Farm Generates 1.78 Billion kWh Annually While Preserving Farmland by @tweetciiiim #Sustainability #RenewableEnergy #CleanEnergy https://t.co/13ti2nFS3Z
Big Oil's $63B Payday Fuels Global Climate Crisis
And there you have it: Just 2 weeks later, a $63b payday for the few; a planetary disaster for the rest of us. The sun doesn't send a bill, but Big Oil certainly does - and countries pay for it...
Massive $11.4M Oil Long Faces Liquidation at $88.4
Someone opened a $11,402,000 Oil long position yesterday. If Oil drops to $88.4, he will be fully liquidated. https://t.co/7YNdGzV93U
Biodiesel Boom Drives Massive Soybean Consumption
Met someone tonight who works at a biodiesel plant. Said production is ramping hard and demand is strong. More notably, they use an insane amount of soybeans. 🤔
Iran's Hormuz Blockade Catches White House Off Guard
As they said at the White House, "who could have imagined Iran would block the Straits of Hormuz?"
Oil Dependence Stinks—Time to Embrace Renewables
While I make my case that the Strait of Hormuz should be renamed “Dire Straits” this is your friendly reminder that oil dependency fuckin’ sucks and today is a great day to support renewables.
AI-Driven Reskilling Essential for 40% Workforce Boost
The global energy transition won’t scale without people. Newly qualified energy workers aren’t keeping pace with demand, and without a ~40% increase in trained entrants by 2030, the skills gap will widen fast. This is where #AI, digital skills, and reskilling become...