Brent Spread Returns to Pre‑war Levels, Doom Forecasts Falter
The spread between Dated Brent and the July futures price is back to pre-war levels. The same people who one month ago told us this thing can only go wider are still forecasting the apocalypse. Maybe they're right, but their recent track record isn't good. https://t.co/RK71ZBrO2C https://t.co/1bCRqeN6zI
California's Oil Imports Outsource Emissions, Undermining Reductions
California and Newsom have a dirty little secret: CA imports a lot of oil from abroad, and in particular, the middle east (~28.5% of imported oil). I love California but it is misleading when you look at Newsom’s claims about...
Gas‑price Panic Blinds Us
If even a fraction of the people who freak out about the price of gasoline would give a damn about renewables buildout, we’d never know or care about the Strait of Hormuz.
US Fuel Exports Surge 20% to 8.2 Mn Barrels Daily
Last week, the US exported more than 8.2mn barrels a day of refined fuels including gasoline, diesel & jet fuel, an increase of more than 20% from the same period last year, according to the US Energy Information Administration. https://t.co/fTwGskrYWH...
Canada Boosts Energy Capacity for Domestic and Export Demand
Excellent meeting with Prime Minister Mark Carney (@MarkJCarney) in Ottawa. We discussed the current crisis in global energy markets and the impressive steps 🇨🇦 is now taking to ensure it can meet the rising demand for energy at home & from its growing...
Texas Beats California in Clean Energy Thanks to Fewer Regulations
Everyone who cares about climate should understand this. Texas, with no pro-climate policies, has blown passed California in clean energy. In large part because Texas has less red tape and makes it easier to build.
Silence From High-Level Sources May Signal Imminent Hormuz Crisis
To be clear: I have no information, on or off the record. But my gut says something may break soon around Hormuz. What has my attention isn’t what sources are saying. It’s which high-level sources have suddenly gone quiet. Sometimes silence is the...
Rising $5‑plus Gas Prices Demand Humanitarian, Economic Action
Second time I've had to fill up the gas tank with prices at or above $5.00/gallon... Would be nice to get this situation resolved for humanitarian reasons - but also the economic ones
BIMCO Warns Project Freedom Pause Spikes Hormuz Risk
BIMCO Warns Abrupt ‘Project Freedom’ Pause Complicates Hormuz Risk Calculus. Oil and other products that come thru the Strait. Can this go on until supply shortage meets demand destruction? https://t.co/R2ZJUtaZxX
OpenSquareCap’s Q1 Letter Maps Post‑War Energy Market Outlook
Q1 letter from @OpenSquareCap is the best breakdown of Iran war energy implications I've read. The granularity of the supply chain analysis and alt data interpretation is just something else. Whatever the outcome of the conflict, this letter maps out where energy...
Gas Surge Reinforces K‑Shape: Rich Forget, Poor Relive 2022
Required reading from @talmonsmith on the K-Shaped consequences of the latest surge in gas prices. While those at the top have long forgotten 2022, for those at the bottom, it's deja vu all over again.
Ethanol Production Slows, Stocks Hit Record Levels
🇺🇸Last week's U.S. ethanol production was relatively muted for a third straight week, though still in line with seasonal trends. Despite lighter output, ethanol stocks reached a May 1 record, surpassing pandemic-elevated 2020 levels. Bit of a slip in demand. https://t.co/rGJ2JTZhLk
Mystery Behind Jeff Rath, Stay Free Alberta Link
Why do people keep associating Jeff Rath, Stay Free Alberta, and the Centurion Project? It's hard to pin down. https://t.co/Wfkm4AaUeq
HVDC: The Underrated Powerhouse Driving Decarbonization
High Voltage Direct Current (HVDC) transmission is an under-rated superstar player on Team Decarb, and needs more playing time to show what it can do! Hear @johnarnold, one of its savviest advocates and investors. Cannot wait to listen.
Oil Stagnates; Iranian Officials May Finally Respond
We are basically in the same position we were on Monday, when oil prices were significantly higher. The only difference is that people who don’t make the decisions in Iran are maybe going to respond to a memo…
Digital Imaging Streamlines Tedious Home Retrofits for Clean Heat
Today on Volts: the work of retrofitting homes with good air sealing & clean heat (eg, heat pumps) is incredibly important & also incredibly tedious & high-touch. I talk with a company that's using digital imaging to remove several steps...
US‑Iran Language Clash Masks Real Strait of Hormuz Status
Setting aside the nuclear situation, there's an issue with the 1st point right off the bat - language. The US says "Iran lift its chokehold over the SoH" and Iran says "SoH is open...follow these protocols (incl. payment)." Both sides agree on...
Oil Spikes After Satirical Trump Cover Fuels Market Frenzy
Crude oil had 6-sigma move higher (supposed to happen once in 4 million years) after we saw a magazine cover with so much oil out there it was coming out of President Trump's nose. Last week we had a...
NERC Compliance Essential for National Energy Security
Op-ed: NERC compliance is critical to national energy security #energysky -- via Solar Power World: https://t.co/cCDbZUXhEo
US Refiners Ramp up Jet Fuel to Meet Shortage
CHART OF THE DAY: US refiners are going gangbusters trying to solve the global jet-fuel shortage (and to cash in record high margins). The chart shows seasonal jet-fuel output from 2000-to-date (2026 is top line in blue). The bottom outliers are...
24/7 Solar Beats Coal and Gas Costs Globally
24/7 solar+storage is already here: China $30/MWh, Brazil $65, Oman $69. By 2030, India, South Africa, and Spain will all be near $50 - all way cheaper than new coal ($70 to $85/MWh) and new gas ($100+/MWh) The Fire Age is...
Oil Traders Guard Downside, Fear Market Gullibility Loop
I absolutely don't think oil traders are "stupid" or "gullible", as per the tone on here. They just very reasonably want to protect their downside, and are [legitimately] worried that everyone else in the market *is* gullible. So we loop. https://t.co/9KEL3rT02a
Iran Threatens Ships Crossing Strait without Permission
Iran Warns Ships Against Crossing Strait Without Its Permission ... because this is the reality. https://t.co/DpHdRSWPHM
AI Data Centers Will Match US Residential Power by 2030
The global AI data center industry will consume as much power as residential electricity across 2/3 of the United States by 2030 (950 TWh). We're literally building a parallel electrical civilization — except this one thinks faster and never sleeps.
BWEN Sells Wind Assets, Cash Use Remains Unclear
$BWEN finally selling wind business is what it should have done a long time ago, or at the very least, last year when they disposed of a related asset. Will they burn through $19M in cash from the sale or...
US Crude Exports Plunge 1.7 MMbpd, Volatility Persists
EIA weekly data showing a sharp 1.7 MMbpd pullback in crude exports for the week (to still very high levels). That's a ~12 MMbbl weekly swing in the call on US stocks. ⚠️ Export data is especially volatile. https://t.co/pPxWDqXQ4w
Iran's Sole Leverage: Oil Price Spikes, Trump Counters
Thanks to @HolmanJenkins from the @WSJ for including me in this piece. Iran's only weapon in this standoff is to spike oil prices. The Trump administration has done a good job neutralizing this by periodically reminding markets oil prices can...
Unexpected Blackouts Force Emergency Freezer Battery Backup
Gotta love sudden unannounced neighborhood-wide blackouts. Time to scramble to hook up battery backup to my freezers...
China's Domestic Coal Shields It From Energy Price Shocks
Because of its heavy reliance on domestically-mined coal, China is far less vulnerable to global energy price shocks than the EU. This and more featured in the Chartbook Top Links today. https://t.co/XIXIgRqQmP
American Steel & Aluminum Expands Solar Foundations Operations
Solar foundations manufacturer American Steel and Aluminum expands operations #energysky -- via Solar Power World: https://t.co/Wrc1OxsjqX
NSW Batteries Supply Nearly 12% of Power Demand
Australia: NSW battery storage systems capture 11.9% of state consumption #energysky -- via Energy Storage News: https://t.co/6LT8QX6dM7
Texas PV Production Set to Surpass 15 GW by 2026
Texas PV module production to exceed 15 GW in 2026 #energysky -- via pv magazine usa: https://t.co/5NPKmZ33qg https://t.co/I1YqDk0FnK
US Gasoline Imports Hit Record Lows, Watch Weekly Data
In addition to inventories and booming exports, be sure to keep an eye on weekly import estimates in today's EIA weekly data release. Overall US petroleum imports have been running pretty low, and have been especially low for gasoline. https://t.co/qoDnrbjwLO
Clean Energy Set to Power This Summer's World Cup
Clean energy will help power FIFA World Cup this summer #energysky -- via pv magazine usa: https://t.co/BQ7RVTq1n9
US‑Iran MOU: Temporary Pause, Not True Stability
This US-Iran MOU isn’t peace—it’s a timeout. 30-day talks, partial Hormuz reopening, enrichment caps. But with no trust, damaged flows, and fragile enforcement, one breach resets everything. Not stability. Just a pause inside the escalation trap. #oil #Hormuz #geopolitics #energy
Oil Prices Must Drop Before 10:30 Am EIA Draw
They forgot “need to get oil prices down before 10:30am when the EIA announces another 20 million bbl draw
Utility Model Facing Disruption, Potential Endgame
Is This the End of the Utility As We Know It? #energysky -- via Heatmap News https://t.co/jdpfdwEMlt https://t.co/09qK0xfvpy
Overview Energy Secures US Air Force Space Solar Contract
Overview Energy awarded contract to provide space-based solar power to U.S. Air Force #energysky -- via pv magazine usa: https://t.co/xQw97BIOKl
Oil Eyes Recovery Before Market Opens in 30 Minutes
Market opens in less than 30 minutes…can oil claw back the losses from the 5am drop?
EIA Weekly Data Release Sparks Unprecedented Calendar Block
Can't remember the last time I was this excited for a EIA weekly data release. Legit blocked my calendar. https://t.co/CrokkiCkKd
Microsoft May Postpone or Scrap 2030 Renewable Goal
Microsoft $MSFT is reportedly considering whether to delay or even abandon its 2030 target of matching 100% of its electricity use with renewable energy purchases - Bloomberg
Geothermal Power: Limitless, Zero‑carbon, but Needs 10× Growth
Geothermal energy could power civilization forever — 24/7, zero carbon, tiny footprint, works anywhere. It’s growing fast. But not fast enough. Here’s what the industry could learn to 10x its speed 🧵
Nationwide Gas Prices Surpass $4, Avg $4.50
Gas prices now are above $4 per gallon in all 50 states, with the average topping $4.50 https://t.co/ctzY2rZFdb
US‑Iran Deal Hype Fades as Brent Slides Below $100
Be Careful: Don’t Fall for the US-Iran Deal Hype — Brent Drops Below $100 https://t.co/1xmqJkWtPm
Oil Price Panic Forecasts Are Scare Tactics, Not Reality
I've been pushing back against apocalyptic oil price forecasts for 2 months now. Of course you can make lots of scary scenarios, but the lesson from 2026 - like in 2022 after the Ukraine invasion - is that those are...
Microsoft May Drop Ambitious Clean‑energy Goal for Data Centers
Microsoft Corp. may shelve one of the industry’s most ambitious clean-energy targets as it tries to remove hurdles that could hold it back in the race to power data centers, according to people with knowledge of the matter. https://t.co/V2xpfWIiLr
NANO Nuclear, Supermicro Partner to Power AI Data Centers
JUST IN: NANO Nuclear and Supermicro sign a strategic MOU to power next-generation AI data centers using advanced nuclear energy.
Potential Iran Deal Pushes Oil Lower, Energy Stocks Slide
🚨 Oil & Energy Selloff 🚨 Energy names getting hit hard this morning as geopolitics shift fast 👀 🛢️ Oil & Energy Stocks: -8.05% Axios reporting the US and Iran are nearing a 14-point framework to end the conflict — triggering a potential...
Peace Deal Would Boost US Iran Oil Blockade
If we end up with a peace agreement - a big if at this stage - that'll count as a big win for the US blockade of Iran. Since Russia invaded Ukraine, the key question for the West has been...
Brent Peaks, Then Drops $30 Within a Week
Brent topped on the exact day of this cover, and is down $30 in less than a week. https://t.co/3lAlU2QZRA