Middle East Oil Shut‑in Now Three Times Feared
The numbers are clear: Middle East oil crisis is already 3x WORSE than the UNREALIZED FEAR in 2022 @Rory_Johnston explains: in April 2022 fear was 3 Million Barrel per day (mb/d) shut in for Russian Crude (DIDN'T HAPPEN). In 2026 we have 9 mb/d shut in (ALREADY HAS HAPPENED) https://t.co/LlAoQ0MCFf
China Gains First Benefit as Iran War Cuts Oil Imports
CHINA ALREADY GOT ITS FIRST WIN FROM THE WAR IN IRAN In today's newsletter, I wrote about how the long term trend of countries reducing their oil imports by substituting them with Chinese tech is already accelerating since the start of...
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Bessent un-sanctioned Russian oil AFTER WaPo reported Russia was helping Iran targeting US assets the way the US has been helping UKR target Russian assets... ...& yet Wall Street consensus overwhelmingly remains that "Bessent has everything under control." Fade that view, hard
Boxer Won't Reach Gulf Until Mid‑April, Oil Delay
Assuming the USS Boxer is heading to the Middle East, and considering that she only left San Diego two days ago, she won't be near the Persian Gulf until mid-April. If the reinforcements are intended to reopen the Strait of...
Panic Buying Leaves over 100 NSW Diesel Stations Empty
"At least 107 fuel stations across the state of New South Wales (NSW) in Australia have run out of diesel as panic buying has outstripped supply, premier Chris Minns said today." https://t.co/zXWc5xVLPK
Low Stock Levels Threaten US Reserve Capacity Integrity
Here is something I had not realized. Functionally, the US' strategic petroleum reserve may have less capacity than the stated figures. Should stocks fall below a certain threshold, it could damage the structural integrity of the actual storage facility. https://t.co/AIeGeWdXWV...
Utility Builds Data Center Transmission Free of Ratepayer Costs
So apparently a utility is able to build transmission for data centers without charging ratepayers? Utilities have almost universally said this would be bad policy.
IOCL Diesel Hike Spikes Industry Costs, Fuels Inflation
IOCL raises industrial diesel prices sharply ⛽ ₹87.57 ➝ ₹108.59 Impact : The diesel price hike by Indian Oil Corporation will raise costs for industries and transportation, leading to higher prices of goods and increased inflation.
Falling Prices and Yields Hint at Possible Middle East Conflict
Lower prices, lower yields, lower oil. Either that, or a new war in the Middle East. https://t.co/mnkr6zwlk9
SPR Release Rate Outweighs Total Volume Impact
FLOWS before SPROS: While the announced volume of IEA coordinated SPR release is equal to a 4-week full Hormuz disruption. The SPR release RATE still means the supply losses compound over time. FYSA: Back in my days at DOE, the short-hand...
China’s Investment Shifts Toward Clean Energy, Manufacturing
This story is being replicated in other regions too, e.g., Central Asia, where the China story now includes renewables, manufacturing, and more ... "Where early engagement centered on oil, gas and mining, recent years show a marked shift towards clean...
Government's Renewable Promise Proved Wrong Amid Energy Crisis
Our Federal Government Told Us Oil & Gas Would Be Replaced By Renewables For The Last 10 Years Oil & Gas was over & there was no point in expanding production Today in Asia: countries fear they will soon shut down after...
Today's $4 Gas Still 33% Cheaper than 2008
If gasoline hits $4 now, that's still a third less than the $6 it hit in 2008 in today's dollars ($4 in nominal dollars then).
Early Skeptics Proved Right as Oil Prices Soar
Two weeks ago, Brent oil futures were in the 80s; the president was telling reporters that the war was "very complete" and that Iran was begging to negotiate; and WH defenders were claiming the war was "over" and accusing commodity...
Hormuz Crisis Highlights Need to End Fossil Reliance
Just spoke to @AlJazeera about the Strait of Hormuz energy crisis. Damage to production facilities will take years to repair, further price spikes likely. Govts can subsidise bills short-term but the only lasting fix is ending fossil fuel dependence. https://t.co/0G9SMxLqKm
Extended Hormuz Closure Threatens Sovereign Debt, Consumer Credit
If Hormuz stays closed another 3-4 weeks, it all begins to crumble...into an already-teetering global sovereign debt problem & consumer credit problem. Based on what I'm hearing, it is highly likely Hormuz will remain closed for at least another 3-4 weeks. Let's...
Lifting Sanctions Boosts Iran's Oil Profits, Not Global Prices
Iranian oil has been sanctioned for many years. The 140 million barrels he is referring to are part of the "dark fleet" that has been shipping Iranian oil to Asia (mainly China) for years. Iran gets money for oil, and...
Kharg Island Tension Could Trigger Market Shock Soon
🚨 THE MARKET IS ONE ISLAND AWAY FROM RELIEF AND CHAOS US is quietly considering lifting Iran sanctions but behind the scenes? There's talk of something far more aggressive. And it all comes down to one tiny island in the Persian Gulf...
Iran War Fuels Asian Surge in EV Demand
The energy crisis caused by the war in Iran is strengthening the case for electric vehicles. The oil price shock drives EV demand in Asia. https://t.co/5yRSoiCS6O https://t.co/aKMZB28ruw
Higher Carbon Prices Reduce Global Oil Intensity
One of the reasons why you might think that carbon pricing could work: higher prices help lower the oil intensity of global output. Chartbook Top Links of the day just dropped: https://t.co/vm9gtD4kJ9
Oil Futures Signal Long-Term Impact From Iran War
It's not just a blip. Increasingly oil futures markets are suggesting that the Iran war is going to have (or has already had) effects that will last for years. https://t.co/j23M3zH7AL
Hormuz Tensions Could Spike Oil Past $200, Triggering Long‑term Chaos
Reupping this as the continued Hormuz chaos seems increasingly likely to drive oil above $200/barrel, followed by years of hydrocarbon market chaos
US May Permit Iran Oil Sales to Boost Supply
Bessent: U.S. May Allow Iran to Sell Oil in Order to Increase Supply https://t.co/cJQjJqRa54 #maritime #maritime-news
Discussing Today’s Energy Crisis and Future Solutions
Thanks to @andrewrsorkin @JoeSquawk for having me on @SquawkCNBC this morning to talk about today’s energy crisis and where we go from here.
IEA's Demand Plan Ignores LNG, Sidesteps Coal
Better late than never: IEA has released today a report with demand side measures to address the oil shortage. Including work-from-home, lower speed in highways, etc... Link here: https://t.co/MXt0hEQ9Sx Unfortunatelly, the IEA does not addresses LNG (so it sidesteps coal).
Oil Prices Soar Despite Limited Infrastructure Damage, Demand at Risk
Prices have surged but physical oil infrastructure damage remains limited & still some slack in system. For a disruption this large, prices eventually need to rise high enough to actually destroy demand—as parts of crude & product mkts are starting...
Markets Unfazed as Iran Eases Hormuz Oil Flow
Markets are shrugging off Middle East tensions as oil disruptions prove less severe than feared. Iran's selective passage through Hormuz is easing supply concerns. 🟢 Open https://t.co/I5Gu8mRO2F
German Gas Prices Outpace US Even Before Taxes
Good Morning from Germany, where gasoline prices – even before taxes – are now higher than the avg price Americans pay at the pump, taxes included. https://t.co/PJk0TM53gN
US Chooses Between Lifting Iran Sanctions or Invading Kharg
On the one hand, the US is considering lifting sanctions on Iran's oil. On the other, the US e is considering invading Kharg. It's one or the other. Either the US understands the MAD dynamic at play with energy flows...
Oil Embargo, Not Escalation, Is War’s Off‑ramp
This war needs an off-ramp. That isn't military escalation or just declaring "mission accomplished." Instead, it's an embargo of Iran's oil. That'll throw Iran into chaos and the upside for oil prices is limited given how much they've already risen... https://t.co/t20Z7S85OZ...
44-Year Rate Review Gap Ends with New Alabama Bill
“For forty-four years, Alabama Power has operated without a real rate review. That ends with this bill,” stated @EnergyAlabama. “The House heard from tens of thousands of Alabamians who stood up against HB 392, who spoke out against SB 360,...
US Gas Prices Unchanged as Europe, Asia Surge Dramatically
U.S./IRAN war is having a very different impact on gas prices in Europe and Asia compared with the United States. The conflict has had essentially no impact on domestic gas prices in the United States, which remains insulated from global...
Qatar's LNG Largely Intact; Focus on Facility Attacks
And this is just 17% of Qatari LNG. We have not yet seen significant physical damage to the oil infrastructure in the region. There’s a lot of talk about when the strait reopens but what matters for the tail...
Sea‑based Oil Reserves Dwindling, Iran Holds One‑third
This is a very important story: “…The amount of oil stored at sea — a vital buffer for markets — is running down fast…” About 1/3 of what’s left is Iranian. https://t.co/zS7v0338Ay
Asian Nations Revert to Coal Amid Gas Shortages
“Locations including Japan, Singapore, Thailand, Taiwan, Pakistan and Bangladeshgenerate a third or more of their electricity from natural gas.” “Many facing supply shortages and price increases are turning back to coal-fired power plants.” https://t.co/YhwmluSw9F #oott #LNG
Oil Backwardation Signals Spot Prices Outpacing Futures
My latest w/ @janetonthemoney on @SIRIUSXM 132 on oil: “Oil is in a backwardation, with the spot price being quite a bit higher than the forward prices... The futures oil markets are not thinking the way I am. The futures markets...
Middle East Energy Crisis Threatens Global Economy and War Funding
Middle East energy crisis: Qatar: $20B revenue loss from ther facilities being hit. CEO of Qatar energy said it would take 3 years to fix. Dep of War needs $200B to fund Iran war. Irans facilities have also been hit. Trump says “It will...
Same Cost as War Could End Oil Dependence
For the Same Cost as Another Mideast War, We Could Make Oil Irrelevant | The New Republic https://t.co/DZTebQDGDF
EIB Commits €1 B to Power Africa’s Renewable Future
Great to see the @EIB pledge €1 billion for renewable energy in #Africa. This is a strong boost for the continent’s energy and development goals, and for #Mission300’s aim of #PoweringAfrica by electrifying 300 million people by 2030. https://t.co/K48tZWNraO
US Policy Enables Chinese Firms to Buy Sanctioned Russian Oil
US government policy helps Chinese state owned oil companies buy sanctioned Russian crude wasn't on my prediction list for this year. https://t.co/JFPLk4VSxF
North Sea Drilling Isn’t Solution to Fuel Price Shocks
Every time there’s a fuel price shock, the same calls emerge: drill the North Sea. New @UKERCHQ analysis cuts through the noise and explains why this argument doesn’t hold up. https://t.co/HHL1mSGAjZ https://t.co/dfPeJ4JL3x
US Fuels Chaos to Cripple China AI, Bind Europe
Really recommend this interview between @freddiesayers and energy expert @HelenHet20 where Helen lays out why markets may be wrong in assuming things will return to normal once Iran is neutralised. The chaos may be the strategy. And whichever way you...
Fossil Gas Unreliable; Sun and Wind Provide Constant Free Power
Turns out fossil gas (aka "natural" gas) is extremely intermittent and unreliable, and batteries cannot help firm it. The sun rises and the wind blows every day. Free of charge. https://t.co/Nfjfwv3sKu
Qatar's Gas Share Is ~3.5% Globally, Not 17%
Fake news 17% of Qatars export capacity of Nat Gas which is probably like 3.5% of the global supply So much misinformation on this platform
EU Faces Prolonged Energy Crunch After Qatar Disruption
EU leaders confront multi-year energy squeeze after Qatar hit https://t.co/VJQeTgB0l1 via @johnainger @E_Krukowska @donatopmancini https://t.co/Res6oTlW0s
IEA Releases Historic Oil Stock, Offers Consumer Relief Options
With a major energy crisis unfolding, @IEA is supporting market stability with a historic oil stock release But the demand side also has a part to play. Our new report sets out immediate options that can help shelter consumers from today’s...
Tech, Not Miracles, Holds Climate‑Saving Power
Webinar on Still No Miracles Needed: How today's technology can save our climate and clean our air. Friday, March 20, 08:00 Pacific Time / 15:00 GMT https://t.co/UgcYYUJaId
Energy Crisis Persists Beyond Iran War Resolution
The global energy crisis will drag on even if the Iran war ends tomorrow: Energy Outlook Advisors https://t.co/xPMnRiP3fO
Iran's Oil Revenue Resilient Despite Kharg Threat
The regime has spent years building alternative ways to export its crude, said Anas Alhajji, a global energy markets expert. There is evidence that the regime is beginning to use them. He said there is a false impression in the media...
Energy Savings Translate to Major Business Profits
Solar Insiders Podcast: How saving energy can save businesses a fortune #energysky -- via Renew Economy: https://t.co/dmZhTfv6CU https://t.co/zYlPTjBXaL