El Niño has never happened before. This is the first time. 🤡

📽️ WHAT JUST HAPPENED? Another 24 hours on the Trump/Iran economic rollercoaster🎢 Here's our latest primer on the extraordinary economic events and the latest from the Persian Gulf👇

The European Union should loosen its "rigid" adherence to climate neutrality and allow itself to miss its 2050 net-zero goal by up to 10 percent, Germany's minister for energy and economy Katherina Reiche told a major oil and gas conference in the U.S. politico.eu/article/german…

Ed Miliband Department for Energy Security and Net Zero 1,000 highly paid, highly skilled jobs PER MONTH are being lost in the North Sea because of your policies This is noise in comparison

BeSteveL 🐝 How do you propose we do that exactly? Wind works 30% of the time. Solar 10%. Batteries that can back this up don't exist And electricity is less than 20% of total UK energy consumption In heating the government wants to install 600,000 heat pumps per year. At that rate it

Oil, coal and gas consumption are rising. Wind and solar are energy additions. There's no sign of an energy transition.

Shocking misinformation here from Ed! ▪️£64 MILLION is being spent on design and engineering work for a floating wind hub at Port Talbot! This is work private companies would normally fund themselves. But erm …. Why bother when tax payers will. ▪️It’s not for building

Over the past 25 years, Germany has pursued an energy transition by phasing out nuclear power and expanding solar and wind—at a cost of around €500 billion in subsidies. The result: installed capacity has more than doubled, yet electricity generation has declined. The reason is

Australia truckers are running out of diesel: “I’ve been driving for about 500km not a drop of diesel anywhere.” Trucks are getting stranded. When trucks can’t make their deliveries, stores run out of food and other products. Supply chains are breaking down in Asia and

Still can’t believe they did this.

UK 10 year yields just broke through 5%. Even the markets know the UK is teetering on the precipice! Borrowing costs are out of control, the economy is wankered (technical term) but Labour still can’t concede we MUST drill! Do you see how insane this now is?

Where's the electricity going to come from? Certainly not your beloved unreliables

All of Bangladesh’s fertiliser plants are fully shut — in a country of more than 170 million people to feed.

Our salt processing plant in runcorn is going bust due to sky high energy costs so we'll import salt even thou we have a never ending quantity of it. It's totally insane! Net zero is destroying all our industry. Criminally reckless.

“Baseload” solar isn’t cheap, it’s the most expensive option on the grid. Our modeling shows that delivering 24/7 power with solar + storage can cost up to $600/MWh—nearly 10x more than natural gas. The reason? Massive overbuild + costly load balancing.

If renewables are so cheap… why are the states that mandate them the most the least affordable? Look at the data. The most affordable electricity in America is in places like North Dakota, Louisiana, Nebraska, Wyoming, and Texas… all under ~10 cents/kWh. Minimal mandates. No

Saudi Arabia has increased its official selling price (OSP) to a record high. The state-owned Saudi oil giant told refineries in Asian it would charge a premium of $19.5 a barrel over the regional benchmark for sales of its flagship Arab Light. bloomberg.com/news/articles/…

CNN reports the oil crisis is becoming “an everything crisis” with petrochemical shortages spreading to consumer goods (plastics, rubber, polyester). Asia, which accounts for more than 50% of global manufacturing, is hardest hit. J.P. Morgan warns supply constraints will worsen

Hormuz is blocked And Europe's answer? "The cheapest energy is the one you don't use." Ursula von der Leyen Australia said it first. Now Brussels is saying it. Translation: we have no plan. While the world scrambles for supply: 🇺🇸 US: record crude exports, 121 tankers

LA VERDAD EN TIEMPO REAL El Secretario del Tesoro de EE.UU., Scott Bessent, acaba de lanzar una frase que destroza el mito verde de los vehículos eléctricos chinos: “Yo diría que un vehículo eléctrico chino es, en realidad, un vehículo impulsado por CARBÓN.” Mientras Occidente