Showing posts with label Energy 2026. Show all posts
Showing posts with label Energy 2026. Show all posts
Saturday, June 20, 2026

Good energy news

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Russia Faces Spreading Fuel Shortages After Drones Pummel Refineries...
Thursday, June 18, 2026

JMIC states Strait of Hormuz open as of today and the U.S. Navy blockade at an end, tanker transits reported for June 11-17, 2026

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SoH tanker transits 1.4/day, SoH E 0.9/day BAM tanker transits 17.0/day, BAM SE 7.1/day Strait of Hormuz Open Blockade End  
Wednesday, June 17, 2026

2027 global oil glut headlines, but 2026 historic lows are the present reality

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 And Donald Trump has put Iran in the catbird seat.   World facing a glut of oil after Iran peace deal ... stockpiles are now dangerously lo...

This damn fool dithered for over two months AFTER the April 8 ceasefire before he finally figured out that the war he started was going to endanger oil supplies

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What we want is the truth

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Can you imagine a Vance presidency? I can't.  Vance: Iran Deal Critics "Want This To Go On Until Every Bomb Has Been Dropped Or Unt...
Tuesday, June 16, 2026

Middle East tanker transits June 9-15, 2026: Strait of Hormuz 0.9/day, Bab-el-Mandeb Strait 16.7/day

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SoH E:  0.7/day BAM SE:  8.4/day 

It's a giant con: They signed a nothingburger with Iran, that's why they're not showing it to us

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    It is another desperate ploy to jawbone oil prices down in a world hurtling toward tank bottom.   Meanwhile, why did Vance have to sign?...
Monday, June 15, 2026

Middle East tanker traffic June 7-13, 2026: Strait of Hormuz 1.3/day, Bab-el-Mandeb Strait 17.0/day

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SoH E: 0.7/day BAM SE: 8.1/day  
Saturday, June 13, 2026

Gold and silver are down year to date, but not copper

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 Copper is up because high oil prices are bullish for all things electric.      

Trump merely decimated Iran, but Cushing he has annihilated

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Trump was going to halve our energy bills by now, instead he's emptying our tanks to zero

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   The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point  ... Cushing is running out of oil bec...

Tank bottom at Cushing OK projected for July

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Friday, June 12, 2026

Juneteenth, but for oil

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Thursday, June 11, 2026

Middle East tanker transits June 4-10, 2026: Strait of Hormuz 1.7/day, Bab-el-Mandeb Strait 16.6/day

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SoH E: 1.1/day BAM SE: 8.7/day  

Core wholesale prices, not seasonally adjusted, rose 4.89% yoy in May 2026, a sideways move from 4.85% the previous month which however was initially reported at 5.2%

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    Wholesale prices rose 1.1% in May, more than expected, on surge in energy The producer price index increased a seasonally adjusted 1.1% ...
Wednesday, June 10, 2026

When the going gets tough, the weak have to sell their gold, or hinder its purchase

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  As gold’s tumble continues, traders bet the pain may last for two more years ... “Turkey’s central bank is selling gold and buying dollars...

Five days of supply is better than nothing I guess lol

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Except US military operations are costing $435 million per day. After 30 days we're spending $13 billion trying to free-up $9 billion wo...

Middle East tanker transits June 2-8, 2026: Strait of Hormuz 2.1/day, Bab-el-Mandeb Strait 15.6/day

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SoH E: 1.1/day BAM SE: 7.9/day  

Two years ago Trump was promising to cut our energy bills in half, but now we get a 23.5% year over year increase in energy inflation in May 2026 on top of double digit increases in March and April

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 Because he doesn't have a clue what he's talking about. Why do they always seem to do the opposite of what they promise?     

Consumer price index inflation in May 2026: +4.2% year over year overall, +2.9% or +2.8% year over year for core, depending on whether you go not seasonally adjusted or seasonally adjusted

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Commenters may like to draw a sharp distinction between overall and core and point to core as evidence that this is not so bad, but the thin...