60 million barrels of oil have exited the US Strategic Petroleum Reserve in the last 8 weeks, exceeding the draws from the Gulf War, the 2000 winter supply scare, the 2011 Libya reaction and even the 2022 pace. With energy comprising 3.5% of the S&P 500, the typical investor has more in Amazon than they do this entire sector. The US cannot perpetually fill the gap from lost Hormuz barrels.

JPMorgan just drew a line no analyst wants to talk about. Global oil inventories collapsing to 7,450 mb by July 2026. Lower than every single year since 2017. One question: Are you positioned for what comes next? 👇

Wer die deutsche Wirtschaft verstehen will, muss diese Grafik verstehen. Chemie ist die 2. größte Industrie in unserem Land. Gas ist Energieträger und Rohstoff zugleich. Ohne günstiges Gas kannst du diese Industrie in Deutschland nicht wettbewerbsfähig betreiben.

Chinese Firms Speed Up Plans to Build New Coal Power Plants Chinese firms are accelerating the pace at which they propose new coal-fired power plants, even as the government moves to rein in growth after the rapid expansion in recent years. Companies requested approval for 51 gigawatts of new plants in the first quarter of the year, according to Global Energy Monitor, ahead of the record pace set in 2025 that saw 162 gigawatts of new proposals over the full year. Construction has boomed since a spate of power shortages in 2021 and 2022 as the government touts coal’s role as a reliable back-up to intermittent renewables. (Bloomberg)