How Texas plans to serve ‘infinite demand’
Eric Goff, founder of Goff Policy on batch zero, transmission planning, and how Texas can serve new load without shifting costs onto existing customers.
Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.
The White House declared last week that President Trump finally "broke OPEC" after the United Arab Emirates withdrew from the cartel.
The US blockade of tankers serving Iran's oil exports is intended to cut Iranian oil exports to near-zero.
Iran has expanded its storage infrastructure over the past decade to levels that may be sufficient to handle up to two or three weeks of crude exports at pre-war levels.
Media reports suggest the Trump Administration is considering restrictions on US oil exports.
The oil shock triggered by the crisis in the Persian Gulf has pushed crude above $100 per barrel, reviving familiar fears of economic turmoil in the United States driven by surging gasoline and diesel prices.
Amid global oil and gas disruptions, China stands prepared for the electrostate era.
Multiple US–Iran conflict scenarios carry materially different risks for global oil infrastructure, transit routes, and prices.