MUST READ: 📑📊📈The US is far less vulnerable to an oil shock now, particularly from an economic activity / employment point of view (from @BostonFed economists). https://t.co/5eBqYIlHx3
COLUMN: The future of LNG.
Supply: away from LNG via the Strait of Hormuz.
Demand: away from LNG itself, into solar and coal.
"... It may sound counterintuitive [....] but the contours of a long-term surplus are already starting to emerge..."
@Opinion
https://t.co/XSHFBknUGD
CHART OF THE DAY: On Apr 16, the IEA made a headline-grabbing warning: Europe had "maybe 6 weeks or so of jet fuel left." It's week seven; the planes are still flying. Since those headlines, European wholesale jet fuel prices have fallen ~30% to a ~3-month low.