Kent Pennybaker

[Kent Pennybaker @KentPennybaker]

Pollution and greed reign in this administration

[U.S. Department of Energy @ENERGY]

Thanks to President Trump, the war on beautiful, clean coal is OVER. 🇺🇸

[Stephen Stapczynski @SStapczynski]

Belgium became wholly dependent on Russia for LNG imports last month
🇧🇪 🤝 🇷🇺

This comes as European buyers have been holding off from purchasing LNG for winter stockpiling due to stubbornly high gas prices caused by the disruption to shipping through the Strait of Hormuz

[Farm Girl Carrie 👩‍🌾 @FarmGirlCarrie]

Common sense, thanks Martina 🙌🏼

[Lukas Ekwueme @ekwufinance]

The sulfuric acid shortage caused by the Iran war is now threatening commodity production.

Sulfuric acid is essential for processing ores into metals. The market was already tight, with prices up ~500% even before the conflict.

The Middle East accounts for ~24% of global sulfur production, and producers typically hold only a few weeks to 2 months of supply.

Without sulfuric acid, production drops.

- ~20% of global copper
~50% of uranium
- ~30% of nickel production

Depend directly on it.

But mining isn't the only sector competing for supply.

Around 60% of global sulfuric acid is used to produce phosphate fertilizers. Without it, fertilizer production falls, putting food production at risk.

To protect domestic industries, countries including Russia, Kazakhstan and Turkey have imposed sulfur export restrictions, squeezing an already tight market.

With critical energy infrastructure being destroyed, these shortages won’t disappear even if the Strait is reopened... they will persist.

[Eric Nuttall @ericnuttall]

Danger.

[Hedgeye @Hedgeye]

🇺🇸 U.S. strategic oil reserve hits lowest level since 1983

[Lakota Man @LakotaMan1]

Why are Trump supporters so fucking stupid?

[Kent Pennybaker @KentPennybaker]

@ENERGY The DOE should NOT be a political platform!!

[Stephen Stapczynski @SStapczynski]

The Hormuz closure is choking LNG supplies to Europe 🇪🇺⚠️

European imports are down 33% year-over-year (on a 30-day moving avg basis). That's because Asia is taking more US LNG to replace supply stuck in the Persian Gulf

Also, Europe imports at lowest seasonal level since 2021

[Kevin Gordon @KevRGordon]

Number of ships crossing Strait of Hormuz back to levels consistent with pre-MOU average

[Barchart @Barchart]

Crude Oil only has 43 days of supply left in the U.S., the lowest inventory in 45 years 🚨 🚨

[Kent Pennybaker @KentPennybaker]

It's carzy how low oil prices are given data like this.

[Jack Prandelli @jackprandelli]

🚨Jeff Currie: "I'd argue in my entire career, I have never seen an energy environment this tight."

The US SPR sits near a 43-year low, with barely 19 million barrels of cushion above the operating floor

Refining margins just hit a record $60+ a barrel, 6x the 40 year average, driven by supply absence, not demand

Roughly 6 million bpd of global refining capacity is offline between Russia, China and the Middle East

Currie is betting the barrels win.

[Kent Pennybaker @KentPennybaker]

@EIAgov Then why are oil prices so low?

[Kent Pennybaker @KentPennybaker]

@paulg @tweeterbull What subject?

[gasworld @gasworld]

Industrial gases major Nippon Sanso will raise prices for all helium products in the Japan market from July, according to a report from Asian tech platform Digitimes Asia. https://t.co/z2usSgCuDB #gasworld #industrialgas

[Kent Pennybaker @KentPennybaker]

@ENERGY Can Donald explain to me what this is?

[Robert Bryce @pwrhungry]

Small modular reactors may be the most crowded — and overhyped — corner of the power sector. After 18 years of reporting on SMRs, my view is simple: A brutal shakeout is coming. In the US alone, 42 companies are pushing 48 reactor designs, all chasing the same pool of capital and customers. In this paid-subscriber webinar, I use two dozen charts to map the risks, and highlight a handful of companies that, if I were investing in SMRs, would be on my short list. Linked below in comments.

[EIA @EIAgov]

UAE’s exit from OPEC+ reduced the group’s share of crude oil production and capacity. #TodayInEnergy https://t.co/n7FqyRemAh

[Kent Pennybaker @KentPennybaker]

Why Jaxson? Why? SMH!

[Deadspin @Deadspin]

Jaxson Dart addressed the Giants yesterday in a meeting to discuss him introducing President Donald Trump at a political rally last week in New York😳

Sounds like the team is working together on getting past it.

[Kent Pennybaker @KentPennybaker]

Why?

[GreeleyTribune @GreeleyTribune]

Internet company Cloudflare could cripple gore site used by Evergreen High School shooter but chooses not to, report finds https://t.co/kpztHP2Mk8