Nej Rellum 🚜🚜🚜🚜🚜🚜🚜🚜🚜🚜

2025 - Tis the year to QE or not to QE. That is the Feds question.
Energy Cliff is near. Reposting Energy & Financial Market for your doom scrolling pleasure.

[Nej Rellum 🚜🚜🚜🚜🚜🚜🚜🚜🚜🚜 @NejRellum]

@KatyKray73 Is this an actual ad or just ai one dropped on twitter?

[Nej Rellum 🚜🚜🚜🚜🚜🚜🚜🚜🚜🚜 @NejRellum]

@Polymarket Please be try dont let your culture get destroyed like Europe has.

[Hedgeye @Hedgeye]

U.S. electricity prices are rising at their fastest pace in decades.

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Biggest Jump in Global Crop Prices Since 2022 to Boost Inflation

Global agriculture prices notched their biggest quarterly jump since Russia’s invasion of Ukraine in early 2022 on fresh tensions in the Black Sea region and extreme weather, in a potential headwind for central bank inflation targets.

The Bloomberg Agriculture Spot Index, which tracks 10 key crops from soybeans to coffee, jumped 13% in the three months through September, the most since March 2022. (Bloomberg)

[Gerard Rennick @RennickGBR]

The madness of renewables continues.

$4.7 billion in subsidies just for Rio Tinto - a company based in London.

It’s further proof that renewables are only viable with taxpayer subsidies.

This rort has to stop. People First is committed to it.

Sign up today at https://t.co/PeAaJW2pjF to help get rid of Albanese and further taxpayer waste.

••••••••••••••

“Anthony Albanese has unveiled another industry bailout package, this time for Tasmania's Bell Bay aluminum smelter, worth $200m and jointly funded with the state government.

The Rio-Tinto owned smelter has been locked in protracted negotiations with the state-owned power company Hydro Tasmania over a new power deal for the facility.

This marks the third bailout for Australian smelters this year, following a $2.5bn funding commitment for the Tomago facility in NSW and a $2bn agreement with the Boyne smelter in Queensland.”

[Kathleen Tyson @Kathleen_Tyson_]

China and India both cancel diesel and jet fuel exports the same day?

No one is ready for the crisis coming.

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

More product stress incoming>

Chinese refiners suspend October fuel exports, one cancels cargoes

Chinese refiners have suspended exports of oil products to regions beyond Hong Kong and Macau until further notice from Beijing, four people briefed on the matter ​said on Thursday.

As China looks to safeguard domestic supplies, state ​oil major PetroChina cancelled on Wednesday a handful of its gasoline ⁠and jet fuel shipments that were planned for October, three of ​the sources said.
(Reuters)

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

nothing like waiting for the last minute >

Germany Tells State-Owned SEFE to Store Gas as Winter Nears

The German government has instructed state-owned energy company SEFE Securing Energy for Europe GmbH to procure and store natural gas in the coming weeks as the region faces pressure to bolster unusually low inventories before winter.

The company has been told to inject 8 terawatt-hours of gas into storage by Dec. 15, SEFE said in an emailed statement. A spokesperson for Germany’s Economy Ministry described the move as “an important additional measure to increase the resilience of Germany’s gas supply.” (Bloomberg)

[Nej Rellum 🚜🚜🚜🚜🚜🚜🚜🚜🚜🚜 @NejRellum]

@ozcrimenews Buy from local farmers all

[The Hormuz Letter @HormuzLetter]

BREAKING: Australia could face diesel rationing within weeks and prices above A$4 a litre, nearly 40% above today, if the US goes ahead with its export ban, the most worrying development in global fuel markets since the war began, per MST Marquee's head of energy research.

Australia is the world's largest importer of diesel in absolute terms, accounting for 1% of global fuel demand but 10% of the world's seaborne diesel imports, and it runs an economy weighted to agriculture and mining. A ban could force the government to stage 3 and 4 of its National Fuel Security Plan, which covers demand reduction and directed allocation of supply.

The US exports about 1.3 million barrels of diesel a day, a quarter of its refining output, and has been covering the gap left as Russia and China stopped exporting refined fuels.

The UK is now preparing rationing plans of its own, with 42 days of diesel left as of July.

[Nej Rellum 🚜🚜🚜🚜🚜🚜🚜🚜🚜🚜 @NejRellum]

@Eric_TrumpRv Is this true?

[Steve Hanke @steve_hanke]

Today, Ukrainian drones struck Russian oil refineries in Rostov and Perm.

These strikes will certainly invite MASSIVE RUSSIAN COUNTERATTACKS that will continue to destroy Ukraine

[IntelSphere | Geopolitical Intelligence @intelphere]

🚨 BREAKING: YEMENIS REBEL aka HOUTHIS HIT ARAMCO IN YANBU AND RIYADH

Ballistic missiles and kamikaze drones. Coordinated. Multiple targets.

Yanbu: every Aramco storage tank hit. Fires in all of them. Saudi field sources say the flames are out of control.

Riyadh: Houthi spokesman Yahya Saria announced a successful strike on a critical facility in the capital.

The Yemenis Houthis are not just choking Bab el-Mandeb anymore. They are reaching Aramco on the Red Sea and in the heart of the kingdom.

Weeks before US midterms. Days after the East-West Pipeline went dark. Two weeks after Riyadh admitted output is at 1990 levels.

Fertilizer. Petrochemicals. Freight. All climbing. Grocery bills are next.

Is The tit-for-tat strategy against the Houthis clearly working? Ask the burning tanks in Yanbu.

[Nej Rellum 🚜🚜🚜🚜🚜🚜🚜🚜🚜🚜 @NejRellum]

@Support_Pauline Yes!

[Giovanni Staunovo🛢 @staunovo]

European gas inventories rose above the 70% full mark

EU natural gas inventories in % of full - EU at 70.14%

Germany at 56.99%, Italy at 85.91%, France at 80.82%, Netherlands at 55.96%, Austria at 67.87%, Spain at 73.44% https://t.co/ynVKPpos0p

[Bitcoin for Freedom @BTC_for_Freedom]

- You: "My stocks went up 10%."

- Government: "Congratulations! That's taxable."

- You: "But inflation was 8%. I only really gained 2%."

- Government: "We tax the full 10%."

- You: "You tax the inflation you created?"

- Government: "Capital gains are capital gains."

- You: "So you profit from debasing my money twice?"

- Government: "You're not an economist."

[Jack Prandelli @jackprandelli]

🇺🇸Europe already depends on American LNG for its gas.

Now add oil.

At least two European refiners were just told they get no Saudi crude in October.

Both of Europe's biggest energy lifelines now run

increasingly through Washington.

What does America ask for in return.

More European buying of US Treasuries?
https://t.co/TQeKbl8vf2

image source: @CMEGroup

[Jack Prandelli @jackprandelli]

Diesel has completely decoupled from crude.

Since the strike on Iran in late February, low-sulphur gasoil went from tracking Brent almost 1:1 to trading at nearly double it now above $200/barrel equivalent while Brent sits around $110.

Crude got cheaper through the summer; diesel never really followed it down and it's now ripping higher again into autumn.

image source: FT

https://t.co/uLyrnw1tCp

[Jack Prandelli @jackprandelli]

🇩🇪⚡️German power for January just crossed €180/MWh

More than 60% above a year ago, and the biggest winter power surge since the 2022 energy crisis.

Europe still struggling to refill gas storage, Hormuz's closure cutting off Qatari LNG, weak French nuclear output, and low hydro reserves.

Context matters though 2022 saw wholesale power blow past €1,000/MWh.

Europe's LNG buildout and diversification since then means today's levels, painful as they are, aren't that crisis repeating.

A cold winter could still push prices another 50% higher if Middle East constraints drag on.

Image source : Bloomberg

https://t.co/hlErk2DndN

[Giovanni Staunovo🛢 @staunovo]

Number of commercial flights tracked by Flightradar24, per day #OOTT