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Another huge draw:
Crude -7.794MM, Exp. -3.050MM
Gasoline +3.364MM
Distillates +1.502MM
Cushing -583K
SPR drain: -7.993MM last week, now down 58MM since the start of the war to 357MM barrels
Restarting previously closed nuclear plants could be one of the most cost-effective ways to supply large amounts of firm, clean electricity, writes Patrick White at Clean Air Task Force.
On Thursday last week, Germany's solar hit a new all-time generation record of 68.7 GW!
In 2026, solar has regularly been surpassing total system load.
Batteries are a necessary next step to smooth out peaks, shave off evening prices and avoid curtailment.
UNITED KINGDOM generated a seasonal record 26 billion kilowatt-hours from wind farms in the first three months of 2026 surpassing the previous record of 24 billion kWh in the same period in 2024. The jump in wind output (+6 billion kWh) helped cut the demand for gas-fired generation (-5 billion kWh) compared with a year earlier, easing some of the pressure on gas imports and global LNG markets:
MILESTONE | Monthly solar generation in Britain hit a NEW RECORD in May 2026, beating the previous all-time high set in May 2025 💨⚡
Solar output reached 2.8 TWh last month, following record solar installations in 2025 and high solar irradiance.
🔍 https://t.co/DGXXlcJOgx
Natural Gas Power Burn Hits 13-Week High as Wind Output Stalls: Natural gas-fired power generation gained ground during the period covered by Thursday’s US Energy Information Administration (EIA) storage report as weak wind output pulled more gas into… https://t.co/zEY8V7SdjU
The worst heat pump is more efficient than the best gas boiler.
A gas boiler turns one unit of energy into less than one unit of heat.
A heat pump delivers 3 to 4 units of heat for every unit of input.
More in future Substack long read. Sign up here: https://t.co/In5lBaF2ox
Poland is expected to remain the growth champion in Europe in 2026. Poland did many things right, but there are two issues that will end its success story going forward:
1. The fiscal deficit is unsustainable.
2. The lowest birth rate in Europe.
So far, nothing is being done.
Empty LNG tankers are amassing in the Gulf of Oman. Will they make a run through Hormuz soon? 🚢 🚢
Qatar and Adnoc have LNG export plants in the Persian Gulf behind the strait
Qatar hasnt brought an empty LNG tanker through Hormuz yet. But it did send a few loaded shipments
AI data centers are moving toward higher-voltage DC architectures, and distributed power conversion is emerging as the answer.
@pvmagazine highlights the IQ Solid-State Transformer (IQ SST), Enphase’s new distributed power conversion platform designed to deliver regulated 800 VDC power for next-generation AI computing environments.
Built with GaN-based switching, predictive control, and hundreds of coordinated intelligent power modules, IQ SST reflects how Enphase continues applying its distributed systems expertise to new energy challenges beyond the rooftop.
Read the full feature: https://t.co/nU9XrETI23
Coming just a few years after the energy crisis centred around Russia’s invasion of Ukraine in 2022, today’s shock is set to leave a lasting imprint on future investment priorities
Energy investment in key areas rose sharply from the 2022 crisis
More ➡️ https://t.co/8IajZj1gIL
A cold snap in early May provided a new daily record, in constrast with the rest of YTD demand residential/commercial use, which is down sharply. LNG feedgas has grown a lot, power sector demand has grown a little and overall demand is up by 1.4% YTD. @ColumbiaUEnergy
In June Bidweek, Southeast Leads Rally as Gulf, Rockies and California Strengthen: June natural gas bidweek prices posted broad gains across most US markets amid swelling summer cooling demand expectations. https://t.co/urcg7XHN08
Forestry and land use projects account for nearly half of all issued U.S. carbon offset credits 🌲
This graphic, in partnership with the @_NPUC, breaks down U.S. carbon offsets by project type in 2026 using data from UC Berkeley’s Voluntary Registry Offsets Database.
https://t.co/DPH7HIwFh3 #npuc26
Forward Markets Look Past Storage Surplus as Natural Gas Demand Growth Looms: Forward natural gas markets are sending a far different signal than current inventory statistics suggest. https://t.co/MWleZjGwQt