The next level of Jones Act insanity will be reached when this LNG tanker is added to the US-flagged fleet, but transporting 🇺🇸 LNG to the Northeast and Puerto Rico remains impossible due to the vessel being foreign-built (in NATO ally France). Because national security.
@SPGCI unveils its 10 key #Energy#Outlook themes for #2025, noting impacts of uncertainty, AI, and how resilient and adaptive fossil fuels markets are adapting to changing conditions. See details: https://t.co/d2qw75ipJV
"Energy demand searching for a new normal but will be hard-pressed to find it".
What are the top themes to watch out for in the energy sector in 2024?
@DanKlein41 @SPGCI speaks to @parikshitl at 5:15pm
The US economy:
- GDP growth 5.2%
- Inflation zero last month
- Wage growth remains robust
- Strongest recovery in G7
- Lowest uninsured rate in US history
- Median wealth up 37% 2020-2022
- Dow nearing all-time high
Well done all. More 👇
https://t.co/wpFBfKI5Mc
I would bet that coal will peak this decade (prob in the next two years), and would place even money on oil peaking before 2030, but peak natural gas in the next decade is the longest of longshots.
In my op-ed in today's @FT, a historic moment for the global energy sector
Just with today's policy settings alone, @IEA projects demand for each of oil, gas & coal is set to peak this decade – driven by the striking rise of clean tech like solar & EVs, and economic shifts in 🇨🇳
2023 #Energy#Outlook, as discussed by @SPGCI analysts discussed w/ @HoustonChron's @AmandaDrane -- be it China's Covid policy, world's need for US #shale & nat gas, fossil fuel needs or pressures on #petrochemicals. See https://t.co/bx82nsNqno
@SPGCI's Dan Klein (@DanKlein41) to a media briefing: China’s COVID policy is the key factor for global energy demand in 2023; China’s total energy demand likely to rise by 3.3 million barrels of oil equivalent per day, or 47% of world energy demand growth in 2023.
@ira_joseph I don't think Manchin is the type to settle for one or the other, but there is limited upside for US coal exports, even over the long-term due to infrastructure constraints.
‘Will COP remain relevant?’ is one of seven key themes explored in the latest @SPGCI Future Energy Outlook report previewing the United Nations’ COP27 Sharm el-Sheikh Climate Change Conference of Nov. 6-18 in Egypt.
See: https://t.co/N4iv5GqWBS