Blake Rivers

Planting seeds of sustainability and 🤣 memes!

[Value Seeker @ValueSeeker_]

EUROPEAN NATURAL GAS - STILL IN BACKWARDATION

European natural gas is still in strong backwardation, with its 2029 futures prices trading 67% lower.

While gas normally trades in contango (longer-dated contracts trading higher than shorter ones), this is the sign that buyers are rushing to secure whatever supply they can get now.

#OOTT solana:yD2VeA4ANfabXb9azdfKnEac8LJuxuYaZX2WCyhpump $XLE

[Adam⛰️ @AssetTraveller]

Brent currently above $100...

$PBR.A at $95 Brent for a full year: FCF ~US$25B

Policy: 45% of FCF paid out
Dividend ~$1.76/ADR = 9.1% yield on $19.22
At $105: $2.28 paid out
At $75: $0.71

Absolute FCF machine. Well positioned.

[Criterion Research @PipelineFlows]

Transco declared force majeure at Compressor Station 50 (MP 517) after a Main Unit 9 equipment failure, cutting south-to-north capacity through the station boundary to 1.30 Bcf/d from a normal 1.536 Bcf/d, effective gas day September 29. #NatGas

[Rory Johnston @Rory_Johnston]

If true (I'll personally be waiting to validate with exports) this will mean ~1.5 MMbpd of feedstock for West Coast Saudi refineries and ~2 MMbpd for export.

That's compared to exports of ~5.0-5.5 MMbpd immediately before the East-West Pipeline was taken offline following attack

[GASALYTIX @gasalytix]

Sep 26 12z #natgas

- Trend vs 12H:
GEFS -1.82
AIGEFS +1.60
EPS +1.03
EPS AIFS -2.38

- CDD Population Weighted
- TDD Anomaly vs 30yr Normal
- NOAA 6.10 | 8-14 temperature outlook

[Energy Headline News @OilHeadlineNews]

Iran hit 19 violating ships in Hormuz in past two nights - Fars

[Simon B. Trader @simonbetrader]

I can fully recommend following Mr. @JoshYoung. Actionable insights, sharp observations and a SOBER view on energy (mainly oil) markets amidst all the crazy shenanigans going on right now.

(plus some memes he posts are fire)

[Sal Mercogliano (WGOW Shipping) 🚢⚓🐪🚒🏴‍☠️ @mercoglianos]

How would US diesel export restriction impact tanker shipping rates?

⚓Curb on US diesel exports would be negative for MR product tanker rates in the Atlantic basin but positive for LR product tanker rates in the Pacific
⚓US restrictions would hike diesel margins in Asia, providing more room for importers to pay stratospheric freight rates for crude transport on VLCCs
⚓US would have more crude available for export, a positive for transatlantic aframax rates, and some aframaxes could switch back to LR2 service, another positive for aframax rates

https://t.co/pA55mOniDB

[Francesco La Camera @flacamera]

Energy Demand will grow. So how do we convert it into bankable investment. Markets need visibility to invest ahead of bottlenecks:

➡️Speed up renewables, storage & grids
➡️Accelerate permitting
➡️Advance digital tools & AI

Excellent chat w/ @Masdar, @ADSWagenda & @McKinsey.

[Norjack @NorjackNC]

Numerco Spot #uranium US$89.75 /Lb U3O8 #U3O8 as reported by @numerco dashboard Wed, 23 Sep 2026 18:22:27 GMT

[John Quakes @quakes99]

"The #uranium that can be mined at a reasonable cost is shrinking. Much of the growth came from expensive deposits and reassessments of old ones, rather than from new discoveries. Put simply, the industry is mining its cheapest pounds faster than it is finding new ones."⚠️⛏️🤠🐂

[AGA @aga_naturalgas]

"The momentum is here. The coalition is here. The need is undeniable. The time to pass durable permitting reform is now."

Read the latest on permitting reform from @KarenAHarbert and the Natural Gas Council in the @dcexaminer.
https://t.co/oUgyJLPJzg

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

September 21

"Two more tankers have been struck while transiting the Strait of Hormuz, with two seafarers injured, extending a string of attacks against commercial shipping through the strategic waterway.

UK Maritime Trade Operations said Monday that military authorities reported an inbound tanker was struck by an unknown projectile while transiting the strait. Two crew members suffered minor injuries, but the vessel remained under its own power and was continuing to its next port of call. No environmental impact was reported.

Hours later, UKMTO issued a second warning involving an LPG tanker making an outbound transit. The master reported the vessel had been hit by debris from unknown projectiles. All crew were safe, no environmental impact was reported and the tanker continued its voyage."

[The Hormuz Letter @HormuzLetter]

BREAKING: Iran's triple-urgency bill to withdraw from the Nuclear Non-Proliferation Treaty (NPT) has now been sent to the parliament's presiding board, coming as lawmakers are calling for nuclear weapons tests "as soon as possible" because Iran needs nuclear deterrence, per Iranian MP Haji-Deligani.

He adds "remaining in the NPT brings us nothing but losses," and "we should conduct the necessary tests for a nuclear weapon as soon as possible."

[Josh Young @JoshYoung]

@hkuppy There's no opt-out?

Sounds more like a "profits resilience fee"

[Josh Young @JoshYoung]

If this doesn't make you worried about a TACO, you haven't been paying attention:

[Josh Young @JoshYoung]

"China can no longer afford to wait. This is extremely bullish for oil." ✅

[John Quakes @quakes99]

Kazatomprom Executive on the #Uranium Miner's Contracting Strategy, #Nuclear Fuel Cycle Expansion👥🇰🇿⚛️⛽⛏️ New insightful interview by EnergyIntel at the London WNA symposium.🤠🐂 https://t.co/9e2Tx0np5e

[LNG QE 🇨🇦 @BubleQe]

WTI #Oil strip prices.

✔️12 months: $84.65 USD / $119 CAD
✔️24 months: $78 USD / $110 CAD

For near term pricing:

Oct Contract = $102.41 USD.
Nov Contract = $97 USD.

These are excellent prices for (CAD) producers & very 'hedge-into-able' if elected.

#OilSands #Condensate

[Alex Goodwin @Alexlsu10]

@FracSlap Badass. That gas will then power a data center that runs the computer for Collide.