Mark Henspeter

All things Alaska, Arctic, energy, and the great outdoors. UAF, MT, TAMU Energy Institute.

[Tom Moyer 🇺🇸 @TomMoyerUT]

“By forcing refiners to put more ethanol into gasoline than is warranted by the underlying economics, we are pushing up the price of both gasoline and food.”

The emissions benefits of it are negligible, if they even exist at all. Let ethanol live or die on its own in the market.

[Mark Henspeter @m_henspeter]

@Michael_L_Rauch @Rivian @Tesla The cargo cover is always the first thing I remove on a new car, and it then collects dust in the garage for the rest of time. Optional isn’t all bad.

[Kyle Chan @kyleichan]

Look carefully at the bottom of the chart.

Likely disruption to the global auto industry is expected to be close to all the other listed products combined.

[Mark Henspeter @m_henspeter]

@LeviBetz I think the long game has always been to exit the consumer vehicle space and just license FSD. The vehicles have undeniably shaped their respective markets and forced the legacy OEMs to innovate, but Tesla clearly doesn’t have a desire to remain competitive.

[Mason Hamilton🛢📊⛽️ @T_Mason_H]

The ~8 million barrels per day global market for jet fuel is showing signs of stress — more than gasoline and diesel. But why jet fuel and why now? ✈️🛫🛬🛢️

Here's a thread 🧵 (with good looking charts) to help answer. 

Global spot jet fuel prices have gone over $200/b recently and remain elevated - between $150-160/b.

[Costa Kapothanasis @CostaKapo]

For those who think I am making this up, Toyota is about to release a service bulletin stating you can temporarily use 0w20 in lieu of 0w8 and 0w16 because the Shell Pearl GTL facility at Ras Laffan Qatar is completely offline and we are going to run out of 0w20 soon. Bookmark it

[Mark Henspeter @m_henspeter]

@datamanAK $5/gal is a big psychological milestone for drivers and retailers alike. But the threshold for demand destruction varies by region, and I don’t think retailers will feel the squeeze until Alaskans actually start conserving fuel and driving less. We’re not there yet.

[Mark Henspeter @m_henspeter]

@CrazyWeeMonkey Truly a great car in so many respects, but totally agree about the steering wheel. They’re getting better, but the last one I drove was a 2023 and it literally felt like a $100k car with a $10 steering wheel.

[Patrick De Haan @GasBuddyGuy]

Motorists today will spend ~$545 million more on gasoline than they did March 1. The cumulative total is now $22.2 billion since then.

[Patrick De Haan @GasBuddyGuy]

a double spike day I don't believe in my ~20 years I've ever seen this- $4.79, then updated to $4.99. unprecedented. what's even more wild that the market has completely gone insane is that all 3 markets are the SAME- MI/IN/OH

[Mark Henspeter @m_henspeter]

@CrazyWeeMonkey Perhaps, but the bottleneck becomes less impactful to the user experience as the charging times diminish. A 9-minute charge that could be 6 is much less of a constraint than a 30 minute charge that could be 15.

[Tracy Alloway @tracyalloway]

Here comes the food inflation

Costs for food companies jumped 7.9% yoy in March (vs. 4.2% in Feb.)

This is basically just from higher fuel costs - we're still waiting for the impact of higher fertilizer, plastics, etc.

From the Odd Lots newsletter:

https://t.co/y6NWptOKSD

[Mark Henspeter @m_henspeter]

Electrification, powered by a diversified mix of energy resources, is critical to reducing the local impact of global energy market volatility.

https://t.co/9ShOtpqpHo

[Fin Moorhouse @finmoorhouse]

The hyperscalers have already outspent the most famous US megaprojects

[Logan @NoCHillDC]

I'll die on this hill. As a DC professional I've long argued with friends and colleagues that they aren't getting enough sleep, and they are in total denial about how cognitively impaired they are.

[Brett Watson @brettjwatson]

Unclear what the source of this information is, but one can do a simple modification of the DoR Fall '25 Rev Sources book Inc Statement Table and see that @ ANS $120 the state makes ~$28 per barrel and the companies are making $42 (assuming this is a Prudhoe barrel)

[Rory Johnston @Rory_Johnston]

There it is—Dated Brent (i.e., spot) crude hits $144.46/bbl, a new all-time high.

[Mark Henspeter @m_henspeter]

@CrazyWeeMonkey The MachE GT slower than an Explorer is also a surprise.
Tires might explain the poor showing from the EVs vs. the hi-po gas SUVs.

[Michael E. Webber @MichaelEWebber]

This is bad for everyone, but especially the Mountain West.

[Visual Capitalist @VisualCap]

Mapped: Where Americans Use Claude AI the Most 🤖

https://t.co/1UETE69cNg