Tim McCoy

[Pierre Andurand 🇺🇦🇫🇷🇪🇺🕊️ @AndurandPierre]

The oil market now reminds me of when prices were around $30 in March 2020. Plenty of people who never looked at oil were going long oil futures, not realising what could happen to the roll. A few weeks later prices traded negative, with a $50+ contango for WTI a day before expiry. They looked at oil futures like equity, not understanding the impact of futures roll. This time is similar, plenty of people shorting the oil market thinking the Strait of Hormuz will eventually reopen and things will go back to normal. Many are trying to call the top. Without realising they might have to roll their shorts at $30, $50, $70+ backwardation?

[Mark Wallace @wallaceme]

North Sea oil and gas:

[Bloomberg @business]

To understand what is at stake in the fight against the axis of China, Russia and Iran, just read "The Lord of the Rings," @nfergus writes https://t.co/CQFvWb82i0 via @opinion

[Cass Sunstein @CassSunstein]

A favorite quotation from Danny Kahneman: "Nothing in life is as important as you think it is when you are thinking about it." (Except Danny.)

[Tim McCoy @timbuck289]

Correct. Never forget such a pivotal dept is being led by this man… https://t.co/f94XTB8Ya2

[Nick Delehanty 🇮🇪 @Nick_Delehanty]

The Radical Green’s need to be stopped. 🛑

They won 5% of the vote but are making 95% of the decisions

The Shannon LNG terminal was a key infrastructure project to further Ireland’s energy sovereignty…

But planning permission was refused because of the radical Green agenda.

[M&L Capital (AIFM for Manchester & London IT Plc) @MLCapMan]

Its happening now

[Nick Delehanty 🇮🇪 @Nick_Delehanty]

🚗🚌  Solving Dublin’s Traffic Woes 🚌🚗

Its midterm break!
Schools are off which means A LOT less traffic. 🥳

But this seasonal respite only points to an un-ignorable truth:

If we want to solve Dublin’s congestion problems, we must solve the school run.

[Nuclear Hazelnut 👷🏻‍♀️ @NuclearHazelnut]

Most of the conversations that I have about nuclear energy, leads to the same question: “- but what about the waste? -What waste? -Well, you know, it remains highly hazardous for a long time and…”

Let me tell you 3 facts about nuclear spent fuel:

1️⃣ A nuclear power plant, supplying energy to a large city with millions of residents, consumes less than half a liter of uranium daily, resulting in less than half a liter of spent fuel produced each day. AND: About ~95% of this waste can be recycled, like France currently does.

2️⃣ No human has ever been harmed by nuclear waste. Contrary to common perception, spent nuclear fuel is in solid form, securely packaged in high-level waste containers (ultra-strong containers) designed to withstand extreme conditions and provide secure long-term storage for radioactive materials. Also, we have precise knowledge of its location and composition.

3️⃣ After ~300 years, the harmful radiation diminishes. Therefore, we store it in deep geological repositories. Finland's repository, Onkalo, is a notable example, with negligible environmental impact.

The 'waste problem' doesn't even require a solution; it's not a problem at all.

And remember: Are you actively advocating for saving the planet? Excellent idea! Construct more nuclear power plants. The more, the faster, the better.

This isn't an opinion; it's science.

[Niall Ferguson @nfergus]

As I told you in 2020: https://t.co/etdaxZrhUX

[Ryder Cup Europe @RyderCupEurope]

Rome wasn't built in a day. But it was conquered in three.

#TeamEurope | #RyderCup

[Ryder Cup Europe @RyderCupEurope]

EUROPE IS ON FIRE 🏆🇪🇺

#TeamEurope | #RyderCup

[Stuart Fraser @stu_fraser]

“Hats off for your bank account” is the chant to Patrick Cantlay on the 16th. What a scene. #RyderCup

[Javier Blas @JavierBlas]

So, at the end of the day, Jeff Currie wasn't too wrong.

Yes, Saudi cuts helped, obviously. But those offset surging Iranian flows. Meanwhile, oil demand is, as he predicted, booming -- everywhere.

#OOTT

[Alexander Stahel 🌻 @BurggrabenH]

Here is the plan:

Europe reduces Carbon Emissions by 1.65bnt til 2030. For that we may waste €20trn on zero productivity gains, risk our industrial base or get greenflation.

Meanwhile, Asia will add those 1.65bnt we save every other year, assuring CO2 increases globally.

[Kate Mackenzie @kmac]

One of the most interesting pieces I've read in the past few months, keep referring to it to people: https://t.co/inEp07XcDA

[Michael Pettis @michaelxpettis]

1/15
While Adam Posen correctly recognizes the problems the Chinese economy currently faces, his explanation of what has gone wrong, and what Beijing must do to revive the economy is, in my opinion, completely off the mark.

https://t.co/CHxcqE2wqH via @ForeignAffairs

[Equivest ⚒️💎 @equivest_explor]

Norwegian government opened the seabed for mineral exploration today.

Let's look at how "attractive" these deposits are.

Data vs media stories.

[Alexander Stahel 🌻 @BurggrabenH]

The West committed to eliminate its 30% of global CO2 emissions by 2050. Neither China nor India have such timelines. Unless the West decarbonises in synch with China & India, taxpayers in the USA, Europe or Japan will carry all of the cost but none of the benefits of net-zero.

[Michael Tan @TheManMikeTan]

Many of my startup friends see that I used to be an investment banker and have consequently asked me to explain to them what's going on with SVB as I would explain it to a 7 year old, so here goes: