World Economic Fuck'em

We Didn't Just Get Expensive Electricity. We Built A System That Makes It Inevitable. Authored by William Murray via RealClearEnergy, Most Americans don’t think about electricity until the monthly bill arrives. It comes once a month, often quietly, but lately it’s landed like a thud. Heating your home now costs hundreds more a month than it did just a few years ago. You use the same appliances. You flip the same switches. Nothing in your daily life has changed – except the price. Why? When one looks inside the electricity system, the experience is...

Satellite Data Shows Iran Moving Crude Through Hormuz Chokepoint, Putting Kharg Island In Focus Ten days into the U.S.-Israeli Operation Epic Fury against Iran, which has forced shut-ins at major Gulf oil and gas facilities, disrupted production at key oil fields, sent stockpiles soaring, sparked a global energy crisis (Brent crude hit $119/bbl highs overnight) and severely disrupted commercial shipping through the Strait of Hormuz, the world's most critical energy chokepoint, new satellite imagery data from TankerTrackers, first cited by Bloomberg, suggests Tehran has recently moved substantial volumes of crude...