Solar Tops Coal In US Power Mix For The First Month Ever

When it comes to foreign policy, what matters are powerful interest groups. The ordinary voters who pay all the bills don't matter. The interest groups pushing for pro-Israel wars in the Middle East are especially powerful.

Why Hasn't Oil Hit $150 (Yet)? Authored by Robert Rapier via OilPrice.com, Global oil inventories and floating storage have acted as temporary shock absorbers against the Hormuz disruption. OPEC spare capacity has stabilized markets, but it cannot fully replace lost Persian Gulf exports indefinitely. Prolonged disruption could eventually exhaust market buffers and trigger a much sharper oil price surge. I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz, oil would be trading at just over $100 a barrel. I...

Tune In To Tonight's Fertilizer Debate: How Bad Will It Get? As we covered earlier this week, Goldman Sachs analysts now say the fertilizer disruption is larger than expected, with nitrogen markets taking the brunt. Urea prices have risen 50% to 70% since the conflict began. Goldman’s Duffy Fischer wrote that “nitrogen fertilizer is the most impacted chemical chain,” adding that the scale of disruption is “greater than we originally expected.” And signs of improvement have yet to reveal themselves… As the U.S.–Iran conflict enters its seventh week, ZeroHedge, in partnership with...