ENERGY

Oil prices ended higher today as traders weighed tightening physical supplies against financial markets that have remained under pressure.

Higher for longer rates weighed on the demand side of traders' minds while physical markets continue to show signs of strength amid refined-product shortages with Brent’s prompt spread strengthening to 95 cents in backwardation, hovering at three month highs.

Additionally, the ongoing tensions in the middle east are supporting prices. (more…)

Speaking this weekend at a Denver meeting of the American Association for the Advancement of Science, geologists heralded a coming, game-changing surge in mankind's harvesting of a resource long thought impractical to collect: naturally-occurring or "geologic hydrogen." 

The scientists provided a first look at the findings of an as-yet-unpublished study performed by the US Geological Survey (USGS). The key takeaway: naturally-occurring hydrogen is far more abundant (more…)

Authored by Devin Hartman via RealClear Wire,

Environmentalism has become a baffling paradox. The latest indication came when environmental activists convinced the Biden administration to halt exports of liquified natural gas (LNG) so the U.S. could meet climate goals. Left-leaning outlets labeled it a “win for political symbolism, not the climate”, while right-leaning experts called it “impulsive and destructive.” Both are correct. And both caught the scent of a much (more…)