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Home2025May

Month: May 2025

US LNG exports
Exports

US LNG exports climb to 30 cargoes

May 2, 2025 Clark Savage

EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 115 Bcf. This compares to 27 shipments and 102 Bcf in the week ending April […]

Balance Sheet
Finance

Fed Balance Sheet QT: -$14 Billion in April, -$2.26 Trillion from Peak, to $6.71 Trillion, Lowest since April 2020

May 1, 2025 Clark Savage

Quantitative Tightening has shed 25.2% of total assets. The Assets-to-GDP ratio declined to 22.4%, first seen in 2013. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet declined by $14 billion in April, to […]

Iran
Crude Oil News

Who is buying Iranian oil, and how will the Trump Secondary Tariff impact trade?

May 1, 2025 Clark Savage

This is a huge story. President Trump posted on Truth Social the following: Trump on Iranian Oil: stop buying it NOW pic.twitter.com/9CIBhVNjLD — Josh Young (@Josh_Young_1) May 1, 2025 First, let’s look into who is […]

ENB Podcast

Why the Lights Went Out in Spain, Portugal and France

May 1, 2025 Clark Savage

Robert Bryce stops by the Energy News Beat and The Energy Question podcasts to discuss the energy crisis, blackouts, and their causes in Spain. This is a huge warning sign for the grid operators and […]

LNG carrier
Imports

Croatian FSRU welcomes first Moss-type LNG carrier

May 1, 2025 Clark Savage

The 2004-built 145,445-cbm LNG carrier, Lalla Fatma N’Soumer, owned by Sonatrach’s Hyproc Shipping, delivered the cargo to the 140,000-cbm FSRU on May 1, according to state-owned LNG Croatia. Lalla Fatma N’Soumer’s AIS data shows the LNG […]

Climate Crisis

Pay To Play: Hawaii Proposes ‘Vacation’ Tax Hike To Fund Climate Change Projects

May 1, 2025 Stu Turley

ENB Pub Note: The Democratic supermajority in Hawaii is going to be a case study on what not to do. Their energy and fiscal policies are some of the worst in the world. We will […]

Exports

Freeport LNG working to return third tank to service

May 1, 2025 Clark Savage

Following the incident in 2022, Freeport received approval from FERC for commercial operations of Phase 1, which includes all three liquefaction trains, LNG storage tanks 1 and 2, and dock 1, in February 2023. Thereafter, […]

Delinquency Rate
Finance

Now the Multifamily CMBS Delinquency Rate Begins to Spike, while Office Delinquencies Re-Spike to Financial Crisis Peak

May 1, 2025 Stu Turley

The CRE meltdown just doesn’t let up. By Wolf Richter for WOLF STREET. Delinquencies of office mortgages that were securitized into commercial mortgage-backed securities (CMBS) have been in the red-hot zone since mid-2023 and in December 2024 hit […]

Climate Crisis

The Spain And Portugal Blackout: A Warning From The Future Of ‘Green’ Energy

May 1, 2025 Stu Turley

Spain and Portugal’s blackout wasn’t caused by natural disasters; it was driven by a dangerously unstable reliance on renewable energy. ​In April 28, 2025, a catastrophic power outage plunged millions of people in Spain and […]

coal power abroad
BRICS

China Breaks Pledge To Stop Building Coal Power Plants Abroad

May 1, 2025 Stu Turley

ENB Pub Note: Although this story from OilPrice.com suggests it is detrimental to the emerging markets. This could be a great thing for the United States, and if we exported our energy as a service, […]

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