UK Wind Falls to 0.6 GW Over Weekend

The United Kingdom’s vaunted renewable energy fleet delivered a stark reality check over the recent weekend. Despite boasting approximately 32 GW of installed wind capacity—onshore and offshore combined—actual output plummeted to just 0.6 GW, less than 2% of nameplate capacity. This collapse occurred overnight, when solar generation was zero, leaving Britain functionally reliant on dispatchable […]

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Ireland Doubles Down on Energy Dependency by Boosting Interconnections with Spain and UK

Ireland has taken another step toward deeper integration with its European neighbors’ electricity grids, signing memorandums of understanding (MoUs) with Spain and the UK to expand interconnection capacity. While officials frame these deals as advances in “energy security” and renewable integration, a closer look at the data reveals a different story: Ireland is doubling down […]

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Demand Destruction is on the Horizon with a Billion-Barrel Hormuz Oil Shock About to Send Prices Up

As the Iran war enters its third month, the world is staring down the barrel of the largest oil supply disruption in history. The Strait of Hormuz—the chokepoint for roughly one-fifth of global petroleum trade—has been effectively closed to most non-Iranian shipping since early March 2026. Bloomberg’s latest analysis warns that the resulting “billion-barrel oil […]

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Goldman Sachs Says Oil Price Shocks Are Looming: Global Diesel, Gasoline, and Refined Products Crisis Unfolds with Rationing Timelines by Region

As the Iran war enters its fifth week and the Strait of Hormuz remains effectively closed, Goldman Sachs has issued a stark warning in its April 2026 report titled “Are We Running Out of Oil?” The bank’s analysts, led by Yulia Zhestkova Grigsby, conclude that the world is indeed facing acute physical shortages of crude […]

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