Tag: vaccination

Best in Energy – 12 May 2022

South Africa’s coal and a just energy transition

U.K. economy on the cusp of a recession

U.S. East Coast hit by local jet fuel shortage

U.S. West Coast ports start pay talks ($WSJ)

China’s top leaders jockey for position ($WSJ)

China calls for elderly to get vaccinated (trans.)

U.K. REAL GDP declined in both February and March, a sign growth was stalling even before the rise in utility prices and payroll taxes took effect in April:

TEXAS power consumption has surged to a near-record as the state is hit by a sustained period of much higher than normal temperatures for the time of year:

U.S. PETROLEUM inventories increased by +3 million bbl to 1,699 million bbl last week (SPR crude  -7 million; commercial crude  +8 million; gasoline  -4 million; distillate  -1 million; and jet  +2 million):

U.S. DISTILLATE inventories fell -1 million bbl to 104 million bbl. Distillate availability shows no improvement but it is not deteriorating either at present:

U.S. GASOLINE inventories depleted by -4 million bbl to 225 million bbl last week, the lowest for the time of year since 2014, as distillate shortages bleed across into gasoline:

Best in Energy – 28 April 2022

India cuts electricity to industrial users

EU importers to pay for gas in roubles ($FT)

China’s major problem with vaccines ($BBG)

Poland/Bulgaria alternatives to Russian gas

Automakers revert to vertical integration

China’s passenger rail traffic down (trans.)

U.S. gas production areas

INDIA’s electricity consumption climbed to a record of more than 201,000 megawatts at the peak on April 26. But grid stability is deteriorating with average frequency trending lower and prolonged under-frequency excursions pointing to insufficient generation. Frequency is now so low for so much of the day controllers no longer appear to be trying to maintain it close to 50.0 Hz and have instead accepted a lower frequency as normal. States have begun to restrict supplies to industrial users during peak hours to maintain stability and reduce the risk of a cascading failure:

U.S. PETROLEUM inventories fell by -2 million bbl to 1,697 million bbl last week and are now down by -421 million bbl since the start of July 2020:

U.S. DISTILLATE inventories fell -1 million bbl to just 107 million bbl last week, the lowest seasonal level since 2008:

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