Dan Tsubouchi
@Energy_Tidbits
Started the Sunday Energy Tidbits research memo in 1998 & still love everything energy. Energy powers the world! http://linkedin.com/in/dan-tsubouc…
Headline on Trump dumping on windmills are "the whole thing is a con job" "windmills will not come, it's not going to happen in the US." Trump supporter or not, he takes a straightforward view on windmills. "you need subsidy for wind. And energy should not need subsidy. With…
.@POTUS spits facts: "We will not allow a windmill to be built in the United States. They're killing us. They're killing the beauty of our scenery ... It's the most expensive form of energy. It's no good. They're made in China."
China trying to stop declining population! Introduced a nationwide childcare subsidy program starting in 2025 that will offer families 3,600 yuan (about 503 U.S. dollars) per year for each child under the age of three. The subsidies will be exempt from individual income tax and…
China's growing economic challenge is its shrinking and aging population. 3rd consecutive year of declining population -1.39 mm YoY to 1.408.28 mm at yr end 2024. 60 & older now 310.31 mm, or 22% of population. Thx @business #OOTT
As expected, no #Oil actions/changes come out of OPEC JMMC, which is Joint Ministerial Monitoring Committee. It monitors and does not set policy. #oott
EC statement on the US/EU deal. One direct energy item "we will replace Russian gas and oil with significant purchases of US LNG, oil and nuclear fuels". Suspect it's careful drafting on we will replace and doesn't say we will stop or eliminate Russian imports ie. they will…
Good morning! Key markets as of approx 5:30am MT on July 28. EU stocks up small post its US trade deal. This is a little spreadsheet I fill in the morning for a picture of key markets. #oott
Good read on why, even with some risks, Phillips 66 sees strong outlook for #Distillates. "distillate remains very strong... with lowest US inventories in decades... expect distillate margins to remain stronger through the end of the year....." Thx @business transcript. #oott
ICYMI. Baker Hughes CEO #Oil call. OPEC accelerates its 2.2 mmb/d oil return "into what we anticipate will be a soft market". Maintain an outlook for a high single-digit decline in global upstream spending in 2025. International, now see decline "toward the high-end of our…
Baker Hughes bullish #NatGas call. ".. a strong long-term outlook for the global energy and industrial landscape as customers increasingly prioritize efficiency, reliabilty and sustainability" "while we expect significant growth from renewables, scaling these technologies at…
Data center 101 - they need reliable 24/7 power. Baker Hughes sees data center #NatGas demand growth faster than expected. "The growing frequency of grid disruptions is prompting industries with critical operations to seek more reliable on-site power solutions. This shift is…
"Exclusive | China, US to extend tariff pause at Sweden talks by another 90 days: sources. Despite expected extension, insiders say trade talks unlikely to yield breakthroughs on specific issues though no escalations anticipated" reports @SCMPNews. #oott scmp.com/economy/china-…
Ukraine and its "Western handlers" rejected RUS proposals for a deal "First of all, it is necessary to settle the problem after all and we need to secure the fulfillment of the objectives assigned for the special military operation. It is preferable for us to achieve this by…
Trump announced EU trade deal. "Trump said that the deal imposes a 15% tariff on most European goods to the U.S., including cars. Some products, including aircrafts and their components, some chemicals and pharmaceuticals, will not be subject to tariffs, von der Leyen said in a…
Canadians avoiding Las Vegas. Las Vegas Harry Reid airport international arrivals for May. Air Canada arrivals: May: -17.8% MoM. -21.7% YoY. YTD May -9.1% YoY. WestJet arrivals. May -3.0% MoM. -34.6% YoY. YTD May -19.8% YoY. #oott
Mostly but not just Canadians avoiding going to Vegas. "Preliminary STR data indicates Las Vegas occupancy fell 14.9% in June, which, if actualized, would mark the city's deepest monthly decline so far this year" . "The weakness builds on concerning trends from May, the most…
Mostly but not just Canadians avoiding going to Vegas. "Preliminary STR data indicates Las Vegas occupancy fell 14.9% in June, which, if actualized, would mark the city's deepest monthly decline so far this year" . "The weakness builds on concerning trends from May, the most…