Chris Martenson
39K posts

Chris Martenson
@chrismartenson
I proudly stand for truth and common sense.







JUST IN: OIL PRICES FALL AFTER THE NEWS OF IRAN SENDING ITS LATEST CEASEFIRE PROPOSAL TO THE US VIA PAKISTAN


While the surviving IRGC Leaders are trapped like drowning rats in a sewage pipe, Iran’s creaking oil industry is starting to shut in production thanks to the U.S. BLOCKADE. Pumping will soon collapse. GASOLINE SHORTAGES IN IRAN NEXT!







U.S. LNG has gone from ~2% of Europe’s imports a decade ago to over 60% today. The President who deserves almost all of the credit is @realDonaldTrump. Thank God for the shale/fracking revolution and drill baby drill!











Chevron used to sell natural gas to chemical plants. Now they're building a 5-gigawatt gas power plant for Microsoft. A BTU burned for AI compute is worth more than a BTU cracked into ethylene. Google signed with Crusoe for 933 megawatts of gas power in North Texas. Meta expanded its Louisiana data center to 7.46 gigawatts with seven new gas plants. Devon Energy and Coterra merged for $58B to lock up gas feeding the AI Corridor. The US chemical industry runs on natural gas. Ethane cracked from gas is the feedstock for polyethylene and hundreds of downstream products. Cheap gas gave American chemical makers a cost advantage over every other country. Now chemical plants and data centers bid for the same BTUs. Gas turbine prices are up 195% since 2019, with six-year delivery backlogs. Natural gas prices are projected to rise 33% by end of 2027. We build chemical plants. Transformer prices are up 80% over the last four years. Our process turbine prices went up 4x last year because data centers got there first. Now they're coming for the gas.






