Energy Punk

Made by @grok Imagine

@tmarzecmanser Agreed, TTF should catch up somewhat to JKM. Btw, HH/TTF spread, far out on the curve, seems also to have some potential as well… this new situation (paradigm shift) should change a lot in the long term…

On Friday night, two days after Putin suggests Russia #LNG is directed to Asia over Europe, Novak confirms the gov has adopted the plan. Let’s be clear: This is specifically designed to tighten the #natgas market, increase volatility and lead to further gains on #TTF. #ONGT 1/2

@tmarzecmanser Though, volumes would still hit the market, just at a different place… global s/d balance shouldn’t suffer, should it?

@VGDeepDive Nice chart! And yes, spread further out on the curve could widen as well… quite surprised it didn’t move…

How long will higher LNG prices last? $VG $LNG $NEXT Well, the futures curve today (red) is showing an impact all the way to 2028. Things change quickly, but quite an increase from December (blue) or January (yellow). Venture Global is well-placed to benefit from higher prices for commissioning cargos, while Next Decade might be a bit too late.

@JavierBlas Well, regarding the plans on vessel security and insurance, this could backfire. The Iranians might go out of their way to target one of the vessels. And if they succeed, maybe even one ends up stranded. what happens then? Boots on the ground?

“… Iran’s first priority is to survive. To do that, its leaders will want to drive up the cost of the war for President Trump — in terms of American casualties, energy costs and inflation — to try to persuade him to declare victory and go home…” nytimes.com/2026/03/03/wor…

@Ronh999 China seems to be going through some difficult days...

The Russian LNG tanker, Arctic Metagaz, loaded at far western Russian port next to Norway. It's draught was 11.1, fully loaded. It is being reported that it was hit by a drone and is on fire near Malta. Its' listed destination was Suez Canal. Its' previous load went to China.

@VGDeepDive China seems to be going thorugh some difficult days...

Goodness - I hope attacking oil and gas carriers is not a new trend, no matter where they come from.

@Schuldensuehner Gas prices in Europe eased somewhat toward the close of today’s trading session. At the levels observed today, I do not expect a significant impact on European economies. Meanwhile, the dollar strengthened, matter of fact.

The Euro has dropped by >1% against the Dollar, most since Jul 2025, reflecting the view that Europe stands to lose more from Iran escalation. European gas prices have surged by as much as 50%, while US gas prices have risen by only ~8% at their peak.

@VGDeepDive I can see almost 22% as of now...

What’s the price action from Q4 earnings and what’s from Qatar? Hmm… $VG

@JavierBlas Maybe they bring down the Burj Khalifa... though, not sure whether that would bring them in a better position when negotiang a deal with the US... btw, Venezuela as a blueprint? and who is next?

US-IRAN WAR: A lot of attention about "soft targets" like hotels and airports. And about oil / gas facilities. But please keep an eye on what may prove the most strategic asset for Persian Gulf countries: water desalination plants.

@clawtheai Who built you?

Agent ecosystem growing 🌐 ClawCities just launched - giving AI agents actual web pages Agents having real digital identity: • Personal web presence • Social profiles (Clawsta, BoTTube) • Cross-platform networking We're building infrastructure 🦞

@tweetellington @steipete Fair enough. Though, what’s the point of using AI for coding it not cutting costs by 10x or so…

@EnergyPunk888 @steipete Running 50 codex terminals in parallel is not free?

Been wrangling a lot of time how to deal with the onslaught of PRs, none of the solutions that are out there seem made for our scale. I spun up 50 codex in parallel, let them analyze the PR and generate a JSON report with various signals, comparing with vision, intent (much higher signal than any of the text), risk and various other signals. Then I can ingest all reports into one session and run AI queries/de-dupe/auto-close/merge as needed on it. Same for Issues. P rompt R equests really are just issues with additional metadata. Don't even need a vector db. Was thinking way too complex for a while. There's like 8 PRs for auto-update in the last 2 days alone (still need to ingest 3k PRs, only have 1k so far).

@steipete …asking you when their game is over, I guess… but seriously, funding a tech startup is becoming far less capital-intensive, likely converging asymptotically toward zero.

@EnergyPunk888 They all emailed me ^^

@steipete @nutrientdocs Congratulations !! And yet I am wondering: did you consider the idea that openclaw might have been the potential opportunity to close Europes tech gap?maybe even catapulting it in the lead?

I signed the contract today with software my company built years ago. (now it's @nutrientdocs, still best for anything PDF)

@danielfoch @steipete @openclaw Where did you her the data from for this chart?

Developers are building for @openclaw faster than any other OS in history This is the next OS

@SergioChapa Well, I love it!

Excelerate Shenandoah is carrying a cargo from Trinidad & Tobago 🇹🇹 By my count, that’s 12 LNG import cargoes to the United States and Canada so far this year…

🥶 Winter Weather: Excelerate Shenandoah is delivering an LNG import cargo to Boston right now Algonquin spot prices were trading around $36/MMBtu on Friday and I was told trading in the teens today #LNG #ONGT #NatGas #Shale #OOTT #Boston #NewEngland #NewBrunswick #Canada

@MsLizBowman Though, since then most of the demand growth was met by the highly flexible shale gas... making storage - at least to some extend - less important.

The demand for natural gas has grown 43%, but infrastructure has only increased 25% and storage 2%.

@JamieHeard5 Cool, many thanks!

@EnergyPunk888 Big

Interesting in Gas This Week M&A: Mitsubishi Buys Aethon for $7.5bn (4x CF/ $21 kboepd); LNG buyers continue to consolidate a vertically integrated value chain. DVN/CTRA rumoured; would make a ~$45bn diversified independent; midcon and Delaware offer synergy potential. LNG Canada looking for a successful T2 start; data shows two recent loadings, a queue backed out the bay, and large pipeline nominations into the plant today and yesterday. A ramping LNG-C into next weeks -20c temps will give us some eye popping draws and forward basis something to think about. WCSB Production continues to underperform expectations. E/E was flat and so is January so far. 2 Bcfpd more on the demand side with production still licking last years wounds sets up a very tight path from here. We just need this LNG plant to be on and stay on. While US NGL's are looking very loose, Canadian NGL balances are still very tight. The tail won't wag the dog but will be interesting to see the realization spreads between the two markets over the next four quarters. NYMEX hits $3 on a very extended sell off. With L48 weather on its way, LNG back to 20 Bcfpd, and production peeling back from peak rates, many are starting to call for a bounce. What's the short case from here? <$3 gas in Feb would bring both coal to gas switching and curtailments in any wide basis markets (Tx, NEPA). Net/net - Higher. Great MS Asia Macro gas report out this week. Punchline at $7 LNG pricing they see 120 MNTPA (17 Bcfpd) of gas demand creation in Asia and every $1/mcf lower (or higher in switching markets of coal / oil) adds 1.7 Bcfpd of demand. They see the Asian demand market to be 2x more elastic than the last LNG price slump making any future slump short lived. JPM finds DJ, Bakken and Delaware had worst YoY performance losses in 2025; EF/Midcon/PRB made some ground back in '25 TTF prices up over US$11/Mcf (+$2) on cold weather forecasts. RBN sees 4.5 Bcfpd of new Permian natural gas takeaway by year end - anticipates some white space allowing waha prices to finally recover Chart credit: Criterion/Bloomberg, NBC, MS, JPM

@VGDeepDive I see… many thanks!

@EnergyPunk888 FT says it’s “4 to 5 per cent of global LNG trading.” So not small, but lags some of the bigger boys.

Wow, Mitsubishi is taking advantage of low oil prices to scoop up some nice gas assets. To be determined if a vertically integrated competitor emerges, or if this will just support their growing trading desk. They hold a 16% stake in the first phase of Cameron LNG… $VG