The cost of transporting crude oil by the world’s largest oil tankers has reached extraordinary levels. On the benchmark TD3C route — a 270,000-metric-ton Very Large Crude Carrier (VLCC) traveling from the Middle East Gulf to China — daily time-charter-equivalent (TCE) earnings have surged from roughly $16,000/day in 2020 to more than $1.2 million/day in […]
Category Archives: Business
Oil Shipping Costs Explode: From ~$16,000 to More Than $1.2 Million a Day
Plug-And-Play Solar
Plug-and-play solar is becoming available around the world—and it could make solar power dramatically simpler and more accessible. Plug-and-play solar is part of the emerging clean energy economy. Unlike conventional rooftop solar, these small systems can be installed with minimal equipment and, where permitted, connected directly to an existing electrical outlet. That makes solar potentially […]
Residential Solar Power
Traditional Solar Installations I’m generally against rooftop solar, particularly in the U.S. Much of the residential market is based on leased systems, which can be detrimental to the homeowner, especially when the home is eventually sold. In general, I also recommend putting a new roof on before installing solar. Otherwise, replacing the roof later can […]
Clean Energy Economy
by Daniel Brouse THE ENERGY IS ALREADY THERE.THE CLEAN ENERGY ECONOMY HARVESTS IT. Tonight’s homework assignment: Clean Energy Economy. Energy cannot be created or destroyed. But it can be harnessed, converted, stored, transmitted, and used. The sun is already delivering enormous amounts of energy to Earth. The atmosphere is already moving. Winds are already blowing. […]
The Crack Spread: A Dramatic Shift in Refining Margins
The price difference between a refined petroleum product—such as gasoline or diesel—and the crude oil used to produce it is known as the crack spread. It is a widely used measure of refining margins and provides a useful way to examine how the relationship between crude oil costs and finished-fuel prices changes over time. Key […]
Climate Debt Collection
What happens when we miss the 1.5°C Paris target? Think of it like owing money to a loan shark. The debt doesn’t wait decades to be collected. Our fingers are being broken now.Our kneecaps are next. One of the biggest challenges in communicating climate change is proximity—both in time and location. If the consequences seem […]
About the Price of Oil: The Price You Don’t See
What Does a Barrel of Oil Cost—and What Does It Mean to You? When you hear the price of oil reported on the news, you are usually hearing the futures price. But what does that number actually mean? The futures price is essentially a “paper” price. Very little physical oil actually changes hands through the […]
Inflation Is Moving From Diesel to the Consumer
esterday brought the latest Producer Price Index (PPI) measure of inflation. Today, the focus shifts to consumer inflation. The U.S. Bureau of Labor Statistics released the August 2026 Consumer Price Index (CPI) report, showing headline consumer inflation rising 0.4% in August on a seasonally adjusted basis and increasing 3.4% over the past 12 months. Core […]
Inflation’s Fiscal Engine: How Government Spending Keeps Price Pressures Alive
How Fiscal Policy Is Becoming a Driving Force of Inflation The U.S. Bureau of Labor Statistics (BLS) released its August 2026 Producer Price Index (PPI) report on September 10, revealing a renewed acceleration in wholesale prices. According to the report, headline PPI rose 0.4 percent month over month and climbed 5.4 percent over the year, […]
How Is Climate Energy Hitting You? Nicolas Cage: Whole Sinkhole
by Daniel Brouse Coastal Erosion, Property Loss & the Uninsurable Coast Nicolas Cage: Whole Sinkhole On September 8, 2026, severe coastal erosion and high surf triggered by the aftermath of Hurricane Marie caused the driveway of Nicolas Cage’s $10.5 million beachfront mansion to completely collapse. The resulting crater expanded to roughly 30 by 60 feet […]