Sources of Power
All of which goes on to explain why the air quality in China and India is so gross:

Anatomy of a Screwup
Oil Escalated Quickly, So What Now?
In my last post on oil on Tuesday 3rd March I was laying out the very bullish scenario on oil that had been forming since a series of falling wedges from the 2022 highs on light crude, heating oil and gasoline broke up in June 2025.
The large bottoming patterns on heating oil and gasoline had already started to break up when I wrote that post, and by Sunday night the double bottom on light crude had also broken up, and all of those bottoming patterns had reached target. So what now?
Well, I’ve been doing a lot of reading on the Iran conflict over the last few days, and it’s hard to say how long this war might last.
(more…)I’ve Never Been More Right
Longer-term readers may recall that last summer I frequently alluded to an absolutely insane experience which I simply called The Tale. Surely after all the hints I’ve dropped, you’ve put the pieces together, but it all kicked off due to this event from last June:

