Italy’s Giorgia Meloni attempts political reset after referendum defeat

Facing voter backlash and an energy-driven economic squeeze, the prime minister is recalibrating her ties with Washington

POLITICO

𝗢𝗳𝗴𝗲𝗺 energy price cap for April 2026 sits at approximately £𝟭,𝟲𝟰𝟭 per year for a typical household - still a staggering 𝟯𝟱% higher than pre-crisis levels in 2021!
-> But 𝗠𝗣𝘀 are still 𝘤𝘭𝘢𝘪𝘮𝘪𝘯𝘨 their bills on expenses?

#EnergyCrisis #CostOfLivingCrisis

#oil people: 'how do you mean "turn it back on?" let me make my sophistry ass calculation of a two phase flow through a porous medium, then i can eventually tell you when it will be "back on" (if geology doesn't hate me).'

#solar panel owner: *flips switch*

#energycrisis #oil #renewables #energytransition

RE: https://discuss.systems/@kali/116366832718648198

problems you do not have with a fucking solar panel. ijs. #renewables #energycrisis

tldr; : basically the flow to an oil well is to a little extend engineered, a dynamic flow regime underground. when you stop that it all comes to a halt. now. as far as i understand it, after settling, water and oil behave very different on restart than they have in that somewhat engineered flow regime and in some formations water flows faster to the well than the oil, "short circuiting" it, and they might have to flow back all that water before getting any oil out of the ground.

#iran #oil #energycrisis

also this has been rumored as a problem by the usual suspect. idk. i mean i trust the GCC to know how to restart an oil field? but it could take time.

https://jpt.spe.org/reservoir-commentary-potential-implications-long-term-shut-ins-reservoir#:~:text=Water%20Encroachment.,3.

#iran #oil #energycrisis

Reservoir Commentary: Potential Implications of Long-Term Shut-Ins on Reservoir

New commentary from the SPE Reservoir Advisory Committee (RAC) provides key high-level insights on the potential consequences of long-term shut-ins on conventional and unconventional reservoirs.

JPT

RE: https://discuss.systems/@kali/116366419795104103

this is a good example of how a large stock in a #system always represents a delay. the tanks are filled with 120$ oil for now. it takes time for that stock to empty. and they are unlikely to joyfully refine that oil into a falling market. meaning prices at the pump don't react to falling oil prices immediately. this state, where a system is still reacting on old information is called hysteresis.

#energy #energycrisis #systems #systemsthinking #oil

Fuel Shortages Expose Economic Triage Priorities

When fuel supplies dwindle, governments face a tough decision: do they prioritize comfort or economic stability? Rationing fuel based on economic capability can help prevent wider system failures, but prioritizing comfort can undermine resilience.

https://osintsights.com/fuel-shortages-expose-economic-triage-priorities

#EconomicResilience #FuelRationing #Australia #EnergyCrisis #SupplyChainResilience

Fuel Shortages Expose Economic Triage Priorities

Discover how fuel shortages reveal economic triage priorities and learn why governments must ration fuel based on economic capability, not comfort - read now to understand the impact.

OSINTSights

6 things Australia should do to tackle the energy crisis rather than just building bigger fuel reserves
https://theconversation.com/6-things-australia-should-do-to-tackle-the-energy-crisis-rather-than-just-building-bigger-fuel-reserves-280030

#auspol #EnergyCrisis #EVTransport #CommunityEnergyStorage

Time for the Albanese government to be brave.
Plan and implement an enduring renewables powered Light On The Hill.

6 things Australia should do to tackle the energy crisis rather than just building bigger fuel reserves

The government’s response to the fuel crisis has been to reassure us normality will resume. Amid global uncertainty, that’s not enough.

The Conversation