Hormuz Deadline Expires, Diesel Crack Tops $102, Meta Wants 10 Gas Plants | BDE 08.18.26
The sixty day clock on the Islamabad MOU ran out and nobody blinked, so Hormuz is still a coin flip and the diesel crack just printed 102 dollars, bigger than the price of crude itself. Kirk, Chuck, and Mark get into why nobody will build a refinery, how FedEx surcharges quietly lock in higher prices, and whether Meta and Entergy are about to hand Louisiana ratepayers a very long bill. Plus live questions from the Collide audience and a heartfelt sendoff for OJ Brigance.
Click here to watch a video of this episode.
00:00 Flock of Seagulls and concert stories
Click here to watch a video of this episode.
Join the conversation shaping the future of energy.
Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward.
Apply today at collide.io
Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward.
Apply today at collide.io
00:00 Flock of Seagulls and concert stories
04:31 Hormuz deadline passes with no deal
08:43 Blaming the IEA for tight refining
12:16 Diesel crack spread hits a record
18:02 Fuel surcharges and the inflation ratchet
24:21 Meta, Entergy, and ten new gas plants
29:06 The case for behind the meter power
31:42 Capacity offline and the water question
37:29 Why nobody is building a refinery
41:50 OPEC unwind and closing tributes
https://twitter.com/collide_ai
https://www.tiktok.com/@collide.io
https://www.facebook.com/collide.io
https://www.instagram.com/collide.io
https://www.youtube.com/@collide_io
https://bsky.app/profile/collide-ai.bsky.social
https://www.linkedin.com/company/collideai
