Energy and Capital Archives

The 144-Year Lesson Big Tech Still Hasn’t Learned

Written by Keith Kohl
Posted May 31, 2026

Just about 144 years ago, Thomas Edison threw a switch in a brick building on Pearl Street in lower Manhattan and changed the trajectory of our society forever...

The Billion Dollar Oil Question: What Comes Next?

Written by Keith Kohl
Posted May 28, 2026

When the Strait of Hormuz eventually fully reopens some time in 2027 (cross your fingers), the demand rebound from China and India alone is going to slam into an inventory system that'll be running...

Everyone’s Watching Oil and Ignoring This Energy Crisis

Written by Keith Kohl
Posted May 27, 2026

Everyone's talking about oil markets, but in the end it'll be the power crisis that'll get us. By the time the market prices it in, the easy gains will already be taken...

Trump’s Critical Mineral Reckoning

Written by Keith Kohl
Posted May 25, 2026

A year before the Civil War ended at Appomattox Court House on April 9, 1865, the Confederate States of America had a problem that most modern Americans have never thought about.

Before Bitcoin, There Was Yap

Written by Keith Kohl
Posted May 24, 2026

The first distributed ledger was carved from limestone six hundred years ago on a tiny island in the western Pacific. A fleet of dugout canoes pulled into a cove towing what had to be the most...

The Largest Oil Draw in 44 Years (And Why Next Week Will Be Worse)

Written by Keith Kohl
Posted May 21, 2026

I've been telling you since the first bombs fell that there would be a point of no return in this conflict — the point at which the supply damage is already baked into future oil flows. But...

Google’s $2 Billion Bet to Solve Big Pharma’s 10^60 Problem

Written by Keith Kohl
Posted May 20, 2026

Count to 10^60. You can't. Don’t worry, there’s nothing wrong with you. Truth is, nobody can. We’re talking about a number with 60 zeros! To put a little perspective on this number, it’s...

China's Favorite Spot to Buy Oil (Spoiler: Not Iran)

Written by Keith Kohl
Posted May 18, 2026

You’ve never heard of the name J. Howard Pew before. Don’t worry, you’re not alone. Truth is, most people haven’t. Back in 1967, he ran a little company named Sun oil, but you may recognize...

Big Tech's Biggest Energy Bet

Written by Keith Kohl
Posted May 17, 2026

Magic was in the air the morning that Anthony Lucas' drilling crew was working a rotary rig four miles south of Beaumont, Texas. It may not have felt special at the time. After all, his team had...

The Gold War: Russia Bleeds, China Hoards

Written by Keith Kohl
Posted May 14, 2026

Last month, two of the world's largest holders of gold did the exact opposite thing. First, we saw the People's Bank of China take delivery of over 7 tonnes of gold bullion. For the record, that was...

Souki's Revenge: The Year U.S. LNG Became Priceless

Written by Keith Kohl
Posted May 13, 2026

Wall Street called him crazy for betting on U.S. LNG, but the Iran war just made him an energy prophet.

The Four Light Bulbs Saving AI

Written by Keith Kohl
Posted May 11, 2026

While everyone watches the precarious state of energy prices in the wake of the Third Gulf War, a different energy crisis snuck up the back stairs of the American grid...