Lithium Archives - Michaels Energy

Jun 14

Energy Inflation and Resetting the Dislocated Shoulder

By Jeff Ihnen Energy Rant No Comments

As of last week, year-to-date energy prices are up 58% for NYMEX crude oil, 91% for NYMEX gasoline, and only 39% for retail gasoline. Retail prices seem to have a long way to climb as the high NYMEX prices make their way to the local gasoline pump. This week we look at how inflation is hitting our industry of efficiency and electrification and what might lie ahead. Let’s start with one-year price changes for a basket of commodities and roll forward with that. Diesel Fuel is Food Diesel fuel is used to transport seed, chemicals, fertilizers, and equipment to the…

Jan 13

Love0

Lithium is Not Nirvana

By Jeff Ihnen Energy Rant No Comments

I am typically afforded the freedom to chase rabbits as I write these posts, but last week my mission was to reflect on 2020 and forecast 2021. In the process of starting that, I chased a rabbit that is the subject of this post. It is as easy to shoot down ideas as it is to be negative because humans have a negativity bias, which means negative events have a greater impact on brains than positive ones. For example, I recently read that the joy of finding $20 in a coat pocket, say from a year ago, is overwhelmed by…