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Posts by Georg Zachmann

The most frustrating aspect of all this is, that we have no firm data basis to discuss this:
-EC says, nothing to worry about
- IEA says, we only have six weeks of jet fuel left

18 hours ago 4 0 0 1
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Could a more strategic, multi-year approach to Ukraine’s energy system eventually prove more cost-effective than the current cycle of annual patches?

www.linkedin.com/posts/green-...

4 days ago 0 0 0 0

Spannende ökonomische Fragen zur neuen 12-Uhr-Regel bei Spritpreisen, aber die Forschung muss draußen bleiben.⛽️📉

Das Bundeskartellamt ist nur verpflichtet Daten an Apps weiterzugeben. Die Apps würden für die öff. Daten jetzt sicher Geld wollen oder ans BKartA verweisen.
#Transparenz #EconTwitter

4 days ago 2 2 0 0
BBC News article headline warning about potential jet fuel shortages in next six weeks

BBC News article headline warning about potential jet fuel shortages in next six weeks

A Ryanair digital advertisement for flights before 30th June 2026 starting from 15 GBP.

A Ryanair digital advertisement for flights before 30th June 2026 starting from 15 GBP.

There is possibly good commercial reasons (eg, to fill empty flights that are anyway scheduled) but it still sounds surreal.

4 days ago 10 2 1 1

Very useful comparative oil shock data viz.

5 days ago 54 22 0 1

Boring! The Pharaohs managed a powerful fusion reactor in space already thousands of years ago.

5 days ago 6 1 1 0

As Luther said (on the context of the "Lutherans"):
"In the first place, I ask that men make no reference to my name... How then should I—poor stinking maggot-fodder that I am—come to have men call the children of Christ by my wretched name? Not so, my dear friends; let us abolish all party names'"

6 days ago 3 0 0 0
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For me, the most interesting statistics is the change in oil production by OPEC (here my calculation of monthly percentage changes based on secondary sources).

It shows were the pain might be felt most (but remember that oil prices at the same time increased by maybe 40%):

1 week ago 9 5 2 0
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Stahlproduktion mit Wasserstoff: Erzreduktion im Industriemaßstab gelungen Die Stahlproduktion zu dekarbonisieren, ist ein wichtiger Schritt hin zu klimaneutralem Wirtschaften. In Namibia wurde nun ein Meilenstein erreicht.

New steel value chain in the making?

Iron ore from AUSTRALIA;
Energy from the SUN + desali'd water from the OCEAN (that will largely circulate in a closed loop)
-> to produce Hydrogen in NAMIBIA
-> to produce DRI for GERMANY

In April first 80t produced (later 15kt/a)

www.heise.de/news/Stahlpr...

1 week ago 16 8 0 0

Now the opec numbers suggest, that in March only the production of Iraq, Kuwait and Bahrain declined by more than 50%. For Saudi Arabia it was even less than 25% (140% of 77% is 107%).

1 week ago 0 0 0 0
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Stahlproduktion mit Wasserstoff: Erzreduktion im Industriemaßstab gelungen Die Stahlproduktion zu dekarbonisieren, ist ein wichtiger Schritt hin zu klimaneutralem Wirtschaften. In Namibia wurde nun ein Meilenstein erreicht.

New steel value chain in the making?

Iron ore from AUSTRALIA;
Energy from the SUN + desali'd water from the OCEAN (that will largely circulate in a closed loop)
-> to produce Hydrogen in NAMIBIA
-> to produce DRI for GERMANY

In April first 80t produced (later 15kt/a)

www.heise.de/news/Stahlpr...

1 week ago 16 8 0 0
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Monthly Oil Market Report

here is the link to the report: www.opec.org/monthly-oil-...

1 week ago 3 1 0 0
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For me, the most interesting statistics is the change in oil production by OPEC (here my calculation of monthly percentage changes based on secondary sources).

It shows were the pain might be felt most (but remember that oil prices at the same time increased by maybe 40%):

1 week ago 9 5 2 0
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A further result of the crisis - that implies even higher oil prices is that also tanker fright rates also drastically increased.

1 week ago 3 1 1 0
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Only gasoline prices in the US increased more than in the EU - all other product prices in the EU increased more than those in the US. And especially Kerosene (+95%) and Diesel (+71%) prices increased drastically in the EU.

1 week ago 7 2 1 0
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Refining margins also went up drastically - i.e., products prices increased much more than oil prices.

1 week ago 4 1 1 1
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So far, in March well-counts in the US (an indicator for production investments) still went down substantially. [other production data in the April MOMR is still from before March]

1 week ago 2 1 1 0
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All relevant energy import prices for EU (coal, gas, oil) affected – while those for the US much less so (GZ: probably same for electricity prices).

1 week ago 2 1 1 0
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Price increase for middle East oil types (+>50%) twice as high as that of US oil (WTI +27%)

1 week ago 3 2 1 0
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Drastic reduction in non-OECD refinery intake in March (-6%) shows were the physical supply shortage impact hit most.

1 week ago 9 2 1 1
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Today OPEC released its Monthly Oil Market Report MOMR:
- Very cautious language - “Iran” and “Hormuz” not mentioned at all in the text
- A lot of analysis still reflects data till February – which for oil-related numbers was a different regime
- Still some numbers I found interesting:

1 week ago 5 2 1 0
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Hungary’s new beginning – under tight fiscal constraints The long-awaited change of government gives Hungary an opportunity to tackle tough economic and social challenges while re-aligning with Europe

www.bruegel.org/first-glance...

1 week ago 2 1 0 0

DE temporarily cuts gasoline & diesel taxes:
-expensive
-not really progressive
-mutes oil-saving incentives
-encourages other countries to do the same
-resulting lack of demand response leads to higher oil prices

Why are more sophisticated solutions deemed infeasible, politically/administratively?

1 week ago 34 12 5 2
Writing for the Press / Opinion Pieces (in German)

What makes a strong opinion article? What interests readers about your research? And how can complex academic findings become a clear and relevant public message?

May 6 and 13, 2026
with Christine Prußky (journalist)

- interactive sessions
- explore opportunities and limits of AI tools in writing
- discuss example texts
- work on your own article – with the goal of leaving the training with a text that is “fit to print”

Writing for the Press / Opinion Pieces (in German) What makes a strong opinion article? What interests readers about your research? And how can complex academic findings become a clear and relevant public message? May 6 and 13, 2026 with Christine Prußky (journalist) - interactive sessions - explore opportunities and limits of AI tools in writing - discuss example texts - work on your own article – with the goal of leaving the training with a text that is “fit to print”

📢 Spots still available!

Turn your research into a compelling opinion piece.
Join our workshop “Writing for the Press” (in German), May 6 & 13, @humboldtuni.bsky.social.

Register by April 30 (max. 12 spots).
🔗 berlinschoolofeconomics.de/event-detail...

#sciencecommunication #mediatraining

1 week ago 2 4 0 0
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The official National Election Office (Nemzeti Választási Iroda) portal displays Hungarian election results and data as they come in:
vtr.valasztas.hu/ogy2026

1 week ago 15 2 0 0

ATTACK on a pylon on the electricity line that supplied one pumping station of the Transalpine oil pipeline (TAL) on March 25th forced this STRATEGIC PIPELINE (one of very few alternatives to the Russian Druzhba-system to supply CZ, AT & Southwest Germany) to be offline for three days.

1 week ago 6 3 0 0

Can't agree more

1 week ago 4 1 0 0
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As @tagliapietra.bsky.social, @bmcwilliams.bsky.social and me wrote during the last energy crisis: We really need to solve Europe's energy data problem.

www.bruegel.org/policy-brief... 4/4

1 week ago 12 2 0 0

For EU think tankers &academics, this lack of timely data makes commenting on the quickly moving crisis very hard.

For politicians it is worse. They need to take decisions on fuel subsidies, stock releases or foreign policy very quickly. And they have little data or good discourse to build on.
3/4

1 week ago 7 1 1 0
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In the EU (and many member states):
- refinery data is available till 7/2023 at Eurostat,
- import/export data comes from a different, inconsistent source (COMEXT) until 12/2023,
- fuel prices are at the DG ENER website, but other products and crude are not
...
2/4

1 week ago 8 0 1 0