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Peek Oil

We get glimpses of before-during-after all the time now; ‘news’ exists in a meta-only form, wherein we have to read many things at once to understand any one thing. Many lines are required to have enough to read between, natch.

One current example: There’s too much oil: winners and losers.

Okay, sure.

This year is set to culminate in the first major glut since 2020. The International Energy Agency forecast in November that global supply will outweigh demand by 2.4 million barrels a day, and expects the gap to expand to a record 4 million barrels a day next year.
Sustained lower prices will put pressure on governments and businesses that are dependent on oil revenue, while others stand to benefit.
Not sure what the N is on gluts since we launched this fine establishment, but many there have been. And winners and losers, sure. Quick story, but put this at the bottom:
Road transport is the biggest source of oil demand. Consumers are used to a certain amount of volatility in fuel prices, but a prolonged reduction could make them less inclined to switch to an electric vehicle. That said, in areas where there are high taxes on diesel and gasoline, such as Europe and California, there could be limited relief at the pump from lower oil prices.
The buildout of clean power sources is less likely to be impacted by a crude surplus. In most regions, other than places such as the Middle East, renewables are usually competing against coal and natural gas for utility-scale electricity generation rather than oil.
Just so. Now, couple that with the new Cop30 deal, like each prior deal always a crowd-displeaser. Big, air-tight solutions remain just out of reach to stave off the ravages of climate breakdown. Yes, but. Hints and allegations find their way into the language of the most earnest until they are just sitting right there:

Teresa Anderson, the global lead on climate justice at ActionAid International, said: “A lack of climate finance is throwing a spanner in the works of climate progress. Global south countries, [which] are already carrying the costs of the climate crisis they have not caused, desperately need support from rich countries if they are to take on any more commitments. Nowhere was this more stark than on the issue of fossil fuels, where specific text once again ended up unfunded and on the cutting-room floor.”

Nikki Reisch, from the Center for International Environmental Law, said: “This is an empty deal. Cop30 provides a stark reminder that the answers to the climate crisis do not lie inside the climate talks – they lie with the people and movements leading the way toward a just, equitable, fossil-free future.”

Okay, part the last, for now. What has been going on for a year now in the Republic of Georgia:

Some footage from today’s protest march. Georgian citizens are demanding that the parliamentary elections, allegedly rigged in 2024, be rerun and that all political prisoners be released.

#GeorgiaProtests
Day 369

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— Publika.ge (@publikage.bsky.social) December 1, 2025 at 1:36 PM

Bottom up. People and movements. There is no they.

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Meanwhile

Back on the clean energy front – which is all across the world, just not within the borders of its remaining superpower®:

Also, bonus track: the proper pronunciation of TanZAHNia.