Quote of the day: Pelé: “Success is no accident. It is hard work, perseverance, learning, studying, sacrifice, and most of all, love of what you are doing or learning to do.”

Energy Transition
Paul Sankey

Happy Hour Halff: Empty, Not Halff Full

We enjoyed the hour with Antoine Halff, I do love the French. We were both at the IEA, Paris me manque. Antoine is a Parisian. His IEA role had massively more distinction than mine, I was a humble entry level “B3” (associate, I think I rose to “B5”), he was in charge of the Oil Market Report (Monthly OMR), which is truly a hugely important global oil periodical. Although he describes the OMR as more

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Energy Transition
Paul Sankey

Just Peachy: Happy Hour Halff and Diesel

Your correspondent – me – was cursing blue murder yesterday as rumours broke of a White House ban on diesel exports. I was just getting my note, on valuation of refiners based on replacement value, to completion, and, well, it rang one of those bell-gong lines that live in my head, that I shared with you last week. Major oil investor comment: “Diesel export ban? If there is a real shortage it’s inevitable”. Real shortage?

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