By Paul Sankey
Published on November 11, 2026 at 8:08 PM
I Have a Rendezvous with Death By Alan Seeger. When World War I broke out in 1914, Seeger enlisted in the French Foreign Legion – which has a reputation for absolutely the toughest, non-French (no questions asked) paratroopers. He joined “out of a romantic and idealistic devotion to France”. Seeger – same family as folk legend Pete Seeger – fought on the Western Front and was killed in action at age 28 on July 4, …
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By Paul Sankey
Published on February 1, 2026 at 7:29 PM
Brrr, It’s absolutely freezing here in New York city, the ruddy East River has only frozen (see above) and the streets are a bleached hellscape of black-iced pavements walled by dirty ice-snow piles topped with backed up garbage and passing dogs. Everything is frozen solid, the wind outside is howling, here in Brooklyn Heights above New York Harbor. Oof. Source: Weather.com, NOAA Back to natgas in a second, but as a historian, I would be …
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By Paul Sankey
Published on October 28, 2025 at 2:23 PM
Torsten Slok, Chief Economist Apollo, published this chart Monday, we are all familiar with the theme. Source: Torsten Slok, Apollo Considering the scale “Capex Share of Operating Cashflow %” made me wonder, and caused me to recreate the chart but add the Big Oils. Given Torsten lists five Hyperscalers, I simply used five historic mega-oils, ExxonMobil, Chevron, Shell, TOTAL, and BP. Result: Source: Bloomberg, Sankey Research That certainly changes the perspective, and obviously becomes a …
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