By Paul Sankey
Published on June 14, 2025 at 9:03 PM
* BREAKING * Major fire at Marathon Petroleum’s huge 600kb/d refinery, live situation More pressure on the Trump Administration regarding oil prices, as pump prices will get squeezed higher here; California pump prices, although not a great Trump concern, are above $4.50/gallon. With that breathless start, and rather than suspend everything on media maelstrom Israel-Iran war, in this note we resolutely take a look at our favourite gas station play, Casey’s $CASY. The underlying premise …
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By Paul Sankey
Published on May 22, 2025 at 11:15 AM
Today Airlines Happy Hour with Hunter Keay. We sent you his bio yesterday, briefly he was a the top airlines analyst on the sellside when we worked together at Wolfe Research, now he is CFO of Avelo Airlines: Date/Time – today, Thursday, May 22nd, 4PM ET Registration Link – https://sankeyresearch.com/conference/sankey-strategy-session-hunter-keay-interest-form/ ~ Tax bill is having idiosyncratic effects, beyond the deficit effect that is roiling markets as the T Bill reacts: May 22 (Reuters) – Shares …
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By Paul Sankey
Published on April 13, 2025 at 4:14 PM
One of the recent Happy Hour lines that struck me, came from a Republican lobbyist who was a guest in the interim between Trump winning, and Trump being inaugurated. He repeated “tariffs” strongly, then followed up by saying that “During Trump 1, our firm had a track record of 85% success in getting an exemption on tariffs for our clients.” Hmmm. Sure enough, this weekend we have the “Tim Apple Tariff Exemption” whereby suddenly per …
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