And the ’68 Summer Festival Wallflowers are Thinning*

By Paul Sankey Published on May 2, 2024 at 12:28 PM

Today 4pm Happy Hour is open mike Sankey vs Bordelon. We can discuss FTC vs Scott Sheffield – press release today from PXD – earnings, oil & gas markets, everything! Register to me and Greg here: Next week, macro maven Luke Gromen. Register for Luke here: ~ We are not super-bearish! Except natural gas … equities. And onshore service. A reader said she was reading our distillate note from Saturday and stopped reading …

Read More

Sunday Pens, Words, and Swords

By Paul Sankey Published on December 31, 2023 at 4:45 PM

Happy New Year’s Eve, Brooklyn Heights. Three nephews are staying with us from Mexico, they left this morning at 9am… to join the line for the holding pens at Times Square. The pens are opened at 11am, so they will be in line for two hours, then to be admitted to be penned for 13 hours, for the midnight ball drop. Incidentally the ball drop was introduced over 100 years ago when fireworks were banned …

Read More

Sunday Trading Places & Elmo

By Paul Sankey Published on December 3, 2023 at 5:14 PM

Right kids, how are we doing? There was a “Chevron: Dinner with Sauce” note sent yesterday which got strong feedback. One comment is that CrownQuest, the current $10bn reported Oxy takeover candidate in the Permian, will go for an “insane, all-time record” price per acre. We shall see, it might well not be to Oxy, the speculation is around Devon, ConocoPhillips, Diamondback, as other strong suitors. But we want to be short Oxy this week, …

Read More