By Paul Sankey
Published on June 21, 2025 at 12:54 PM
With the world watching the Straits of Hormuz, perhaps less on EU natgas prices squeezing on Israeli natgas and refining outages, little attention has been paid to major moves in US biofuel markets over the past couple of weeks. We got ya. This has just about nothing to do with global geopolitics, and everything to do with US domestic politics. We now have an increase in regulation from The Trump Administration, and yet more government …
Read More
By Paul Sankey
Published on June 5, 2025 at 9:30 AM
Happy Hour today Mark Rossano, just the man to talk actual data, whether China, US, Europe, oil, natgas, or commodities. Great guest, encyclopedic. He fits perfectly with today’s note. Register here: 4pm today, by Zoom. https://sankeyresearch.com/conference/sankey-strategy-session-mark-rossano-interest-form-2/ Arcane data? Committed readers will be familiar with the whole US ethane-to-China trade which we covered, concluding it had to be exempted, and it was. That was shortly after we pointed out US energy dependence on Canada, notably for …
Read More
By Paul Sankey
Published on May 25, 2025 at 12:52 PM
Happy Memorial Day weekend, We’ve talked about the vicious thugs that came back to the neighborhood. Hanging around in a sinister mob, scowling at observers, never look them in the eye, they are genuinely violent and dangerous. They are, the Bond Vigilantes. Funny thing is, I’m terrified of them too, but I look at long term interest rates and think “Rates are not THAT high”. Maybe that is what terrifies me. Below, yields since 1970. …
Read More
