Labor Day Bonus: All-Star Happy Hour Transcript & Zoom replay

By Paul Sankey Published on September 5, 2026 at 9:12 PM

Hi, we had a great call with Frank Kelly, Kathleen Kelley, Jan Stuart, Gordon Shearer on Thursday evening. It was especially fun when Jan declared he totally disagreed with Kathleen. Cage match! Frank on Washington DC. Kathleen on surplus oil. Jan on oil tightness. Gordon on LNG tightness and upcoming shut down of Russian LNG to Europe, which adds major pressure to Russia and its collapsed export earnings. As a bonus because I am in …

Whataburger? Weekly DOE Data: Draw! Bullish!

By Paul Sankey Published on May 20, 2026 at 6:00 PM

NEW YORK, May 20 (Reuters) – The United States withdrew 17.8 million barrels of crude oil from its ‌inventories, the highest on record, the Energy Information Administration said on Wednesday, as the Iran war has cut global supplies and raised demand for U.S. crude and products. In a week. Oil analysts nod and say “we are heading for operational minimum inventory levels, fast.” ~ When will I retire? We have booked Paul Cheng, recently retired …

Thematic: China-US in the Age of Hormuz

By Paul Sankey Published on May 15, 2026 at 12:07 AM

Please find attached our mid-Trump-Xi note, that attempts to cover the arc of the China energy challenge in the Age of Hormuz, mid-summit. History in the making. Hope you enjoy reading it as much as I enjoyed writing it. Paul Morelia, Michoacán, Mexico, 5/14/26