By Paul Sankey
Published on December 17, 2025 at 3:12 PM
<Las Vegas boxing announcer voice> Stadium lights go crazy… — “Laaaay-DEEZ and gntlmn! We have a SIX FOOT SIX staaarting guuuuard! … From the University of North Carolina at CHAPEL HILL! … …Nuuuuumber 23…” ~ Tomorrow 4pm my friend and CEO of Magnolia, Chris Stavros. Register here. https://sankeyresearch.com/conference/sankey-strategy-session-magnolia-ceo-chris-stavros-interest-form/ Also we now have a pretty full schedule for the Refining Conference 2026, and you can register for all calls, all with CEOs +, here. Great to …
Read More
By Paul Sankey
Published on December 14, 2025 at 3:57 PM
Greetings, Snowing across New York City. We are getting a good couple of inches as I write, and noted that apparently, Jay Peak Resort in Vermont has seen 185” of snow so far this season, as of yesterday. We are hitting 3”, second fall of year, first proper snowfall. East Coast ski resorts are thrilled. It was a busy week, starting with Energy investor darling GE Vernova reported results, beat and raise then ExxonMobil had …
Read More
By Paul Sankey
Published on December 7, 2025 at 4:42 PM
Snow! To break the jinx, I didn’t mention it this year, but tradition dictates: “Go short oil after Labor Day”, and then, “BUY them again on the first snow in New York City. That’s December 5th”. Old school chat. December 5th, we had actually calculated, was the typical date for first snow in NYC. The analysis was seasonal, and the conclusion was that everyone expects US E&Ps, refiners, to trade seasonally, but actually we showed …
Read More
