By Paul Sankey
Published on April 26, 2025 at 4:55 PM
He said, Xi said (nothing). We all suffer lunacy in tracking the often-antagonistic, sometimes-capitulative iterations of this “nonsensical” trade war. Headlines this week have drifted towards hyperbole, portents of the death of US-China energy trade – especially oil and LNG. In this note we tit-tat US-China energy. Key points: US energy trade with China is one worldscale trade where we, the USA, are in major trade surplus, globally the dominant supply player, and effectively control …
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By Paul Sankey
Published on April 6, 2025 at 6:55 PM
Assuming you have not just returned from a vacation to Mars, there is no need to describe what happened last week. Remember our old line that “OPEC cuts are bearish US natgas prices?” Well, we come back to that later. OPEC increases this past week… bullish natgas. As we noted in the weekly video we sent Thursday/Friday, we like natgas, gold, (and tobacco). We don’t like refining, oil service, and E&P. Watch this week for …
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By Paul Sankey
Published on January 21, 2025 at 10:03 AM
Bullish oil! Bullish ConocoPhillips! With increasingly hysterical preview stories of Trump’s Day 1 Executive Orders-to-be-signed reaching an over/under of 200, the line that came to me this morning was from a local Long Island music group, formed in 1985 at Adelphi University Long Island, by Carlton Ridenhour and William Drayton (aka Chuck D & Flavor Flav), called Public Enemy: “Don’t believe the hype, it’s a sequel” Which is to say, that with major expectations that …
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