By Paul Sankey
Published on September 20, 2026 at 9:16 PM
Good afternoon, It is wet here in New York, football season has started, October baseball playoffs loom, the air has chilled towards Fall. Any long-time New York professional dreads the week ahead. “UN Week”. Notwithstanding, this note is a preview and review, from a cynical personal perspective, on UN Week. There is little this week in the way of results. Cracker Barrel reporting will generate some nonsense. Speaking of blowing up a brand, I have …
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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 …
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By Paul Sankey
Published on May 31, 2026 at 7:05 PM
Amazing to watch May 2026 pass so fast, and Hormuz still all-but shut. Everybody points to June as the month in which things turn ugly in terms of tank bottoms, and price going exponentially higher seeking to destroy demand. But bottom line, prices are lower, and everyone is still merrily flying around. In this note we re-visit our JetFuel thesis – as we witness record flights, what’s the problem? We conclude that the key answer …
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