By Paul Sankey
Published on February 6, 2025 at 10:34 AM
Freezing winter slush day, very on-brand early February here in Brooklyn Heights. Freezing wet mix, snowy rain settling as sloppy snow. Cold. Black and white; grey. Time for Happy Hour! TONIGHT Happy Hour Zoom 4pm ET Jake Spiering of Chevron Another timely guest, after we did Hess and Jay Wilson last week. Jake is a terrific spokesman/investor relations for Chevron, market cap $275bn, $31.5bn of cashflow from operations in 2024, $15bn capex, production 3.33 mboe/d …
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By Paul Sankey
Published on November 14, 2024 at 8:04 AM
My standard line on the challenge as an analyst, is that you make a good call, and within three months everyone else starts saying it. Good calls can’t remain exclusive. Sure enough, today the IEA is out questioning whether China oil demand has peaked, making 2024 an epic (bearish) year in global oil market history. Yesterday I was reading an article from CGEP mooting the same call. We will come back to the subject Sunday, …
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By Paul Sankey
Published on September 8, 2024 at 2:34 PM
Greetings from Lake George, Upstate New York, where the oak leaves have begun to turn to Fall; driving yesterday was four hours to Boston to watch Harry play college soccer, then another four hours to upstate forests. We spent two hours charging the EV, it was highly inconvenient. That’s a lie, we drive gasoline, nobody takes epic drives in EVs. The extra half an hour was in truth grabbing the best pizza in the world, …
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