By Paul Sankey
Published on October 3, 2025 at 9:13 AM
In other major US energy news before we start: Permian Highway Pipeline (PHP) shutdown. Kinder Morgan’s ~2.1–2.65 Bcf/d Permian-to-Gulf Coast natural gas takeaway line is said to have an issue, and WAHA Permian natgas prices have gone “double digit negative”.) Bad news for almost all Permian E&Ps, and we can see this as being a tough earnings season coming up for Q3 earnings, as reports of rising costs and flat crude prices with poor Permian …
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By Paul Sankey
Published on August 24, 2025 at 5:41 PM
Back from my week in Colorado and California. I missed a wet week in Brooklyn as Hurricane Erin passed. Today the weather is perfect, though bearish natgas. Temperatures have been cold and are now ideal. No air con, but a the beautiful summer breeze, we are at 78F, 25C. Top tip: in temperature conversion, 28°C ⇄ 82°F, 16°C ⇄ 61°F, 4°C ⇄ 40°F.~ Natgas bulls look away now: Source: NOAA ~ When in Rome, we …
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By Paul Sankey
Published on August 10, 2025 at 9:21 PM
Maybe the key question for this week is whether Vladimir Putin walks away with Alaska in exchange for Greenland. I mean, I don’t know. But the deadline is November 10th. In case you missed it, in Aramco results last week, Aramco are quoting Kpler that global oil demand is now (August 2025) 108 mb/d. Repeat, 108mb/d. But obviously, this week in oil will be dominated by President Trump meeting Putin in Alaska. Friday. So we …
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