Morning Joe

By Paul Sankey Published on January 5, 2021 at 8:41 AM

Valero webinar today! Me vs CEO Joe Gorder and team. Not too late to register on Briefly OPEC+ noted: Russia wants to increase production, to satisfy its own private oil companies and probably thinking of inflicting sustained pain on US E&Ps as much as anything. Saudi wants to maintain cutback discipline, probably concerned about future oil supply shortages if the global industry faces another year of low prices in the $40/bbl on high OPEC […]

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Morning Sankey 9/21/20

By Paul Sankey Published on September 21, 2020 at 8:07 AM

The market looks weak this morning, and the news that Nikola founder and CEO Trevor Milton is stepping down is a notable moment in the history of hydrogen in heavy truck transport, and corporate fraud. We assume his completely unqualified brother will no longer be “Director of Hydrogen Production/Infrastructure” at Nikola. What a joke. Kudos to Hindenburg Research. Further to yelling on my part about how bad New York COVID policy is, note that a […]

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Morning COVID Crimes 8/20/20

By Paul Sankey Published on August 20, 2020 at 7:35 AM

The demand recovery is flopping around. Our contention is that we modelled COVID really well, by using the Diamond Princess model (published still on my Linkedin in March and now clipping 14.000 views), but we should have realised that in an election year, the Democrats would be incentivised to make COVID run into the election, and by the same token Republicans would be furiously trying to deny COVID is a big deal. Yesterday in NYC […]

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