Covid News: C’Mon Man

By Paul Sankey Published on August 14, 2020 at 10:01 AM

Morning Sankey 7/17/20

By Paul Sankey Published on July 17, 2020 at 8:20 AM

As we expected since May, as basically happens every year, oil prices run into Memorial Day and then stall out. Same for this year, so in writing about oil in June, it was clear that around $40/bbl was about as good as it would get for 2020, with such major overhangs on supply, never mind the vagaries of demand recovery. One of the major drivers of the run from negative -$37/bbl to +$37 a barrel […]

Morning Sankey 7/9/20

By Paul Sankey Published on July 9, 2020 at 8:52 AM

Restaurants and gasoline demand in a COVID summer. In Brooklyn we had a sustained run of absolutely beautiful June weather. Then, we went to Stage 3 opening, whereby restaurants are allowed outdoor dining. Literally ever since it seems like it has rained heavily – thunderstorms – at around the time, say 6pm, that you make a dining decision. The fates are really playing us this year. I mention this because the sujet du jour among […]