Oil Guns and God Morning Sankey 8/25/20

By Paul Sankey Published on August 25, 2020 at 8:48 AM

My head is spinning this morning from reading the transcript of Donald Trump’s speech last night to the Republican National Convention. It didn’t take too long to realise he was speaking off-the-cuff, there was an opening that went straight to mail-in ballots, and the stream of consciousness continued from there. He looked very tanned and relaxed, a bit hoarse to start. And was referring to notes. But the content was pure stream-of-Donald-consciousness. But first, the […]

Morning Sankey 8/19/20

By Paul Sankey Published on August 19, 2020 at 8:56 AM

We were not wrong to highlight the reporting this week of “suburban stocks” with a huge beat from Target, (pronounced Tar-jay in French style, for its classy offering) and Lowe’s this morning both riding our “new 1950s” substantiation theme. Lumber was a theme of the Home Depot call yesterday as we expected, with strong demand driving profitability, and some debate over ongoing shortages, although Home Depot stated that supply was improving. As we noted in […]

ESG in California: Duck Curves and Ducked Curves

By Paul Sankey Published on August 18, 2020 at 7:27 PM

California’s energy policy provide an example of how NOT to do it – electricity. And how TO do it – oil markets. In this note we describe and critique California’s energy policy . Continue reading