Morning Sankey 12/28/20

By Paul Sankey Published on December 28, 2020 at 9:00 AM

Good morning! Back from a week in Springs, out in the Hamptons. In retrospect I should have not only logged off, as I did, but also deleted Twitter, where the tag of the week was “ATH” All-Time High, and an upsetting drivel of “I told you so” posting on Bitcoin and Tesla, among others. Most interesting Twitter post came from Lightshed, a fellow AnalystHub platform (which hosts Sankey Research for compliance etc) covering media, with […]

Dakota Access Shock

By Paul Sankey Published on July 6, 2020 at 4:07 PM

PSXP stock is getting hit hard on today’s surprise Dakota Access shutdown ruling, alongside Energy Transfer (ET) and Bakken players such as Contintental, OAS, WPX, NOG and diverse names such as MRO. Winners: Canadian suppliers, Permian and other Basins than Bakken, and in refining “Valero wins by not losing.” Of course in the grand scheme of things, the most environmentally-friendly way to move oil is by new pipeline, less by rail, least by truck. But […]