Quote of the day: In a war of ego, the loser always wins

Energy Transition
Paul Sankey

Morning POCUS

HEADS UP – Happy Hour TOMORROW WEDS is at 8:15am. Totally alternate time for our weekly Zoom, (it’s five o’clock somewhere). You guys will all be at your desks for over an hour by then. We are accommodating Singapore-based June Goh, she is very busy and 12 hours ahead. June Goh of Sparta Commodities is the Singapore refining expert causing an internet/Twitter oil Hormuz sensation with coherent and technically accurate Tweets on the subject. From

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Energy Transition
Paul Sankey

Sunday… First Pitch… and the Season’s Over

We meet again, “Negotiating with the Iranians” again. And bombing each other again. Not good. I am keeping this very short, there was a long note yesterday on European Jet Fuel crisis that was well received. I am sure you are following the headlines and that will set the agenda for next week. With that said, week ahead we have a terrific Happy Hour guest. June Goh is the Singapore refining expert causing an internet/Twitter

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Energy Transition
Paul Sankey

Hormuz Crisis Series: European Jets Jets Jets

Last week, having satisfied my curiosity on Taiwan and Taiwan Semiconductor (TSMC) — which basically concluded that TSMC will keep getting cheap reliable subsidized government electricity even if it means Mrs Cheng has no aircon. That is globally important; AI is the counter theme to Hormuz and after TSMC’s earnings call, we concluded they are good to go for another quarter of crisis, so relatively very comfortable. Nothing it at all comfortable right now in

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