Exciting Events, Tourmaline

By Paul Sankey Published on August 9, 2022 at 5:34 PM

Delighted to say that Dr James Henderson is on Happy Hour Strategy Session this week A PREMIUM EVENT. Henderson is an expert in Russia. He started at Amerada Hess, then joined Wood Mackenzie in Edinburgh, where to my eternal gratitude, he was directly responsible for hiring me to join Wood Mac. Great times, Wood Mac and Edinburgh, where my 3 kids were born. Jim moved on from Wood Mac to Russia, heading research at Renaissance […]

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The Texas Power Parasite: Bitcoin

By Paul Sankey Published on June 12, 2022 at 2:58 PM

We have postulated, for example in our note on Dr Copper (Sweet Chile & Mines, Jan 2022), that China‚Äôs total dominance of global primary commodity processing, would eventually force the US and Europe to re-domicile supply chains and manufacturing industry. Having massively and excessively out-sourced energy and commodity-intense industry to China over the past 15 years, the world, not least the US & EU governments, are now recognizing the need to re-domicile core production, back […]

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CHK 1Q22: The King of Carrot Flowers I

By Paul Sankey Published on May 5, 2022 at 8:45 AM

In our recent natural gas thematic piece, we had three top picks: Antero, Tourmaline, and Chesapeake. We highlighted the concerning trajectory of US storage inventory, noting that conditions today are yielding a storage level at the end of injection season that is uncomfortably low.  At 3.4 Tcf projected by end of October, storage would be 200 Bcf lower than 2021 and would be the second lowest level of underground storage in the last 16 years.  […]

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