Tilting at Windmills

By Paul Sankey Published on April 3, 2022 at 11:52 AM

Well, that was quite the Q1 2022! But we got it in the books. I think the low point of Q1 for me was the evening of Thursday 3rd March, shortly after the 24th February Russia-Ukraine invasion, when the largest nuclear plant in Europe, Zaporizhzhia, appeared to be under direct attack and burning, right as I had a one-hour briefing with the State Dept, and my contact told me that surviving a nuclear attack is […]

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Nickel Back, Not

By Paul Sankey Published on March 16, 2022 at 9:18 AM

Up bright and early this morning, I will miss “the clocks going forward” now that, as the world ponders World War III, the US Congress has addressed the urgent issue of daylight savings time. The big picture remains that the Democrats are headed for a shelacking in the November 2022 mid-terms and the legislative potential for a major offset victory for the Biden Administration before then is getting very tight. Kudos to Biden for the […]

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Silver Linings

By Paul Sankey Published on March 15, 2022 at 8:55 AM

Emailed question from DC this morning: I’m so confused – why is Brent now below $100??? I thought it would just keep rising and rising! Sankey: Shenzen shutdown is the big one. Also deeply discounted Russian oil coming to market. Also emergency stockpile releases. Also seasonally weak time for demand. In other news, the scale of Devon’s airdrop yesterday relative to a weak sector gives rise to chatter that an M&A deal is coming (and […]

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