Energy Tech, Convergence, and the Hyperscalers
This week we expand on the Energy Technology component of our Geopolitical Super Vol framework we introduced last week.
A New Era of Geopolitical Super Vol
As we teased in last week’s video, we want to expand on the evolution of our Super Vol commodity macro framework to explicitly rebrand it Geopolitical Super Vol.
Peace Sells, We Are Buying
For the past month we have been recording these videos several days in advance of publication and repeating the line that we hope peace will have been declared and the Strait reopened by the time of Saturday publication.
CERAWeek 2026 Takeaways
We spent the past week in Houston at the always great CERAWeek conference hosted by S&P Global.
Q&A on Long-Term Impacts of War in Iran
This week we address five questions that have arisen regarding our views on the potential long-term impacts of the war in Iran.
Strait of Hormuz: Assessing Impacts on Oil, LNG
We recorded this video podcast on Wednesday, March 11. As we think everyone by now realizes, the Straight Hormuz is a critical bottleneck to not only crude oil exports from the region but also LNG from Qatar.
Long-Take From The Road: War in Iran
We are coming to you from Houston following my participation earlier this week at the Aspen Institute’s Winter Energy Forum.
Long-Takes From The Road: Terminal Value
This week we want to address a comment we received at an event last weekend about how we think about terminal value in especially the legacy areas of energy; we will add coal and copper to that list.
Undisruptable: Oil, Natural Gas, Coal, Copper, and Critical Minerals That Underpin A.I. and Geopolitical Competition
As software goes from eating the world to destroying coding jobs and potentially rock star SAAS (software-as-a-service) companies, we are seeing the wider world waking-up to our corollary of the great thematic from Marc Andreessen.
Long-Takes From The Road: FAQ On “Take Risk”
We are still in road warrior mode, having only been at our primary residence for 13 of the first 45 days of 2026.