Kardamow
Riko KardamowIndependent, irreverent research on energy, macro, and geopolitics.
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 71 | Founded | 2 years ago | Last Issue | 6 days ago |
| Active | |||||
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kardamow.substack.comLatest Issues
Whose Refinery Runs at Ninety-Six Per Cent?
The Energy Information Administration drops its weekly petroleum numbers at half past ten on a Wednesday, and the desk reads them the way it reads a fever chart — fast, top to bottom, hunting the one line that confirms or breaks the positio...
What Does a Trillion-Dollar Buyback Measure?
Sometime this year the S&P 500 will hand more than a trillion dollars back to its owners in buybacks alone, dividends at a record on top, and the press will read it as it always does — a clean bill of corporate health, cash thrown off by fi...
The Claim That Wouldn't Clear
Tomorrow, in a conference room above a Swiss lake, officials from Washington and Tehran are due to sign a memorandum meant to end a war and reopen the Strait of Hormuz.
The oil market has already decided what it thinks.
Brent, which spe...
Who Pays the Peaker?
Somewhere on a blast-zoned tract of Arkansas scrub, far enough from Camden that the nearest town of any size is a drive away, a steel oven holds a cast motor at temperature and goes on holding it for the better part of two weeks, because th...
Why Did Crude Fall to a Two-Month Low as the Reserve Hit Its Lowest Since 1983?
I argued here on Monday, off the OPEC ledger and the salt caverns at Bryan Mound, that the calm in this market was being funded out of inventory on a schedule its sellers did not control — and that the schedule reached a marked line on Wedn...
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research on energy, macroeconomics, and geopolitics.
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