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What they write about
Lateral-thinking essays on energy, finance and geopolitics, each opening with a literary epigraph. Recurring subjects include oil and gas production, diesel and refining, state-owned enterprises, and the energy politics of Ukraine, Europe, Alberta and the Falklands. Also publishes company deep dives and a subscriber video call.
- energy
- geopolitics
- oil and gas
- refining
- commodities
- macro
Recent examples: Recycle Bin · Gating Functions
Written from Doomberg’s own published post titles and openings in Sep 11, 2026. It describes the subjects the newsletter covers, not its views, and is not investment advice.
Growth history
Subscribers (thousands, nightly)
387K on Sep 10, 2026 → 389K on Oct 21, 2026
Followers (thousands, nightly)
Rank in Substack’s finance leaderboard: #7 today · #7 a week ago · #7 a month ago
Stats worth sharing
Tracked since Sep 10, 2026 — 62 daily snapshots so far. The card below is built from what we track and refreshes nightly.
- Percentile
- Top 2%
- Best rank seen
- #6
- Posts
- 6
- Reactions per post
- 681
- Reactions tracked
- 18K
of 525 ranked finance newsletters
on Oct 2, 2026
last 30 days
average, recent posts
across 27 posts
Most-reacted post we have seen: Endangered Specious — 952 reactions on Aug 9, 2026.
Recent posts
- Recycle Bin
“To create greater convergence, we need more integration.” – Emmanuel Macron The global energy behemoth that is the US natural gas industry continues its relentless growth, making a mockery of pessimistic forecasters. One struggles to properly frame the awesome scale of what is transpiring for a lay audience, but let’s try: In 2026, the US is forecast to grow natural gas production by more than the combined total output of the entire European Union (EU). In 2027, it is anticipated to do so again. Appalachian supply is so abundant that spot prices are running at roughly $1-2 per million BTUs…
- Gating Functions
“We’re celebrating the greatest oil victory in history. To the victor belong the spoils, right?” – Donald J. Trump In the late summer of 2021, heavy oil production in Venezuela’s Orinoco Belt temporarily crashed by 25%. The proximate cause of the decline was the need to divert lighter grades of domestically produced crude to the country’s struggling refineries. Those lighter hydrocarbons would normally have been used as diluents to enable transporting Orinoco’s otherwise solid-like oil sludges to markets near and far. Absent the lights, production of the heavies had to be curtailed. Black goo…
- Tough Comp
“Measure what is measurable, and make measurable what is not so.” – Galileo Galilei Roughly two and a half years ago, we published “ Mapping the War ,” a guide to following the daily ebbs and flows of the war between NATO and Russia over Ukraine. In it, we listed several accessible open-source social media accounts that, despite their known biases, provided good signal in a sea of propagandistic noise. One account profiled was the Military Summary channel on YouTube , an excellent source of real-time information that has collectively garnered more than 400 million views worldwide. By…
- Margin Call
“We choose mania over boredom every time.” – James Gleick In late August, the Errea Wittu arrived in Guyanese waters. The floating production, storage, and offloading (FPSO) magic oil boat will join four others already extracting hydrocarbons from the Stabroek Block, Big Oil’s glistening crown jewel du jour . Once full operations begin in December, total production in Guyana will reach more than one million barrels per day (bpd), or roughly one barrel for every resident of that formerly impoverished nation. This is up from no barrels less than a decade ago. For all the withering criticism the…
- Doomberg Academy: Refining
Hello, Doomberg Pro members! As we have expressed on multiple occasions, the normalization of attacks on civilian energy infrastructure is a dangerous development, with refineries sitting in the most recent crosshairs. These vital facilities transform crude oil, itself worthless and toxic goo, into a range of outputs on which the global economy depends. …
- Diesel of Discontent
“There are three things in the world that deserve no mercy: hypocrisy, fraud, and tyranny.” – Frederick William Robertson During the first six months of 2026, European buyers gorged on practically every liquefied natural gas (LNG) cargo Russia’s Yamal plant could produce. Of the 140 ships that set sail from that facility, 136 offloaded their life-nourishing bounty in Europe, with France, Belgium, Spain, and the Netherlands quietly absorbing the bulk. Analysts estimate the revenue generated from these sales to be on the order of $7 billion—funds that were presumably funneled to President…
- Jump Ball
“He hits from both sides of the plate. He’s amphibious.” – Yogi Berra On January 6, 2025, Indonesia formally acceded to full membership in BRICS, the starts-and-stops, Russia- and China-led organization seeking to create an alternative to the US dollar-based global financial system. As the war in Iran has since made clear, whatever limitations might be plaguing America’s wildly overfunded and corrupt military-industrial complex, its economic power and broad array of financial tools are still formidable. US Secretary of the Treasury Scott Bessent’s economic siege has arguably been more…
- Ties That Bind
“No nation was ever ruined by trade.” – Benjamin Franklin With a land area equal to that of Arizona and a population of just 27,000, Labrador—the onshore portion of the Canadian province of Newfoundland and Labrador (NL)—is one of the most resource-rich yet largely undeveloped regions in the Western Hemisphere. Abundant timber, iron ore, nickel, copper, cobalt, gold, rare earths, and other critical mineral prospects dot its rural landscape, and its large rivers provide enormous hydroelectric potential. Think of it as an even more thinly populated version of Alaska. Don’t pretend like you knew…
- Straw Clutching
“Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.” - Adam Smith A classic trick in debate is distorting your opponent’s position, then nullifying your reframing of their view. This straw man tactic is particularly effective when the semantic maneuvering is sly and subtle, hence its permeation throughout political discourse. Consider the diesel crisis facing US President Donald Trump as he hurtles toward an ominous midterm election. Trump has many levers with which to restrain runaway domestic prices for that all-important fuel, and…
- Going With the Flow
“You’re running to be prime minister — it’s hard to be the person who makes jokes.” – Ed Miliband Several months ago, we took to these pages to articulate an admittedly long-shot call. After foreseeing Mark Carney’s 180-degree flip on all things climate change, we postulated that perhaps Great Britain, Canada’s historical mothership, might also be ready to discard the geopolitical deadweight of carbon insanity. While searching for a British Carney—a politician with green bona fides so unquestioned as to put him above reproach in executing such a change—we settled on Ed Miliband. Thus followed…
- Sector Deep Dive: North American Midstream
Hello, Doomberg Pro members! Within the oil and gas industry thrives a powerful segment of participants whose investments in vital infrastructure enable ever-burgeoning development in the geographies they touch. They connect producers to users with a broad range of necessary specializations. The security of their future is tied to volumes moved in relati…
- Escalation Clauses
“I think gas prices are a conspiracy.” – Tom Braidwood On Sunday, a world chronically short of diesel woke up to the happy news that Ukraine—undoubtedly with the full support of those who currently occupy positions of power across Europe and Great Britain, and perhaps even the US—had caused significant damage at the Gazpromneft Moscow Refinery, a facility capable of handling 245,000 barrels per day (bpd) of oil. In the weeks leading up to the Moscow attack, the Ryazan Oil Refinery (320,000 bpd), Saratov Refinery (140,000 bpd), Syzran Refinery (150,000 bpd), and Yaroslavl Refinery (300,000…
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Data: Substack public leaderboards and publication archives, refreshed nightly, plus public beehiiv sitemaps and recommendation pages, refreshed weekly. Source for this page: Doomberg. Subscriber counts are Substack’s own rounded public figures, so week-on-week changes move in steps. beehiiv audience sizes are self-reported by the publisher and are not verified. Last snapshot: Nov 10, 2026.