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Substack by Doomberg · launched Apr 21, 2021

A lateral-thinking approach to energy, finance, and geopolitics | Subscribe below for free previews of new articles | Click through to our About page for pricing and FAQ.

Top in Finance
#6
Paid leaderboard
#3
Subscribers
388K

rounded by Substack

Paid subscribers
10,000+ paid
Badge
Bestseller 10k
Followers
483K
Paid plan
$40/mo
Recommends
99

other newsletters

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: Going With the Flow · Sector Deep Dive: North American Midstream

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 → 388K on Sep 30, 2026

Followers (thousands, nightly)

Rank in Substack’s finance leaderboard: #6 today · #6 a week ago

Stats worth sharing

Tracked since Sep 10, 2026 — 21 daily snapshots so far. The card below is built from what we track and refreshes nightly.

Percentile
Top 2%

of 525 ranked finance newsletters

Best rank seen
#6

on Sep 30, 2026

Subscribers added
+1.0K

since tracking began

Followers added
+1.9K

since tracking began

Posts
9

last 30 days

Reactions per post
668

average, recent posts

Reactions tracked
12K

across 18 posts

Most-reacted post we have seen: Endangered Specious — 952 reactions on Aug 9, 2026.

Doomberg — rank, subscribers and growth, tracked by Stock Market Watch
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Recent posts

  • 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…

  • Coming to America

    “War should never be entered upon until every agency of peace has failed.” – William McKinley There’s no sugarcoating the ominous turn of events that occurred in the Middle East over the past two weeks. The rapid advance of the Houthis across the Red Sea coast, the serious damage sustained by the newly all-important East-West Pipeline in Saudi Arabia, and continuing signs of an imminent global diesel crunch all come on the heels of months of disruption to shipments through the Strait of Hormuz. The economic calamity that nearly everybody assumed would follow shortly after Hormuz…

  • Value Trap

    “Thankfully, there’s no rehab for success.” – Lil Wayne In early July of 2025, the government of Angola made a fateful decision to raise diesel prices nationwide by one-third, part of a years-long campaign to phase out costly fuel subsidies. A three-day strike by minibus and taxi drivers spiraled into nationwide bouts of violent unrest. By the end of the month, some 30 people were confirmed dead, 277 injured, and over 1,500 arrested. Despite these severe civil disruptions, the government ultimately held firm. The riots came to an end, but the reduced subsidy levels held. Energy is life |…

  • Apricity or Bust

    “If the world seems cold to you, kindle fires to warm it.” – Lucy Larcom Watching the parade of negative-charisma European elites cascade toward their inevitable political demise would be entertaining, were it not certain that their equally incompetent replacements would spawn into place from a seemingly endless line of empty suits, like so many Pez popping out of identical plastic dispensers. Consider soon-to-be-ousted German Chancellor Friedrich Merz. Anybody who labored through his bizarre speech to the Bundestag on Wednesday would hurriedly bet the under on his longevity in the post…

  • Falkland Around

    “I was spoiled by theater, where there is no editor.” – Anthony Edwards In March of 2013, 1,517 inhabitants of what the United Nations (UN) officially refers to as the Falkland Islands (Malvinas) went to the polls to vote on a sovereignty referendum. Residents were asked whether they wanted to remain an overseas territory of the United Kingdom (UK), and in a result that would make dictators the world over blush, only three voted against the measure, and one spoiled their ballot. The resulting 99.8% affirmative vote is higher than even possession itself, which, last we checked, was just 90% of…

  • Necessary Inventions

    “Here is the test to find whether your mission on Earth is finished: if you’re alive, it isn’t.” – Richard Bach Among the most ironclad, stone-cold, lead-pipe-lock bets of history is that aggregate primary energy consumption is a curve that goes up and to the right. Longtime readers will be familiar with the physical foundations for why this is so: The human endeavor is a constant, unrelenting struggle against the forces of entropy; one must harness primary energy to temporarily prevail in that struggle; one’s standard of living is thus measured by how much primary energy is on offer for the…

  • With American Characteristics

    “Those things which I am saying now may be obscure, yet they will be made clearer in their proper place.” — Nicolaus Copernicus Like most energy-market observers, we stared at our phones with interest on Friday evening when US President Donald Trump once again used his Truth Social account to make a rather surprising announcement : “ BREAKING NEWS: The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY! At my direction, Secretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly…

  • Maîtres Chez Nous

    “For what were all these country patriots born? To hunt, and vote, and raise the price of corn?” – Lord Byron In the hotly contested Québec provincial election of 1962, incumbent Liberal Premier Jean Lesage’s central campaign issue centered on the nationalization of Hydro-Québec, the province’s array of privately held electricity-generating companies. Leveraging the poignant slogan “Maîtres Chez Nous”—a phrase that translates to “masters in our own house”— Lesage hammered home the risk of letting anglophone business elites control critical goods and services in the French-speaking Canadian…

  • Company Deep Dive: Chevron

    Hello, Doomberg Pro members! Within the world of oil and gas, the “supermajors” are a special breed. Standing proudly among them is Chevron. In the first of a series of single-name analyses that we’ll roll out over time, this month’s Pro Tier presentation takes an in-depth look at this American giant. Chevron is a globally diversified, intricately integra…

  • Marginal Rations

    “It gets late early out there.” – Yogi Berra The global distribution of engines that power the economy was no accident. It evolved in a way that made maximum use of the prototypical barrel of oil that existed when that energy input came of age. The number of cars, planes, and heavy-duty vehicles currently running on gasoline, jet fuel, and diesel was a natural consequence of the relative concentration of molecules that comprise those cuts, paired with the overarching need to minimize waste at refineries. Had the molecular mix of standard crude barrels been materially different back then, so…

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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: Sep 30, 2026.