During the first two years of the Trump administration, more US coal fired power plants were shuttered than in the entirety of former President Barack Obama’s first term. Washington Post photo by Meg Kelly. over [Read more] [Read more]
Oil prices steadied on Wednesday after Tuesday’s gains of 3 per cent, however EIA data shows growing US refined product stockpiles and growing US production, which could undermine efforts to rein in a growing crude [Read more] [Read more]
Oil prices are expected to slowly gain in value and hit $65/barrel by 2020, according to the US Energy Information Administration. Baytex photo. By Stacy MacIntyre and Tim Hess EIA’s January Short-Term Energy Outlook forecasts that world [Read more] [Read more]
Unless policymakers either lower US interest rates or conclude trade talks between China and the US, the global economy’s momentum will continue to slacken and push it towards recession. OECD composite leading indicator down, points [Read more] [Read more]
Source: Angus Reid, Six-in-ten Canadians say lack of new pipeline capacity represents a crisis in this country Pipeline group says industry must engage better with Canadians at very time much of Alberta wants a tougher stance [Read more]
Oil prices rose by over 2 per cent on Tuesday after China announced it will introduce a $586 billion stimulus package to help stabilize its slowing economy. Apache photo. Oil prices reverse Monday’s losses Oil [Read more] [Read more]
According to the United States Energy Information Administration, US oil production is expected to hit 12.9 million barrels per day next year. US oil production averaged 10.9 million b/d in 2018 US oil production is [Read more] [Read more]
The change in marine fuel specification is expected to put upward pressure on diesel margins and modest upward pressure on crude oil prices in late 2019 and early 2020. Marine fuel sulphur regs limit sulphur [Read more] [Read more]
Despite the recent slump in oil prices, forecasts have edged down by less than $5 per barrel compared with the last annual survey conducted at the start of 2018 and have changed little over the [Read more] [Read more]
Volkswagen EV production will begin at the company’s Chattanooga facility in 2022. The German automaker says it will invest $800 million in its Tennessee facility, making it VW’s first electric vehicle facility in North America. [Read more] [Read more]
US natural gas futures jumped 13 per cent on Monday on weather forecasts calling for much colder weather through to the end of the month than were previously expected. Buffalo News photo by John Hickey. [Read more] [Read more]
Oil prices fell about 1 per cent on Monday after data from China showed exports fell by the highest amount in two years last month and imports also fell. AP photo. Oil prices fall about [Read more] [Read more]
Fund managers’ cautious positioning in oil suggests they see roughly three equal crude outlook probabilities: Resumption of strong growth; an extended soft patch; or a slump into recession. Linn Energy photo. Cautious crude outlook on [Read more] [Read more]
Oil prices fell by about 2 per cent on Friday due to ongoing concerns about a global economic slowdown, but prices are set to end the week higher on US-China trade hopes. Repsol photo. Oil [Read more] [Read more]
Iraq oil production averaged 4.5 million b/d through Aug. 2018, up from 4.4 million b/d in 2017. Iraq’s oil production has nearly doubled in the past decade. Reuters photo. Iraq oil production, consumption on the [Read more] [Read more]
By the end of last year, diesel futures held by hedge funds had fallen to a level normally associated with a sharp slowdown in economic growth if not an outright recession. Shutterstock photo. Short positions [Read more] [Read more]
The Chinese government announced on Friday that due to falling construction costs, it will launch a number of subsidy-free solar and wind power projects in 2019. ImagineChina/Corbis photo. Subsidy-free solar, wind power projects to generate [Read more] [Read more]
On Friday, the Trudeau government announced it will help fun a Saskatchewan geothermal power facility which will produce enough electricity to power about 5,000 homes. DEEP Earth Energy Production Corp., photo. Saskatchewan geothermal facility near Estevan [Read more] [Read more]
Clean BC, the government of British Columbia’s third climate plan leaves some critical questions unanswered, particularly concerning the path to zero carbon buildings by 2050. Tourism Vancouver photo. California, Oregon, Washington and BC agree to [Read more] [Read more]
Energy consumption grew rapidly in the Middle East, Asia and Africa while in North America, energy consumption grew only by 1 per cent between 2010 and 2016, and in Europe, energy use fell 4 per [Read more] [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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