Global oil markets are increasingly over-supplied with light distillates, such as gasoline, while there are not enough middle distillates, such as diesel, which has opened a big price differential between the two fuels. McEvoy Oil [Read more]
US natural gas prices are at their highest in four years as gas stocks plummet to their lowest seasonal level for 15 years and sit at 15-16 per cent lower than the same time last [Read more]
Brent oil prices have fallen over 20 per cent in the past five weeks and WTI futures have declined for a record 11 days in a row. Total photo. OPEC talking supply cuts as oil [Read more]
Where resource scarcity is one of many motivations pulling the world away from extracting fossil fuels and towards renewable energy sources, clean meat can similarly be seen as a part of the solution to resource [Read more]
A recent poll from Abacus Data found, 90 per cent of Canadians are concerned about climate change. But a new form of denial has risen from the ashes of the old: denying the solutions that [Read more]
Hedge funds now hold fewer than four bullish long positions for every short bearish one in the oil market, down from more than 12:1 at the end of September and the lowest ratio since August [Read more]
US budget deficit hit $779 billion in Fiscal Year 2018 and climbed from 3.5 per cent of GDP in 2017 to 3.8 per cent of GDP. Government receipts increased by just $14 billion while outlays rose [Read more]
Matt Chester writes about three ambitious renewable energy projects that are hoping to find startup capital through crowdsourcing. Renewable energy startups look to crowdsourcing for capital By Matt Chester This article is a re-hosting of [Read more]
According to TASS news agency, Russia and Saudi Arabia are in discussions to cut production next year to balance the oil market and stabilize prices. OPEC, allies’ goal to keep oil market close to balance [Read more]
Most of the US, with the exception of California, Florida, Hawaii and Alaska is expected to experience colder than normal temperatures in the middle of November. The forecast has boosted natural gas prices. ACityMadeByPeople.com photo [Read more]
Hedge fund managers have been net sellers of 371 million barrels since the end of September, taking their net long position to the lowest level for 15 months, according to records published by regulators and [Read more]
Crude prices, spreads and the reactions of producers and consumers suggest the oil market has passed the first major cyclical peak after the slump of 2014/15. BP photo. Oil market strongly cyclical By John Kemp [Read more]
US oil output has increased by more than 2 million barrels per day over the past 12 months, an absolute increase that is unparalleled in the history of the US oil industry. Anadarko photo. US [Read more]
Last week the Canadian government announced there will be a federal carbon pollution pricing system in place in Canada starting next year and will affect provinces that have not already set up their own carbon [Read more]
On average, the amount of Halloween candy that Canadians consume around this time of year, translates to about 57,000 gigajoules in energy terms. This is enough energy to heat 570 homes in Canada for one [Read more]
Lower oil prices would curb the projected expansion in output and stimulating faster growth in oil consumption. Modestly lower oil prices would also provide some economic stimulus and form part of the natural cyclical progression, [Read more]
In natural gas markets, the prospects of a natural gas glut, which was commonly heard within the energy industry not that long ago, has vanished following last winter’s tight market, and is being replaced by [Read more]
Phasing out fossil fuel subsidies would facilitate the cost-effective deployment of the some of the Middle East’s huge renewables potential, whose development has been limited by the availability of subsidized oil and gas for power [Read more]
Last week, hedge funds continued to liquidate former bullish positions in oil and, for the first time in more than a year, clear signs of fresh short-selling emerged. Total photo. Rising supply, economic slowdown drive [Read more]
With only two days left to figure out Halloween costumes, Matt Chester offers his ideas for energy enthusiasts struggling with what to wear on All Hallows’ Eve. Halloween costumes for those in the energy field [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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