John Kemp argues that most of the changes in the power behind the oil market can be traced back for 20 years or more, though some of them have recently accelerated, such as the recent [Read more]
The WELL Building Standard was created as a voluntary third-party rating system, much like LEED, but this standard was the first to focus entirely on the health and wellness of occupants. WELL Building Standard focusses [Read more]
The real negotiations now take place between Riyadh and Moscow, behind closed doors and far away from OPEC headquarters in Vienna, reflecting their market calculations, and relationships with the United States. AFP/Getty Images photo by [Read more]
Fund managers are rebuilding a big bullish position in US gasoline futures and options – even as they remain on the sidelines across other petroleum contracts. Portfolio managers boosted net long position in US gasoline [Read more]
Recent heat waves in Europe, Canada and India show there is a growing demand for cooling comfort, which places a major strain on energy systems. The IEA offers tips on staying cool, efficiently. AP photo. [Read more]
Renewable energy penetration and CO2 emission reductions largely matter to countries, states, and organizations when they can be counted towards climate change credits. CO2 emissions and climate change are global, not local, problems By Matt [Read more]
If the United States chooses to escalate the trade dispute rapidly while China elects to ride out the attack and wait for the costs to rebound on the U.S. and global economies, the damage to [Read more]
If the global economic expansion continues at its current rapid pace, distillate availability will become stretched, and oil prices will rise strongly. Mondicon photo. Distillates crucial to three developments in the next two years that [Read more]
Over the past year, the government has taken action by committing to refresh BC’s climate strategy to get us back on track to reducing carbon pollution (by 40 per cent from 2007 levels by 2030) [Read more]
Queen Elizabeth and US President Donald Trump inspected at Windsor Castle during Trump’s contentious visit to England. Official White House photo by Andrea Hanks. Donald Trump often leaves opponents, friends and allies stunned By Trevor [Read more]
Hedge funds appear to have completed the recent wave of liquidation, with bullish positions increased slightly last week after heavy falls the week before, helping to steady oil prices. Equinor photo by Øyvind Hagen. Supply [Read more]
In a letter to the Globe and Mail, Pembina Institute managing director Karen Tam Wu says the BC natural gas sector has a methane leak problem and the gas sector needs to do more to [Read more]
Over the last few months, the US shale industry has seen a notable improvement in financial conditions, though the picture varies markedly by company. Anadarko photo. US shale industry, as a whole, may turn a [Read more]
Ed Hirs argues that should Iran implement a partial blockade of the Strait of Hormuz, cutting crude supplies to the market by 10 per cent, oil prices would rise by 250 per cent. Reuters/Fars News [Read more]
World trade volumes rose in May, but the rate of growth is decelerating, consistent with other signs that the global economic expansion is moving into a slower phase. World trade growth decelerating By John Kemp [Read more]
There is now almost no cyclical slack in the oil market, with stocks and spare capacity low. If consumption growth remains brisk it will eventually drive spot prices and spreads higher again to enforce rebalancing. [Read more]
Part of the drop-off in renewable energy investment was due to falling costs that made renewable sources like solar PV more affordable than ever, the investment decline still represents a warning to clean energy proponents. [Read more]
Hedge funds have slashed bullish long positions in petroleum at the fastest rate in more than a year, as the gentle profit-taking in previous weeks turned into a rush for the exit. Equinor photo. Hedge [Read more]
Given the fervour with which Trump supported the coal industry on the campaign trail and continues to push measures intended to save the economically-maligned U.S. coal industry, Matt Chester says he found the lack of [Read more]
Isabelle Turcotte of the Pembina Institute says she is disappointed that the Ontario and Saskatchewan governments walked away from the opportunity to design carbon pricing policies. Pembina Institute reacts to the joint statement from Ontario [Read more]
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