Shrewd Move By Irving Oil An Indictment On The Feds

JWN Energy Group’s Daily Oil Bulletin 13 May 2020 Irving Oil Limited’s recent move to source western Canadian crude oil for its 320,000 bbl/d Saint John refinery, the largest in the country, using foreign tanker ships rather than rail or non-existent pipeline is nothing short of genius and an indictment on Canadian energy policy. To […]

Oil Price War Series 4.0 Part 5 – Putin’s Masterstroke

JWN Energy Group’s Daily Oil Bulletin 14 April 2020 Despite misplaying his hand horribly, and rather remarkably being outsmarted by both Saudi Crown Prince Mohammed bin Salman (MBS) and U.S. President Donald Trump, Russian President Vladimir Putin made virtue of adversity by agreeing to the historic OPEC+ deal finalized on April 12. This has allowed […]

Oil Price War 4.0 Series Part 4 – Canada As Collateral Damage

JWN Energy Group’s Daily Oil Bulletin 30 March 2020 In the first two articles of this series I put forth the thesis that the current oil price war was instigated by Russian President Vladimir Putin with the goal of causing substantial permanent damage to the U.S. shale industry, and the third article discussed three possible […]

Oil Price War 4.0 Series Part 3 – Major Wildcards

JWN Energy Group’s Daily Oil Bulletin 27 March 2020 The first two articles in this series explained the rationale for Russian President Vladimir Putin’s oil price war, the second article in more detail than the first. Before delving into three major wildcards that could impact Putin’s price war, both in a positive and negative manner, […]

Oil Price War 4.0 Series Part 2 – Clash Of The Oil Titans

JWN Energy Group’s Daily Oil Bulletin 23 March 2020 In the first of the Oil Price War 4.0 series, it was argued in a general sort of way that Russian President Vladimir Putin’s price war would likely be longer and deeper than the three previously started by Saudi Arabia. In this article, I will delve […]

Oil Price War 4.0 – Longer and Deeper?

JWN Energy Group’s Daily Oil Bulletin 18 March 2020 I have worked as a world oil analyst during all four crude oil price wars since the creation of the Organization of the Petroleum Exporting Countries (OPEC) in 1960, having started my career at the Alberta Petroleum Marketing Commission (APMC) in the mid-‘80s. Based on what […]

Economic Reconciliation The Wrong Way

JWN Energy Group’s Daily Oil Bulletin 27 February 2020 Phil Fontaine, living legend and former three-term national chief of the Assembly of First Nations (AFN), has said on numerous occasions that reconciliation is not possible without narrowing the economic gap between Indigenous peoples and the rest of Canadians. The federal Liberal government is well on […]