Glacier Media’s Daily Oil Bulletin 28 May 2020 Premier Jason Kenney backstopped TC Energy’s Keystone XL (KXL) pipeline with $7.5 billion of Alberta’s money at the end of March to ensure a positive final investment decision (FID) and construction on the project to start in April. To read more: https://www.dailyoilbulletin.com/article/2020/5/28/lauerman-premier-kenneys-risky-gamble-on-keystone-/Read More Premier Kenney’s Risky Gamble On Keystone XL
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 […]Read More Shrewd Move By Irving Oil An Indictment On The Feds
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 […]Read More Oil Price War Series 4.0 Part 5 – Putin’s Masterstroke
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 […]Read More Oil Price War 4.0 Series Part 4 – Canada As Collateral Damage
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, […]Read More Oil Price War 4.0 Series Part 3 – Major Wildcards
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 […]Read More Oil Price War 4.0 Series Part 2 – Clash Of The Oil Titans
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 […]Read More Oil Price War 4.0 – Longer and Deeper?
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 […]Read More Economic Reconciliation The Wrong Way
JWN Energy Group’s Daily Oil Bulletin 10 February 2020 Results from the Democratic Party’s presidential caucus in Iowa may be muddled, but it is crystal clear that two of the front runners for the nomination, Senators Bernie Sanders and Elizabeth Warren, will do all in their power to shut down the U.S. shale industry if […]Read More Danger Of An Anti-Fracking U.S. President
JWN Energy Group’s Daily Oil Bulletin 27 January 2020 Market players have been extremely blasé about the large disruption to Libyan oil output since January 19, with the price of international marker Brent crude actually dropping more than two dollars a barrel … Hence, an extended loss of Libyan light, sweet crude, either now or […]Read More Is Libya Rope-A-Doping Global Oil Market?