War With Iran Could Send Oil To $250

OilPrice.com 20 May 2019 There has been much talk of an Iran War in recent weeks, but the likelihood of a war, whether intentional or accidental, is relatively small for the simple reason that the leaders of Iran and the U.S. don’t want one. President Donald Trump, who has been remarkably faithful to his campaign […]

The Oil Kingdom Enters A New Era

OilPrice.com 12 May 2019 Saudi Crown Prince Mohammed bin Salman’s largely self-inflicted losing streak appears to have come to an end, and just in the nick of time, with arch-nemesis Iran in the process of consolidating its Shiite sphere of influence to the north of the kingdom and instability growing throughout the Middle East. To […]

Should Kenney Reconsider Trashing Notley’s Rail Plan?

JWN Energy Group’s Daily Oil Bulletin 1 May 2019 To cancel the recently signed contracts with Canadian National Railway (CN) and Canadian Pacific Railway (CP) or not, that’s the question newly-installed Premier Jason Kenney must now answer. To read more: https://www.dailyoilbulletin.com/article/2019/5/1/should-kenney-reconsider-trashing-notleys-rail-pla/

Kenney’s Natural Gas Strategy Leaves Room For Improvement

JWN Energy Group’s Daily Oil Bulletin 25 April 2019 I’m thrilled Alberta will again have a pro-business government in power as of April 30. But Premier-designate Jason Kenney and the United Conservative Party (UCP) will have their work cut out for them, especially to fulfil their campaign promise of getting a “fair price” for Alberta’s […]

New UCP Government Could Bolster Alberta Separatism

JWN Energy Group’s Daily Oil Bulletin 17 April 2019 The NDP has been bounced from power in Alberta. Now the hard part. To get new crude pipeline capacity constructed to tidewater. To read more: https://www.dailyoilbulletin.com/article/2019/4/17/new-ucp-government-could-bolster-alberta-separatis/

A Small Step On The Long Road To Reconciliation

JWN Energy Group’s Daily Oil Bulletin 3 April 2019 I’m thrilled to see the federal and Alberta governments talking about a possible large Aboriginal stake in the Trans Mountain crude pipeline, assuming completion of the expansion project. Potential deals such as this one are an important step in reconciling with our Indigenous peoples after a […]

IEA Underestimates U.S. Oil Production Growth; Important Ramifications For Prices

JWN Energy Group’s Daily Oil Bulletin 26 March 2019 The International Energy Agency (IEA), and other major oil forecasting organizations such as OPEC and the U.S. Energy Information Administration (EIA), have consistently and seriously underestimated U.S. oil production since the Shale Oil Revolution took off in earnest early this decade. To read more: https://www.dailyoilbulletin.com/article/2019/3/26/iea-underestimates-us-oil-production-growth-import/