JWN Energy Group’s Daily Oil Bulletin 31 July 2019 The Alberta natural gas industry is in dire straits. In an open letter to Premier Jason Kenney, nine CEOs of primarily gas-producing companies recently begged the Alberta government to consider some sort of royalty tax credit scheme to support a voluntary curtailment plan in an attempt […]Read More Radical Route Needed To Boost Alberta Gas Industry
OilPrice.com 23 July 2019 The political fortunes of the Kurds have ebbed and flowed over the decades. After a good run since achieving semi-autonomy in northern Iraq following the 1991 Gulf War, shifting Middle Eastern alliances and inconsistent, if not incomprehensible, U.S. foreign policy are again working against the interests of the Kurdish people in […]Read More Is This The Next Big Oil Disruption In The Middle East?
JWN Energy Group’s Daily Oil Bulletin 15 July 2019 It’s hard not to respect people who look adversity in the face and appear to laugh at it. The Trudeau government passed Bill C-48 and Bill C-69 into law in late June, effectively banning crude oil exports from ports in northern B.C. and upping the regulatory […]Read More Eagle Spirit Energy Corridor Could Kill Four Birds With One Stone
JWN Energy Group’s Daily Oil Bulletin 8 July 2019 Isn’t it ironic? Norway is viewed as a paragon of environmental virtue and Canada an energy pariah, despite both being major producers and exporters of oil and gas. To read more: https://www.dailyoilbulletin.com/article/2019/7/8/canada-should-follow-in-norways-energy-footsteps/Read More Canada Should Follow In Norway’s Energy Footsteps
OilPrice.com 7 July 2019 The possibility of Iran attempting to close the Strait of Hormuz to tanker traffic has increased significantly in recent weeks, as has the possibility of a Persian Gulf War, especially with the Islamic Republics’ intentional destruction of a U.S. surveillance drone on June 20. To read more: https://oilprice.com/Energy/Energy-General/Persian-Gulf-Conflict-Could-Send-Oil-Beyond-325.htmlRead More Persian Gulf Conflict Could Send Oil Beyond $325
JWN Energy Group’s Daily Oil Bulletin 20 June 2019 The Notley government’s crude oil curtailment program, backed by the opposition United Conservative Party, to reduce a glut of oil in storage in Western Canada and bolster catastrophic regional prices, was to run from January to December of this year. The program’s sunset clause was predicated […]Read More Alberta’s Crude Curtailment Program Could Be Prolonged Affair
OilPrice.com 13 June 2019 Much has been made of President Vladimir Putin’s recent claim that crude oil prices are acceptable at present levels, and the Russian economy could even weather $40 per barrel. Many oil market “tea leaf readers” have taken this to mean Putin has caved to the demands of his country’s oil oligarchs […]Read More Putin’s $40 Oil Lie