Global oil markets are pricing in a risk premium of $7 to $10 a barrel in the wake of Iran’s drone attacks on Israel over the weekend, posing the single largest risk to the current global economic recovery. Despite in the rise in the risk premium, reflected in futures markets, early trading in oil ... READ MORE >
natural gas
Natural gas and the move toward energy self-sufficiency
The major move toward energy self-sufficiency in the United States and in Europe in recent years has been the development of the U.S. natural gas industry and the export of liquefied natural gas to our allies. Natural gas accounts for roughly 30% of the energy used domestically, and the U.S. is now ... READ MORE >
This week in energy: OPEC+ cuts, battery factories, carbon capture
In this week's energy industry analysis, we take a look at the recent OPEC+ production cut decision, the U.S. government stepping up investment and policy support around battery manufacturing, and the landscape of carbon capture incentives in Canada. OPEC+ cuts cause supply scramble After over five ... READ MORE >
Energy shock: Potential impact of Russian invasion of Ukraine
A tight oil market and potential spillover from geopolitical competition has unnerved investors over the past few months, sending oil prices to elevated levels not observed in years. The price of oil has almost doubled since the start of last year and, given current tensions, is poised to move higher. ... READ MORE >
This week in energy: Oil releases, Ukraine tensions, Canada investments
In this week's energy industry analysis, we take a look at the release of more oil from U.S. strategic reserves, the swing in natural gas prices amid tensions between Ukraine and Russia, and an anticipated spike in oil and gas investment in Canada. Efforts continue to boost oil supply The U.S. ... READ MORE >
This week in energy: US LNG capacity, Canada pipelines, Europe’s natural gas supply
In this week's energy industry analysis, we take a look at the anticipated growth of U.S. liquefied natural gas production, the impact of the British Columbia floods on pipeline operations in Canada, and fears of a natural gas supply disruption in Europe. Growth expected for US LNG exports After ... READ MORE >
The Permian Basin leads U.S. shale production recovery
Until recently, U.S. shale producers across the board have exercised production restraint due to market uncertainty and pressure from investors to practice capital discipline, but now a production surge in the prolific Permian Basin is leading recovery in the country’s shale patch. As the energy crunch ... READ MORE >
A bumpy path toward a net-zero future
As world energy leaders prepare to kick off a major United Nations conference on climate change on Sunday, the global energy crunch has added a new wrinkle to their ambitions: Nations, to keep their economies on track, are turning back to high-emissions coal as natural gas falls into short ... READ MORE >
Global natural gas prices hit record as middle market girds for difficult winter
Global natural gas prices have climbed to record highs amid soaring demand fueled by the reopening of the economy and tight supplies. As power outages halt manufacturing and threaten climate commitments, businesses and consumers should brace themselves for a difficult winter. Middle market firms ... READ MORE >
Natural gas shortage and soaring prices threaten economic growth
Soaring natural gas prices point to an energy shortage across the globe, from the United States to Europe and China. The crunch has the potential to turn into a crisis if not managed, and has already caused industrial and residential power outages, threatened economic growth and jeopardized climate ... READ MORE >