The global energy crunch continues, marked by surging commodity prices and building speculation around supply. This week, eyes are on China—the world’s largest exporter of goods—as the country grapples with ongoing shortages and their ripple effect across the nation’s economy and key commodities, ... READ MORE >
oil
3 things to know in energy: Legal challenge on drilling suspension, U.S.-Canada pipelines, WTI futures
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week, we take a look at a new challenge to President Biden’s suspension on new oil and gas permits on federal lands, the outlook for American and Canadian oil pipelines in the wake of the Keystone ... READ MORE >
3 things to know this week in energy: Oil prices spike, workforce diversity, Inter Pipeline
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week, we take a look at the driving forces behind the recent two-year high in oil prices, a new report on gender diversity in energy technology and services, and a bidding war over a ... READ MORE >
3 things to know in energy: China fuel tax, crypto mining, LNG outlook
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week, we take a look at a new tax on blending fuels in China, how natural gas production plays into cryptocurrency mining, and the shifting outlook for liquefied natural gas production. Here’s the ... READ MORE >
3 things to know this week in energy: Major cyberattack, oil deals, pipeline permits
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week’s top item is the Colonial Pipeline ransomware attack. Plus, we look at oilfield deal announcements and tensions around a pipeline that runs across Wisconsin and Michigan to Ontario. Here’s ... READ MORE >
Top energy trends for oil and gas companies to watch in 2021
The energy industry faced unprecedented volatility in 2020 and operators were forced to react and adapt to a low-price environment. In 2021, many of those challenges remain as the pandemic continues and the years-long push toward the energy transition accelerates. Oil, gas and other energy companies will ... READ MORE >
3 things to know this week in energy: Canada consolidation, oil prices, and tech invests in renewables
Major tech investment in renewable energy continues, freezing weather in the United States lifts oil prices up and Canada’s energy market sees another major consolidation announcement. Biweekly, we round up news and analysis about three things going on in the energy industry that we think you should ... READ MORE >
CHART OF THE DAY: The rising cost of eating at home and the lower cost of driving
The overall cost of living remains subdued, with the Consumer Price Index rising 1.4% in January. Over the past six months, the headline inflation rate has remained muted and stands below the Federal Reserve’s 2% implicit target necessary for increased demand and sustainable growth. With an economy still ... READ MORE >
The Biden administration’s suspension on federal drilling permits: an explainer
In line with President Joe Biden’s campaign promises, the U.S. Department of the Interior last week under his new administration suspended approvals of new oil and gas drilling permits and leases across domestic federal lands for 60 days. Following the news, some producers experienced a drop in stock ... READ MORE >
Oil prices show unprecedented volatility in 2020, and a path to recovery remains uncertain
The unprecedented imbalance the oil market has experienced for much of 2020 has garnered extraordinary responses from both oil producers and policymakers. Oil and gas companies have been forced to reposition themselves during the downturn in order to prepare for a comeback. Oil prices in the first half ... READ MORE >