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By Phil Flynn |
June 6, 2013
Oil supply plunged last week by a whopping 6.3 million barrels last week. That drop was dramatic but we still are ending the month of May with supplies at a 10-year high -- as opposed to the 81-year high last week.
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By Alan Bjerga and Jen Skerritt |
May 23, 2013
Canada vowed to escalate a dispute with the U.S. over plans to impose stricter country-of-origin labeling rules for meat.
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By Jeremy van Loon and Rebecca Penty, Bloomberg |
May 22, 2013
Oil pipelines, under attack from environmentalists, are essential to Canada’s economic growth just as railroads were in the 1880s, Enbridge Inc. Chief Executive Officer Al Monaco said.
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By Laura Litvan and Andrew Mayeda, Bloomberg |
May 3, 2013
President Barack Obama is being pressed by opponents of the Keystone XL pipeline to tie any approval to measures that would curb climate change, reflecting mounting pressure on the administration to mitigate the project’s impact if it goes forward.
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By Jim Snyder, Bloomberg |
April 18, 2013
TransCanada Corp.’s new route for its Keystone XL pipeline, aimed at easing residents’ concerns, drew some of the same complaints at a hearing from activists and Nebraska landowners who said it remained a threat to land and water.
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By Phil Flynn |
April 8, 2013
Natural gas broke out above $4.00 in decisive fashion as the trade seemed to embrace the fact that Goldman Sachs has upped their natural gas forecast and catching up with the bottom that I called in January.
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By Joe Carroll and Rebecca Penty, Bloomberg |
April 3, 2013
Canada is pulling ahead of the U.S. in a contest to be the first exporter of liquefied natural gas from the North American shale bonanza to Asia’s $150 billion LNG market.
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By Derek Wallbank, Bloomberg |
March 15, 2013
U.S. House Republicans won’t wait for President Barack Obama to issue a decision on the Keystone XL pipeline. They plan to vote by the end of May on legislation that would sidestep the White House.
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By Phil Flynn |
January 30, 2013
Oil prices are on the rise as the euro soars in a sign that traders believe the worst may be over in Europe and the Fed will continue to be accommodative.
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By Phil Flynn |
January 16, 2013
Well it may not have really felt like it to the Canadian oil producers but according to the International Energy Agency 2012 report, the price of oil averaged $112.00 a barrel, the highest price in history.
