The world is finally waking up to the reality that the Chinese Communist Party has created a unique economic system that prioritizes power over profit, and that for the past decades, the West has fallen behind because Beijing has been playing by its own rules. Watch this panel of experts discuss how this state of play evolved, what’s at stake, and where we can go from here.
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For the United States to realize its foreign policy ambitions, domestic oil demand must be reduced.
In testimony to Congress, Electrification Coalition VP Ben Prochazka made the energy security case for electrifying the U.S. vehicle fleet and retaining the federal EV tax credit.
Already struggling with a lack of pipeline capacity, Canada’s oil industry hit yet another setback with the recent announcement from Enbridge of delays to its Line 3 replacement project.
The U.S. government's goal to knock Iran oil exports down to zero may be boxed in by its own policy towards Venezuela.
While there is a long list of potential factors that could surprise the market in 2019, OPEC+ supply curbs create a tightening baseline that should lead to higher oil prices as the year wears on.
The Eastern Mediterranean has already become a significant source of natural gas production, but fully developing the region’s gas reserves, as well as finding ways to move that gas to market, has been extremely challenging.
In their reasoning behind their recommendations for revising U.S. fuel economy standards, the EPA and NHTSA cite the rising age of the U.S. light-duty vehicle fleet. However, their analysis does not account for how often these vehicles are driven.
Intractable infrastructure problems caused Canada to miss out on the high prices that characterized much of 2018. A majority of Canadians now believe the lack of pipeline capacity has become a crisis as current supply lines are tapped out, storage facilities are at capacity and Alberta has instituted a production cut.
Backed by a host of Latin American countries and the United States, Juan Guaido's declaration of himself as the legitimate president of Venezuela represents the sternest test Maduro has faced to his hold on power—and the oil market has already felt the effects.
Despite a range of uncertainties looming over the oil market this year, there is a growing sense that OPEC+ might be able to succeed in balancing the market after all.
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