Source: ww.Dreamstime.com © Yuttana Jeenamool In response to a flurry of mistaken news stories, Mark Twain was once quoted as saying “reports of my death have been greatly exaggerated.” If an oil barrel could talk, it would no doubt be sharing the same sentiment. Not a day goes by when you don’t read a […]
Photo: Peter Tertzakian Make no mistake about it, Canadian gas producers are in an intense market share battle with their American counterparts. Producers in Pennsylvania, Ohio, and Virginia are ramping-up their production, and further encroaching into Western Canada’s traditional markets in the East. Here’s the good news: Canadian producers are well positioned to fight […]
There have been three main accomplishments of the Saudi’s painful, two year, oil market war – (1) increased market share, (2) shrinking non-OPEC production, and (3) the delay of billions of dollars in new project spending around the world. There have also been some unintended consequences including the creation of a more resilient and competitive […]
The oil market is undertaking a great new experiment. Historically, the market has relied on OPEC to “swing-up” their production quickly in the face of a supply shock. But today the cartel is in the process of swinging its taps fully open. In the future, it will be up to North American light tight oil […]
