As an electric vehicle owner, there is no doubt in my mind that pure-battery models are close to the mass adoption tipping point, except for one major barrier. The lack of charging infrastructure. It’s not just the sparsity of where to charge, it’s the plug-in type that’s problematic too. EVs work well. Compared to combustion […]
ARC’s “Fiscal Pulse” model tracks trends in product volumes, prices, costs, money flows, profitability and capital efficiencies for the Canadian upstream oil and gas industry. This week’s SnapChart shows our estimates of the fiscal cycle for 2020. No surprise, the fiscal pulse has slowed because of low oil prices. The Fiscal Pulse starts when oil and gas is produced and sold for […]
This week’s SnapChart shows the precipitous fall of US gasoline demand as a result of the Coronavirus lockdowns. In just a few weeks gasoline consumption was cut in half, from 9.5 to 5 MMB/d. But starting in May, the unprecedented situation has started to turn around. Traffic is returning to American freeways and gasoline consumption has already rebounded 30 percent off the bottom. With more States relaxing their stay-at-home orders this month, American’s should be itching to hit the road. Commuting traffic is starting to inch back. The Memorial long […]
Coronavirus has put half of the world’s population into lockdown. People are not commuting to work, traveling by air or road, shopping, going to events or eating out. The global economy has literally ground to a halt. Oil demand has collapsed as a result, dropping about 30 percent compared to before the pandemic. Natural gas […]
