“How’s the Canadian oil and gas industry doing?” is a small-talk question these days. People on the sidelines expect a positive answer, knowing that a barrel of oil now trades above $70 on global markets and 65-ish in Texas. “Not bad,” I reply. “The top line numbers are improving.” In fact, as a whole, the […]
US oil prices are treading water above $US 60/B (WTI) again, the first time since 2015. Crude oil has a northerly wind in its sails, though everybody on board this fickle ship is cautious about its compass bearing. Since 2013 we’ve seen the price of a barrel peak to $110, capsize to $26, and roll […]
It’s that time of year when we flip our calendars to a new start. For pundits like me, it’s customary to make a listicle about the year to come – the usual predictions about things like OPEC, energy consumption, commodity prices and electric vehicle sales in China. But I decided to fold from that no-win […]
Not long ago, the idea of 18-wheelers pulling cargo with a battery seemed somewhat ludicrous to me. But I’ve changed my mind. In fact, I would argue that electrically-powered wheels may come to the trucking market faster than the world of passenger cars. The reason is simple. Trucking companies—like any capitalist, profit-maximizing institution—make rational purchase […]
