Last year at this time I made some predictions for the coming year. Like many crystal ball gazers, I was made to look like a fool. Then again, who could have predicted the pandemic, save Dr. Fauci? I’ll give it another try this year, offering my energy-related thoughts for 2021. But this time, I’ll make […]
On Monday US President Trump tweeted that “OIL (ENERGY) IS BACK!!!!” He’s right: oil is no longer being given away for free. Benchmark prices have clawed their way above $30-a-barrel for the first time since early April. But few would be convinced that THE NORTH AMERICAN OIL INDUSTRY IS BACK!!!! The devastating effects of the pandemic—forced production shut-ins—could put Canada and the United States on a regressive path toward dependency on “foreign oil,” a historically disparaging term. Let’s flip the calendar back to […]
What does our energy future look like? Right now, I feel like I’m already in the future, in some sci-fi movie. You know the genre, where people are trapped in a cyber-stoked parallel reality. The pandemic highlights the extent to which we are captive to our computers, living much of our lives in a surreal, […]
The 2020 Olympics have been deferred, but the Geopolitical Oil Games are full on. Who will stand on the gold podium? Saudi Arabia, Russia or the United States? Will countries like Canada, Brazil or Norway even place? The rules of this game are simple. Major oil-producing jurisdictions negotiate, form alliances and collude on curtailing production. […]
