Someone asked me yesterday, “Why didn’t Alberta send someone to the Doha meetings?” I resisted the temptation to reply with a dismissive comment. It was a silly question, but I had to admit that I wouldn’t have minded being a […]
By now, we’ve all received the memo on distress in the oil and gas industry. Daily, depressing blogs, news stories and twitter feeds are diarizing the corporate carnage, project cancellations, idle oilfield activity and 100,000-plus layoffs. The cash drought is […]
The price of Western Canadian Natural gas is getting hammered. At one point last Thursday, a gigajoule of natural gas was trading for only $C 0.65 at Alberta’s AECO hub. By the end of the week it had recovered closer […]
I pulled into the filling station somewhat reluctantly. It was packed with a parade of cars, SUVs and pickup trucks, each jockeying for their turn to nourish their internal combustion engines with a tank of gasoline. I don’t like waiting. […]
“Exciting!” is not a word that most would use to describe the oil and gas business these days. Not with low commodity prices. And not with the assault on fossil fuels by energy systems powered by renewables.
Conferences, meetings or analyst calls – you hear it the same everywhere. The challenging oil and gas price environment has created a new lexicon for characterizing the industry. Here is a guide to the latest industry jargon.
Electric car sales are starting to get traction. Analytically, the numbers are showing growth. But you don’t need a spreadsheet to see the trend. Cars built by Tesla, BMW and others are turning heads at street corners – and turning […]
The price for a barrel of oil is dancing in and out of the $20 range, the first time since 2003. And the analyst chatter is reveling in its bearish tone, skeptical of any meaningful recovery anytime soon, even after […]