Markham on Energy

Time for Trudeau to support high quality journalism with a Canadian Journalism Fund

Time for Trudeau to support high quality journalism with a Canadian Journalism Fund

Canadian Journalism Fund must have expiration date, exclude pseudo-news organizations like Rebel Media A new public opinion poll shows that Canadians don’t care if newspapers fail, and if they do that the Canadian government should not intervene. Fine, let print news die, the future of journalism is online, anyway. But the Trudeau Liberals should support […]

Tzeporah Berman’s out as Oil Sands Advisory Group delivers report, Phillips shouldn’t repeat mistake

Tzeporah Berman’s out as Oil Sands Advisory Group delivers report, Phillips shouldn’t repeat mistake

Alberta government must stop appointing fire-breathing eco-warriors to provincial advisory groups As of June 30, Tzeporah Berman will no longer be a member of the Alberta government’s Oil Sands Advisory Group. Let’s hope Shannon Phillips has learned a lesson about the political problems that accompany appointing extreme eco-activists to Alberta government committees. When Berman was […]

$2 billion federal Low Carbon Economy Fund hoping to emulate Alberta successes?

$2 billion federal Low Carbon Economy Fund hoping to emulate Alberta successes?

Alberta showing way by helping industry to decarbonize oil sands bitumen, Low Carbon Economy Fund should take same approach The Canadian government announced the $2 billion Low Carbon Economy Fund Thursday, hoping to support innovation and new technologies in a wide range of industries. The funding is spread over five years and at least one […]

Energy Politics

NY Supreme Court Justice to Schneiderman: “You are wasting my time”

NY Supreme Court Justice to Schneiderman: “You are wasting my time”

Justice asked whether attorney generals were using power of government to silence voices that disagree with them by Katie Brown, PhD, EnergyInDepth Late last week, a New York State Supreme justice, clearly frustrated with the shenanigans surrounding New York Attorney General Eric Schneiderman’s #ExxonKnew crusade, “repeatedly expressed impatience with the length of the investigation,” as […]

ExxonMobil: NY Attorney General’s “reckless and false allegations” misstate climate policies

ExxonMobil: NY Attorney General’s “reckless and false allegations” misstate climate policies

ExxonMobil calls out attorney general for distributing filing to media before submitting it to court New York Attorney General Eric Schneiderman made “inflammatory, reckless and false allegations” when he misstated how ExxonMobil assesses the potential impacts of climate policy on its business to justify expanding a politically based investigation with “ever-shifting and unravelling investigative theories,” […]

Sierra Club once again denies science on fracking and groundwater

Sierra Club once again denies science on fracking and groundwater

U.S. EPA 5 year study found no evidence of widespread contamination of drinking water from fracking by Nicole Jacobs, EnergyInDepth In a not-so-surprising move, Sierra Club issued a statement last week disregarding the findings of a recent United States Geological Survey (USGS) study that found fracking is NOT impacting groundwater in three major U.S. shale plays. […]

Energy News

Coal states look for new ways to turn carbon into cash

Coal states look for new ways to turn carbon into cash

Coal states pouring millions into clean coal research Coal states are hoping to create new ways to turn carbon into money-making enterprises after renewables and natural gas have taken a bite out of their market share and the world is moving to reduce its dependence on coal. State governments where coal is a major part […]

Opinion: Oil market flashes warning about stock levels in 2018

Opinion: Oil market flashes warning about stock levels in 2018

Oil market sending strong message to Permian producers to curb drilling By John Kemp LONDON, June 22 (Reuters) – Oil traders have become increasingly doubtful that OPEC will manage to cut crude stocks down to the five-year average in 2018 and keep them there. Calendar spreads for Brent futures throughout the rest of 2017 and […]

Oklahoma earthquake trends likely tied to wastewater injection

Oklahoma earthquake trends likely tied to wastewater injection

2017 forecasted seismic rates still significantly elevated compared with pre-2009 levels According to the U.S. Geological Survey (USGS), the number of earthquakes east of the Rocky Mountains has increased dramatically since 2009, according to the U.S. Energy Information Administration. More earthquakes in these areas have coincided with the increase in oil and natural gas production […]

Texas Life

High costs may push away some Permian Basin investors

High costs may push away some Permian Basin investors

Permian Basin a victim of its own success The booming Permian Basin is the largest petroleum producing basin in the United States and has enjoyed a rush of capital since oil prices began to recover in February of last year. A number of exploration and production companies have flooded the Texas and New Mexico play […]

Tropical Storm Cindy forces closure of some Gulf of Mexico oil output, crew evacuations

Tropical Storm Cindy forces closure of some Gulf of Mexico oil output, crew evacuations

Death of child blamed on Tropical Storm Cindy One child is dead in the wake of Tropical Storm Cindy.  CBS News reports the 10-year old boy died after being struck by a log in a storm surge in the Gulf Coast community of Fort Morgan, Alabama on Wednesday. According the the National Hurricane Center (NHC), […]

Tropical Storm Cindy threatens to hit oil refining, production centres

Tropical Storm Cindy threatens to hit oil refining, production centres

Tropical Storm Cindy affects gasoline prices On Tuesday, oil refining and production facilities braced for the arrival of Tropical Storm Cindy, a system developing in the US Gulf of Mexico that is expected to move inland over western Louisiana and eastern Texas on Thursday. The Gulf Coast storm forced the Louisiana Offshore Oil Port to […]

Energy Financial

Oil prices recover from 10-month lows, but crude glut still weighs

Oil prices recover from 10-month lows, but crude glut still weighs

Oil prices up after “pushed a bit too low”: Energy economist Oil prices rose on Thursday after dropping to 10-month lows on Wednesday, but market sentiment remains down due to the stubborn global crude supply glut that continues despite OPEC’s supply cut agreement. Brent crude futures ended the day 40 cents to $45.22/barrel, after falling […]

Oil prices fall despite drop in US crude stocks

Oil prices fall despite drop in US crude stocks

Oil prices headed for weakest performance for first six months of a year since 1997 Oil prices fell about two per cent to a 10-month low in heavy trading on Wednesday despite data from the US Energy Information Administration that showed a drop in US crude and gasoline inventories. Brent crude futures ended the day […]

Oil prices: Brent to seven-month lows, US crude to nine-month lows

Oil prices: Brent to seven-month lows, US crude to nine-month lows

Oil prices down about 2 per cent Tuesday Oil prices fell about 2 per cent on Tuesday as investors’ concerns about over supply overshadowed news of high compliance with the OPEC supply cut deal. Brent settled at seven-month lows and US crude dropped to its lowest value since September, 2016. At the end of the […]