Tag: United States
United States, Canada, and Mexico launch North American Energy information website
Canada is largest source of US natural gas and oil imports At the North American Energy Ministerial on Nov. 14 in Houston, Texas, United States Secretary of Energy Rick Perry, Canada’s Minister of Natural Resources James Carr, and Mexico’s Secretary of Energy Pedro Joaquin Coldwell launched the North American Cooperation on Energy Information (NACEI) website, according […]
Column: US traffic volumes growth slows as oil prices rise
Traffic volumes growth less than 1 per cent, down from 4-5 per cent in 2016 By John Kemp LONDON, Nov 21 – Traffic volumes on US highways are at record levels but the rate of growth is slowing as the earlier impetus from lower gasoline prices fades and motoring costs rise. US motorists drove a […]
‘The Trump Shadow: The New Urgency of Business Tax Reform in Canada’ – Conference Board of Canada
Canada’s business investment has been weak for a number of years By Natasha Jamieson, Conference Board of Canada Amid the shadow of tax reform legislation in the United States and the need to boost business investment at home, Canada should look to reduce the tax burden on businesses of all sizes, according to a new […]
Trump visits Beijing championing LNG exports, Alaska signs deal with China
Chinese LNG demand could reach 330 bcm by 2020, up from 206 bcm in 2016 The Trump administration has been championing U.S. energy exports as its preferred instrument for narrowing its trade deficit in the wake of the U.S. shale boom, according to Wood Mackenzie. A combination of rising export capacity in the U.S., LNG […]
US gasoline production running at near record levels
After record-setting year in 2016, motor gasoline demand remained relatively high in 2017 Gasoline production by US refiners and blenders has run near record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range. US gasoline inventories also […]
Canadian hydro-electric exports to US growing because of state renewable energy targets
Exports of Canadian hydro power growing, but revenue shrinking because of lower prices Since 2012, eastern Canada has been the source of about 70 per cent of Canada’s electricity export volumes, according to a National Energy Board press release. The remaining 30 per cent originate from western Canada. Most eastern Canadian exports are from Quebec and […]
Wind energy continues rapid growth in 2016 – US Dept. of Energy
Texas, Oklahoma, and Iowa lead the nation in wind energy The Energy Department released three wind market reports demonstrating continued growth in wind energy nationwide. America’s wind industry added more than 8,200 megawatts (MW) of capacity last year, representing 27 per cent of all energy capacity additions in 2016. In 2016, wind supplied about 6 […]
European oil majors invest in US offshore wind energy
US offshore wind arena less crowded than Europe A number of European oil majors are moving into the US offshore wind market, bringing with them experience in deepwater development and leaving behind the crowded offshore wind industry at home. Statoil, Norway’s national oil company, won a license to develop a wind farm off the coast […]
Opinion: US gasoline surplus eliminated by trade flows
US gasoline surplus resulted in low prices, increased exports By John Kemp LONDON, July 20 (Reuters) – The US gasoline surplus has disappeared thanks to a sharp drop in prices which has caused imports from Europe to slow and exports to Latin America and other markets to accelerate since the start of June. US refineries […]
Global gas demand rising to 2022 as US drives transformation – IEA
Intense competition loosening pricing and contractual rigidities that characterize long-distance gas trade The global natural gas market is undergoing a major transformation driven by new supplies coming from the United States to meet growing demand in developing economies and industry surpasses the power sector as the largest source of gas demand growth, according to the […]
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