The Federal Reserve and other central banks have long been the unchallenged drivers of financial markets and the business cycle. “Don’t fight the Fed,” goes one Wall Street adage. That Continue Reading
Summary of Weekly Petroleum Data for the week ending January 10, 2020 U.S. crude oil refinery inputs averaged 17.0 million barrels per day during the week ending January 10, 2020, Continue Reading
With tensions in the Middle East high, I have fielded a number of queries on how this might impact the world’s oil markets. Today I want to explore that issue. Continue Reading
US coal carloads were at 70,831 in the week ended January 11, up 1.5% from 69,757 a week earlier, but 18.6% lower than 87,228 in the year-ago week, the Association Continue Reading
TC Energy Corp. plans to begin pre-construction work on the Keystone XL oil pipeline next month, moving the long-delayed project forward even as opponents continue to fight it in court. Continue Reading
U.S. shale growth may be slamming on the breaks, although analysts differ over how significant the slowdown will be. The EIA says that U.S. shale growth will slow down this year, but the Continue Reading
Weak natural gas prices amid abundant supply and a falling rig count across the United States will slow down U.S. natural gas production growth this year, and some basins will Continue Reading
Temperatures of -30 degrees Celsius and lower have descended on Alberta and Saskatchewan – cold enough to render the region’s viscous oil rock solid. (Bloomberg) — An arctic blast sweeping Continue Reading
The Thomas Fire, which devastated parts of Ventura and Santa Barbara counties in December 2017, was one of the largest fires in California history. Investigators determined the blaze was ignited Continue Reading
Germany’s economic growth slumped to a six-year low in 2019 as the export powerhouse faced challenges in its flagship car industry, persistently slowing Chinese growth and global trade conflicts, a Continue Reading
