Electric Vehicles, or EVs, are an increasingly important variable for world, national, and regional oil demand. EVs, unlike internal combustion engine vehicles, are powered by a battery, with fuel sourced from the electricity grid. EV adoption could therefore reduce crude oil demand. In this article, we’ll discuss the current status… Read more »
Posts Categorized: Blogs
Engie has scrapped its agreement with NextDecade over methane emissions
Platts is reporting that Engie has halted talks with NextDecade over a supply agreement with its Rio Grande LNG. In a written statement to Platts, Engie said “[We have] decided not to proceed with commercial discussions with NextDecade on this gas supply project. We will not be making any further… Read more »
A post-Coal U.S. is in sight
It’s only a matter of time before U.S. coal consumption plummets. In this article, we’ll discuss how coal’s struggles will provide significant opportunities for natural gas and renewables. Upstream woes continue
U.S. LNG: Looking Ahead to Next Summer… and Beyond
It’s been a difficult year for U.S. LNG exporters: we’ve repeatedly said this past summer was the Summer from Hell. Will conditions improve next year, or will we see a repeat of this summer, with dozens upon dozens of cargo cancellations? To look to next summer, let’s consider the 2020/2021… Read more »
Winter is coming: COVID and Petroleum products demand
Scientists have repeatedly warned that colder temperatures in fall and winter could lead to a surge in COVID cases. Initial evidence supports that theory: cases are rising in the United States (especially in many northern states), Canada, and Russia. If COVID cases surge in the winter as predicted, domestic and… Read more »
U.S. Ethane prices in for an uptick?
Ethane prices at Mont Belvieu have been on a roller coaster this year- from the lows of 10 cpg in March 2020, to 25 cpg in August, and more recently back to just under 20 cpg. A similar but more pronounced trend can be observed in the ethane frac-spreads at… Read more »