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

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

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

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

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

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