The U.S. has big plans to export its growing LNG supplies following a major boost in production over the last two years. It has seen demand for its natural gas grow in response to global shortages following the Russian invasion of Ukraine and subsequent sanctions on Russian energy. In...
Following the annual occurrence of extreme weather events in some states in recent years, many Americans are rightly afraid of power cuts over the unprecedented heat we’re experiencing during the summer months. Following years of neglect, the aging U.S. energy infrastructure has proven incapable of withstanding the effects of...
The three North American superpowers appeared to be enhancing their relations following the United States-Mexico-Canada Agreement (USMCA) signing. The USMCA is a free-trade deal established in 2018, which came into effect in 2020. However, relations have become strained. Mexico has increasingly sought to nationalize its energy to achieve greater...
If you want to understand what’s happening in the world, and specifically, the world of energy, one needs only to watch what elites do as opposed to what they say. By this, I’m not talking about their hypocrisy. We do far too much of that, which accomplishes precisely nothing....
While hard work and ambition can make the dream of running a business a reality, they may not always be enough to remain sustainable or cost-effective when trying to grow and expand that business.
Administrative responsibilities such as payroll, benefits, human resources, risk management, and compliance can create time and...
As the conflict in Ukraine rages on, media outlets continue to report Western businesses pulling out of eastern Europe. Undoubtedly, many businesses will seek insurance coverage for losses flowing from the conflict. After all, is this not what insurance is designed to cover? Sudden, unexpected events that cause significant...
On March 17, 2022, the U.S. House of Representatives passed the Forced Arbitration Injustice Repeal (FAIR) Act, H.R. 963. The bill, if enacted into law, would void all pre-dispute mandatory arbitration agreements in employment, antitrust, consumer, and civil rights matters. The FAIR Act also purports to eliminate pre-dispute class...
The fallout from the Russian invasion of the Ukraine in energy markets this week in the form of sharply higher crude oil prices points to the need for an immediate supply solution to the potential loss of crude oil from Russia. Crude oil prices continue to climb, and gasoline...
Desperate to shift blame for the rising gasoline prices his policies have caused, Joe Biden ordered the Federal Trade Commission on Tuesday to investigate specious claims that gas marketers and refiners have engaged in anti-competitive practices. Tim Stewart, President of the U.S. Oil & Gas Association, issued the following...
Latest Oil Market Report :
In its latest Oil Market Report,
the International Energy Agency warned that OPEC’s spare production capacity is dwindling. It said this spare capacity could shrink from some 9 million bpd to less than 4 million bpd next year. It also said this meant more investments in...
