Oil
Why unlocking Venezuelan oil won’t mean much for US energy prices
Why unlocking Venezuelan oil won’t mean much for US energy prices Venezuela’s oil industry has experienced significant turmoil over the years, including a steady downward spiral since 1998, due to factors such as economic downturns, populist leaders, and sanctions. The US has seized control of Venezuela’s oil production, but it’s unlikely to have a significant […]
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US oil industry doesn’t see profit in Trump’s ‘pro-petroleum’ moves
US oil industry doesn’t see profit in Trump’s ‘pro-petroleum’ moves The US oil industry is skeptical about President Trump’s “pro-petroleum” moves, despite his efforts to promote domestic fossil fuel production. The financial picture around oil and gas drilling is not promising, with declining oil prices reducing the attractiveness of many drilling investments and unconfirmed reserves […]
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Black-market oil buyers will push Venezuela for bigger discounts following US seizure – starving Maduro of much-needed revenue
Black-market oil buyers will push Venezuela for bigger discounts following US seizure – starving Maduro of much-needed revenue The US has seized an oil tanker off the coast of Venezuela, which is expected to further squeeze the country’s economy and starve President Nicolás Maduro of much-needed revenue. The tanker, called the Skipper, was heading to […]
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‘Loyal to the oil’ – how religion and striking it rich shape Canada’s hockey fandom
‘Loyal to the oil’ – how religion and striking it rich shape Canada’s hockey fandom The Edmonton Oilers’ connection to oil and religion has shaped Canada’s hockey fandom, with fans pinning their hopes on the team for redemption and national pride. Hockey is often referred to as “more than a game” in Canadian culture, with […]
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