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[PUBLIC] Rethinking the Role of the Strategic Petroleum Reserve
Repost of our second contribution to Dispatch Energy on how the US can and should leverage the SPR more strategically in this era of American energy…
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Rory Johnston
Canada’s Zombie Pipeline
Like a zombie, Keystone XL just won’t die; the pipeline is simply too symbolically important to ‘rest in peace’, but even in theory it’s a mixed bag for…
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Rory Johnston
[FREE] The Coming Oil Glut
Repost of a new public report series we are contributing to the Dispatch Energy.
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Rory Johnston
Beijing’s Long-Term Oil Problem
Perceptions of China’s structural foreign fuel dependence are driving both the oil market’s biggest support (SPR buying) and heaviest drag (from…
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Rory Johnston
Why Aren’t Oil Prices Weaker?
Chinese counter-economic stock-building and sanctions-related seaborne logistical woes are absorbing the arrival of surplus supply—at least for now.
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Rory Johnston
Canadian Barrel Goes [Further] Global
TMX has shifted Canadian crude flows west, entrenched China as Canada’s second-largest crude export market, and rerouted flows away from recent growth…
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Rory Johnston
Producing Canadian Supply
How barrels produced in Canada are blended and transformed into the hydrocarbon supply mix that actually hits the North American oil market.
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Rory Johnston
OPEC Operation Tabula Rasa
The producer group is now set to wind up its latest and largest production cut tranche as soon as September—but there will still be ~3.6 MMbpd of…
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Rory Johnston
Iran and Barrel Risk: Three Scenarios
Current oil market context, three scenarios for Israel-Iran oil risk, and why Israel—not Iran—will likely decide the next stage of conflict escalation.
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Rory Johnston
Oil’s Wrinkle In Time
The current shape of the crude oil futures curve is extremely rare and simply cannot last.
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Rory Johnston
Toward a New Demand Normal
Global petroleum product consumption has bounced back from last year’s beleaguered, sloth-like pace but we’re absolutely not yet out of the woods.
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Rory Johnston
OPEC Supply Risk Smaller Than It May Appear
Overproduction—both officially acknowledged and not—front-runs much of the official return of OPEC+ supply, leaving us in a weaker position today than…
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Rory Johnston
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