DOB Energy Podcast: Tariffs, Trade Wars, And The Outlook For Oil And Gas Prices
Published March 13, 2025
DOB Energy is debuting its fresh podcast, The Newsroom, today.
Editor Richard Macedo, alongside reporters Josh Skapin and Cathryn Atkinson, will engage with energy industry leaders to discuss the day’s most pressing energy topics.
In the premiere episode airing today, Richard sits down...
March 5, 2025
Discount on Western Canada Select heavy crude narrows
Published by: Amanda Stephenson
The discount on Western Canada Select (WCS) heavy crude relative to West Texas Intermediate (WTI) narrowed slightly on Wednesday, following the implementation of U.S. tariffs on Canadian and Mexican goods. WCS for April delivery settled at $13.60 per barrel under WTI, compared to $13.70 the previous day.
“The Canadian heavy crude market had a “knee-jerk reaction” to the tariffs immediately following their implementation, said...
February 26, 2025 Natural Gas Intelligence
Canadian Natural Gas Storage Shrinks from Record Levels, but Price Response Muted
By Kevin Dobbs
The February deep freeze across central North America drove a surge in natural gas consumption in Canada, leading to significant withdrawals from storage, particularly in Alberta and Ontario. By mid-February, Canadian storage had dropped significantly, with Alberta recording its third-largest withdrawal for the month in 30 years and Ontario its fourth-largest since 2010.
“At the start of this week, RBN...
February 15, 2025
Houston's Oldest Refinery Is Shutting. It Won't Be the Last.
By Barbara Powell and Nathan Risser
LyondellBasell Industries NV is shutting down Houston's oldest refinery, originally built in 1918, due to the high costs of modernization and declining fuel demand. The closure reflects broader industry trends as gasoline consumption in the U.S. peaked five years ago, and the shift to cleaner energy reduces demand for traditional fuels.
“To stay viable, Lyondell would have had to sink significant capital – as much...
February 7, 2025
Discount on Western Canada Select heavy crude narrows
By Reuters
The discount on Western Canada Select (WCS) heavy crude to West Texas Intermediate (WTI) narrowed to $13.50 per barrel on Friday from $13.95 on Thursday. Analysts noted that Canadian heavy crude prices have remained stable despite U.S. tariff concerns. President Trump paused a planned 10% tariff on Canadian oil for 30 days in exchange for concessions.
The discount on Canadian crude has not widened to the point that it poses a problem for the Canadian oil industry,...
