ARC ENERGY IDEAS

Following the time honored year-end tradition, this week we flip the calendar and present our list of energy market trends and unknowns to watch for in 2019. We also dare to revisit our 2018 list, looking back on how things unfolded.This podcast references past ARC Energy Research Institute commentaries including our 2019 watch list and our 2018 watch list.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week we interview Martha Hall Findlay from the Canada West Foundation about the contentious Bill C-69 that aims to overhaul the review process for major infrastructure projects in Canada. We cover the ins and outs of the Canadian environmental review process, the question of trust, and if the current regulatory process needs to change. The Bill has already passed in the House of Commons and is now sitting in the Senate.Relevant links: Canada West Foundation and Globe and Mail op-ed by MarthaPlease review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week’s episode is about the oil supply cuts. First, the Alberta Government’s historic announcement to curtail output on December 2, and second, the OPEC plus group’s significant decision on December 7 to reduce production levels. We also cover insights from following the COP24 meeting in Poland that kicked off December 4.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week we tackle the most hotly debated question in Western Canada today, should the Alberta government mandate oil production cuts to help clear the local oversupply? Inaction has serious consequences, including the loss of the winter drilling season, job cuts and lost royalty revenue for the resource owner, the citizens of Alberta.This podcast was recorded prior to the Alberta Government's historic decision to curtail the province’s oil production on December 2, 2018. While the podcast predates the announcement, it is still relevant for explaining the decision.The podcast references the recent ARC Energy Research Institute commentary Play Nice in the Sandbox.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week, we interview Todd Hirsch, Chief Economist at ATB Financial. Tune in to hear about the current state of the Alberta economy and the outlook in the near term considering weak oil prices.  Winding up on a positive note with a discussion on Alberta’s strengths,  that could spur new types of investments. This podcast references the ATB Owl Blog to view and subscribe, link here.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Too much oil supply is back, causing global oil price to slide from $US 85/B in October to under $US 70/B now.  This week’s podcast reviews the outlook for global oil supply and the strategy of OPEC plus in the face of low price.This podcast references a figure on the future of global oil supply to 2023. Another related post is OPEC Plus: Still in the Business of Managing the Oil Markets.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

A Montana court has overturned President Trump’s approval of the Keystone XL pipeline.  This week’s podcast reviews the decision and the implications for Canadian oil markets that are facing extreme price discounts due to a lack of pipe capacity. Next we talk about Imperial Oil’s contrarian decision to give a green light to a major new oil sands project, the first major sanction in five years.  Finally, we consider the future of oil sands financing with some European banks refusing to do business with oil sands producers.This podcast references past ARC Energy Research Institute commentaries on Canadian oil price differentials including; Light at the End of the Pipeline and Amidst the Gloom: Positive News Headlines for Canadian Oil.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week’s podcast is about oil and gas innovation, including the strategic implications resulting from the development of low cost North American shale gas and tight oil and the future potential for digital technology to further reduce industry costs.This podcast references the past ARC Energy Research Institute commentary: Deflating the Energy Scarcity Mindset.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Tesla just had a historic quarter; surging Model 3 sales and greater margins on every car sold erased the red ink from the company’s financial statements for the first time in years. On this week’s podcast we review the latest electric car sales statistics, the economics and utility of EV ownership and the implications of a growing electrically powered fleet on the future of oil demand.This podcast references past ARC Energy Research Institute commentaries on EVs and oil demand including; The Biggest Transition Ever, Why Ban the Engine, Old Pistons Die Hard, and End of Oil Narratives are Misleading.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

The US/China trade war, higher oil prices and stumbling emerging markets are causing forecasters to downgrade their economic outlooks for next year. On this week’s podcast we explore the connection between economic growth and oil demand. Then, we dive into Saudi Arabia’s messaging on the unfolding Jamal Khashoggi situation. His death is already impacting geopolitics and could have ramifications for global oil markets too.Lastly, we turn to climate change, talking about the Oil and Gas Climate Initiative (OGCI)  --  a collaboration between 13 oil and gas majors with the goal of decarbonizing oil and gas. What emission sources and technologies are they targeting?Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/