ARC ENERGY IDEAS

The Trump Administration announced the United States would not extend the sanction waivers for countries importing Iranian crude oil. This week’s podcast ponders the implications from the lost Iranian barrels along with other factors shaping global oil markets including US production, OPEC plus supply, and world demand growth.This podcast references Saudi Aramco’s Prospectus for their recent bond offering.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

The Permian Basin has made the United States the world’s largest oil producer. The oil field is now the biggest in the world, producing more than Ghawar in Saudi Arabia.  This week’s podcast gives an on-the-ground perspective of the the giant oil play.As referenced in the podcast, here is a link to ARC commentary and trip photos, Betting on More Growth from the Permian. Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

Alberta voted for change on April 16th giving Jason Kenney’s United Conservative Party (UCP) a majority win. This week’s podcast reviews the UCP’s energy platform, providing a guide of what to expect next. Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week we interview Evan Wilson from the Canadian Wind Energy Association. Evan talks about the potential for more low cost wind farms in Saskatchewan and Alberta. Both provinces have excellent wind resources and require new generation projects due to the phase out of coal power. We explore the pros and cons of wind, and the potential for new commercial models that industrial consumers and communities may start to procure wind power directly.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week we interview Ian Anderson the President and CEO of Trans Mountain Corporation, the proponent of the hotly debated TMX pipeline expansion project. Ian explains the history of the existing pipeline -- which moves crude oil and refined products from Alberta to Canada’s West Coast -- and the planned expansion project. The discussion covers a range of topics, including the Canadian government’s historical decision to buy the pipeline last year, indigenous consultation and the next steps in the lengthy process. Ian helps clarify the facts on marine safety, explaining why the TMX has some of the most rigorous marine safety practices in the world. As referenced in the podcast, here is a link to the National Energy Board’s February 2019 Reconsideration Report that is over 600 pages long and contains detailed information on the project.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

The energy world’s top leaders and influencers recently gathered in Houston for the annual IHS Markit CERAWeek. In this week’s podcast we discuss the major themes and takeaways of the conference that is often called the Super Bowl of the energy industry. As referenced in the podcast here is a link to videos of CERAWeek 2019, also see related ARC commentary CERAWeek 2019: Trends and Transitions.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week we interview Alex Pourbaix the President and CEO of Cenovus Energy, Canada’s largest SAGD oil sands producer. Alex explains that the oil sands are not what they used to be; new barrels are lower cost and lower carbon. The discussion covers a range of topics including; the Alberta Government’s production curtailment, pipelines and crude-by-rail, plus the potential for lower cost rail modalities in the future.  We finish on the contentious Bill C-69 that aims to overhaul the review process for major infrastructure projects in Canada.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

ARC Energy Research Institute debated Carbon Tracker on the risks of investing in fossil fuels at the Globe Capital Conference in Toronto last month. This week’s episode outlines the arguments and outcome of the debate. Next, we debunk the Economist February 6, 2019 lead article titled, “Crude awakening: The truth about Big Oil and climate change." The publication mistakenly argues that policy makers should stop the growth of oil production from companies like ExxonMobil to combat climate change.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

This week’s podcast covers the latest twist in the Canadian oil pipeline saga, the delay in the Enbridge Line 3 Replacement Project. The postponement increases the call on crude-by-rail from Alberta. We also update the status of the other major Canadian oil pipeline projects, the TMX and the Keystone XL.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/

The Chinese economy is still very consequential to energy and oil demand, making up one-third of all global growth. In this week’s podcast, we consider the implications from slower Chinese economic growth and more electric vehicles. Next, we cover highlights from the recently released BP Energy Outlook, including how a single use plastic ban could impact oil demand.This podcast references a chart comparing China Total Energy Demand vs Population. It also references past ARC commentaries, including the energy blog and pictures from Jackie’s summer vacation in China (China’s Energy Market: My View from the Bullet Train) and ARC’s past research on how a global ban on the sales of the internal combustion engine by 2040 would impact oil demand (The End of Oil Narratives are Misleading).Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/