(Investor’s Business Day, 29.Dec.2022) — U.S. diesel prices hit all time highs in 2022 as demand surged and supplies of the critical heating and transportation fuel tightened. However, analysts expect diesel prices to come down in 2023, even as supplies will remain tight. So Ed, why don’t we start with […]
Tag: Keystone XL Pipeline
FACT BOX: Keystone Pipeline System [MAP]
(TC Energy, 29.Dec.2022) — The Keystone Pipeline System, stretching 4,324 km (2,687-miles) in length, plays a key role in delivering Canadian and U.S. crude oil supplies to markets around North America. The Canadian portion of the pipeline runs from Hardisty, AB, east through Manitoba where it turns south and crosses […]
Purchase Oil From Canada, Not Venezuela
(Forbes, 24.Mar.2022) — Gasoline prices are reaching record highs and Russian oil imports are ending. As the Biden Administration makes overtures to Venezuela to request more oil, Alberta Premier Jason Kenney asks why the Administration doesn’t contact him. Canada’s province of Alberta is home to 165 billion barrels of oil, the […]
TC Energy Confirms Termination of Keystone XL Pipeline Project
(TC Energy, 9.Jun.2021) — TC Energy Corporation (TSX, NYSE: TRP) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the government of Alberta, it has terminated the Keystone XL Pipeline Project. Construction activities to advance the project were suspended following the revocation of […]
Keystone XL Commits To Renewable Energy
(TC Energy, 17.Jan.2021) — TC Energy Corporation today announced a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero emissions across the project operations when it is placed into service in 2023 and has committed the operations will be fully powered by renewable energy […]
Citgo Without CEO After Martinez Leaves
(Energy Analytics Institute, Piero Stewart, 17.Feb.2017) – Citgo Petroleum Corporation has yet to the report on a possible replacement to head the company after its CEO and President Nelson Martinez was appointed as Venezuela’s Oil Minister by the country’s President Nicolas Maduro. The appointment leaves Citgo, the Houston-based refining arm […]