Trans Mountain Pipeline

Oil Prices Fall To Lowest Level In Four Months

Northeast distillate inventories decreased by 19% in the past 3 weeks and are currently 50% below the 5-year average, according to the EIA. “Demand for heating oil has outpaced supply during January’s cold snaps, resulting in a drawdown of stocks… In addition to increased demand from consumers that regularly use oil heat, press reports indicate… Keep reading →

U.S. President Barack Obama

A couple of firsts, and one sloppy second… Some citizens of Sub-Saharan African countries may get access to reliable electricity for the first time. President Obama has announced plans to invest $7 bln over five years to expand access to electricity in Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania, mostly as loans to buy US… Keep reading →