Post by
retiredcf on Aug 06, 2021 2:27pm
Two BNN Links
Roger McKnight, chief petroleum analyst at En-Pro International, joins BNN Bloomberg for a closer look at what Canadians can expect to pay at the gas pumps ahead of the weekend. McKnight sees the uptrend in prices continuing as demand outweighs supply in an economic recovery. He also expects the price of crude to go as high as $85/bbl.
https://www.bnnbloomberg.ca/video/gas-prices-will-continue-to-rise-as-demand-exceeds-supply-petroleum-analyst~2255528
Rory Johnston, managing director and market economist at Price Street Inc, discusses the massive gains this year in natural gas prices, currently reaching 2.5 year highs. He talks on how weather changes have prompted this push in energy generation and power demand exceeding seasonal levels. He says that this is the highest natural gas price at this time of the year since 2011 and discusses export demand in the liquid natural gas market.
https://www.bnnbloomberg.ca/video/tightening-in-natural-gas-prices-is-a-global-phenomenon-price-street-s-rory-johnston~2255518
Comment by
GorgeousGeorge1 on Aug 07, 2021 3:36am
Follow on from the above, a free read from energyintel which is a quality subscription publication - https://www.energyintel.com/pages/eig_article.aspx?DocID=1113091&utm_campaign=top-story&utm_medium=site&utm_source=1&utm_content=Oil+Demand+to+Keep+Growing+Despite+Transition-1113091&ts=1