7 h. ago Canadian natural gas prices could climb 60% this year as LNG exports ramp up, Deloitte predicts

At the current pace of drilling and investment it could take four to seven years for Canadian producers to meet demand from LNG export projects, the report says

Economics

10 h. ago Alberta natural gas expected to see jump in prices next year thanks to LNG exports: report

The Alberta benchmark AECO price is expected to average $2.20 per mmBTU in the second half of this year and then rise to an average of $3.50 per mmBTU in 2026.

Economics

22 h. ago European Natural Gas Prices Steady as US Tariff Deadline Nears

European natural gas prices steadied as traders eyed US President Donald Trump’s fast-approaching tariff deadline and the impact levies will have on global economic activity.

Economics

8 d. ago Australia Cuts Commodity Export Outlook Despite Gold Price Gain

Australia cut its forecast earnings from commodity exports, as a meteoric rise in gold prices fails to offset weakness in iron ore and natural gas.

Economics

1 week ago California energy regulator recommends pause on plan to penalize excess oil profits

SACRAMENTO, Calif. (AP) — California should pause Gov. Gavin Newsom’s plan to penalize oil companies if their profits climb too high, a top energy regulator said Friday while unveiling proposals aimed at addressing high gas prices. The Democratic governor signed a law in 2023 giving the California Energy Commission the authority to penalize oil companies […]

Other

1 week ago Europe Gas Set for Biggest Weekly Drop in Two Years as Risks Ebb

European natural gas prices are headed for their biggest weekly retreat in almost two years after supply fears linked to tensions in the Middle East eased.

Economics

1 week ago What could gas prices look like ahead of Canada Day weekend?

Motorists may soon benefit from falling oil prices as markets digest news from U.S. President Donald Trump that a ceasefire is imminent between Iran and Israel.

Economics

2 w. ago What is the Strait of Hormuz, and what would it mean for Iran to close it?

The narrow body of water handles a large percentage of the world's oil tanker travel, so its fortunes are closely tied to the price of gas

Other

2 w. ago Canada just got a hexagonal coin so expensive you can pay it off in installments

Calling all bee lovers with money to spend — Canada has a new buzzing honeycomb-shaped coin.The Royal Canadian Mint released the Nature's Delight: Honey Bee – 1 oz. Fine Silver Coin with an intricate design inspired by nature's pollinators."Known to be efficient both in instinct and design, the honeybee and its comb are beautifully adorned with yellow gold plating on this 99.99 per cent pure silver coin, which, fittingly, features the popular hexagon coin shape that mimics the natural design of a honeycomb cell, widely considered to be nature's perfect structure," reads the coin's description.The designDesigned by Canadian artist June Steube, the background is inspired by the centre of daisies and black-eyed Susans, which typically serve as a landing pad for honeybees.The overhead view of the bee was intentionally chosen to show off its detailed wing pattern. Collectors can spot the honeycomb pattern in the background between the flower petals, ...

Other

2 w. ago Goldman Flags Scope for Higher Oil and Gas on Mideast Scenarios

Goldman Sachs Group Inc. flagged the possibility of higher oil and gas prices after the US struck Iran, even as the bank’s base-case outlook hinges on major disruptions to supplies from the region.

Other

2 w. ago ELDER: Democrats bury heads in the sand as Trump tackles Iran crisis

When it comes to criticizing President Donald Trump and refusing to give credit for virtually anything, it’s full speed ahead for Democrat politicians.  On the economy, Axios just reported: “The stock market had been recently scraping new highs … The unemployment rate was 4.2%, and inflation was well-contained near the Fed’s 2% target.” Gas prices […]

Other

2 w. ago Lower Gas Prices to Spur Record July Fourth Road Trips, AAA Says

A record number of US drivers are expected to hit the road for the July Fourth holiday period starting next weekend, helped by the cheapest gasoline in four years.

Economics

2 w. ago Oil price hike ‘astronomical’ if Iran’s crude hit: Rory Johnston

Watch: How political instability in the Middle East could affect oil prices

Economics

2 w. ago Keyera says $5.15B deal to buy Plains’ Canadian business to help energy security

CALGARY — Keyera Corp. has agreed to buy the Canadian natural gas liquids business of U.S. firm Plains for $5.15 billion in cash, a deal the Calgary-based infrastructure player says will help boost this country’s energy security and economic resilience. The assets under the deal include 193,000 barrels per day of “fractionation capacity,” where gas […]

Economics

2 w. ago European Gas Rises for Sixth Day With Hormuz Traffic in Focus

European natural gas prices extended gains for a sixth day, the longest streak in almost four weeks, as the conflict between Israel and Iran raises concerns over vessel traffic via the Strait of Hormuz, a key energy trade route.

Economics

3 w. ago Why have gas prices gone up recently, and will they keep climbing?

Prices have spiked in recent weeks for crude oil, as well as fuels like gasoline at pumps, and although tensions in the Middle East are a big factor, there is more to the equation.

Economics

3 w. ago European Gas Prices Rise With Middle East Conflict Intensifying

European natural gas prices extended gains as fears of a wider war in the Middle East continued to dominate energy markets.

Economics

3 w. ago Rising oil prices on Israel attack on Iran could revive Canadian dollar’s ‘petrocurrency status,’ analysts say

Crude at US$75 a barrel is above the breakeven production point for Canadian oil producers

Economics

3 w. ago European Gas Prices Jump as Middle East Risk Returns to Market

European natural gas prices surged after Israel carried out a wave of strikes against Iran, raising fears of a wider war in a region that’s key to global energy supplies.

Economics

3 w. ago Quebec government scraps gasoline floor price to boost competition

Quebec has kept its cap-and-trade carbon pricing system that adds about 10 cents to the price of a litre of gasoline, and currently has among the highest gas prices in Canada.

Politics