Arlington, Virginia – September 26, 2016 – EVA has released its Monthly Short-Term Crude Oil and Petroleum Products Price Forecast report. Building on last month’s report, market’s main concern is the timeline for a re-balancing of supply and demand in the market. IEA and OPEC are now looking at 2018 which is more in line […]
The CPP Goes to Court: Update on the litigation of EPA’s Clean Power Plan
After months of anticipation, EPA’s Clean Power Plan (CPP) – one of the most watched environmental regulations coming out of Washington, DC – finally had its first day in court on September 27. This newsletter summarizes the Clean Power Plan and the legal issues at stake, previews the remaining schedule for the litigation, and highlights […]
Michael Schaal to keynote the Platts Pipeline Development and Expansion Conference on September 29 in Houston
Arlington, Virginia – September 14, 2016 – Michael Schaal will speak at the keynote session at the Platts 11th Annual Pipeline Development and Expansion Conference, to be held September 29-30 in Houston. Michael will be kicking off the conference with, “Oil and Natural Gas Pricing Report.” Michael will be providing an overview of the current […]
New York’s Clean Energy Standard puts the state (back) at the forefront of fighting Climate Change
On August 1, 2016, New York’s Public Service Commission presented the Clean Energy Standard (CES). New York’s latest policy achievement to combat climate change will require 50% of the state’s 2030 electricity consumption to come from renewable energy sources and provide financial incentives to at-risk upstate nuclear power plants for their carbon-free electricity. The 50 […]
EVA’s Monthly Crude Oil and Petroleum Products Price Forecast Released
Arlington, Virginia – August 26, 2016 – EVA just released its Monthly Short-Term Crude oil and Petroleum Products Price Forecast report. A current issue in the market is the timeline for when supply and demand could eventually balance. EVA’s view is that the market will not be in balance until YE2017, which notably contrasts the […]
EVA’s August Monthly Natural Gas Price Forecast Released
Arlington, Virginia – August 26, 2016 – EVA has released its monthly forecast of the U.S. natural gas markets with related prices for the month of August. With Summer coming to its conclusion for the year, the future uncertainties confronting the near-term natural gas markets include the range of potential Winter weather outcomes and a […]
EVA Release: Quarterly Overview of the Natural Gas Industry
Arlington, Virginia – August 4, 2016 – EVA has released the Quarterly Overview of the Natural Gas Industry. The report systematically covers the seasonal, structural and other drivers shaping the U.S. natural gas markets through 2019. The outlook beyond the current natural gas storage overhang is shaping up to be complex as several discrete structural […]
EVA’s Monthly Natural Gas Price Forecast Released
Arlington, Virginia – July 26, 2016 – EVA has released its monthly forecast of U.S. natural gas markets and prices. The market has responded to the declining production that had been noted in prior monthly updates with an increase in natural gas prices. However, there remains a storage overhang that will exert continued downward pressure […]
EVA’s Monthly Crude Oil and Petroleum Products Price Forecast Released
Arlington, Virginia – July 27, 2016 – EVA has released its monthly forecast of crude oil and petroleum products price forecast. There continue to be indications that the current era of excess supply will persist until 2017. The series of temporary curtailments of supplies due to Canadian wildfires, the Kuwait workers strike, and the problems […]
Trouble All Around: Results from the California Cap & Trade program’s latest auction hints at worrisome future
California’s cap-and-trade program, established under Assembly Bill 32 (AB 32) by then-Governor Arnold Schwarzenegger, which aims to reduce California’s GHG emissions to 1990 levels by 2020, is facing significant legal, political, and financial troubles. The latest cap-and-trade allowance auction held in May displays worrisome results. Of the almost 78 million allowances available in the auction, […]