Global Glut of Oil

Untitled.jpgThe volume of oil in floating storage worldwide is 95 million barrels, the highest in years:

Oil Prices Continue Slide Through Busy Summer Driving Season

July 20, 2016 Original Source: Ron Bousso @ronbousso1 and Libby George Reuters via Downstream Today @Reuters

Oil traders counting on a price bump during the busy summer driving season are facing more disappointment as a seasonal increase in demand fails to make a dent in a massive global oil stockpile, much of it stored in ocean-going tankers that the industry refers to as “floating storage”.

For the full article click here.

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Elizabeth Testifies at NEB On KM Expansion

Elizabeth testified at NEB Hearings into the Kinder Morgan Pipeline Expansion on Thursday 21 Jan. 2016image_of_phone.jpg

Elizabeth May, MP for Saanich Gulf-Islands, testified at the hearings on the proposed Kinder Morgan pipeline on behalf of her constituents. For more information on Kinder Morgan, please visit Elizabeth May's MP website. You can also watch the whole hearing process on the NEB hearings web site. Testimony is organized by date and you can watch Andrew Weaver on Jan 20, Elizabeth May on Jan 21, Adam Olsen on Jan 22,

Click on the image and watch Elizabeth's whole testimony, it's incredible.

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