(Dave Bedard photo)

Rising diesel prices coming

MarketsFarm — Higher diesel prices are on the horizon for Canada and the U.S. in 2019. GasBuddy.com senior petroleum analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production and the federal carbon tax as well as pending IMO 2020 regulations — that is, the International Marine […] Read more


The U.S. Environmental Protection Agency’s headquarters building in Washington, D.C. (Skyhobo/E+/Getty Images)

U.S. EPA changed rules to help refiners get biofuel waivers, suit alleges

Reuters — U.S. environmental regulators quietly changed the way they assess applications from refineries for waivers from the nation’s biofuels law, making it possible for highly profitable plants to secure lucrative exemptions, according to court documents filed by a biofuels trade group on Thursday. The new documents, part of a lawsuit that began last year, […] Read more

(Dave Bedard photo)

Oil sanctions on Venezuela could benefit Canada

How Canada benefits from the oil sanctions the United States plans to place on Venezuela is contingent on the country’s ability to move its Western Canadian Select crude oil to U.S. refineries, said two oil industry experts. As part of an effort to effect regime change in Venezuela, U.S. President Donald Trump announced this week […] Read more



(Dave Bedard photo)

Dwindling diesel supplies could boost price

CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more