Episode 22 - Kinder Morgan looking for approval in Canada | Oil prices rise&fall on Syria unrest | Analyst predicts oil crash late 2018 - a podcast by Ryan Ray & Ellen Wald

from 2018-04-18T19:41:38

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Canadian Prime Minister sides with pipeline company in spat with British Columbia that threatens to derail Kinder Morgan's trans-mountain pipeline.

- British Columbia trying to block pipeline from Alberta to Vancouver that will carry oil produced in Alberta to the coast for export.

- Justin Trudeau is trying to "bribe" B.C. into submission with offers of funding for other projects but B.C. premier is standing firm.

- Kinder Morgan says it will scrap the entire project if permit aren't approved soon.

https://www.bloomberg.com/news/articles/2018-04-15/kinder-gridlock-deepens-as-trudeau-fails-to-ease-provincial-rift

https://www.reuters.com/article/us-kinder-morgan-cn-pipeline-canada/alberta-readies-to-cut-b-c-fuel-shipments-in-canada-pipeline-row-idUSKBN1HN2PU

Oil prices rise then fall on Syria unrest

- Is geopolitics REALLY impacting oil prices as much as it used it? Unrest in Syria isn't impacting oil fundamentals.

https://www.wsj.com/articles/oil-retreats-from-three-year-high-as-syria-tensions-simmer-1523873777

Oil predictions

- Analyst predicts oil will collapse in H2 2018

https://www.cnbc.com/2018/04/16/oil-prices-are-likely-to-collapse-later-this-year-barclays-forecasts.html