It hasn’t even been a week, but it’s already apparent that OPEC’s recent move to increase production won’t be enough to curb oil prices from climbing higher. Global benchmark Brent is already driving toward $80 a barrel again, and $90 oil is not out of the question in the

Read about Canary’s participation in a recent US trade mission to Africa. Shale energy production in the US has ushered in a new era of economic growth and, some say, has put this nation on the path to energy self-sufficiency. But the same shale activity that acts as a domestic boon h

If it seems like the energy globe has tilted off its axis, that’s because the balance of power in the petroleum world has shifted.  Thanks to the domestic shale revolution, the US is no longer as dependent on Middle Eastern and other super-suppliers.  And this is having a ripple effec

The US Energy Department recently announced its first test sale from the Strategic Petroleum Reserve (SPR) since 1990, offering five million barrels.  A department spokesman explained that the test sale is meant to assess the reserve’s capabilities in light of significant changes in t