As part of the fallout from the disruption of bitumen production in Alberta due to the Fort McMurray wild fire, Canada will require much less diluent from the U.S. The loss of at least 300,000 b/d of bitumen production that is not upgraded implies the elimination of nearly 100,000 b/d of diluent demand.
Reuters: May 12, 2016
“The good news is the world is swimming in crude oil, so there are options. This may make it economical to ship Eagle Ford crude or maybe ship in some North Sea crude,” Sarah Emerson, a managing principal at ESAI ENERGY LLC, said.
Reuters: April 20, 2016
Sarah Emerson, a managing principal at ESAI Energy LLC, says the return of Algerian crude to the East Coast was expected given the collapse of the discount U.S. crude once enjoyed against Brent, the global benchmark. Low prices make it nearly impossible
Bloomberg: April 17, 2016
Oil slipped a second day as a meeting of major crude producers in Doha this weekend is seen having minimal impact on supplies. Futures slipped 0.6 percent in New York. Delegates from OPEC and other….
Argus Media, April 14, 2016
But Sarah Emerson, president of research firm ESAI, recently said she believes ANS to be a prime candidate to begin moving to Asia-Pacific as it did from 1996 to 2004.
Bloomberg: April 6, 2016
“I suspect there won’t be any agreement to cut or freeze output, but that doesn’t mean the meeting is not important,” said Sarah Emerson, managing director of ESAI Energy Inc., “They’re going from no discussion or game plan…
Bloomberg: February 23, 2016
Oil tumbled after the Iranian Oil Minister said that an agreement by Saudi Arabia and Russia last week for oil producers to freeze output was “ridiculous.”…. “U.S. shale output is going to decline,” said Sarah Emerson, managing director of ESAI Energy Inc.
Interaction of Global Gasoline, Condensate and Petchem Markets to 2025
Mark Shenk Jan 18, 2016 7:52 am ET (Bloomberg) — Hedge funds increased bearish oil wagers to a record as global equities fell and Iran was poised to add to the crude supply glut. Oil dropped below $30 a barrel in New York for the first time in 12 years on Jan. 12 amid concern…
Oil Market as Battlefield in Saudi Iranian Rift The latest rift between Saudi Arabia and Iran is complicated by a host of political, military and economic factors that are fundamentally changing the geopolitics of the region. In the meantime, the oil market will be a critical battlefield for these two countries, keeping downward pressure on prices. Continue…
The U.S. Congress appears to have a spending bill that will lift the US crude export ban. We do not expect a significant net increase in exports for two years. In the meantime, crude will flow in and out of the country for quality balancing. If this legislation moves forward, U.S. oil producers will be free to
Benchmark Brent crude lands below $40 a barrel for first time since February 2009, pushing more gasoline under $2. ESAI Energy Principal Sarah Emerson speaks to TV News about finding under-$2-a-gallon gasoline.
WSJ Feature–What Will the U.S. Energy Industry Look Like Over the Next Five Years?
Wall Street Journal: November 15, 2015
The Wall Street Journal reached out to three experts in energy and geopolitics: Amy Myers Jaffe, executive director of energy and sustainability at the University of California, Davis; Sarah Emerson, principal at ESAI Energy and president of Energy Security Analysis Inc.; and Meghan O’Sullivan…
Latin America Watch August 2015