The Strait
Bill 3665 and the problem of jet-fuel hedges
A barrel at US$103 turns every hearing into a kitchen-table argument. Jet-fuel hedges are the latest attempt to look in control.
Owen MacLeod · Aug 6, 2026
OM
Energy Correspondent
Owen MacLeod
Owen MacLeod covers oil, gas, nuclear and the continental energy system that still binds Ottawa to Washington.
274 stories in the Washington archive
Recent work
The partisan week Washington unlocks Gulf Coast refining
Aug 5, 2026
Washington stays late on jet-fuel hedges
Aug 4, 2026
Jet-fuel hedges: the view from Foggy Bottom
Aug 3, 2026
Manitoba’s manufacturing shops confront a Venezuela cargo bet
Aug 2, 2026
The overnight week Washington floods diesel inventories
Aug 1, 2026
Ways and Means turns to the Hormuz risk premium as Buffalo watches
Jul 31, 2026
The file
The Strait
The quiet week Washington unlocks jet-fuel hedges
A barrel at US$102 turns every hearing into a kitchen-table argument. Jet-fuel hedges are the latest attempt to look in control.
Owen MacLeod · Jul 30, 2026
The Strait
The continental week Washington overpromises diesel inventories
A barrel at US$102 turns every hearing into a kitchen-table argument. Diesel inventories are the latest attempt to look in control.
Owen MacLeod · Jul 29, 2026
The Strait
A last-minute bargain over a Venezuela cargo bet
A barrel at US$102 turns every hearing into a kitchen-table argument. A Venezuela cargo bet is the latest attempt to look in control.
Owen MacLeod · Jul 28, 2026
The Strait
An unfinished bargain over a winter-gas warning
A barrel at US$102 turns every hearing into a kitchen-table argument. A winter-gas warning is the latest attempt to look in control.
Owen MacLeod · Jul 27, 2026
The Strait
The quiet week Washington prices Canadian heavy crude
A barrel at US$101 turns every hearing into a kitchen-table argument. Canadian heavy crude is the latest attempt to look in control.
Owen MacLeod · Jul 25, 2026
The Strait
In Chattanooga, Gulf Coast refining reroutes the map
A barrel at US$101 turns every hearing into a kitchen-table argument. Gulf Coast refining is the latest attempt to look in control.
Owen MacLeod · Jul 25, 2026
The Strait
Canada’s stake in jet-fuel hedges just got larger
A barrel at US$101 turns every hearing into a kitchen-table argument. Jet-fuel hedges are the latest attempt to look in control.
Owen MacLeod · Jul 24, 2026
The Strait
An unfinished bargain over a Venezuela cargo bet
A barrel at US$101 turns every hearing into a kitchen-table argument. A Venezuela cargo bet is the latest attempt to look in control.
Owen MacLeod · Jul 21, 2026
The Strait
A Venezuela cargo bet: the view from K Street
A barrel at US$101 turns every hearing into a kitchen-table argument. A Venezuela cargo bet is the latest attempt to look in control.
Owen MacLeod · Jul 20, 2026
The Strait
The an energy emergency resolution hiding inside the Strategic Petroleum Reserve
A barrel at US$100 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · Jul 19, 2026
The Strait
The overnight week Washington unlocks Gulf Coast refining
A barrel at US$100 turns every hearing into a kitchen-table argument. Gulf Coast refining is the latest attempt to look in control.
Owen MacLeod · Jul 18, 2026
The Strait
Bill 3437 and the problem of jet-fuel hedges
A barrel at US$100 turns every hearing into a kitchen-table argument. Jet-fuel hedges are the latest attempt to look in control.
Owen MacLeod · Jul 17, 2026
The Strait
Ontario’s auto belt confronts jet-fuel hedges
A barrel at US$100 turns every hearing into a kitchen-table argument. Jet-fuel hedges are the latest attempt to look in control.
Owen MacLeod · Jul 16, 2026
The Strait
Banking turns to the Strategic Petroleum Reserve as Savannah watches
A barrel at US$100 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · Jul 15, 2026
The Strait
The expensive week Washington overpromises a Venezuela cargo bet
A barrel at US$100 turns every hearing into a kitchen-table argument. A Venezuela cargo bet is the latest attempt to look in control.
Owen MacLeod · Jul 14, 2026
The Strait
Langley stays late on jet-fuel hedges
A barrel at US$99 turns every hearing into a kitchen-table argument. Jet-fuel hedges are the latest attempt to look in control.
Owen MacLeod · Jul 13, 2026
The Strait
Canada’s stake in Gulf Coast refining just got larger
A barrel at US$99 turns every hearing into a kitchen-table argument. Gulf Coast refining is the latest attempt to look in control.
Owen MacLeod · Jul 12, 2026
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