The Strait
Bill 2945 and the problem of the Hormuz risk premium
A barrel at US$93 turns every hearing into a kitchen-table argument. The Hormuz risk premium is the latest attempt to look in control.
Owen MacLeod · Jun 6, 2026
Oil & Power
Energy
Crude, refining, the grid and a continent that still runs on the same pipes.
In this file250 complete stories · Washington Bureau
CorrespondentOwen MacLeod · Energy Correspondent
Also on the deskWhite House · Congress · Midterms · Economy · Canada–U.S. · Defense · World · Courts · Immigration · Health · Technology
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Grand Rapids cannot look away from the Strategic Petroleum Reserve
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Fresno cannot look away from the Strategic Petroleum Reserve
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The Strait
Capitol Hill stays late on the Strategic Petroleum Reserve
A barrel at US$92 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 30, 2026
The Strait
Bill 2849 and the problem of the Strategic Petroleum Reserve
A barrel at US$92 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 29, 2026
The Strait
Canada’s stake in the Strategic Petroleum Reserve just got larger
A barrel at US$92 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 28, 2026
The Strait
Canada’s stake in the Strategic Petroleum Reserve just got larger
A barrel at US$91 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 27, 2026
The Strait
Canadian heavy crude: the view from Foggy Bottom
A barrel at US$91 turns every hearing into a kitchen-table argument. Canadian heavy crude is the latest attempt to look in control.
Owen MacLeod · May 26, 2026
The Strait
Savannah cannot look away from Gulf Coast refining
A barrel at US$91 turns every hearing into a kitchen-table argument. Gulf Coast refining is the latest attempt to look in control.
Owen MacLeod · May 25, 2026
The Strait
The border supplemental hiding inside the Hormuz risk premium
A barrel at US$91 turns every hearing into a kitchen-table argument. The Hormuz risk premium is the latest attempt to look in control.
Owen MacLeod · May 24, 2026
The Strait
What 38 per cent in Des Moines says about a Venezuela cargo bet
A barrel at US$91 turns every hearing into a kitchen-table argument. A Venezuela cargo bet is the latest attempt to look in control.
Owen MacLeod · May 23, 2026
The Strait
What 52 per cent in Sioux Falls says about diesel inventories
A barrel at US$90 turns every hearing into a kitchen-table argument. Diesel inventories are the latest attempt to look in control.
Owen MacLeod · May 22, 2026
The Strait
Canada’s stake in the Strategic Petroleum Reserve just got larger
A barrel at US$90 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 21, 2026
The Strait
Saskatchewan’s grain elevators confront Canadian heavy crude
A barrel at US$90 turns every hearing into a kitchen-table argument. Canadian heavy crude is the latest attempt to look in control.
Owen MacLeod · May 20, 2026
The Strait
Energy and Commerce turns to the Strategic Petroleum Reserve as Little Rock watches
A barrel at US$90 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 19, 2026
The Strait
A dangerous bargain over a winter-gas warning
A barrel at US$90 turns every hearing into a kitchen-table argument. A winter-gas warning is the latest attempt to look in control.
Owen MacLeod · May 18, 2026
The Strait
An overnight bargain over the Strategic Petroleum Reserve
A barrel at US$90 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 17, 2026
The Strait
The overnight week Washington empties the Strategic Petroleum Reserve
A barrel at US$89 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 16, 2026
The Strait
Foggy Bottom stays late on a Venezuela cargo bet
A barrel at US$89 turns every hearing into a kitchen-table argument. A Venezuela cargo bet is the latest attempt to look in control.
Elena Voss · May 14, 2026
The Strait
Savannah cannot look away from the Strategic Petroleum Reserve
A barrel at US$89 turns every hearing into a kitchen-table argument. The Strategic Petroleum Reserve is the latest attempt to look in control.
Owen MacLeod · May 13, 2026
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