U.S.

GE exits gun financing; opportunity for small private players in consumer finance

Analyst Commentary, Miller Chu: While politicians continue to debate about gun control in the U.S., GE Capital has decided to exit the US$11.7 billion gun financing market. The termination of the program came after the shootout at Sandy Hook Elementary School which has affected several families that are connected to GE.

Wisconsin announced new programs to promote renewable energy

Analyst Commentary, Matthew Bovencamp: Incentives for renewable energy are essential for the success of the industry, as most renewable energy technologies cannot compete with fossil fuel based on technology alone.

Natural gas prices in North America continue to push lower, extending 10-year low

Analyst Commentary, Matthew Bovencamp: Natural gas inventories in the United States are approximately 59% higher than the 5-year average levels, and approximately 50% higher compared to the same time last year. The higher storage levels are primarily due to increased production, warmer weather, and low demand from the slow pace of the global economies. 

Additional pipelines planned will help close price gap for Canadian oil producers

Analyst Commentary, Matthew Bovencamp: Enbridge Inc. and Enterprise Partners LP plan to add additional pipelines as well as increase capacity and reverse the flow to the existing Seaway pipeline to ease the over capacity of crude oil in Cushing Oklahoma.

The U.S. reaffirms support for the Keystone Pipeline Project, benefiting the Canadian producers but may hurt refinery industry

Analyst Commentary, Miller Chu: As many of you probably noticed at the pump, gasoline prices have been increasing steadily over the past year. The rising gasoline price gave the Republicans an opportunity to criticize President Obama for his denial of a permit request in January 2012 for a key leg in the Keystone XL pipeline.