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MNI: US EIA: CRUDE OIL STOCKS EX SPR +0.52M TO 442.9M APR 11 WK
Apr-16 14:30
US EIA: CRUDE OIL STOCKS EX SPR +0.52M TO 442.9M APR 11 WK
US EIA: DISTILLATE STOCKS -1.85M TO 109.2M IN APR 11 WK
US EIA: GASOLINE STOCKS -1.96M TO 234.0M IN APR 11 WK
US EIA: CUSHING STOCKS -0.65M TO 25.1M BARRELS IN APR 11 WK
US EIA: SPR +0.3M TO 397.0M BARRELS IN APR 11 WK
US EIA: REFINERY UTILIZATION WEEK CHANGE -0.4% TO 86.3% IN APR 11 WK
CANADA: Election Debate Moved To Earlier Timeslot, Green Co-Leader Disqualified
Apr-16 14:21
The first leaders' debate of the federal election campaign taking place this evening and broadcast on CBC News Network has been moved to an earlier timeslot. The French-language debate was due to start at 2000ET, but has been moved two hours forward to 1800ET (0100BST, 0900JST). The second debate (in English) is scheduled for tomorrow (17 April) at 1900ET.
A second change is that Green Party co-leader Jonathan Pedneault has been excluded from both debates. The Leaders' Debates Commission ruled that the reduction in ridings the Greens are contesting "for strategic reasons" means it no longer hits two of the three criteria (having one MP in the Commons, hitting 4% in nationwide polling, standing in at least 90% of ridings). As such, there will be four leaders on the stage: Carney, Conservative leader Pierre Poilievre, regionalist Bloc Québécois leader Yves-Francois Blanchet, and left-wing New Democratic Party leader Jagmeet Singh.
While the impact of election debates can be non-existent or hugely consequential (see last year's Trump vs Biden debate in the US), tonight's debate will be most keenly followed in Canada's largest Francophone province, Quebec.
CTV News quotes Daniel Béland, a political science professor at McGill University, “Now that people have been exposed to (Carney’s) French, it’s been criticised a lot, but it has not really affected voters that much, at least their opinion. And I think that’s related to the fact that the focus of the campaign isn’t really about culture, language or Quebec, or even [...] federalism. It’s about who can stand up to Donald Trump and who can fight for our economy...”
The time shift is in order to avoid a clash with the crucial NHL contest between the Montreal Canadiens and the Carolina Hurricanes. A win/regulation tie for the Habs could see them enter the playoffs for the first time since the COVID-affected 2020-21 season.
Chart 1. Federal Election Opinion Polling, % and 8-Poll Moving Average