For four years, the U.S. has firmly rejected joining the producers’ club to curb output. It can’t remain aloof any longer
Energy diplomats are on overdrive, seeking to bring an end to the senseless global crude oil war. Russia and Saudi Arabia have flooded the market, driving down oil prices. A G20 virtual meeting of energy leaders is being urged, with International Energy Agency executive director Fatih Birol reportedly propelling the idea. Former U.S. Energy Information…
The COVID-19 crisis can’t be used as an excuse to kill one of Canada’s largest, best-paying industries, which benefits us all
Mark Milke and Lennie Kaplan Canadian Energy Centre While the world grapples with the COVID-19 pandemic and an economic downturn, anti-energy activists have spotted an opportunity: to kill off Canada’s oil and gas industry – the one that provides hundreds of thousands of jobs and hundreds of billions of dollars in tax revenues to governments.…
For economic reconciliation with Indigenous communities, we need consistent and stable policies for the resource sector
The decision by Teck Resources to withdraw its application for the Frontier oil sands project could risk future opportunities for Indigenous communities if it leads to more resource companies declining to invest in Canadian resource projects. Although Teck stated officially that the decision to withdraw was prompted by controversies surrounding Canada’s climate policies, Teck’s decision…
With demand and supply shock acting simultaneously, crude markets are imploding. And this is just the tip of the iceberg
The global oil war is on and no one seems to be blinking. Saudi Arabia is set to increase its crude oil exports in May by about 600,000 barrels per day (bpd), bringing its total petroleum exports to 10.6 million bpd, an official at the Saudi Arabian Energy Ministry told the Saudi Press Agency. Russia…
The link between oil sands development and First Nations prosperity is clear and profound. Project delays can be devastating
By Mark Milke and Lennie Kaplan Canadian Energy Centre When Teck Resources cancelled its proposed Frontier oil sands project last month, Canada lost more than the government revenues and blue-collar jobs the mine would have created. The loss of this project was also a blow to northern First Nations communities. On average, people who live…
The province is stuck in a one-generational political rut that’s built on memories of easy money
I have to admit that I don’t live in Alberta anymore. After a 35-year work sojourn, my wife and I left for B.C.’s Sunshine Coast, returning to roots and escaping the prairie winters in our retirement. Our adult children have also left, choosing to live in London and Vancouver rather than Calgary, their birth home.…
The provincial government dropped a bombshell this week when it announced the full or partial closure of 20 provincial parks and recreation areas. Some of these sites will be closed to public access. They also announced other major changes, including the potential sale or privatization of 164 additional parks and recreation areas. These sites could…
Quebec and B.C. are committing constitutional mutiny, preventing Alberta from developing solutions to being landlocked. It’s time for independence
When it comes to trading in markets beyond its boundaries, Alberta would have better options as an independent state than under the status quo currently blocking some of its resources. Alberta is landlocked and landlocked states depend on their neighbours for access to trading seaports. It’s the reason some people quip that an independent Alberta…
Necessity was the mother of invention for Marlon McDougall. After 35 years in the oil and gas industry, McDougall was frustrated with the pressures of regulations, environmentalism, pipeline restrictions and the need for expensive technologies as more easily accessible reserves were depleted. Then, in 2019, he was approached to work with what’s been called “the…
There’s been a significant drop in investment across 10 of the 15 major sectors of the Canadian economy, and the federal government is to blame
By Niels Veldhuis and Ashley Stedman The Fraser Institute Canada has massive investment potential. We have an abundance of natural resources, one of the most highly-educated populations in the world, and reside next to the world’s most successful economy. We’re also among the freest countries in the world, with freedom of religion, assembly, movement and…
In 2015, we gathered in the meeting house of the remote Tl’azt’en First Nation at Tache, 215 km northwest of Prince George, B.C. I was there as volunteer chair of the B.C, Industry Training Authority (ITA), the organization responsible for funding and facilitating trades training in the province. Accompanying me were the ITA CEO and…
Being tested and labelled at an early age can have a devastating effect on a child’s self-esteem and intellectual potential
If Steve Bannon isn’t on the Alberta government’s payroll, he certainly is its muse. Bannon is the notorious former strategic adviser to U.S. President Donald Trump. His views on the benefits of disruption might well inform Premier Jason Kenney’s government tactics of mass disruption in many sectors. These include the most vital areas of health…
Over the past two weeks, my wife and I have twice encountered Wet’suwet’en protesters in the B.C. Lower Mainland. I wondered what the hell was being accomplished if people like me were getting angry? The first encounter saw us turned away from the 9 a.m. ferry from Tsawwassen to Swartz Bay – we had important…
Allowing the project to proceed – responsibly, with best available environmental practices – really is in the national interest.
To say the Teck Resources’ Frontier oil sands debate is fraught has become a bit of an understatement. At times, it appears the fate of the world hangs in the balance. On one side, political proponents are telling us that the very future of Alberta’s economy hinges on this project moving ahead. On the other…
Smart Energy Communities are not only more resilient, they also create new opportunities for local economic development, lower energy costs and a cleaner environment
By Aida Nciri and Eddie Oldfield QUEST Canadian municipalities and energy utilities are on the front lines of the impacts of climate change. A recent report by the Insurance Bureau of Canada highlights the financial costs of climate change, with insured damage for severe weather events reaching $1.3 billion in 2019. Of the top 10…
Energy diplomats are on overdrive, seeking to bring an end to the senseless global crude oil war. Russia and Saudi Arabia have flooded the market, driving down oil prices. A G20 virtual meeting of energy leaders is being urged, with International Energy Agency executive director Fatih Birol reportedly propelling the idea. Former U.S. Energy Information…
