Fighting in Iraq has crude oil prices on the rise. As a result, some Canadian economists say our country stands to benefit. Although Scotiabank commodity market specialist Patricia Mohr feels a hike in prices will have a “two-pronged impact.” Adding, “on the positive side, it really bolsters earnings for Western Canada’s oil industry, but also […]
Rocky relationship result of Keystone XL pipeline delays
Is it prudent behaviour or fear of making a decision? The Obama government in the US has spent more than 2100 days reviewing the Keystone XL pipeline. The $7-billion dollar project is seen as a crucial development for Canada’s oil sands. As a result the Harper government has been lobbying hard for its approval. Alberta’s […]
2014 edition of the Global Petroleum Show the biggest ever
Global Petroleum Show 2014 drew 66-thousand people to Calgary between June 10th and 12th. The success of this year’s event bodes well as it will now take place annually instead of ever two years. Wes Scott of dmg :: events, which hosts the show GPS is excited about staging the massive event every year from […]
Comment: Oil sands too valuable a resource to ignore
There is a lot of environmental hand-wringing going on these days. In Washington, President Barack Obama is playing political brinkmanship with Canada over the approval to the Keystone XL pipeline project. In British Columbia, there is mounting opposition to the Northern Gateway project. In Kitchener, concerns over the endangered Jefferson salamander have delayed the much-needed […]
Keystone XL pipeline project may be vulnerable
Getting TransCanada’s Keystone XL pipeline approved has been quite a battle for the oil company and its supporters. If it is built, one group says the battle could escalate. A report by NextGen Climate is suggesting the oil pipeline would be vulnerable to attacks, the result of which could ruin water supplies for millions of […]
Delays over Keystone XL leads to push for pipeline to the east-not Asia, Canada
TransCanada Corp. has been mired in political arguments in the US, stalling its proposed Keystone XL pipeline. So the Calgary company is looking at the east coast instead of going south. Canadian oil sands producers are encouraged by the route which would be another option to get their product to market. One that would not […]
Editorial: Former Greenpeace co-founder in favour of pipeline
Why am I supportive of the federal government’s recent decision to allow the Northern Gateway Pipeline project to move ahead, subject to tough conditions? As a lifelong environmentalist, I’m often asked myself that question. My answer begins with a single fact: there are a billion cars in the world that need oil products everyday. […]
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