It’s been 30 years since Mancur Olson, wrote The Rise and Decline of Nations. The premise is the longer a society enjoys political stability, the more likely it is to develop powerful special interest groups that erode economic prosperity. His words have proven prescient as we witness Europe’s debt-burdened stagnation and degeneration of the U.S. […]
Making a splash by conserving water
One of the concerns critics of the oil industry have is water usage in Alberta and B.C. That is particularly true in shale gas plays where fracking is used to get at the resource. Shell Canada is looking at ways to alleviate that. The company has a natural gas site called Groundbirch in northeastern B.C. […]