A historic change of roles is at the heart of the clamour and turmoil over the collapse of oil prices, which have plummeted by 50 per cent since September 2014. For decades, Saudi Arabia, backed by the Persian Gulf emirates, was described as the “swing producer.” With its immense production capacity, it could raise or […]
Northwest Territories Premier excited about Northern Gateway pipeline
Good news for the North. That’s what Northwest Territories Premier Bob Mcleod thinks about the conditional approval of the Northern Gateway pipeline. McLeod expects that while the pipeline will open up new markets for the country it could also mean opportunity in his region. The Premier told CBC, “We’re still very bullish on the Canol […]
Study suggests Canadian experience with fracking unlikely to mirror those in the US
Nova Scotia, a province with budget problems, is under some pressure to forge ahead with its unconventional oil and gas resources. Before that happens a study was called for to determine the potential impact of hydraulic fracturing. Social ecologist Shawn Dalton, who headed up the study, says because using fracking only became financially viable about […]