It is easy for those of us in “the West” to think of the Middle East in terms of religion. We can accurately simplify the Middle East as a Muslim region with the exception of Israel. To many people in the West, the Middle East is a slate with a […]
As you have no doubt heard, Alberta Premier Rachel Notley has forced oil production cuts starting at 350,000 barrels per day in January 2019 and hopes to reduce those cuts to 95,000 barrels per day by the end of 2019. We wanted to know how much oil is that so […]
Today the former leader of the Alberta Wild Rose party Brian Jean published an op-ed in the Edmonton Journal explaining his view that Canadian courts have now seized too much power: Something is fundamentally wrong. Our courts, motivated by virtue-signalling and triggered by legal actions funded by foreign interests, routinely override the […]
The recent Trans Mountain court case has groups on both sides fired up and stretching the implications. This video from BNN Bloomberg calmly explains that Federal Court ruled against the Trans Mountain pipeline on just two grounds: 1: TRANS MOUNTAIN CONSULTATION: The consultation with a small number of indigenous communities was […]
PartisanIssues.com strives to avoid opinion and stick to facts, but we thought you would be interested in a recent debate with one of our readers who called Solar “Shitty Power” because it provides inconsistent output. I gave this some considerable thought and came up with the following rebuttal. To be […]
In the late 1990’s the term PEAK OIL was coined as a short form for the time when we reach the maximum amount of oil we can produce in a year. It was often misconstrued as the end of oil but was simply when production levels start to decline. By […]
Canada imports about 1 BILLION barrels of oil per year, nearly all into Quebec and Ontario in-spite of the fact that it exports 3.1 Billion barrels of oil per year. These are the specific numbers taken directly from the Canadian Federal Government from 2016: Canadian production: 3.9 MMb/d Imports: 0.9 MMb/d […]
Much has been said about the Kinder Morgan Trans Mountain pipeline and while the Trudeau Government has made it clear they do not want to own it for very long, there are rumblings that they will use this as a management tool to develop or support the much needed Energy […]
Should the Province of Alberta buy the Trans Mountain Pipeline from Kinder-Morgan if they want to walk away from the project? That question was posed to Alberta Premier Rachel Notley today and she responded with an emphatic ‘Yes!’.
It has become abundantly clear, whether you are for or opposed to this particular pipeline or not, that having the relatively simple twinning of the existing Trans Mountain pipeline fail to be built would signify the end of even medium scale infrastructure projects in Canada.
There will always be interest groups and affected people that have some legitimate claim against a large project. The standard for projects should not be keeping everyone happy. The standard for infrastructure projects MUST be if they are in the national interest. That national interest contains a giant list important factors including:
Today Bloomberg’s Michael Bellusci wrote an article explaining that Canadian oil and gas companies are in deep trouble. Here is an excerpt:
Canada’s Energy Industry Faces ‘Extinction’ Without M&A, BMO Says
On the same day, Global News reported:
Feds to spend $280k to study why Canada’s oil and gas sector is falling behind
The federal government plans to spend up to $280,000 for a new study on Canada’s competitiveness in the oil and gas industry as investment lags and the United States offers new incentives for companies to move south…
Source: globalnews.ca/news/4123026/oil-and-gas-canada-falling-behind-study/
In general terms the issue is that with low oil prices, oil companies see better places in the world to put their money than Canada. Oil & Gas “activists” will initially claim a victory here because they have had some impact on making it difficult to get Canadian Oil and Gas to both international and domestic markets.
The Oil & Gas industry has more than its fair share of misinformation directed at it. This site is intended to expose and explore facts and so as part of our new series on the Oil & Gas industry we thought you would like a quick run down of some interesting facts:
The environmental lobby has mislead many well intentioned companies and intelligent individuals with the “keep it in the ground movement”. That logic only applies to “western societies” and has sadly resulted in serious efforts to block even the cleanest Oil & Gas projects for the last decade. The most recent tactic is to block the infrastructure required to make Oil & Gas functional; in particular pipelines are being opposed at every turn.
These next two points should clearly demonstrate that “keep it in the ground” is both naive and environmentally damaging.
The fact is that the most scientificly trustworthy energy industry research body in the world, the International Energy Association (IEA), agrees with dozens of other government and industry analysts that Oil & Gas demand will continue to EXPAND through the year 2040. 2040-2050 is the magic decade when China and India will have moved most of their citizens into the middle class.
Before you start thinking, ‘but wait, that will change if we ‘go electric”, note that the IEA is expecting massive amounts of electrification in the next 20+ years and has already wrapped those expectations into their projections. If we don’t have substantial electrification (solar, wind, electric cars,…) 2040 will not be the
Keep in mind the word EXPAND. This means that at about 2040, the world will not have stopped using oil and gas; this means that consumption will have peaked. After 2040, there will take between 100 to 200 years to cycle out of petroleum based products.
Having worked at a few pipeline companies, I know they take safety and spills very seriously but we see pipeline bursts and their resulting spills with frequency in the news so the question lingers: Are pipelines safe?
Let’s start by stating an obvious fact that no-one WANTS a pipeline or any other serious infrastructure (power lines, rail lines, highways…) in their back yard but without such infrastructure our modern world would grind to a halt. If we can agree on that as a fact, and not an opinion, we can rationally consider pipeline safety.
The factors determining the safety of any pipeline compared to rail or trucking are also obvious and visually undeniable. Below is a simple chart outlining some of the risk factors that go into transporting liquids and gases:
| Factor | Pipeline | Pipe Score | Train | Train Score |
| Above/Below Ground | Burried | 1 | Above Ground | 8 |
| Visibility | Very Low | 1 | Very High | 8 |
| Connections | Few | 1 | Many | 8 |
| Human Error Likelihood | Nearly Zero | 1 | Constant | 6 |
| Intentional Damage Likelihood | Very Low | 1 | Moderate | 5 |
| Easy of Stopping Leak | Very Easy | 1 | Very Difficult | 6 |
| Volume | Very High | 9 | Low | 3 |
| 24 Hr Monitoring | Excellent | 1 | Minimal | 8 |
| 16 | 52 |
It used to be very clear that Alberta had a spending problem and not a revenue problem. However, since the 2014 oil crash, the world and Alberta have forever changed. Historically, oil ‘busts’ were the result of a downturn in some key economy that reduced the demand for oil & gas products. Today we have the worlds first notable price downturn caused by over production of oil, with no end in site.
This over production was started intentionally by Saudi Crown Prince Mohammed bin Salman in an effort to kill shale oil fracker’s and other non-state owned small players. The idea was to have OPEC lead an over production that would drop the price of oil for a few years and force the marginal upstart players (i.e. US based frackers) out of the industry. Then Saudi lead OPEC would reduce supply and drive the price back up. Well, the Crown Prince was wrong and it didn’t work.
More importantly it won’t work in the future. Saudi Arabia and friends can reduce the global price of oil by increasing production but they can no longer raise the price because they no longer control the global output, here’s why: