The Top 25 – Global Oil Production By Country

We have seen gasoline prices plummet to as low as USD$1.29/gallon in the United States and CDN$0.58/liter in Canada.  We knew that: the United States became the worlds largest producer of oil a few years ago thanks largely to the fracking revolution, and Russia and Saudi Arabia were quickly expanding production but we didn’t really have a grasp on scale. How big is the global oil market and where major oil producing countries like Canada, Iraq, Mexico and Venezuela lie…

Why Is Gas So Cheap Right Now? … and it isn’t Because of COVID-19

We have received several comments from readers and friends saying that they expect gas prices to stay at this historical low rates because COVID-19 (see our new videos: How COVID Ends and COVID vs Spanish Flu vs SARs vs MERS) will likely drag out low demand for many months or even years.  In Calgary you can buy gasoline at just $.58/liter and in New York, you can get it for as low as $1.69/ gallon! It is common sense the…

VIDEO: The Future of the Energy Industry 2020-2023

David Book, Managing Director of Clearview Energy Partners, does an excellent job of crystallizing the known issues and outcomes for the oil and gas industry over the next few years.  Topics include: COVID-19 Trump Reelection Russia’s Tax Structure Saudi Pools of Cash De-Globalization Innovation   .

3 Maps of Religions In the Middle East Illustrate The Complexities

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 bunch of squiggly lines demarking faceless countries and looks like: We know those countries are home to ancient peoples with a proud heritage but we really don’t understand them so…

Alberta Is Cutting As Much Oil Denmark Produces

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 we worked did the calculations. If a country produced as much as Alberta is cutting they would be in the top 40 oil producing nations. We estimate that Alberta will…

Canada is Failing its Citizens and Needs Constitutional Reform To Fix It

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 explicit wishes of our legislatures and have now claimed the powers to overrule the executive decision-making powers of cabinet. Mr. Jean does not point out that the courts are one…

VIDEO: What The Federal Court Ruling Against Trans Mountain Pipeline Expansion Actually Said, Why & What’s Next

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 not sufficiently responded to.  There was not change in plan based on the previous consultation and the court found that that was not enough.  It is worth noting, as we…

Should The Alberta Government Promote Solar & Wind Power?

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 transparent I should tell you that I have lived in Alberta for 25 years, own solar panels and drive an electric car (both of which did not receive a penny…

Are We Hitting Peak Oil… Again?

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 the mid 2000’s Peak Oil had become a hot topic around the globe with both oil producers and environmentalists both promoting the idea.  Oil producers wanted peak oil because it…

How Much Oil Does Canada Import & Other Oil Statistics

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 Exports: 3.1 MMb/d Below are some other statistics you might also find interesting: Canada Has the Third Largest Proven Reserves on the Globe: World proved reserves – 1,646 billion barrels…

How Canadian Prime Minister Trudeau May Use Kinder Morgan To Bring Back Energy East Pipeline

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 East Pipeline. In the last few months the debate over such an advanced economy as Canada exporting raw materials and importing finished goods based on those raw materials has become…

Twinning the Kinder-Morgan Trans Mountain Pipeline Is Now Too Big To Fail

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…

How Killing The Canadian Oil Industry Is a Formula For Environmental Disaster

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 Investors have bailed on the Canadian energy sector, although mergers & acquisitions north of the border could provide a much needed catalyst, barring pipeline and political developments… Source: bloomberg.com/news/articles/2018-04-05/forget-permian-canada-s-energy-needs-m-a-to-avoid-extinction 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…

10 Things You Didn’t Know About The Oil & Gas Industry in 2018

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: LNG Does Not Burn: Companies compress Natural Gas into what is known as Liquified Natural Gas (LNG) it is much easier to move and store.  However, one concern…