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   .

VIDEO: Highlights of The Alberta ‘Fair Deal Panel’ Town Hall in Airdrie

If you want to understand why Alberta is different, just watch this video.  We have attended many similar meeting in other Provinces over the years and seldom seen such thoughtful, calm, and well argued positions by members of the general public. If you don’t have time to watch the full 20 minute highlight reel, we urge you to watch these four excellent segments that are each about 90 seconds long: Marnie Marr Accountant from Airdrie explains the Alberta experience from…

LIVE STREAM: Alberta “Fair Deal Panel” Airdrie Town Hall

UPDATE: Jan 28 2020 – Below is the full 110 minute event.  If you don’t have that time you can watch our 20 Minute Highlight Reel HERE. ____________ This is the full uncut 110 minutes of Alberta “Fair Deal Panel” Airdrie Town Hall from January 27th at 6:30pm:   On Thursday, January 27th, 2020, Premier Jason Kenney’s “Fair Deal Panel” will hold a public town hall in Airdrie at the Town & Country Centre from 6:30pm – 8:30pm, to hear…

A Tale of Two Industries: Oil vs Automotive Sectors

Much is made of the auto sector in both the US and Canada.  It is thought of as the manufacturing heart of both countries and is fundamental to the ongoing success of the economy.  On the flip side of that, the oil and gas energy industry is socially and politically considered far less important. The energy industry is seen almost as a utility; something that is always there and does not require much attention whereas the auto industry is perceived…

VIDEO: The Environmental Case to Canadian & American Energy

To someone living in the US or Canada, it probably appears that the whole world wants to shut down the oil and gas energy industry, but a slightly closer look shows nothing is further from the truth.  Western energy is correctly considered the both the saviour of the third world and the environment. Rex Murphy recently interviewed Modern Resources CEO Chris Slubicki in a deep dive into the how oil and gas from the western world, specifically, Canada, the US…

The Uh-Oh Moment: The Psychology Of How Being Late To the Race Helps Micheal Bloomberg

Did you know that there is a hard pattern to the amount of effort put into projects and that this pattern can be seen in every from life, to sports, to meetings?  That pattern is a “U”.  When people are assigned a task they quickly meet and start thinking about the task at hand but then effort slumps until half way through the allotted time when effort substantially increases. In 1988 Connie Gersick from UCLA (now at Yale) wrote a…

The Numbers You Didn’t Expect: Canadian Provincial Transfer Payments Per Province Per Person

Canada is a group of diverse territories held together with a brilliant formula that effectively transfers money from wealthy Provinces to poor Provinces, or so the story goes.  The official name is ‘Equalization Payments’ and they are a core building block of Canadian confederation. For the first 75 years of Canada’s existence the money was transferred largely at the whim of the Federal Government but in 1957 a formal equalization formula was agreed upon. Unfortunately, the formula that is used…

The Cure For Canadian Pipelines: Ask Your Doctor If Ovintiv Is Right For You

Today one of linchpins of Canadian energy, EnCana, announced it is changing its name, has a new logo and is moving its ‘domicile’ (legal/trading head office) to the United States. Of course, they claim that there will be no job losses in Canada but that is clearly not the way the real world works.  Former employees of Nova, Nexen and Devon can tell you first hand the effect corporate mergers, acquisitions and relocations actually have on staff. Several analysts are…

Can Oil Pipelines Be Used To Transport Other Materials?

What happens to oil pipelines in a post oil world?  Many people think the massive expenditures in pipelines result in a permanent oil infrastructure.  The fact is that pipelines originally constructed to move oil are both reversed and repurposed all the time. The graphic to the right is from 2014 and shows that oil pipeline reversals and repurposing are not new. Here are some real world examples about what happens to old oil/gas pipelines. PIPELINE REVERSALS: Enbridge ‘Line 9’ reversed the…

VIDEO: Alberta Company Produces Ultra Cheap Hydrogen In the Ground Avoiding All Greenhouse Gases

Proton Technologies of Calgary has taken existing technologies and combined them into a method or ‘process patent’ that gives them exclusive rights to produce hydrogen in the ground.  This means that all of the CO2 and other greenhouse gases remain locked in the ground where they have been for millions of years. It also massively reduces the complexity and cost allowing Hydrogen to be produced 80% to 95% cheaper than the current process.  At that rate, hydrogen will be several…

Can A Calgary Startup Really Reshape the Global Energy Business?

A few weeks ago, a small privately held Calgary startup named Proton Technologies announced they were successfully generating cheap hydrogen from old oil fields.  Today we interviewed their CEO, Grant Strem, and learned that the company already had net positive cash flow with big plans for the near future. Producing Hydrogen with ZERO Emissions at 20% of the Cost? Keeping the process in the ground means there is no expensive carbon capture requirements.  The process, shown to the right, produces…

How Much More Does Alberta Spend On Services Compared To The Canadian Average?

A analysis by Statistics Canada of 2016 Canadian Provincial budgets shows that Alberta spends an average of 10% more on services than the Canadian average. Albertans spend a shocking 26% more than the Canadian average on Education. Government expense by function per capita, 2016  Alberta   Canada   Alberta Premium  Health  $4,944.00  $4,475.00  $                469.00 Education  $3,047.00  $2,455.00  $                592.00 Economic affairs  $2,112.00  $1,275.00  $                837.00 Social protection  $1,393.00  $1,770.00  $              (377.00) General public services  $   947.00  $1,658.00  $              (711.00) Public order…

Do Health Care & Education Really Account for 50% of Provincial Government Spending In Canada?

In a word, yes. Average spending on health care is now over 40% of all Canadian Provincial expenses: “…health care spending as a share of program spending and health care spending as a share of the economy, shows clearly that the last 15 years (ie., between 2001 to 2016) saw provincial governments increase health care spending at an unsustainable pace. Indeed, during this period, health care spending grew by 116.4 percent, outpacing growth in other program spending (94.6 percent) and…

SOLVED: Super-Cheap Hydrogen Produced Without CO2 Using Oil Will Change The World

A Canadian company named Proton Technology has developed the worlds first large scale, cheap method of producing ultra-clean hydrogen from oil. “This technique can draw up huge quantities of hydrogen while leaving the carbon in the ground. When working at production level, we anticipate we will be able to use the existing infrastructure and distribution chains to produce H2 for between 10 and 50 cents per kilo. This means it potentially costs a fraction of gasoline for equivalent output” said…