I recently had the opportunity to watch “Michael Moore Presents Planet of the Humans” and while I expected it was going to be about how the math of some forms of “green” energy just doesn’t add up environmentally, it turned out to be something completely different. https://www.youtube.com/watch?v=Zk11vI-7czE Where is the Read more…
As someone that works in Alberta’s oil and gas exploration industry that was just notified his company is pulling out of Canada before the end of 2020, I can understand how government bailouts and price controls are initially appealing to many. However, both price controls and bailouts significantly distort markets, Read more…
Shale oil has been driven by investors with few places to put their money deciding that oil US and Canadian oil plays MIGHT work out. The fracking revolution (a.k.a the Shale Revolution) never made financial sense and investors started fleeing the business in 2019. By 2020 once booming areas like Read more…
After 50 years of serious oil and gas expansion it is time to rethink the options for Alberta’s economy. In every downturn, large or small, there is talk of “Western diversification” but nothing much seens to change. This time, it needs to be different. Is Calgary or even Edmonton as Read more…
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 Read more…
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 Read more…
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 .
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 Read more…
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 Read more…
Vibe Developments Chestermere Kinniburgh Phase 2 Open House. Developer Paresh Shukla from Vibe and Architect Suman Chakraborty from Arup Datta Architects provided most of the information and responded to most questions. Documents (plans, drawings, written explanations… ) are shown starting at minute 38. .
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 Read more…
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 Read more…
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 Read more…
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 Read more…