The American system of government relies on those in Congress, the President, the Courts, the military and the media to take often difficult principled stands. When people are elected or appointed to positions of power they know this to be true and expect to make difficult decisions, so why do they so often give into to aggressors? It turns out that this is just human nature. This is a fascinating look into human physche in which Fareed Zakaria describes Ann…
Headlines like Yes, oil is dead. Just read the writing on the wall. , The coronavirus pandemic may have one silver lining: the potential collapse of big oil. and Green Party declares that “oil is dead” are not only misleading and inaccurate, but also dangerous. Unfortunately, these types of headlines are always from those in the first world. Often with the best of intentions (though not always), they look around their regional environments and see decreased consumption. They then…
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…
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…
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 .
The Wuhan coronavirus, now officially named COVID-19, has near constant media coverage and it is now difficult to see the forest for the trees. There is so much information it is easy to loose the big picture. We are now at 50 days with the coronavirus and it is safe to say that more money and effort has been put into this public health emergency than any other in human history. To make these events comprehensible, we have a reviewed…
This site has a focus on China but has been avoiding the Wuhan coronavirus because we could not add useful information to the cause. Today we reviewed many press releases and articles to develop a useful timeline of events relating to the coronavirus: CLICK TO EXPAND GRAPHIC At this point some of the facts are becoming fuzzy so here is the timeline of the first 45 days with coronavirus: Date Wuhan Coronavirus Details Dec 28 2019 Pneumonia cases linked…
This topic is a departure from our usual focus on politics, tech and China but we thought it made an excellent point in a funny way you would like. As a… lets go with ‘gruff’ person myself, I sadly see tiny parts of Coleman Sweeney in me (pun intended!) and I have signed up for organ donation too. Be an asshole and sign up! In most countries you just have to fill our an organ donor card or sign the…
The numbers of oil tanker rail cars being shipped in 2019 and projected for 2020 and beyond are truly staggering. That got us to thinking about how long a train would they make and the results were quite interesting. If all the rail cars carrying crude oil just in 2019, largely from Western Canada, were connected in a single train they would be over 1400 kilometers. That is 50% longer than the distance from Calgary to Vancouver: a crude oil…
There are many that think Huawei is just a puppet of the Chinese government and an equal number that think the Huawei bans and bad talk are nothing more than hype designed to stifle a non-Western competitor. We recently wrote two articles explaining some of Huawei’s background: 10 Short Answers To Why Huawei is so Scary To Western Countries Who Owns Huawei? A Fascinating Story but neither our previous articles nor the political hype have clearly explained why countries should…
Here are the numbers supporting what you likely already knew. George W Bush was not well liked or respected in the international community, largely because he polarized world leaders into “…those who are with (the US), or with the terrorists” Obama softened the US stance on international issues. He had been called the Consoler In Chief. Trump’s lack of foreign policy planning and his penchant for grandstanding has lead him to take hard line on almost everything. Thus far, he…
It is understandable that people often prefer to associate with people of their own groups. It is just easier to converse, live with and do business with people that share a similar background. Personally, I find that boring, but understandable. The Great Browning is the notion that over the next few hundred years the concepts of White, Black, Asian, … will all be relegated to the history books as nearly everyone’s skin will be some light shade of brown. The…
When we watch the TV or read the newspaper we often see something like “OIL IS UP TODAY” but we really don’t know what that means because there are so many different types of crude oil, each with its own price. Below we briefly explore the 6 oil products that are common to Canadians and Americans and at the bottom of this article we show 60 crude oil types and their prices from around the globe. You can see that…
This short clip from the author of “Prius or Pickup?” Jonathan Weiler, explains that political parties on the left and the right have stopped defining themselves by the size of government and instead focused in emotional responses to identity politics. The discussion uses the US system of Democrat vs Republican but it applies to nearly all parties globally. Political parties now energize there voters by vilifying the other side based on their identity: immigrant vs multi-generation citizen rural vs urban…
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…
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