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 Read more…
What is Wealthsimple? What is a roboadvisor? What is an ETF? Why Mutual Funds are a bad investment option? How can I setup an account? These questions and many more are explained in this video: https://youtu.be/Tmfpn1YnOL0 What is Wealthsimple? Wealthsimple is a roboadvisor. Their slogan is “investing on auto pilot” Read more…
Few people can envision a world with a greater economic shutdown than what we have seen in the COVID-19 Pandemic. The bright side of this unprecedented collapse is the world has seen skies over industrialized cities cleaned up to a degree many thought impossible. It is an undeniable fact that Read more…
In this short edited interview from BNN Bloomberg Technology show, Huawei’s US chief of security explains that blocking US companies from selling billions of dollars in hardware to China’s Huawei, will only force them buy parts elsewhere. This blockage will slow down Huawei but will not stop them. It will, Read more…
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. https://youtu.be/eFzSr3e8ccU 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 Read more…
Those of us in the West have been using ecommerce sites lite Amazon and eBay since the dawn of the internet in the mid-1990’s, but as is often the case those who start second learn from others mistakes and are even more successful. Today every chain retailer has an ecommerce 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…
There has been so much pointless coronavirus finger pointing between China and the US in recent weeks that there has not been a substantive discussion about the exit strategy to this or any other pandemic. That does not mean that serious people have not been thinking about how to get 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 https://youtu.be/3rrCggh9Yq8 .
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 Read more…
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 Read more…