Below are the biggest conventional oil discoveries of 2018 grouped by the country they were found in. As you can see, these top 10 countries alone found more than 6 Billion of Barrels of Oil Equivalent. Those that want to “keep it in the ground” are just not realizing that oil is a global commodity. As large as Canada and the US are at producing it, if we don’t others will. That means blocking pipeline like the Northern Gateway, Energy…
We spent many hours pouring over old records, press releases and news articles to generate this complete time line of all things Trans Mountain. Many of the entries are linked to specific websites as references. Entries without link were mostly taken from THIS file sourced from the now defunct BCWaters.org site. We also have picture gallery of both old and new Trans Mountain images HERE. 1947 Feb Oil discovered near Leduc (near Edmonton) Alberta 1951 Mar Trans Mountain Pipeline Company Company…
At first glance, the November 30th 2018 announcement that Marriott Hotels / Starwood had their reservation database hacked and 500 million client records stolen seems like just another data breach that we have all become accustomed to. However the Marriott breach is no run of the mill event, here’s why: 1 – The Marriott breach is the third largest breach in history: Marriott is the owner of some major brands that you likely have had dealing with and those were…
At URTech.ca we are pretty serious about tech and tech these days includes “the cloud”. The problem is that most people really don’t understand what “the cloud” is and so this video will quickly clear up any questions you have: Ok… that was pretty damn funny and is most places “safe for the office” but the question remains of what is the cloud… seriously. The simplest and very correct way to explain “the cloud” is that it is just someone…
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…
There is much hype on the so-called “non-market” clause in the USMCA (aka. NAFTA 2.0): ‘Astonishing’ clause in new deal suggests Trump wants leverage over Canada-China trade talks: experts SOURCE Chinese embassy in Canada condemns ‘US veto’ clause in North America trade deal SOURCE Beijing attacks USMCA clause seen as blocking efforts to expand trade with Canada, Mexico SOURCE Alarm bells ring over non-market economy clause SOURCE and it many political opponents wrote things like: Conservative MP Michael Chong accused…
In an era of apparently undeniable Russian state sponsored interference in American and UK Elections social media companies like Facebook, Twitter & Google have been called to account for their part in the ‘attacks’. This begs the question, how much responsibility do internet and social media companies really have for blocking misinformation by primarily foreign entities? In this video Bloomberg explores Keith Rabois’, a Silicon Valley venture capitalist and PayPal Vice President, opinion that social media is just another form…
There has been much debate in recent weeks about the size of Toronto City Council. Currently there are 47 elected councilors in the Greater Toronto Area (GTA) and newly elected Ontario Premier (and former Toronto City Councillor) Doug Ford announced he is reducing that number to 25. You can make solid arguments on both sides of this issue: Reasons To Keep Toronto City Council at 47 Better representation The cost of each councilor only about 0.00008% of Toronto’s $14.2B annual budget…
The Canadian Federal Government under Prime Minister Justin Trudeau has legalized recreational cannabis (pot) as of October 17th, 2018. As a result of this legalization, cannabis companies have been massively expanding their traditional indoor facilities to meet the expected new demand. Indoor hydroponic facilities offer very good security protections but are vastly more expensive than outdoor facilities. How Much Does It Cost To Grow Marajuana? The cost to grow cannabis below is in 2018 Canadian Dollars and represents the average reported…
Let’s be clear that General Motors and all automobile manufactures do NOT want government regulation to mandate a Zero Emissions, Zero Crashes and Zero Congestion world, but they do want laws that: approach those achievable goals are shared in many jurisdictions apply to everyone In the video below GM President Dan Amonn explains GM’s GOALS of Zero Emissions, Zero Crashes and Zero Congestion and that their investments are very long cycle that need to be based on consistent regulations to avoid…
Support for the Kinder Morgan Trans Mountain pipeline continues to rise and now has the support of more than 2/3rds of Canadians. Further, another poll released on May 18 2018 shows support for the expansion has also continued its surge in BC, now sitting at more than 60% of BC residents. However, the media has frequently given the impression that First Nations do not support the expansion and that is simply inaccurate. David Chartrand, VP of the Metis National Council points out that nearly all…
You would expect that if petroleum products can not be efficiently transported to world markets, that there would be an oil and gas oversupply in Canada and that would drive the prices down. However, it turns out that two factors cause that not the be the case: the majority of large petroleum contracts in Canada (and around the globe) are transacted in US dollars the Canadian dollar is a “petro-currency” meaning that petroleum exports are so important to the economy…
It is well established that even well intentioned government intervention in industry very often ends up causing more problems than it solves. Today one of the issues facing the United States is a loss of jobs in the steel industry and so President Trump claimed this is a National Security Issue and so used his unilateral power to impose a 25% tariff on imports of steel into the United States. On its face, this seems like a good idea. Simplistically,…
Alberta is used to energy shocks and can quickly adjust to the environment, especially an oversupply. BC gets 80% of its gasoline from Alberta which cannot possibly be replaced with tanker trucks from the US… because BC does not have any pipelines their either. Also, yesterday the Premier of Saskatchewan has said his province will also cut off BC if Alberta does. Put simply, BC is completely beholden to Alberta for Energy and Alberta is beholden to BC for very…
The current Kinder Morgan Trans Mountain pipeline debacle agonizingly demonstrates that even medium scale infrastructure projects are easily stalemated in Canada. This has scared away vast sums of foreign direct investment as investors look for easier, more reliable places to put their money. This is a crisis and it appears that the Trudeau Federal Government is taking it seriously. Prime Minister Trudeau announced yesterday that his government would be introducing legislation to ensure this pipeline is constructed in a timely…
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…