I've just returned from one of my favourite pastimes -- salmon fishing off the west coast of British Columbia. But even in the remote Kyuquot Sound region, off the grid and far away from the news, it's hard to get away from conversations about the proposed Northern Gateway pipeline that...
(27) Comments | Posted November 15, 2011 | 9:10 AM
Facing growing political and environmental opposition in the U.S. to the proposed Keystone XL pipeline, Canada's landlocked options for exporting its oil have never appeared more costly.
Not only has deadheaded oil in Cushing Oklahoma, the present terminus of the pipeline, put a crimp on expansion plans in the oil...
(3) Comments | Posted October 21, 2011 | 10:14 AM
Heading down to Washington to speak at the Association for Peak Oil-USA's Truth in Energy conference on Nov. 2, I sense a general malaise within the peak oil movement.
The pequists, as they have become known, appear to be on the defensive these days as they once again roll back...
(75) Comments | Posted September 29, 2011 | 11:50 AM
The more you hear about the extraordinary efforts that governments around the world are taking to promote economic growth, the less confident you can be in the result.
With the clock ticking on a Greek default, members of the European Monetary Union are considering sweetening their bail out pot for...
(0) Comments | Posted July 27, 2011 | 10:44 AM
Even though the world economy is drowning in government debt, borrowing rates remained chained to record low rate setting by the G7 central banks.
In the U.S., the Federal Reserve has effectively anchored its key setting federal funds rate around zero. The Bank of Canada, for all its warnings...
(1) Comments | Posted July 14, 2011 | 12:07 PM
The International Energy Agency may not have a solution but no one can accuse them of no longer understanding the gravity of the problem.
In their June report, the IEA warned that unless OPEC could increase production by at least 1.5 million barrels a day, world oil demand is...
(5) Comments | Posted July 6, 2011 | 4:42 PM
Oil sand producers in Alberta can't but help notice the nearly $20 per barrel spread between landlocked West Texas Intermediate and global prices such as Brent Crude.
Even the U.S. Department of Energy is charging world oil prices (Light Louisiana Sweet -- whose price mimics Brent) for the 30 million...
(0) Comments | Posted June 30, 2011 | 10:41 AM
Just why did the United States and the International Energy Agency decide to release 60 million barrels of oil next month from their strategic petroleum reserves?
The IEA cites the loss of 1.5 million barrels of Libyan production but that's been going on since February. So...

(6) Comments | Posted September 7, 2012 | 1:24 PM