The Minister of Finance for Quebec issued his economic and financial update on March 28,2013. He says there is basically no problem because a loss of tax and royalty revenue is offset by increases in equalization.

It seems to me the Quebec budget actually exposes a huge...

I really thought the conversation on local natural gas development had moved beyond the mania of an availability cascade in Quebec. Everyone tells me I am optimistic and last week's report in La Presse proves them right.

I remember the following statements over the past few years in...

A recent study lays the blame for the lack of success of shale gas in Quebec at industry's home page. A Canadian Press article more or less agrees. While the study makes many good points it completely misses this one: it avoided mentioning that others avoided...

Some people are calling the deal that transferred exploration licenses from Hydro Quebec to two Quebec junior oil and gas companies 'the theft of the century'. The terms of the deal are private.

One President said he negotiated hard to get a good deal and he was satisfied with the...

"All contracts are legal but some contracts are more legal than others".

After ten years of industry exploration and hundreds of millions of dollars of investment the Government is for a third time changing the rules of the game and ripping up their written contractual promises. Legislation is to be...

You may have heard about Petrolia having troubles drilling their well in the Gaspe due to special new rules made by the municipality.

It shouldn't be a surprise that a municipality decided to make its own rules. The Government of Quebec won't tell anyone how it works or what the...

The decision of the past Government of Quebec to reverse course and order a BAPE review was a financial disaster for Questerre and others. Having lost much of our stock value due to well delays, we lost most of the balance, when the BAPE stunned us with its recommendations.

I think the underlying premise of Matt Damon's new fictional account on the impacts of fracking is insulting to farmers. Well its pretty insulting to oil and gas people too, but other than my mom no one is going to feel sorry about that.

The premise is farmers are vulnerable...

All this talk of 4,000 Quebecers signing a petition committing to civil disobedience is exciting. Living with a false sense of conflict is stimulating. Debunking the allegations of the bloqueux about local natural gas development is entertaining. It makes me hate to ruin everyone's fun with my New Year's wish...

My first blog was December 22, 2010 which was called "Even Norwegians Not Welcome?". It talked about how our Company is primarily financed by and owned by shareholders in Norway. I thought it strange at the time that Quebec who has so much in common with Norway would...

What's in your heart?

According to an old Dutch friend of mine, there is a Dutch saying that goes "what you say is what's in your heart". Basically it means what you say about other people can be a sign of what you yourself believe and how you behave. For...