Crude Oil Prices

Oil Surges With News Of OPEC Meeting That Isn't Even Happening

The Huffington Post Canada | Jesse Ferreras | Posted 04.20.2016 | Canada Business

What the heck.

Oil Prices Approach $35 A Barrel

CP | Posted 03.04.2016 | Canada Business

They haven't quite closed at US$35 a barrel. But they're close.

Don't Confuse Peter MacKay's Pipeline Claims For Facts

Elizabeth May | Posted 02.25.2016 | Canada Politics
Elizabeth May

There is a catechism of the fossil fuel industry, with oft-repeated claims that seem by repetition to escape examination. Peter MacKay's recent opinion piece on pipelines was a veritable greatest hits compilation of such claims. He writes that "pipelines are by far the safest means of transporting oil." The first muddying of facts is the notion that we are talking about shipping oil. All the current pipeline proposals, including Energy East, are primarily about shipping unprocessed bitumen. Bitumen is in a pre-crude state and can only be casually referenced as "oil" if one accepted the idea that grain should be referred to as "croissants" when discussing markets.

Oil Is So Cheap, Pirates Don't Even Want It

The Huffington Post Canada | Emma Paling | Posted 02.18.2016 | Canada Business

The business of piracy is no longer that profitable.

Energy East Is Anything But Canadian Oil For Canadians

The Council of Canadians | Posted 02.04.2016 | Canada Business
The Council of Canadians

When TransCanada first announced its 4400km Energy East pipeline project from Alberta to Saint John, the spin was all about nation-building. This spin is dependent on the idea that Energy East will see crude produced in the Prairies replace so-called foreign imports to Atlantic Canada.

Notley's Approach To Energy East Is What Alberta Politics Need

Doug O'Halloran | Posted 01.26.2016 | Canada Politics
Doug O'Halloran

She gets that this is about more than just politics. Progress on energy projects isn't going to be achieved through grandstanding. If that were the case, we would have seen more success from the efforts of our previous provincial and federal governments.

These Were The Stock Market's Biggest Winners And Losers In 2015

CP | Marley Jay, The Associated Press | Posted 12.23.2015 | Canada Business

It was a year to make old guard companies shudder.

The Contrasting Impacts of Plummeting Oil Prices

Peter Hall | Posted 05.15.2015 | Canada Business
Peter Hall

Canada's energy sector service and equipment exporters are in for tough times, and cash flows for oil and gas exporters will tighten significantly. This is already beginning to spill red ink on Canada's trade and fiscal statistics. However, Canada's non-energy sector exporters should see a substantial boost.

A "Fair Price" for Canada's Oil Is a Slippery Slope

DeSmog Canada | Posted 03.13.2014 | Canada Politics
DeSmog Canada

The basic argument goes like this: A barrel of oil sands crude currently trades at a lower price than other global oil benchmarks. That price gap means Canadians are losing money on every barrel sold. Access to world markets will fetch higher prices, elevating our collective prosperity. It's a persuasive story, tickling the part of the brain associated with loss aversion. No one wants to bleed money day after day. At the same time it paints a picture of one nation, our fortunes rising and falling in unity. It's good politics. But the reality is more complex.

The Costs of Canada's Inability to Ship Oil to Market

Kenneth P. Green | Posted 01.23.2014 | Canada Politics
Kenneth P. Green

As almost everyone knows by now, Canada has some interesting challenges looming when it comes to transporting increasing oil production to markets both inside and outside of Canada. What many Canadians might not realize is how important oil exports are to Canada's economy, and how these exports may have become a crutch.

Should the Global Economy Brace for Another Middle Eastern Oil Crisis?

Jeffrey Rubin | Posted 11.03.2013 | Canada
Jeffrey Rubin

The U.S. military has targets picked out in Syria and President Obama is trying to convince Congress that America needs to intervene. If the U.S. does go ahead with tactical strikes against the Assad regime, oil markets will be caught in the middle. Any significant reduction in exports will be felt in the rest of the world.

Europe, US Weigh Down Oil Prices

CP | Pablo Gorondi, The Associated Press | Posted 04.20.2013 | Canada Business

The price of oil hovered below US$96 a barrel Monday, weighed down by data released late last week which showed that U.S. industrial production weaken...

5 Reasons Why You Pay So Much At The Pump

The Huffington Post Canada | Alexandra Macqueen and Andrew Fransen | Posted 08.29.2011 | Canada Business

That familiar pain you feel at the pump has returned with a vengeance this year, after an all-too-brief reprieve from the gasoline price highs seen in...