Oil Price

Oil Price War Enters 'Market Death' Phase

Financial Post | Posted 04.09.2015 | Canada Business

The “market death” phase of the oil downcycle is about to commence as margins of many producers are starting to dry up, according to an energy ana...

$40 Oil Is Coming, TD Bank Says

CBC | Posted 04.02.2015 | Canada Business

Oil is likely to fall to the $40 a barrel mark in the second quarter of 2015 before recovering in 2016, according to a new report from TD Economics. ...

Fear Of An Oil-Price ‘Contagion'

The Huffington Post Canada | Daniel Tencer | Posted 03.29.2015 | Canada Business

‘Unbelievable’ decline in oil drilling could impact banks, construction Cost-cutting budgets in Alberta, Quebec will reduce economic growth...

Oil Prices Won't Bounce Back Anytime Soon: Conference Board

CP | Lauren Krugel, The Canadian Press | Posted 03.25.2015 | Canada Business

CALGARY - The Conference Board of Canada delivered bad news Wednesday for those hoping the pain from the latest crude oil downturn will subside any ti...

Now This Is A Crisis: $317 For A Pack Of Condoms In Venezuela

CP | The Associated Press | Posted 02.09.2015 | Canada Business

CARACAS, Venezuela — Condoms are the latest item to become scarce — and costly — in Venezuela. Once easy to find, condoms disappeared from ph...

Feds Out $4.3 Billion, Provinces Out $10 Billion As Oil Collapses

CP | Andy Blatchford, The Canadian Press | Posted 03.22.2015 | Canada Business

OTTAWA - A new report by the Conference Board of Canada is predicting the oil-price collapse to cut federal revenues by $4.3 billion this year.The stu...

Why This is the Optimal Time to Seize the Climate Change Moment

Cameron Fenton | Posted 03.22.2015 | Canada
Cameron Fenton

This is the climate movement's moment to seize. It's a moment for the labour movement and climate movement to join together to demand investment in re-tooling and re-training workers to build the new economy. It's a moment to divest from dangerous fossil fuels like tar sands and reinvest in the solutions that are here and growing.

TSX, Loonie Slide As Oil Prices Hit 4-Year Low

CP | By Malcolm Morrison, The Canadian Press | Posted 11.13.2014 | Canada Business

TORONTO — Energy stocks helped push the Toronto stock market lower Thursday as concerns about oversupply pushed crude oil prices below US$75 a barre...

Pressure – And Oil Prices – Rise Around Fiscal Cliff Danger

CP | Sandy Shore, The Associated Press | Posted 01.14.2013 | Canada Business

The price of oil rose Wednesday on new concerns about possible supply disruptions in the Middle East after Israel launched airstrikes in Gaza.Benchmar...

Oil Price Slip Slides Away On IMF's Gloomy Prediction

CP | The Associated Press | Posted 12.10.2012 | Canada Business

LONDON - The price of oil edged down toward US$92 a barrel on Wednesday amid gloomy forecasts for world economic growth.By early afternoon in Europe, ...

Peak Oil Is About Price, Not Supply

Jeffrey Rubin | Posted 12.21.2011 | Canada Business
Jeffrey Rubin

Peak oil as it turns out isn't about supply but rather demand. It is a concept rooted more in economics than geology. It doesn't matter if there are billions of barrels of oil waiting to be tapped from oil sands or oil shales if the prices to extract them are beyond our economies' capacity to pay.

Canada's Oil Sands Boondoggle

John Vaillant | Posted 12.15.2011 | Canada Politics
John Vaillant

The Keystone pipeline will not serve American interests, but delight the Canadian government and its oil lobby. In addition to draining your pocketbooks and further compromising your environmental health, it will enrich Canadian politicians who don't believe in climate change.