O.P.E.C.

OPEC Sets Up the Rollercoaster, Albertans Take a Ride (Again)

Susan Wright | Posted 12.17.2014 | Canada Alberta
Susan Wright

OPEC's decision to maintain production gives Mr. Prentice an opportunity to remake government. Instead of protecting Big Oil from OPEC, Mr. Prentice should protect Albertans from Big Oil by revamping Alberta's revenue structure and diversifying our economy so that Albertans will never experience another crash like the crash of 2015.

Gas Prices 'Set To Nosedive'

The Huffington Post Canada | Daniel Tencer | Posted 11.28.2014 | Canada Business

Gas prices in Canada are already at multi-year lows, but they're not done falling. Pump prices are “set to nosedive” in the coming days, thanks...

UN Climate Talks Are an Annual Exercise in Futility

Capt. Trevor Greene | Posted 07.06.2014 | Canada Politics
Capt. Trevor Greene

Over the next 26 years, what Time magazine called "the annual exercise in futility that is the U.N. climate summit" has been staged around the world and has consistently produced daily dramatic walkouts, finger-pointing, stall tactics and peacock-like posturing.

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.

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, ...

Obama Flushes Canadian Interests Down the Pipeline

Kathryn Marshall | Posted 03.20.2012 | Canada
Kathryn Marshall

Everyone sees Obama's decision to stop the Keystone XL pipeline exactly for what it is: an attempt to save his own career. Having failed to impress swing voters with his economic performance, the president has been forced to capitulate to the extreme environmentalist lobby to fund and redeem his re-election bid.

Is Canadian Oil Less Ethical When Unethical Nations Invest in It?

Kathryn Marshall | Posted 01.01.2012 | Canada Business
Kathryn Marshall

The fact that investors from unethical countries have stampeded to Canada's oil patch anyway is proof that the ethical way we do business is the right way. They recognize that Canada's oil can be produced profitably when businesses -- and governments -- adhere to the strictest ethical codes.

Not Too Late for Europe to Back Ethical Oil

Kathryn Marshall | Posted 12.23.2011 | Canada Politics
Kathryn Marshall

If there's any oil that Europeans should be worried about, it's all the bloody conflict oil entering its borders and that it will continue to depend on as long as they insist on closing their doors to ethical, Canadian oil.

Why Isn't Ahmadinejad on a No-Fly List?

Mark Dubowitz | Posted 11.20.2011 | Canada
Mark Dubowitz

The U.S. and EU pass travel bans to great fanfare, yet ignore them completely when sanctioned officials travel to meetings of international organizations. As Congressman Ted Deutch (D-FL) wrote, these measures are meaningless if loopholes allow sanctioned Iranian officials to travel freely.

Oil Prices Fall Below $86 U.S. A Barrel Amid Concern About Europe's Debt Crisis

CP | Pablo Gorondi, The Associated Press | Posted 11.12.2011 | Canada Business

Oil prices fell below US$86 a barrel Monday as OPEC cut its forecast for global oil demand and investor concerns over Europe's debt crisis prompted an...

World Oil Markets Face Production Shortfall in Second Half

Jeffrey Rubin | Posted 09.13.2011 | Canada
Jeffrey Rubin

The IEA warned that unless OPEC could increase production by at least 1.5 million barrels a day, world oil demand is going to surpass available supply during the second half of the year. If there is not enough supply to match the global economy's consumption, world oil prices have only one direction to go.