Canadian Oil's Long Slump May Be Over Soon

CP | Dan Healing, The Canadian Press | Posted 12.12.2016 | Canada Business

Oil is at its highest price in a year and a half.

Cheer Up, Alberta, Oil Prices Just Soared Massively

CP | George Jahn And Kiyoko Metzler, The Associated Press | Posted 12.01.2016 | Canada Business

OPEC is on the verge of a deal to cut oil production.

OPEC-Hating Trump Could Be Good News For Canada's Oilsands

CP | Dan Healing, The Canadian Press | Posted 11.10.2016 | Canada Business

CALGARY — Donald Trump's hostility toward trade with OPEC oil producers and interest in the U.S. energy security could boost demand for Canadian oil...

Think Oil Crash Hit Canada Hard? Check Out These Countries

The Huffington Post Canada | Jesse Ferreras | Posted 04.21.2016 | Canada Business

One country even changed its time zone to save energy.

Saudi Minister Suggests Canada, Others Will Have To 'Get Out' Of Oil

AP/HuffPost Canada | Posted 02.23.2017 | Canada Business

Amid oil price crunch, Saudi minister preaches survival of the fittest.

Iran Snubs Proposal To Cut Oil Production

CP | Ali Akbar Dareini, The Associated Press | Posted 02.17.2016 | Canada Business

Iran admits there's too much oil, but it has a quota to meet.

Iranian Oil Is Back, And It's Undercutting The Competition

CP | The Associated Press | Posted 02.14.2016 | Canada Business

TEHRAN, Iran -- Iran says it has exported its first crude oil shipment to Europe since it reached a landmark nuclear deal with world powers, the offic...

OPEC Agrees To Keep Flooding The World With Oil

CP | George Jahn, The Associated Press | Posted 12.04.2016 | Canada Business

VIENNA — OPEC oil ministers have effectively scrapped their official output ceiling and agreed to keep producing above that level. A statement at t...

OPEC Took A Swing At U.S. And Knocked Down Canada

Bloomberg | Posted 11.20.2015 | Canada Business

OPEC took a swing at U.S. shale and knocked down Canada. Threatened by surging production from North America, the Organization of Petroleum Exporti...

Scotiabank: Oil Industry Is In For Another Year Of Pain

CP | The Canadian Press | Posted 08.31.2016 | Canada Business

CALGARY — Oil companies are in for at least another year of pain, according to Scotiabank's latest commodity price index. The report by Patricia Mo...

Oil Falls Below $40 For First Time Since Financial Crisis

CP | The Associated Press | Posted 08.21.2015 | Canada Business

NEW YORK - A barrel of U.S. crude oil fell below $40 per barrel for the first time since the end of the global economic crisis. Friday's fall, to $...

We Should Transport as Much Oil as We Can by Pipeline

Michel Kelly-Gagnon | Posted 05.27.2016 | Canada Business
Michel Kelly-Gagnon

Just about every aspect of our lives involves a certain amount of risk, of course. It's all about risk management. And indeed, despite the occasional high-profile accident like last week's spill in California, pipelines in general remain very safe. One realistic alternative to transporting Canadian oil by pipeline is transporting that same oil by train or by truck. Yet both of these methods of transport are less safe than pipelines. Logically, then, we should transport as much oil as we can by pipe, and as little as possible by rail or road.

It's Time to End Our Dependence on Oil

Bessma Momani | Posted 06.22.2015 | Canada Business
Bessma Momani

Periods of instability that punctuate oil price history, highlight the importance of energy sector reform, which can be made all the more effective if paired with climate change considerations. To avoid climate change pitfalls created by falling oil prices it is necessary to approach environmental reform in new and innovative ways.

Look At The Massive Spike In Energy Industry Layoffs

The Huffington Post Canada | Daniel Tencer | Posted 02.10.2015 | Canada Business

Announced layoffs in the U.S. energy industry have hit a record high of more than 20,000, according to a new analysis from the Bank of Montreal. Bu...

$80 Oil! No, Wait -- $200 Oil!

The Huffington Post Canada | Daniel Tencer | Posted 01.23.2015 | Canada Business

With oil prices down 60 per cent since last summer, some industry insiders are trying to talk up the market by predicting wild price spikes to come, b...

This Is The Top Business Story Of The Year

CP | Lauren Krugel, The Canadian Press | Posted 03.01.2015 | Canada Business

CALGARY - From Alberta oilfields to Bay Street boardrooms to the gas station on the corner, the precipitous drop in crude prices is expected to have f...

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

Susan Wright | Posted 02.16.2015 | 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.