Amid oil price crunch, Saudi minister preaches survival of the fittest.
Think oil in the $20s is bad? In Canada they’d be happy to sell it for $10. Canadian oil sands producers are feeling pain
Canadian house prices would drop 26 per cent on average if oil fell to $35 a barrel and stayed there for five years, says
Persistently low oil prices could pose a bigger threat to Canadians’ sky-high consumer debt loads than to oil companies, according
The “market death” phase of the oil downcycle is about to commence as margins of many producers are starting to dry up, according
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
‘Unbelievable’ decline in oil drilling could impact banks, construction Cost-cutting budgets in Alberta, Quebec will reduce
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.
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.
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.