As you have no doubt heard, Alberta Premier Rachel Notley has forced oil production cuts starting at 350,000 barrels per day in January 2019 and hopes to reduce those cuts to 95,000 barrels per day by the end of 2019. We wanted to know how much oil is that so Read more…
There is a fair amount of misinformation floating around the oil sector about the oil production cuts that Premier Rachel Notley announced on Dec 2nd 2018. Here are the facts in a simple FAQ format: 1 – Where did the number 325,000 barrels per day come from? Alberta estimates that Read more…
How many times can politician cry wolf before the electorate stand up and say, that is not “our way”: Conservatives believe in small government and limited regulation Liberals believe in larger government and substantial regulation or at least they used to: Alberta: United Conservative Party (UCP) Leader Jason Kenny is Read more…
This short video shows that the price of oil you see on TV is far from what Canadian Oil Producers receive. As a basis for comparison we used Western Canadian Select (aka W.C.S.) which is a blend of several oils that is about 20% lower quality than the North American Read more…
In recent years the Olympics has had more and more citizens reject the hosting of the event in their city. When Calgary declined this week, it marked the first time in history that a former host city had citizens vote down a new bid. These are troubling times for the Read more…
When we watch the TV or read the newspaper we often see something like “OIL IS UP TODAY” but we really don’t know what that means because there are so many different types of crude oil, each with its own price. Below we briefly explore the 6 oil products that Read more…
On Wednesday October 31st, The City of Calgary shaved less than 4% off the proposed Calgary 2026 Olympic Winter Games bid math by claiming saving in security and venue changes. While this is an improvement, the numbers just don’t add up because: Many of the numbers presented are in 2026 Read more…
Today the former leader of the Alberta Wild Rose party Brian Jean published an op-ed in the Edmonton Journal explaining his view that Canadian courts have now seized too much power: Something is fundamentally wrong. Our courts, motivated by virtue-signalling and triggered by legal actions funded by foreign interests, routinely override the Read more…
UPDATE Nov 4 2018 – See our take on the new “lower” cost 2026 Calgary Olympics: Revised Calgary 2026 Olympic Bid Math is Fiction We answer the question of who pays the bill for the Calgary 2026 Winter Olympic Games by using two sets of official numbers and one set of Read more…
As you can see below oil sands cover an extremely large part of Alberta and that resource is going to be extracted. The question is how? The two most common ways of separate the oil from the sand in the Alberta Oil / Tar Sands is to boil it or Read more…
Take a look at the Canadian oil production forecasts below notice that the predictions from 2010 have been UNDER-estimated. As you can see even with the 2014 oil price collapse oil sands production just kept chugging along. Some have speculated that the tar/oil sands are like any other extractive industry Read more…
In a word, yes. While conventional oil production in Alberta has been at the same level for years, Alberta’s oil sands have hit yet another production record and the oil will move one way or another. As you can see in the chart below, Canada is out of pipeline capacity Read more…
There are many quotes from the Alberta United Conservative Party that effectively say, the Alberta NDP caused their own oil pipeline mess by empowering those that oppose the oil industry: How was someone like Tzeporah Berman named co-chair of the ‘Oil Sands Advisory Group’ given her clear positions BEFORE appointment? Outrageous Read more…
We have two versions (full and highlights) of Alberta Premier Rachel Notley’s speech to the Alberta Teachers Association conference in Edmonton in which she explains that the Trans Mountain Pipeline will not cause increased carbon emissions because: The demand for oil will increase through 2045 and that demand will be met Read more…