No sign of major crude oil price decline any time soon

Bullish pressure on crude oil markets doesn’t seem to be easing

No sign of major crude oil price decline any time soonCrude oil prices fell last week, notching their second weekly decline in the face of concern that rising interest rates could push the global economy into recession. Yet the future of crude oil still seems bullish to many. Spare capacity, or lack of it, is just one of the reasons. The global surplus of crude…

$1.25-million project tackles clubroot resistance in canola

Researchers and agriculture company battle the crop-damaging disease and train new scientists

$1.25-million project tackles clubroot resistance in canolaA $1.25-million research project is tackling clubroot resistance in canola to help battle new strains of the crop-damaging pathogen. Funded by agriculture company BASF, University of Alberta plant scientists Stephen Strelkov and Sheau-Fang Hwang will work to identify new sources of pathogen resistance that can be bred into canola seeds. New strains of clubroot, a soil-borne disease that attacks the…

Canadian energy sector has been down, but will never be out

Global Energy Show signals Canada’s oil and gas recovery and strong future

Canadian energy sector has been down, but will never be outA clear signal that Alberta’s oil and gas industry is alive and kicking was Calgary’s Global Energy Show held June 6 to 8. Last held in 2019, this important annual event was one of the many casualties of the COVID-19 pandemic in 2020 and 2021. Originally called the National Petroleum Show when it was started…

Health Canada’s new food labelling makes no sense

Saturated fat in beef, and pork: bad. Saturated fat in dairy products: nothing to see here

Health Canada’s new food labelling makes no senseIt looks like we will see different symbols on food packaging soon, telling us whether a food product at the grocery store has too much fat, sugar or sodium. Health Canada is likely going forward with a policy requiring front-of-package nutrition symbols on foods high in saturated fat, sugars and sodium. It will provide clear,…

Energy doesn’t have to be a political weapon

Canada can be the solution as the world looks for reliable energy while maintaining GHG targets

Energy doesn’t have to be a political weaponCanada and its partners in the G7 are calling on OPEC for solutions to the growing energy security crisis they say is a “grave concern” for households – particularly low-income households – around the world. The G7 is made up of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. It’s asking Organization…

The world’s remarkable reversal on the future of oil

The industry is hesitant to invest in production after years of disdain from politicians and environmental radicals

The world’s remarkable reversal on the future of oilThe love/hate relationship between oil companies and the world’s billions of customers is unique in the world of commerce. Until recently, the plan was to replace oil and gas with no workable plan to replace their products. Now people want more oil and gas production as quickly as possible. But not from Russia. This stunning…

Teachers must stop undermining parental values

Teachers are hired to educate students, not to indoctrinate them

Teachers must stop undermining parental valuesWhen parents send their children to school, they place a lot of trust in teachers. It’s important that teachers not undermine that trust. Unfortunately, some teachers haven’t learned this lesson. For example, last year a school posted a message on its outdoor sign stating that farming affects oceans and that the chemicals used in farming…

The global energy map faces dramatic revisions

Putin's war on Ukraine has changed everything

The global energy map faces dramatic revisionsEnergy security is back on the global agenda. Not long ago, energy security was almost taken for granted by all. With the emergence of new energy frontiers over the last decade and a half – including shale oil and gas and the growing emphasis on renewables in the Americas – it was felt that energy…

Canada’s oil and gas workers don’t need a forced ‘just transition’

The sector will be critical to Canada, and the world, for decades to come

Canada’s oil and gas workers don’t need a forced ‘just transition’The idea of the need for a “just transition” for Canadian oil and gas workers is based on the false narrative that global demand is now decreasing and, therefore, Canada’s industry will no longer be profitable or essential in the very near future. This is not true. Oil and gas will continue to be critical…

How much, how fast: Research sheds new light on carbon storage

Groundbreaking work could help industry understand how to store carbon safely over the long term

How much, how fast: Research sheds new light on carbon storageA University of Alberta researcher is working to improve how carbon dioxide is stored and absorbed when it’s pumped underground for safe, long-term storage. By taking an up-close look at the processes of carbon capture and storage (CCS), Amy Tsai, a professor in the Faculty of Engineering, is getting a better idea of how CO2 is transported…

Will oil prices stall or continue to rise?

The relief we’re seeing from market manipulation could fade soon

Will oil prices stall or continue to rise?Bearish sentiments continue to overshadow the crude oil markets. Despite a small spike at the tail end, prices registered a back-to-back retreat last week. Several factors are in play. The announcement of the release of 180 million barrels of crude from the United States Strategic Petroleum Reserves (SPR) over the next six months played a…

Western Canada continues to get shafted by Trudeau

Oil tankers off West coast are bad but drilling for oil off Newfoundland's coast is OK

Western Canada continues to get shafted by TrudeauWe all know politics is the art of the possible. Perfection isn’t for the real world. We aren’t surprised when tradeoffs and the occasional compromise creep into government policies. Nor do we require elected members of government, even at the ministerial level, to be experts in their portfolio areas, although we expect them to avail…

Canada’s energy strategy defies stark global realities

Western leaders are acting in ways that make your cringe: It's like watching an out-of-control teen at their first party

Canada’s energy strategy defies stark global realitiesPeople have been asking for my thoughts on the recently announced federal climate plan. I shrug. I ask them what their thoughts are on the Iowa State Fair Hog Calling Regulations. I’m indifferent. I know I should care, but what’s the point? The feds throw something at us; we have to work with it. We…

WEBINAR: Balancing energy, environment and the economy

Today's guest, David Parker, discusses among other things, the importance of aligning political will, the truth and the public

The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eric Newell Moderator Eric Newell’s career began with Imperial Oil and Esso, where his skills as an engineer and manager made him a valuable asset. He was frequently sent “on loan” to sites…

Federal oil and gas emissions plan will hurt Canadians 

Canada is the solution to reliable, affordable, responsible energy security

Federal oil and gas emissions plan will hurt Canadians The federal government’s plan to require a 42 per cent reduction in emissions from Canada’s oil and gas sector by 2030 is based on assumptions divorced from reality and will ultimately hurt Canadians. Setting aggressive targets to cap and reduce the sector’s pollution – while no other major producing nation does the same – is…

WEBINAR: Decarbonization: The dilemna for Canada

Our second episode in our 10-part series on decarbonization features Hal Kvisle, former CEO of Talisman Energy

The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eric Newell Moderator Eric Newell’s career began with Imperial Oil and Esso, where his skills as an engineer and manager made him a valuable asset. He was frequently sent “on loan” to sites…

Can Canada fill the gap if the world quits Russian oil?

It won’t be easy because Canada lacks the infrastructure to ship oil or gas to Europe directly

Can Canada fill the gap if the world quits Russian oil?With serious endeavours to reduce dependence on Russian energy supplies underway, global energy markets are faced with a real challenge: where will the oil come from to fill the emerging supply shortfall? As part of their efforts to punish Russia for its Ukraine misadventure, Western countries are trying to cut off their dependence on Russian…

Canada’s oil sands represent U.S. energy security

Oil sands' commitment to reduce emissions means reliable and sustainable energy for North America

Canada’s oil sands represent U.S. energy securityThe growing global energy security crisis caused by Russia’s invasion of Ukraine highlights the unique value of Canada’s oil sands to North America. Along with the sector’s stable, reliable supply is the joint commitment by virtually all oil sands producers to reduce total emissions and reach net zero by 2050 to help fight climate change.…

WEBINAR: The forces and sources of change in the global energy economy

The first episode in our 10-part series on decarbonization

Our guest, Dennis McConaghy, makes a strong case for Canada to set “adaptation” as a national goal, disbelieving that containing a 1.5-degree increase in the global temperature by 2050 can be achieved. He argues that attaining Net-Zero emissions through decarbonization has unacceptable costs and is not achievable. He argues that balancing imports/exports and setting a punitive…

Canada can still help provide Europe with energy security

Access to stable and affordable energy from Canada is important to the Free World

Canada can still help provide Europe with energy securityCanada’s chattering classes – often more accustomed to playing the ineffectual dovish role – are rushing to prove their outrage over Russia’s invasion of Ukraine and demonstrate their resolve to make Russian President Vladimir Putin pay. However, these are often the same people who opposed Canadian gas pipelines, which could help fellow NATO countries. The…

Why an old idea could breathe new life into rural economies

Reinvesting in local co-operatives could help attract people to rural communities and keep them there

Why an old idea could breathe new life into rural economiesShould we be looking to the past to help boost the future of the province’s rural economy? A hundred years ago, local co-operatives were a fairly common way of doing business in rural areas. Now the Alberta Centre for Sustainable Rural Communities is researching ways to make this old model work in a modern economy. “It’s a…

Grazing mirroring natural patterns protects grasslands from drought

Research could help ranchers adapt to climate change and preserve vital ecosystems

Grazing mirroring natural patterns protects grasslands from droughtRanchers who frequently rotate cattle between fields – resembling how bison once moved across Canada’s prairie – build drought resistance into Western Canada’s grasslands, according to a series of University of Alberta studies designed to find ways to improve the net carbon balance of grazed grasslands and nurture more resilient landscapes. “The way we manage…

Regina bans plastic bags – sort of

Does nothing for the environment and everything to inconvenience shoppers

Regina bans plastic bags – sort ofImagine if a city suddenly fined people hundreds of dollars for something they regularly did hundreds of times a year. That’s exactly what Regina and many other municipalities have done by banning single-use plastic bags. One column is barely room enough to skim how unjustified the reasoning for this move, and how bad the execution,…

Pipelines must be part of the world’s energy transition

Cancelling Keystone XL and Energy East were political blunders

Pipelines must be part of the world’s energy transitionThe United States is divided on issues stretching from racial discrimination to the environment and energy. With global crude oil supplies under pressure and prices about to touch the three-digit mark per barrel, an interesting debate has begun: Has the Biden administration, with its commitment to climate change issues, undermined the health of that country’s…

Fossil-fuel follies, hypocrisy and ignorance plague us all

The unrealistic goal to achieve net-zero led to impractical, hypocritical and simply bizarre actions

Fossil-fuel follies, hypocrisy and ignorance plague us allLast year saw an intensification of the great march to “net zero” emissions, aimed at replacing the 84 per cent of global energy currently supplied by fossil fuels. This unrealistic objective saw actions ranging from the impractical to the hypocritical to the simply bizarre. Here’s my list of what I’ll call the fossil fuel follies.…

Canada needs a better strategy to transition to a low-carbon future

Current climate policies ignore the long transition period required to develop reliable alternative energy systems

Canada needs a better strategy to transition to a low-carbon futureBy Eric Newell and Perry Kinkaide Contributors Balancing energy, the environment and the economy is critical. Yet current climate policies and plans – including Canada’s – are designed to phase out fossil fuel production entirely as rapidly as possible, largely ignoring the several decades-long transition required to develop reliable alternative energy systems. To be effective,…

Why Canada should embrace carbon-capture projects

Carbon capture is key to reaching net zero emissions by 2050

Why Canada should embrace carbon-capture projectsFour hundred academics recently signed a letter to the federal government, condemning the next big thing in emissions reduction. They’re all wrong. Their target was Canada’s world-leading, greenhouse-gas-busting carbon capture and storage initiative. Carbon capture and storage (CCS) has been hailed as a key to reaching net zero emissions by 2050. The Alberta government kicked…

Saudis have Americans over a barrel as oil prices rise

Oil prices may reach triple figures later this year

Saudis have Americans over a barrel as oil prices riseGlobal oil markets touched a seven-year high last week before capping gains late Friday. Prices have already gone up by more than 10 per cent this year. But the signals are ominous. Continued signs of robust demand have come despite: the COVID-19 Omicron wave; growing geopolitical instability in Eastern Europe and the Middle East; the…

Fossil-fuel demand is set to surpass pre-pandemic levels

Oil markets breaking out of their long-term downward trend

Fossil-fuel demand is set to surpass pre-pandemic levelsDespite the Omicron variant of COVID-19 hitting the world badly, the Organization of Petroleum Exporting Countries and its allies in the expanded OPEC+ have confirmed the scheduled output increase of 400,000 barrels per day (bpd) for February. By now, OPEC+ countries have restarted about two-thirds of the production they halted in the early stages of…

Expect more oil price uncertainty in 2022

No one has a real handle on the market and its future direction

Expect more oil price uncertainty in 2022Despite the growing call for a cap on their consumption, fossil fuels are going nowhere. They will continue to drive our energy-driven civilization for the foreseeable future. Global oil demand is on the verge of reaching its pre-pandemic levels. As a result, oil markets posted their biggest gains since at least 2016 as 2021 wound…
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