The expansion, now expected in late 2023, will help meet continued world oil use, benefiting Canadians
The case for the Trans Mountain Pipeline expansion remains strong as oil demand is on its way to a new record high, according to industry analysts. Following nearly two years of world consumption exceeding supply, global oil demand is expected to reach a first-ever 101.6 million barrels per day in 2023, according to the International Energy Agency…
Episode #14 continues our Decarbonization series, the first of three featuring David Yager (bio below). The series was produced by KEI Network for Troy Media. We welcome your comments below. David Yager David Yager is an oil service executive, entrepreneur and long-time writer. He has worked in the oil industry since 1970, and from…
Today’s guest is Yogi Shulz (see his bio below). This episode explores decarbonization for addressing climate change and specifically discusses the impediments of passion and politics. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of today’s moderator and guest: Yogi Schulz Yogi Schulz was a founding…
Global Energy Show signals Canada’s oil and gas recovery and strong future
A 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…
It's time our politicians did what's right and cut taxes to help Canadians afford their daily needs
As far as Canadian politicians are concerned, the soaring cost of living is like winter slush, summer mosquitos and other unfortunate forces of nature. They would love to help, but what can they do? Here’s an idea: our politicians just need to follow the lead of other countries and cut the stack of hidden taxes…
And stop undermining our role as a trusted resource supplier
In early June, the economics team at the Royal Bank of Canada (RBC) published a revised forecast for Canada and the 10 provinces. The good news is that notwithstanding slowing global growth, soaring inflation and escalating geopolitical tensions, Canada seems reasonably well positioned to navigate its way through the rest of 2022 and into next…
Today’s guest is Yogi Shulz (see his bio below). This episode explores decarbonization for addressing climate change and specifically discusses how reason should trump emotion. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of today’s moderator and guest: Yogi Schulz Yogi Schulz was a founding partner…
New pipeline infrastructure helps connect Canada’s oil producers with demand from U.S. refiners
The tables have turned in the largest refining market in the U.S., with oil imports from OPEC countries like Saudi Arabia and Iraq taking a dramatic drop in the last five years. That’s thanks to increased imports from Canada, even without the Keystone XL pipeline that would have provided a direct connection from Alberta to…
Canada can be the solution as the world looks for reliable energy while maintaining GHG targets
Canada 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…
Today’s guest is Yogi Shulz (see his bio below). Yogi explores the issue of climate change and the inconvenient truth of decarbonization, setting up episode 12 that addresses options for a solution. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of today’s moderator and guest: Yogi…
Operational and funding costs are huge: $548M in 2019 (before COVID-19) and $597M in 2021
Investment managers and investors should often ask: If I didn’t already own this stock, would I buy it today? By any criteria, Via Rail, a federal Crown corporation, is not a good investment – even under unrealistically favourable assumptions. The federal government should rigorously examine this charitably-designated ‘enterprise,’ then aim it toward one of two…
His fictional story may have the best ideas anyone has had about assessing COVID impacts
A hallmark of Albert Einstein’s career was his use of thought experiments or “Gedankenexperiment” as a fundamental tool for understanding physical issues and elucidating his scientific concepts. These thought experiments employed his incredible imagination and took diverse forms. As a boy, Einstein mentally chased beams of light. For special relativity, he conceived moving trains and…
Today’s guest is Dave Collyer (see his bio below). Dave reviews the frustrations of the industry and its current challenges. He advances the importance of frank dialogue, collaboration, and Net-Zero as an economic challenge. He considers the diversity of potential solutions and the need to simultaneously sustain Canada’s economy while also pursuing Net-Zero. Finally, he…
21,000 jobs, $890 million in taxes and about $2.5 billion in annual GDP
There’s been a big step forward for a major proposed Canadian liquefied natural gas (LNG) project that’s seen as an opportunity for economic reconciliation with Indigenous communities and help to reduce global greenhouse gas emissions. Partners in the Ksi Lisims LNG project, including the Nisga’a Nation, have applied for a 40-year LNG export licence and…
There are 2,449 coal-fired plants operating worldwide, 189 under construction and 292 planned
Coal use around the world is rising in what the head of the International Energy Agency (IEA) calls “a sobering reality check” for targets to reduce emissions. Against that backdrop, global demand for liquefied natural gas (LNG) is soaring, in part because it can help displace coal power and reduce emissions by half – or…
Today's guest is Eddie Isaacs (see his bio below). Eddie provides a background on the contribution of crude oil to Canada’s economy and innovations for achieving Net-Zero. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of today’s moderator and guest: James Carter James Carter retired from…
Buying only what we really need eases our budgets, simplifies our lives and cools the economy
Inflation is a relatively new concept to younger people, who have never experienced the onslaught of rising prices. It’s chilling to those who have lived through or learned of times when hard-earned and well-saved money depreciated in value. Monetary policy in Canada aims to keep inflation at or under two per cent. The latest rate…
Its impact on the overall economy means everyone will suffer
Prime Minister Justin Trudeau is eyeing a wealth tax to pay for his government’s spending spree. Heavily redacted documents obtained by the Canadian Taxpayers Federation show Trudeau asked for an analysis of a $60-billion wealth tax. With indefinite deficits looming, it must be tempting to grab that cash. But a wealth tax would inflict economic…
Could become a new large-scale industry for Canada while reducing our environmental footprint
Canada’s largest oil sands producers are “in full-scale development mode” on a major joint project designed to significantly reduce greenhouse gas emissions and propel the sector down the path to net-zero. The companies have planned one of the world's largest carbon capture and storage (CCS) projects. It’s a key piece of what could become a…
Most of the world has managed to move on past these divisive – and just plain dumb – policies
Preston Manning already occupies a place of honour in our history books as the father of modern conservatism. His accomplishments are too numerous to recount in this short article, and his articles, essays and books are many. With his many accomplishments and at his stage in life, one would think Preston would choose an easier…
Today's guest is Capital Power’s Kate Chisholm, who maintains that we need to come to terms with the fact that the goal of powering the world with 100 per cent renewables is an impossible pipe dream. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of today’s…
This episode features the introductory presentation in our final episodes on decarbonization – Pathway to energy, economic, and environmental sustainability by James Carter. He is also the Moderator for our final episodes. James is the former COO of Syncrude Canada and a graduate of Harvard Business School. The series was produced by KEI Network for…
Natural gas is an absolutely critical part of any clean energy mix
The future looks brighter for Canada’s emerging liquefied natural gas (LNG) industry. A second project, Woodfibre LNG, has received the green light and a major expansion is being considered for the under-construction LNG Canada plant. It’s no surprise given the red-hot global market for LNG. Last year, LNG prices increased by 435 per cent compared…
The sector will be critical to Canada, and the world, for decades to come
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…
Today's guest, Mark Summers, Chief Strategy Officer for Emissions Reduction Alberta, provides a number of examples of GHG emissions reduction projects underway. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eddy Isaacs Eddy Isaacs is the former CEO of Alberta Innovates…
High inflation distorts the application of the capital gains taxes that many of us pay
By Valentin Petkantchin and Olivier Rancourt Montreal Economic Institute The 5.7 per cent year-on-year inflation Canada registered in February has not been seen since the early 1990s. Expansionary monetary policies and the economic sanctions accompanying the Russia-Ukraine war suggest that significant inflation is here for a while. High inflation not only erodes our purchasing power,…
Already a steady supplier and can grow significantly if major projects get the go-ahead
Europe needs new suppliers to get off Russian oil and maintain energy security in the long term. Newfoundland and Labrador’s offshore oil industry is already a steady supplier and can grow significantly if major projects get the go-ahead. “We have the potential certainly to be producing more,” says Paul Barnes, Atlantic Canada and Arctic director…
Today's guest, Oskar Sigvaldason, explains just what Net-Zero means and the continuing relevance of hydrocarbons for energy, while outlining the various changes required for transforming Canada's energy economy. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eddy Isaacs Eddy Isaacs is…
Today's guest, Axel Meisen, explains nuclear fission and fusion, and the significant contributions each is expected to make for meeting the increasing global demand
Today's guest, Axel Meisen, explains nuclear fission and fusion, and the significant contributions each is expected to make for meeting the increasing global demand, and decarbonization, of energy in the long term. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eddy…
Oil tankers off West coast are bad but drilling for oil off Newfoundland's coast is OK
We 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…
The case for the Trans Mountain Pipeline expansion remains strong as oil demand is on its way to a new record high, according to industry analysts. Following nearly two years of world consumption exceeding supply, global oil demand is expected to reach a first-ever 101.6 million barrels per day in 2023, according to the International Energy Agency…
