About Jeff

Jeff Rubin was the Chief Economist at CIBC World Markets for twenty years. He was one of the first economists to accurately predict soaring oil prices back in 2000 and is now one of the world's most sought-after energy experts. He lives in Toronto.

Recent Blog Post

  • If Alberta oil heads east, benefits for Ontario are hard to see

    The Northern Gateway Project, introduced in the middle of the last decade, promises to keep British Columbia mired in debate for years more to come. Despite the National Energy Board’s recent approval, staunch opposition from First Nations groups and environmentalists looks set to suspend the pipeline in a state of legal limbo. Across the border, [...]

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  • Why are Obama and Harper so out of sync on carbon emissions?

    In the US, President Obama has declared a war on coal that’s taking direct aim at his country’s largest polluters. He might not win, but he’s using his mandate to throw his weight behind the environment. In Canada, meanwhile, Prime Minister Harper is using his to muzzle weather forecasters at the Meteorological Service of Canada [...]

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What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization have in common?

They all depend on cheap oil. In a world of dwindling oil supplies and steadily mounting demand, there is no such thing as cheap oil. Oil might be less expensive in the middle of a recession, but it will never be cheap again.

Take away cheap oil, and the global economy is getting the shock of its life.
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