Posts Tagged ‘Oil Sands’

The downside of oil independence

Posted by Jeff Rubin on December 2nd, 2014 under SmallerWorldTags: , , ,  • 8 Comments

What a difference a couple decades can make. OPEC’s decision to maintain production has rocked the TSX, sending energy companies as well as governments scrambling to figure out what to do in a new world order where oil prices might continue to slide. Rewind to the energy crisis in the 1970s and a decision by [...]

Share

If beaten up Canadian investors are looking to assign blame for the bruising suffered by their portfolios of late, they could do worse than point an accusatory finger at China. The resource super-cycle that drove valuations so much higher over the last decade is now hobbling along at a snail’s pace and China is a [...]

Share

A sharp correction in oil prices is putting the debate around major pipeline projects, such as Keystone XL, into a more nuanced light. Part of the impetus behind constructing new pipelines to carry bitumen from northern Alberta to the U.S. Gulf Coast, Kitimat on the Pacific, or even all the way across the country to [...]

Share

Canada’s oilpatch is basking in an extended sweet spot of sorts. Commodity prices aren’t spiking in a way that’s sure to sink the global economy, nor are they plumbing depths that would force small producers out of business and big players to start tightening their belts and cutting jobs. The global oil market, however, is [...]

Share

Standing side by side in Ottawa last month, the Prime Ministers of Canada and Australia jointly blasted carbon taxes as environmentally ineffective job killers. As outspoken defenders of a carbon economy, the pair, it they cared to look, would find themselves as part of a club with an ever-dwindling membership. Neither, it is worth noting, [...]

Share