Some people still understand petroleum's role in the prosperity of modern societies.
Canada's crude oil reserves are the third-highest on Earth.
The U.S. State Department found that Keystone XL would produce fewer greenhouse gas emissions than oil-by-rail to the Gulf of Mexico.
The oil price and volume of production drive the Alberta and Saskatchewan crude oil royalty formulas.
The $16 billion Energy East and Eastern Mainline pipeline proposal was regulated to death.
The National Energy Board’s recent report helps answer some key 'oil to market' questions.
The obvious strong influence of the environmental lobby on the policy positions of Democrat office-holders poses a huge hurdle for future North American energy integration through initiatives such as cross-border pipelines.
Carbon taxes are once again dominating the discussion over energy policy in Alberta, where Environment Minister Diana McQueen has proposed a sharp hike to Albertas carbon levy. Presently, large emitters in Alberta are required to reduce greenhouse gas emission intensity (that is, emissions per unit of production) by 12 per cent, or face a levy of $15 for every tonne they come up short. The new proposal would hike the emission intensity target to 40 per cent, and raise the levy to $40. Nice round numbers, to be sure, but extremely ambitious ones.