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Premier Notley says ‘PIMBY’ to new Alberta refinery
On Premier Rachel Notley’s Christmas list was new petroleum refining capacity for her province of Alberta. In early December she issued a request for expressions of interest in new capacity to Alberta’s oil and gas industry and though ...
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Increased crude-by-rail in Alberta comes with increased risks
This week Alberta Premier Rachel Notley announced her government will purchase rail cars in an attempt to reduce the province’s transportation bottlenecks and help lower the massive oil price differential for Canadian heavy crude. ...
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Trudeau sticking with Bill C-69
In the Calgary Herald, Chris Varcoe recently reported that Alberta Environment Minister Shannon Phillips expressed concerns about federal Bill C-69, which would radically revise the process of environmental assessment for major ...
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Alberta needs diversification—of oil transport capacity
If it wasn’t already clear why Alberta needs a broader customer base and more highly diversified oil transportation capacity, recent events should make it painfully obvious. First, despite today’s dip, oil prices for West Texas ...
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Trans Mountain—socializing costs is not the answer
Last week, the Trudeau government did what innumerable governments do when they become frustrated over failure to achieve a political aspiration—they throw money at it. Federal Finance Minister Bill Morneau (pictured above) announced, ...
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A defining moment for Canada
A meeting this Sunday in Ottawa between Prime Minister Justin Trudeau, Alberta Premier Rachel Notley and B.C. Premier John Horgan may help influence Canada’s investment potential for years—perhaps decades—to come. The recent postponement ...
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B.C.-Alberta pipeline war imbued with environmental hypocrisy
Last week, in the latest skirmish in the British Columbia-Alberta pipeline wars, B.C. Premier John Horgan (pictured above) responded to an Alberta threat to turn-off the oil taps to B.C. (thus hiking gas prices in his province) by saying ...
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Premier Notley and pipelines—better late than never
One must give credit where credit is due, and Alberta Premier Rachel Notley’s evolution on pipelines is due some credit. She fired a warning shot with the short-lived British Columbia wine embargo, but is unlimbering some far heavier ...
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U.S. invites new oil and gas investment while Canada lags behind
Last week, America’s oil and gas sector received good news on the investment front. Pembina Pipeline Corp’s CEO Mick Dilger said that the next “game-changing” project could be in the United States, not Canada. He’s referring to the ...
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Costly regulatory delays loom over Canada’s energy industry
Last week Kinder Morgan projected that the Trans Mountain pipeline project could be a year behind schedule as it continues to face permitting delays. The company initially expected the $7.4 billion project to be in service by late 2019, ...