Alberta Energy Minister Sonya Savage says it is high time that the Liberal government treats Alberta’s oil and gas reserves as a strategic asset, and not a liability to be phased out to the detriment of energy security. Speaking at a press conference on March 11, Savage said the Russian invasion of Ukraine has put…
Energy Policy in North America Focuses on Climate Change to the Neglect of Energy Security: Alberta Energy Minister
March 12, 2022
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Biden: Helping Dictators and Harming Americans
Commentary When the Biden administration appeals to Iran, Venezuela, and Saudi Arabia for oil but rejects American and Canadian oil and gas production, there is something profoundly wrong. Why does Joe Biden think dictators are better than Americans? Why send money to Iran instead of Oklahoma—or to Venezuela instead of Texas? If he wants to…
Expanding Canadian Hydrocarbon Production Could Hurt Russia Economically, Bergen says
With Canada steadily increasing sanctions on Russia to respond to its invasion of Ukraine, the Conservative Party is calling for the government to use the country’s hydrocarbon resources to hurt Russia economically. “Safety, security, sovereignty—those must be all top priorities for any government, and it should be Canada’s priority especially now,” said interim Conservative leader…
Biden’s Land Bureau Breaking Law on New Oil and Gas Lease Sales: Barrasso
February 17, 2022
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Sen. John Barrasso (R-Wyo.), ranking member of the Senate Energy and Natural Resources Committee, has condemned the Department of the Interior’s Bureau of Land Management (BLM) for its failure to publish a public notice of onshore oil and gas lease sales for this quarter. He said their continued inaction violates the federal Mineral Leasing Act…
After Second Hearing, GOP Senators Still Dissatisfied With Answers From Interior Nominee
February 8, 2022
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A second hearing on Laura Daniel-Davis to serve in a key Department of the Interior post has done little to allay the concerns of many Republicans. Daniel-Davis, who previously worked in the Obama administration and as chief of policy and advocacy for the National Wildlife Federation, is currently principal deputy assistant secretary for Land and…
Russia-Ukraine Conflict Could Intensify Europe’s Energy Crisis
Global energy markets are monitoring the potential conflict at the Ukraine-Russia border as crude oil and natural gas prices are rallying Wednesday. Investors are observing possible supply disruptions in Russia and threats to the United Arab Emirates’ energy infrastructure following missile attacks by Yemen’s Houthi rebels. These developments have provided an immense appetite for bulls…
Western Australia Explores Underground Storage Solutions For Massive Hydrogen Yield
The Western Australia (WA) government has spent $1 million on exploring the feasibility of using depleted oil and gas wells, salt caverns, and underground mines to store the vast quantities of hydrogen it plans to produce in the near future. The state which has its eyes on becoming a hydrogen-making giant and is set to…
Oil, Gas Outperform ESG as Sustainable Investing Peaks
Oil and gas stocks outperformed fashionable environmental, social, and governance (ESG) companies in 2021. Despite getting hammered in the early days of the global health crisis, energy businesses have returned to prominence over the last year. Exxon Mobil climbed about 50 percent, Chevron advanced roughly 40 percent, ConocoPhillips soared 70 percent, and Suncor surged 42…
Oil and Gas Companies’ 2021 Success Hints at Promising Future for 2022 and Beyond
After weathering a brutal 2020, a banner 2021 showed how the resilient Canadian oil and gas sector can flourish.
Environment Minister Has Full Plate as Trudeau Ramps up Climate Agenda
Canada’s new environment minister Steven Guilbeault has a lot on his plate as the government seeks to tackle what it says is the existential threat of climate change. Guilbeault received his mandate letter from Prime Minister Justin Trudeau on Dec. 16, which contains twice as many issues to pursue compared to the former minister in…
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