No Canadian province made it into the top 10 most attractive jurisdictions in North America for oil and gas investment, according to a recent survey, while Texas and Oklahoma take the top spots. The Canada-US Energy Sector Competitiveness Survey 2021, which polled senior executives from the petroleum sector, found that U.S. states are much more…
Canada Falls Short in Top 10 Ranking of Most Attractive Regions for Oil Investment in North America
Top Oil and Gas Executives at World Petroleum Congress Discuss State of Industry and Climate
December 9, 2021
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Business & EconomyCompaniesemissionsfuelgreenhouse gasLocal Newsoil and gasRegional-Local NewsTexasUS
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HOUSTON—Oil and gas will remain the dominant fuel source for decades to come, the industry’s top executives said on Wednesday, making their case not to be under valued as governments seek to reduce carbon emissions to address climate worries. Executives at this week’s World Petroleum Congress in Houston offered a defense of the industry’s efforts…
Reminder to Alberta: Energy Booms Can Be Fleeting
Commentary There is a popular bumper sticker often seen in Alberta. It says: “Oh please God let there be another oil boom. I promise not to piss it all away this time.” The bumper sticker originated during the oil price crash during the late 1980s. It then resurfaced during the oil price crashes of 1997,…
DOI Pushes for Higher Fees for Offshore, Onshore Oil and Gas Companies
November 26, 2021
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American Petroleum InstituteBusiness & EconomyDepartment of the InterioreconomyEnvironmentMarketsoil and gasPolicies & ImpactsScienceSierra ClubSteve ScaliseUSUS News
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A new Department of the Interior (DOI) report on oil and gas leasing in federal lands and waters advises the DOI’s Bureau of Land Management (BLM) to raise royalties, rental rates, and other fees on oil and gas companies but has not moved to halt new leasing entirely. During his 2020 presidential run, President Joe…
Energy Security Risks Won’t Disappear With Change to Renewables: Expert
Risks related to energy security won’t become a thing of the past in the context of transitioning to renewables, they will merely be transferred to the sources and providers of the green energy technologies, says a senior fellow at the Macdonald-Laurier Institute (MLI). “What many people forget is that the risks to energy security do…
Warren Blasts US Oil Producers for Fuel Exports Ahead of Winter
Sen. Elizabeth Warren (D-Mass.) questioned some of the Unites States’ largest natural gas producers about exporting “record amounts” of heating fuels as Americans head into the winter months while energy prices continue to climb. “I am writing regarding my concern about rising natural gas prices for American consumers, the impact this will have for families…
Gas Prices Are Rising. Who Did That?
November 23, 2021
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Alex Epsteinbiden administrationclimate changeDemocratseconomyEnvironmentExecutive Branchgas pricesgasolineJen PsakiJennifer GranholmJohn BarrassoLudwig von Misesoil and gasPoliticsSaule OmarovaScienceUSUS News
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News Analysis The stickers are a smash hit. At the top: President Joe Biden, pointing with double finger guns or, in one of several other versions, a single outstretched finger. Underneath him, in bold black text: “I Did That!” or a variation thereof. Slapped on a gas pump next to the digital meter display, the…
Will the Rights of Indigenous Oil Sector Workers and Business Owners Be Protected in Guilbeault’s Climate Crusade?
Commentary Minister of Environment and Climate Change Steven Guilbeault has returned from the COP26 summit full of enthusiasm and big plans. As a former Greenpeace activist, Guilbeault surely enjoyed his week in Glasgow rubbing shoulders with the world’s top environmental virtue signallers. Feeling invigorated, he is doubtless eager to act soon in cracking down on…
Oil and Gas Will Be in the Energy System ‘For Decades to Come’: BP Chief
Oil and gas will continue to play an ongoing role in the global energy system for decades, BP’s Chief Executive Bernard Looney said Monday. While the British multinational oil and gas company has committed to become a net-zero company by 2050 or sooner in an effort to tackle climate change, and is actively focusing on reducing emissions, the…
Why Is Biden Threatening an American Pipeline While Begging Russia, OPEC for Oil and Gas?
Commentary Fresh after publicly begging Russia and the Organization of the Petroleum Exporting Countries (OPEC) to produce more oil and natural gas to ease a global supply crunch and skyrocketing energy prices, the Biden administration is nonsensically considering shutting down an American pipeline that’s crucial to our energy security. The question is, why? For more…
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