It’s time for a Russia-Saudi-Arabia-Texas crude oil axis. But it will require the Trump administration to make some concessions
Is a Russia-Saudi-Arabia-Texas crude oil axis possible? Based on the media hype, it seems not just possible – it seems probable. Demand destruction in the oil market was already in place. The coronavirus pandemonium only accelerated it. And the oil price war between Russia and Saudi Arabia only helps to worsen things. The oil industry…
By Steven Globerman and Jairo Yunis The Fraser Institute The Alberta government recently announced cuts to scores of jobs at the Alberta Energy Regulator (AER), including operations staff, headquarter managers and field workers, as part of a major reorganization. The ostensible goal is to make the AER more efficient, effective and resilient by simplifying the…
The link between oil sands development and First Nations prosperity is clear and profound. Project delays can be devastating
By Mark Milke and Lennie Kaplan Canadian Energy Centre When Teck Resources cancelled its proposed Frontier oil sands project last month, Canada lost more than the government revenues and blue-collar jobs the mine would have created. The loss of this project was also a blow to northern First Nations communities. On average, people who live…
Quebec and B.C. are committing constitutional mutiny, preventing Alberta from developing solutions to being landlocked. It’s time for independence
When it comes to trading in markets beyond its boundaries, Alberta would have better options as an independent state than under the status quo currently blocking some of its resources. Alberta is landlocked and landlocked states depend on their neighbours for access to trading seaports. It’s the reason some people quip that an independent Alberta…
Resolving these Indigenous governance issues as well as cleaning up duty to consult policies is good for the First Nations involved as well as Canada
In January 2019, a group of breakaway hereditary chiefs from Wet'suwet'en First Nation in the interior of British Columbia erected a blockade on a remote forestry road in protest of the proposed Coastal GasLink pipeline to Kitimat, B.C. Eventually, the issues were addressed, the barricade came down and work on the site resumed. Observers worried…
There’s been a significant drop in investment across 10 of the 15 major sectors of the Canadian economy, and the federal government is to blame
By Niels Veldhuis and Ashley Stedman The Fraser Institute Canada has massive investment potential. We have an abundance of natural resources, one of the most highly-educated populations in the world, and reside next to the world’s most successful economy. We’re also among the freest countries in the world, with freedom of religion, assembly, movement and…
In 2015, we gathered in the meeting house of the remote Tl’azt’en First Nation at Tache, 215 km northwest of Prince George, B.C. I was there as volunteer chair of the B.C, Industry Training Authority (ITA), the organization responsible for funding and facilitating trades training in the province. Accompanying me were the ITA CEO and…
While the project is a win for the province, the country, the environment and B.C.’s First Nations, these hereditary chiefs don’t see it that way
Support continues for the hereditary chiefs of the Wet’suwet’en First Nation blocking authorized construction of a natural gas pipeline in northern British Columbia. In spite of court injunctions and government pronouncements telling them to desist, they seem prepared for a long and protracted struggle, “having no intention of allowing Wet’suwet’en sovereignty to be violated.” This…
Selecting a pipeline route through Aboriginal title lands requires care, consultation and attention to detail
I remember waking up in the small log cabin I had been given as lodgings on my first trip to Fort Good Hope to explain the route selection process of the Polar Gas Pipeline. There was a small stove close to my bed, and a stack of dry wood and kindling for heat. Outside it…
This is one of those moments when a leader needs to show their mettle in bringing a difficult crisis to a natural conclusion. Justin Trudeau failed
Canada has been involved in a political crisis for nearly three weeks. Nationwide protests by radical activists siding with the Wet’suwet’en tribe’s hereditary chiefs against the construction of the Coastal GasLink pipeline in northern B.C. are ongoing. Some politicians were blocked from entering provincial legislatures or, in the case of Deputy Prime Minister Chrystia Freeland,…
Is a Russia-Saudi-Arabia-Texas crude oil axis possible? Based on the media hype, it seems not just possible – it seems probable. Demand destruction in the oil market was already in place. The coronavirus pandemonium only accelerated it. And the oil price war between Russia and Saudi Arabia only helps to worsen things. The oil industry…
