Kudos, and caveats, for Alberta’s royalty review

The recommendation that the provincial government “seize opportunities to enhance value-added processing” could turn into a fiasco

Kudos, and caveats, for Alberta’s royalty reviewBy Kenneth P. Green and Steve Lafleur The Fraser Institute On Friday, Jan. 29, the Government of Alberta released the long-anticipated report of the Royalty Review Advisory Panel. The review, a campaign promise by the NDP government, was the source of some anxiety in the province. As evidenced in a recent Fraser Institute bulletin, investor…

New climate tests for pipelines unnecessary

Transporting oil by pipeline rather than rail or tanker may actually lower GHG emissions

New climate tests for pipelines unnecessaryBy Kenneth P. Green and Taylor Jackson The Fraser Institute The federal government is about to roll out new regulatory requirements for Canada’s energy industry. The new rules will require the environmental reviews of pipelines and liquefied natural gas (LNG) terminals – critical energy infrastructure projects – to consider the greenhouse gas (GHGs) effects of…

Oil is a blessing for Alberta – not a curse

Even in bad times, Alberta benefits significantly from its natural resources

Oil is a blessing for Alberta – not a curseBy Steve Lafleur and Kenneth P. Green The Fraser Institute Ever since oil prices began declining from historic highs, it’s become fashionable to claim that Alberta – and Canada – bet it all on oil and lost. It’s an “I told you so” narrative for those who view natural resources as a curse, rather than…

Notley government’s royalty retreat a lost opportunity

The industry wins, and Albertans lose, again

Notley government’s royalty retreat a lost opportunityOne can only imagine the panic in the NDP backrooms as oil prices crumpled while the Alberta Royalty Review panel ground its way through the issues: “Guys, times are tough, is this really the hill we want to die on?” Clearly the answer is no; the Review panel released its finding and – no surprise…

Perfect Storm about to hit Alberta

But new national energy policy could save the province and ensure economic stability across the country

Perfect Storm about to hit AlbertaAlbertans can be forgiven for feeling a little woozy this holiday season. Eighteen months of economic turmoil have taken their toll on the economy — and more bad news is around the corner. The perfect storm about to hit Alberta could make the past year feel like the good old days. Strike one is the continuing…

Investor confidence waning in Alberta

Alberta has fallen from the 16th most attractive jurisdiction in the world in 2014 to 38th of 126 jurisdictions in 2015

Investor confidence waning in AlbertaBy Kenneth P. Green and Taylor Jackson The Fraser Institute For the past decade, investment in Alberta’s vast oil and gas resources has allowed the province to become Canada’s economic leader. Even when compared to other energy producing provinces and American states, Alberta was a top performer on economic indicators such as real GDP growth…

Ban on oil tanker traffic not based on evidence

Issuing a moratorium on oil tanker traffic off B.C.’s north coast ignores the evidence on the safety of transporting oil by sea

Ban on oil tanker traffic not based on evidenceBy Kenneth P. Green and Taylor Jackson The Fraser Institute During the recent election campaign, the new federal government committed to pursuing evidence-based public policy. In the mandate letters delivered to each minister at the end of last week, there’s a sentence that states: “our work will be informed by performance measurement, evidence, and feedback…

Fracking bans not evidence based

Calls for bans and moratoria are unjustified given the results of research into the risks

Fracking bans not evidence basedBy Kenneth P. Green and Taylor Jackson The Fraser Institute There’s never a dull moment in the debate over the safety of hydraulic fracturing – a process where water, sand, and a small amount of chemicals under high pressure are used to crack open rock formations, allowing oil and gas to be extracted. Hydraulic fracturing…

Time for a Canadian energy strategy

In rejecting Keystone, Obama blew apart the underlying logic of Canada’s current energy strategy

Time for a Canadian energy strategy"Control your own destiny or someone else will," Jack Welch, former CEO of General Electric, once said. These words came back to me when I learned that U.S. President Barack Obama had rejected TransCanada Corp.'s application to build the Keystone XL pipeline. The pipeline would have carried Alberta bitumen from Hardisty to Nebraska, where it would…

Energy sector squanders special relationship with Albertans

Its crass betrayal will not be forgotten, or forgiven

Energy sector squanders special relationship with AlbertansAlbertans have long memories, and one of their fairest is almost a century old. It’s a highly emotional tale, filled with swaggering oilmen and wildcatters from places like Oklahoma and Texas bringing their wide-eyed optimism and their money to Alberta during the Great Depression. When the bottom fell out of the Alberta economy in the…