Source: Sam Thompson, globalnews.ca, April 22, 2020 The impact of the coronavirus pandemic may have reverberations across the oil industry for a few years. The low cost of gas these days might seem like a welcome change, but the drop in oil prices due to the coronavirus pandemic could be devastating if they stay low… Continue reading Low gas prices due to COVID-19 could have long-term impacts
Tag: Oil Industry
Alberta raises oil quotas for August as rail exports grow, storage levels slip
Source: The Canadian Press, June 27, 2019 CALGARY — The Alberta government says it will ease its oil production curtailment program by 25,000 barrels per day in August. The province is citing growing crude-by-rail capacity, declining oil inventory levels and improved efficiencies in export pipelines for the move. Last week, the National Energy Board reported… Continue reading Alberta raises oil quotas for August as rail exports grow, storage levels slip
Keep Our Energy Sector Running
I remember seeing a For Sale sign on an old 2002 model car that read: “The Queen rode in this car in 2002. It starts, it runs, it stops.” The sales tactics were both funny and original, but at the end of the day, they were still selling an old, junkie car. Similarly, Canadians are… Continue reading Keep Our Energy Sector Running
‘We need pipelines in the ground’: Convoy of Alberta truckers join pro-pipeline rally
Source: CTV News, December 19, 2018 A pro-pipeline convoy with thousands of truckers blared their way through an Alberta town Wednesday with a message for Prime Minister Justin Trudeau: “We don’t need handouts.” Two days after Trudeau announced a boost of $1.6 billion for the province’s struggling energy sector, oil and gas workers asked for action on… Continue reading ‘We need pipelines in the ground’: Convoy of Alberta truckers join pro-pipeline rally
Feds expected to announce $1.6 billion for struggling oil patch
Source: CTVNews.ca’s Josh Dehaas with reports from CTV Calgary’s Mark Villani and CTV Alberta Bureau Chief Janet Dirks The federal government is expected to announce $1.6 billion in funding for Alberta’s struggling energy sector on Tuesday, CTV News has learned. Most of the money would go towards job support. The announcement is expected one day after Calgary’s… Continue reading Feds expected to announce $1.6 billion for struggling oil patch
Over 100 People Gathered for Oil and Gas Rally in Kindersley
Peaceful Rally Gathered to Support the Energy Sector Last Saturday (December 15th) Kindersley Mall was scene to a rally supporting oil and gas as well as pipelines. “Let’s take a stand for our oil and gas industry in Saskatchewan and support Alberta. Show the faces of people here directly and indirectly affected by decisions in… Continue reading Over 100 People Gathered for Oil and Gas Rally in Kindersley
Large crowd gathers in northern Alberta city to rally for oil pipelines
Source: Phil Heidenreich, Global News, December 16, 2018 As concern grows among workers and politicians over Alberta’s embattled energy sector, a massive rally got underway in the city of Grande Prairie, Alta., to support the resource industry and to call for pipelines to be built. A Global News reporter at the demonstration said “there are easily… Continue reading Large crowd gathers in northern Alberta city to rally for oil pipelines
Alberta finance minister says Quebec premier doesn’t understand oil industry
Source: Andy Blatchford, The Canadian Press, December 10, 2018 OTTAWA — Quebec’s resistance to a pipeline carrying western Canadian oil across its territory shows the provincial premier’s lack of understanding about the Alberta energy industry, the Albertan finance minister says. Speaking ahead of a federal-provincial finance ministers’ meeting Monday in Ottawa, Joe Ceci argued Alberta… Continue reading Alberta finance minister says Quebec premier doesn’t understand oil industry
Sask. announces ‘aggressive’ new program to encourage more drilling
Source: Janani Whitfield, CBC News, December 5, 2018 Minister says new drilling will not undermine Alberta’s move to cut heavy oil production Saskatchewan is offering a new, “more aggressive program” to encourage more drilling in the face of what some in the industry are describing as a critical, high stakes time for the oil and gas… Continue reading Sask. announces ‘aggressive’ new program to encourage more drilling
As Alberta cuts oil production, Notley has list of demands for Trudeau
Source: Josh Dehaas, Janet Dirks, CTV News, December 3, 2018 Alberta Premier Rachel Notley says that cutting provincial oil production will help to temporarily address the province’s economic crisis, but she also needs Prime Minister Justin Trudeau’s government to “step up.” Notley made the comments Monday after announcing the province will cut output of oil… Continue reading As Alberta cuts oil production, Notley has list of demands for Trudeau