Alberta

06/12/18
Author: 
Carl Meyer
Finance Minister Bill Morneau speaks to media on Nov. 21, 2018 in Ottawa. Photo by Alex Tétreault

The Trans Mountain oil pipeline is costing a Canadian Crown corporation some staggering interest expenses that cast doubt on strong revenues from the infrastructure touted in the federal government's recent economic update.

The interest expenses were $20 million over a single month in September, right after Prime Minister Justin Trudeau's government purchased the pipeline and related assets from Texas energy company Kinder Morgan for $4.5 billion.

04/12/18
Author: 
Carl Meyer

Alberta Premier Rachel Notley has announced her government is imposing cuts to oil production in the province.

The premier announced the news in a live address to the province on Sunday evening. It was a widely expected move to address what the government and its official Opposition say is costing the province hundreds of millions of dollars in losses due to global market prices.

30/11/18
Author: 
Robyn Allan

November 26th 2018

Alberta Premier Rachel Notley is aggressively advancing a false narrative about heavy oil’s deep discount. She presents the problem in two parts, neither of which stand up to scrutiny.

First, Notley purports that the abnormally wide price spread affects every barrel of heavy oil leading to millions of dollars a day in losses to the Canadian economy. And second, that the Trans Mountain pipeline expansion is crucial. Neither of these claims are supported by the facts.

28/11/18
Author: 
Andrew Nikiforuk
In 2007, an Alberta government warned that bitumen prices could eventually fall so low that the government’s royalty revenues — critical for its budget — would be at risk. Photo via Government of Alberta.

Bitumen prices are low because the province has ignored at least a decade of warnings.

The Alberta government has known for more than a decade that its oilsands policies were setting the stage for today’s price crisis.

23/11/18
Author: 
Eugene Kung
During the 2016 NEB Trans Mountain review, the public was shut out of regulatory hearings. Community members rallied outside the venue while the hearing room remained relatively empty. (Photo: Eugene Kung)
November 21, 2018

“The definition of insanity is doing the same thing again and expecting different results…"

23/11/18
Author: 
Emma McIntosh & David Bruser
The Base Mine Lake with Syncrude's Mildred Lake Mine can be seen in the background north of Fort McMurray, Alta., on Thursday, Sept. 13, 2018. Photo by Codie McLachlan/Star Metro Edmonton

November 23rd 2018

The toxic waste of the Canadian oilpatch has been quietly spreading in the boreal forest since bitumen mining began near Fort McMurray in Northern Alberta in the 1960s.

The mix of clay, water, toxic acids, metals and leftover bitumen has sprawled in artificial ponds to cover an area twice the size of the city of Vancouver.

22/11/18
Author: 
David Ljunggren and Rod Nickel and Julie Gordon

OTTAWA/VANCOUVER — Canada’s federal government is considering a proposal from its main oil producing province of Alberta to share the cost of buying rail cars to move oil stuck in the region because of a lack of pipeline capacity, said two sources with direct knowledge of the matter.

21/11/18
Author: 
Donald Gutstein 

From the new book on Canada and global warming: ‘The Big Stall.’

14 Nov 2018

09/11/18
Author: 
Associated Press
U.S. President Donald Trump, flanked in the White House on March 24, 2017 by pipeline supporters, including TransCanada chief executive Russ Girling, announces he has approved the Keystone XL pipeline. Twitter photo posted by Trump

November 9th 2018

TransCanada's $10-billion Keystone XL pipeline project has suffered another setback after a U.S. federal judge blocked its construction to allow more time to study the potential environmental impact.

The Great Falls Tribune reports U.S. District Judge Brian Morris' order on Thursday came as the Calgary-based energy giant was preparing to build the first stages of the oil pipeline in northern Montana.

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