Tar Sands

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.

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.

08/11/18
Author: 
SUSAN CAKE , EMMA JACKSON , ERIC PINEAULT , IAN HUSSEY

Nov 8, 2018 -  This report analyzes the economics of the five largest bitumen-extractive corporations in Canada. The “Big Five” are Suncor Energy, Canadian Natural Resources Limited (CNRL), Cenovus Energy, Imperial Oil, and Husky Energy. We examine the key features of the five firms and analyze their accumulation dynamics in the context of the latest commodity cycle: boom (2004–2014), bust (2014–2016), and restructuring and consolidation (2015 onward).

02/11/18
Author: 
Emma McIntosh, Steph Wechsler, Carolyn Jarvis & Mike De Souza

November 1st 2018

The Price of Oil

The Alberta Energy Regulator is apologizing for a “staggering” presentation, made last February by one of its highest-ranking officials, warning the province’s oilpatch that it could be sitting on an estimated $260 billion in financial liabilities.

02/11/18
Author: 
Mike De Souza, Carolyn Jarvis, Emma McIntosh & David Bruser
 new estimate delivered in a private February 2018 presentation by a senior Alberta Energy Regulator official estimates that the province's fossil fuel industry has a $260 billion liability. File photo of Alberta oilsands facility by Kris Krug

November 1st 2018

Cleaning up Alberta's fossil fuel industry could cost an estimated $260 billion, internal regulatory documents warn.

The staggering financial liabilities for the energy industry’s graveyard of spent facilities were spelled out by a high-ranking official of the Alberta Energy Regulator (AER) in a February presentation to a private audience in Calgary.

02/11/18
Author: 
Mike De Souza, Carolyn Jarvis, Emma McIntosh & David Bruser

Nov 1, 2018 - Cleaning up Alberta's fossil fuel industry could cost an estimated $260 billion, internal regulatory documents warn.

The staggering financial liabilities for the energy industry’s graveyard of spent facilities were spelled out by a high-ranking official of the Alberta Energy Regulator (AER) in a February presentation to a private audience in Calgary.

30/10/18
Author: 
Jameson Berkow

[See video with link]

Billions of dollars are lost to Canada’s hefty heavy oil price discount every year. But no matter how many new pipelines are built, the bleeding will never fully stop.

25/10/18
Author: 
TREVOR HARRISON , HARVEY KRAHN

The past year has seen intense political fighting between Alberta and British Columbia centred on pipeline development, the actions of protesters, and environmental issues more broadly. Given the importance of the issues involved, the authors re-examined the results of a survey of residents of Alberta and BC, conducted between February 9, 2017 and March 9, 2017 by the Population Research Laboratory at the University of Alberta.

22/10/18
Author: 
Ben Parfittt

Oct 22, 2018 - 

In a decision without precedent in its 25 years of existence, British Columbia’s Environmental Assessment Office (EAO) has told Progress Energy that two massive unauthorized dams that it built will not have to undergo environmental assessments.

19/10/18
Author: 
David J. Climenhaga

Oct 18, 2018 - Highly concentrated corporate ownership of Canada's energy sector and lack of government influence mean there's very little incentive for the fossil fuel industry to pay attention to the dangers of global climate change or worry about the communities and workers that depend on it.

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