Market Monday – US Crude Prices rise to 2014 levels

Global Instability is causing Crude price levels to rise and rise. US and IRAN deals being a big one, but Canada is not immune. Crude prices hit above $70 US per barrel for the first time in a long time. November 2014, actually. Obviously there are many factors in the price, but a big one is the expectation that US President Donald Trump will abandon the 2015 Iran Nuclear deal. This deal actually allowed Iran

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BP Canada okay to proceed and start offshore oil drilling off the coast of Nova Scotia – Wind Farms? No chance!

While BP Canada gets green light to start drilling of the coast of Nova Scotia, Wind Energy companies told to look elsewhere! Halifax, May 2, 2018  – While I was away on holidays, Canada continued to confuse the heck out of me from afar…  A Community Update from BP Canada on the Scotian Basin Exploration Project –  “On April 21, 2018 the Canada‐Nova Scotia Offshore Petroleum Board (CNSOPB) granted an Approval to Drill a Well  (ADW) to BP and authorized the commencement of drilling operations for the Aspy D‐11 exploration well.   On April 22, 2018 BP commenced drilling operations at the Aspy D‐11 wellsite. “ Wow! – Drill, baby, drill apparently!  — Good for you Halifax.  From BP, the area in

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Protesting Canadian Oil and Gas Production Isn’t Protecting The Environment – It’s Helping Global Billionaires

Canadians have the freedom to protest and disagree. A RIGHT that is not shared equally around the globe. For that I am truly thankful for being Canadian. I have also learned lately that not all protests are created equal – meaning some protests, like my protest against bed-time as a toddler, were valid, sure, but probably not that enlightened. Which leads me to the Kinder Morgan pipeline protests. At least 750 people were expected to

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Federal Court deals blow to B.C. pipeline appeal – Victory for Economy says Notley

Federal court rejects B.C. government’s appeal against NEB’s local bylaw ruling B.C. province wanted ruling overturned that allows pipeline construction to be exempt from municipal laws The provincial government says the Federal Court of Appeal has dismissed its application to appeal a National Energy Board ruling that allows Kinder Morgan to bypass City of Burnaby bylaws during construction on the Trans Mountain pipeline expansion. The court also ordered B.C. to pay the costs “Another victory for

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Oil Sands Saturday – Canada’s RAIL transport of oil to become expensive

  Pipelines much safer than shipping oil by rail, Fraser Institute study says ‘I hope it becomes better understood that saying ‘No’ to a pipeline is saying ‘Yes’ to rail and that is to increase the risk to the environment and human health and not decrease it,’ lead author says Moving oil and gas by pipeline was 4.5 times safer than moving the same volume the same distance by rail in the decade ended in 2013

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