With all of the recent discussions surrounding the possibility of electric cars, many economics investors have already started to move beyond crude in search of the next technological revolution. But the reality is that the world economy is not even close to eliminating the use of fossil fuels, and it will be quite some … Continue reading Commodities Economics: What Is Peak Oil?
An interesting point made in this month’s cover story for Oilsands Review, “The blame game behind the anti-Keystone XL campaign was made possible by a paradigm shift in the consciousness of American environmentalists. The traditional environmentalist sought to reduce their footprint by limiting material consumption. But this, unfortunately, demands an austere lifestyle that is out … Continue reading anti-Keystone XL campaign was made possible by a paradigm shift by environmentalists
It is entirely plausible the only result from the Alberta savings fund (currently at just under 18 billion) after the oil boon will be a paltry 4.6 billion. That’s $4.6 billion generated from decades of revenues and trillions of royalty dollars. A handful of Albertans lament on the lost savings and the short sightedness of … Continue reading Why Alberta Oil Savings is Not like Norway but should
//cdn.gotraffic.net/projector/latest/bplayer.js The answer is yes, and the ones who will suffer? Well, everyone will, but North American producers, particularly in the shale and bitumen markets, will suffer the most. Why is this happening? Well North American production has increased and nobody else worldwide is declining their outputs. Factor in global demand is low and you … Continue reading Could we see $20 per barrel price of oil?
It seems like a bygone era when fuel prices were this low. Oil dipped below $50/barrel for the first time in 10 years. Prices at the pump are the lowest in a decade which makes commuters and truckers thrilled, but what about the economy as a whole, and what can we expect in the New … Continue reading The Impact on the Economy: Oil Prices Dip Below $50 a Barrel
We’ve all read the top 10 lists on how we can conserve our gasoline and drive a few extra stops before our tank runs empty. These stories are particularly popular given the consistent rising price at the pumps. But here’s a question: how many of these ‘gas saving tips’ actually help reduce fuel consumption? With … Continue reading Top Mythical Ways to Save Money on Gas – Pragamatic Tips
With continued expansion in US exploration and development of domestic oil reserves, expanding existing supply and temporarily decreasing foreign oil imports, Canadian companies are expecting the ramification. But will the increase supply in the US hurt Canadian exports? This article seems to think so.
*Updated June 9th, 2011* Here is a list of resources online that are in the midst of the discussion regarding the role of speculators in driving the price of oil sky high. Let us know if we’ve forgotten some important / useful articles. We’ll be continually updating this post with new articles so check back … Continue reading Are Speculators to Blame for Oil Prices? Resources to Inform
***This post was originally made in our forum which is now closed and reposted here for our community.*** Have you seen the movie? It’s informative and I welcome social action documentaries anytime. The basic premise is to get people thinking, moving, mad, into action. But how does the film stack up if you just look … Continue reading Who Killed the Electric Car – Let the Free Market Decide
Stole the title from a user on the Globe and Mail comments section. Makes sense though when you consider that without an unequivocal doubt, Ed Stelmach is the worst Alberta provincial leader in its history and anybody who continues to his leadership is equally abhorrent. Yet again, the Alberta conservatives run uncontested raping the natural … Continue reading Alberta spreads cheeks, sells future cheap