Canadian oil and gas sector has huge impact in U.S.

The reality is, Canadians have a significant stake in the United States oil and gas industry

Canadian oil and gas sector has huge impact in U.S.By Mark Milke and Lennie Kaplan Canadian Energy Centre One critical problem for political and business leaders is getting people to think outside their local box. While many people might prefer a local restaurant or coffee shop to a national chain, international trade is the very reason a Canadian restaurant can offer inexpensive vegetables in…

Oil and gas taxes play significant role in Canadian social programs

If the sector disappeared, taxes would have to be increased substantially to provide us with the services we have come to expect

Oil and gas taxes play significant role in Canadian social programsBy Mark Milke and Lennie Kaplan Canadian Energy Centre Between 1969 and 2019, Canadian parents received $499 billion in family allowance payments and children’s benefits from the federal government. That 50-year cost was matched by $505 billion in revenues to governments from the oil and gas sector – except that such taxpayer cash was collected…

Carbon tax a crushing load at the fuel pump

Owners of the most popular vehicles in Canada will pay much more in carbon taxes in coming years

Carbon tax a crushing load at the fuel pumpBy Mark Milke and Lennie Kaplan Canadian Energy Centre Except for a few blessed spots in southern Ontario and southern British Columbia, Canada is a cold northern country. That means that for six months of the year or more, snow can pile up on streets, highways, your driveway, and condominium and apartment exit ramps. And…

Who needs oil and gas in the next 30 years? Africa and Asia

Population and economic growth will continue. Absent a miracle, oil and gas will remain key

Who needs oil and gas in the next 30 years? Africa and AsiaBy Mark Milke and Ven Venkatachalam Canadian Energy Centre When the International Energy Agency (IEA) called for an immediate halt to all new oil and gas investment worldwide in May, it appears they neglected to account for two important realities: Africa and Asia. Those two continents have been in population and economic booms for decades.…

Why Canada’s oil and gas sector gets so little respect

Despite the dramatic decrease in carbon emissions intensity

Why Canada’s oil and gas sector gets so little respectBy Mark Milke and Lennie Kaplan Canadian Energy Centre Want to know why Canadian oil and gas gets so little respect from anti-oil and gas activists? It’s not because Canada’s main energy sector is somehow a miscreant on measures of carbon emissions or anything else. Instead, it is often due to three approaches: focusing only…

Robbing Peter to pay Paul with energy subsidies?

There is no subsidy pot of gold going to oil and gas companies that can be diverted to renewable energy ventures

Robbing Peter to pay Paul with energy subsidies?By Mark Milke and Lennie Kaplan Canadian Energy Centre When the issue of taxpayer subsidies for energy comes up – oil and gas and renewables alike – the public, policy-makers and media could be forgiven if they feel like they’re drowning. Endless decimal points and numbers that run into the trillions can make it near…

New Canadians prosper in oil and gas sector

Immigrant wages in oil and gas extraction in Canada are 71 per cent higher than in manufacturing and are rising faster than in other sectors

New Canadians prosper in oil and gas sectorBy Mark Milke and Ven Venkatachalam Canadian Energy Centre A few years ago, one of us took an early morning taxi ride in Vancouver. The driver, originally from Latin America, began to complain – without prompting – about how crazy it was that local anti-oil-and-gas protesters were trying to block the Trans Mountain pipeline expansion.…

Killing Keystone XL gives other countries an advantage over Canada 

Plenty of other countries ready to take over Canada’s market share if Canada exits the oil business

Killing Keystone XL gives other countries an advantage over Canada By Mark Milke and Ven Venkatachalam Canadian Energy Centre The killing of the cross-border Keystone XL pipeline due to anti-oil activism and politics will change nothing about worldwide oil demand. All it does is hand an advantage to Canada’s competitors. Worldwide oil consumption has been on an upward trajectory, and with the COVID-19 pandemic subsiding…

Why Canada’s heavy oil is an integral part of U.S. production

Anyone who thinks the U.S. can do without Canadian oil, especially heavy oil, is misinformed. Canadian oil is critical to the Americans

Why Canada’s heavy oil is an integral part of U.S. productionBy Mark Milke and Lennie Kaplan Canadian Energy Centre The United States banned exports of crude oil in the mid-1970s, as the result of an oil embargo directed at the U.S. by Middle Eastern countries. The embargo began as a result of American support for Israel during the 1973 Yom Kippur War. In response, some…

Energy industry and Canada’s national interests go hand in hand

No more than a sliver of Canada’s natural resources should ever be controlled by non-democracies

Energy industry and Canada’s national interests go hand in handCanadians are used to peace and relative prosperity compared to the rest of the world and are occasionally naïve about it. They assume it’s a regular state of affairs rather than an exception. Canada is an exception, in large part because the country is surrounded by three oceans with one neighbour, the United States, a…

Oil and gas sector soars over aerospace, auto industries

Higher wages and better productivity contribute to an industry that’s a dominant part of Canada’s economy and its GDP

Oil and gas sector soars over aerospace, auto industriesBy Mark Milke and Lennie Kaplan Canadian Energy Centre It’s hard for anyone but mathematicians and economists to conceptualize numbers in the billions. To get around that problem, and as a prelude to comparing major Canadian industries, let’s start with a smaller number and a question: How would you like to make $2,740 every week?…

America may not like it but pipelines are crucial

Are we prepared for the economic consequences of shutting them down?

America may not like it but pipelines are crucialBy Mark Milke and Lennie Kaplan Canadian Energy Centre There’s nothing like real life as a corrective to Disney-like musings, where fantasies are concocted absent any connection to reality. The newest example comes from a recent ransomware attack directed against Georgia-based Colonial Pipeline. The American pipeline company, which ships 100 million gallons of refined fuel…

Democracies can’t abandon oil and gas production

We have to beware tyrannies and autocracies that use oil and natural gas as weapons

Democracies can’t abandon oil and gas productionBy Mark Milke and Lennie Kaplan Canadian Energy Centre History shows tyrannies and autocracies use oil and natural gas as weapons when interacting with democracies. This is obvious during wars – tanks and jets don’t run on vegetable oil – as well as peacetime. For example, in 2009, Russia cut natural gas supplies to Ukraine in…

Asia offers huge payoff for Canadian LNG producers

Anti-gas advocates who claim otherwise are daft

Asia offers huge payoff for Canadian LNG producersBy Mark Milke and Ven Venkatachalam Canadian Energy Centre If you’ve heard that Canada should skip plans to export natural gas to Asia, including from a few anti-oil-and-gas academics, you’ll notice one theme pops up: how Canadian firms really shouldn’t waste their time because there’s no money in it. This reasoning is daft. If there…

Canada’s gas flaring practices among the best in the world

In 2019, Canada recorded a 49% reduction in flaring from just five years earlier. And Canada is responsible for just 0.7% of worldwide

Canada’s gas flaring practices among the best in the worldBy Mark Milke and Ven Venkatachalam Canadian Energy Centre If you’ve spent time in Western Canada near an oil or gas well or refinery, you might have noticed a smokestack-like pipe with a flame at the top. Or you might have seen such a flame in pictures of refineries in Saudi Arabia, Nigeria, Texas, or…
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