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…

Iran’s likely return to crude oil marketplace causes ripples

Biden seems to have slackened America's tight grip on Iranian crude exports reigniting a market share battle within OPEC

Iran’s likely return to crude oil marketplace causes ripplesIran and the United States are closing in on reviving the 2015 Joint Comprehensive Plan of Action (JCPOA), commonly termed as the Iran nuclear deal. U.S. President Joe Biden is keen to strike a deal before the June presidential elections in Iran, which hardliners are projected by many to win. All this has significant bearing…

New research to fill a critical gap in beef production system

First BCRC-Hays Chair in Beef Production Systems at the U of A to play a key role in building a more sustainable and competitive industry

New research to fill a critical gap in beef production systemGleise M. Silva grew up in Recife, Brazil, a city perched on the turquoise edge of the Atlantic, home to lush forests, stunning beaches and 17th-century architecture. And yet, while living and studying in the “Brazilian Venice,” Silva found herself overwhelmingly drawn towards a subject she would never encounter in her hometown. “I was 100…

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…

$2M boost for the development of new varieties of wheat

To introduce new varieties of earlier-maturing, higher-yielding wheat for Western Canadian growers

$2M boost for the development of new varieties of wheatUniversity of Alberta research to develop earlier-maturing, more disease-resistant wheat for Western Canadian growers is being boosted, thanks to $2 million in support from the Canadian Wheat Research Coalition. A five-year agreement between CWRC and the Faculty of Agricultural, Life & Environmental Sciences (ALES) supports the development of up to five new wheat varieties for use by farmers…

Oil producers prepare for one last profit push

But the good old days are gone

Oil producers prepare for one last profit pushA new reality is dawning: the short-term direction of oil markets is in sharp contrast to its longer-term trajectory. The short-term outlook – courtesy of the decision by the Organization of Petroleum Exporting Countries and their allies in OPEC+ to withhold some eight million barrels per day (bpd) from the markets – and the emerging…

No major relief in sight for oil markets

Ominous clouds continue to hang over the global oil horizon

No major relief in sight for oil marketsWhere will world oil markets be in a year? With so many variables impacting the markets, no one has the crystal ball to see the crude oil price trajectory a year ahead. On April 20, 2020, panic had gripped the energy market as a frightening realization dawned on oil traders: The world was rapidly running…

Why oil-producing nations are rushing to ramp up production

Oil producers face catastrophe if countries worldwide move to limit global warming by two degrees Celsius

Why oil-producing nations are rushing to ramp up productionCrude oil demand is weak and the fundamental factors aren’t encouraging. Yet, most major oil-producing countries are moving to boost their output levels in the short run. Why? Saudi Arabia is pursuing plans to develop major offshore expansion projects to add an extra 1.15 million barrels per day (bpd) to its oil capacity by 2024,…

A web of pipelines binds the Canada, U.S. economies together

453,000 km worth of tubes provide a plethora of jobs

A web of pipelines binds the Canada, U.S. economies togetherBy Mark Milke and Lennie Kaplan Canadian Energy Centre “Designing hypothetical roadmaps outlining complete elimination of fossil carbon from the global energy supply by 2050 is nothing but an exercise in wishful thinking that ignores fundamental physical realities,” wrote Vaclav Smil a year ago. Smil, a University of Manitoba professor of the environment (emeritus), wants less…

Canadian oil still the safest bet for Americans

Canada was the only free-country supplier of foreign crude oil to the U.S. between 1993 and 2020

Canadian oil still the safest bet for AmericansBy Mark Milke and Lennie Kaplan Canadian Energy Centre Imagine you’re in Germany and wonder if it’s a good idea to rely so heavily on natural gas imports from Russia, where the governing regime is accused by German politicians of killing journalists and the attempted murder of Russian opposition leader Alexei Navalny. German Chancellor Angela…
1 2 3 13