Archive for April, 2017

Christy Clark vows to nix Vancouver natural gas “ban”

Christy Clark vows to nix Vancouver natural gas “ban”

Is Vancouver moving too quickly on 100% renewable energy pledge? Vancouver adopted a Zero Emissions Building Plan last July to “to aggressively combat and reduce carbon pollution” in the city’s building stock. Christy Clark says that if the Liberals are re-elected, the de facto natural gas ban that is part of the plan will be overturned […]

NRDC-funded study: ‘No indication of groundwater contamination’ from fracking

NRDC-funded study: ‘No indication of groundwater contamination’ from fracking

Study adds to long list of scientific evidence showing fracking not a significant threat to groundwater By Seth Whitehead, EnergyInDepth Just two days after the Natural Resources Defense Council (NRDC) and other anti-fracking groups “marched for science” as part of Earth Day, an NRDC-funded study has added to the already long list of scientific evidence […]

BC NDP accuses Calgary-based TD Securities analyst of meddling in election

BC NDP accuses Calgary-based TD Securities analyst of meddling in election

TD report warns that BC NDP victory could cause losses in BC energy stocks similar to Alberta NDP win in 2015 TD Securities is telling its clients that a John Horgan-led BC NDP victory on May 9 will likely lead to policy changes that cause BC-based energy stocks to “under-perform.” But TD appears to have […]

PSAC boosts 2017 drilling forecast 60%, service rates rise more slowly

PSAC boosts 2017 drilling forecast 60%, service rates rise more slowly

3,320 wells to be drilled in Alberta, up from 1,900 wells in the original PSAC forecast The Petroleum Services Association of Canada (PSAC) announced a revision of the forecasted number of wells drilled across Canada for 2017 to 6,680 wells, according to a press release. That’s an increase of 2,505 wells and a 60 per cent […]

Pipeline regulator PHMSA raises penalties for safety violations

Pipeline regulator PHMSA raises penalties for safety violations

Maximum PHMSA penalty now $209,002 per day the violation continues The US Pipeline and Hazardous Materials Safety Administration (PHMSA) said on Friday that it is increasing the maximum civil penalties that may be imposed for federal pipeline safety laws violations. The MHMSA has changed the maximum penalty for a single violation is now $209,002 for every day […]

By April 28, 2017 0 Comments Read More →
Oil prices choppy, heading for weekly decline

Oil prices choppy, heading for weekly decline

Oil prices little changed in Friday trading Oil prices remained steady in choppy trading on Friday on investors’ concerns about the possible extension of the OPEC supply cuts and the effectiveness of the cartel’s pact on global oil supply. US light crude was up by 19 cents to $49.16/barrel by 1:08 p.m. EDT, lower than the […]

By April 28, 2017 0 Comments Read More →
US rig count up for 15th straight week, but pace slowing

US rig count up for 15th straight week, but pace slowing

Rig count up by nine in US, down by 14 The US rig count increased for the 15th straight week, but according to Baker Hughes, drilling pace has slowed in April to the lowest in five months as crude prices fell below $50/barrel this week and the effectiveness of OPEC’s supply cut deal is in […]

By April 28, 2017 0 Comments Read More →
Is the Canadian climate protest movement really worth all the bother?

Is the Canadian climate protest movement really worth all the bother?

Climate policies are more aggressive, the Energy Transition is underway, Canadians support the current approach, why protest? Another weekend, another climate protest march, this one Saturday in various cities across Canada. Is another march really worth all the fuss? I’ve written extensively about pipeline protests (Dakota Access, Northern Gateway, Trans Mountain Expansion), lack of respect […]

Trump executive order expands offshore drilling

Trump executive order expands offshore drilling

Trump executive order could lead to reversal of drilling bans in US Gulf, Atlantic, Pacific, Arctic oceans A newly signed Trump executive order could extend offshore oil and gas drilling to areas that were previously deemed off limits.  The move is an effort to increase domestic production, however, industry demand for acreage is close to […]

By April 28, 2017 0 Comments Read More →
Natural gas pipeline from western Canada to Chicago considers expanding

Natural gas pipeline from western Canada to Chicago considers expanding

After processing at Aux Sable, natural gas is delivered to several major interstate natural gas pipelines Owners of the Alliance pipeline, one of the longest natural gas pipelines in North America, are in the early stages of assessing interest in expanding its capacity to transport natural gas from western Canada to Chicago, Illinois, according to […]