Canadian energy citizen, writer & all·of·the·above investor.
Calgary/Beijing
Joined February 2012
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Sebastian Gault retweeted
Rarely does energy transition happen as swiftly or radically as May and Blanchet propose – especially with how entrenched petroleum is in our daily lives. It’s a timely reminder of the #energyphile story “Hubris Defined”: energyphile.org/hubris-defin…. @CBCNews
xitter.cf/CBCNews/status/1259010…
The leaders of the Green Party and the Bloc Québécois are calling for the government to stop supporting oil and gas, and to invest in renewable energy instead. cbc.ca/1.5557725 @JPTasker
Slowly the tide begins to change for Canada's beleaguered natgas industry.
nationalpost.com/commodities…
Why it may not take long for stock prices to rebound in the Canadian energy sector
theglobeandmail.com/investin…
Why it may not take long for stock prices to rebound in the Canadian energy sector
theglobeandmail.com/investin…
When energy policy is subordinated to power politics, climate considerations become Realpolitik roadkill.
(Realpolitik: a system of politics/ principles based on practical rather than moral/ ideological considerations.)
nationalpost.com/news/us-say…
Global oil demand to surpass 100 million bpd next spring. A few countries really stand out w/ their high enviro standards. Canada, for instance, appears to hyper-regulate oil industry, thereby pushing production away to where H2O, carbon, NOX/SOX regs weaker. xitter.cf/OilandGasInvest/status…
the #IEA reports that it sees global oil demand growing by 1.4M bpd next year, topping the significant number of 100M bpd in Q2'19. One hundred million barrels a day. Mind boggling when you think about it. (So don't, go have a beer)
Fracking did for the Permian in USA what SAGD did for the oilsands in CAN: allow for explosive growth of unconventional resources. But the Permian benefits from strong policy and reg support; the oilsands not so much.
ogj.com/articles/2018/06/ihs…
Couldn't resist. xitter.cf/crudereporter/status/1…
However important for Canada to reduce emissions, our excitement should be balanced & respectful of those who will suffer from the collateral damage this causes the country's economic driver (i.e. all Canadians). @cathmckenna
Sebastian Gault retweeted
If TMX goes ahead, pipeline expansion to Puget Sound would reduce crude oil exports by tanker from Vancouver and reduce either oil-by-rail or inbound tanker crude deliveries for Wash state refiners. Could be part of solution; not additional problem. theglobeandmail.com/canada/b…
Challenge to all truth seekers: this piece about the TMX pipeline is riddled with factual errors. Can you find 1, 5, 10, 15 of them? amp.theguardian.com/commenti…
As media continues its fascination with Alberta's savaged oil industry, a possibly far greater tragedy is unfolding with gas, which at times is selling below 0¢. How many $Bs are Canadians losing out on because BC has obstructed growth of LNG export industry?
Sebastian Gault retweeted
Funny - I look at all those gathering system pipelines and all I see is a glaring need for a new transmission pipeline to take all that product out of the province
We are experiencing economic equivalent of war as Trump undermines global cooperative trade system. Canada must urgently adjust by pursuing multitude of new bilateral trade agreements & rapid diversification of exports, esp. energy. theglobeandmail.com/amp/opin…
A definitive rebuttal of the cult argument that Canada needs to build more oil refineries. Required reading for John Horgan, Rachel Notley and all others who believe our resources are "raw". resourceworks.com/refined-cr…