Producers' limited export pipeline capacity coupled with the end of the U.S. summer driving season has tend to lead to oil surpluses, sending prices down. .. Not this year.
Realtor Cody Battershill has heard the stories of Calgarians travelling abroad being met with disgust when they tell people where they're from. He's watched a parade of celebrities — Neil Young, Leonardo DiCaprio, Robert Redford — come to Alberta to denounce Alberta.
The Rockefeller Brothers Fund, one of oilman John D. Rockefeller's financial legacies, intends to immediately sell its oil sands and coal investments, arguing that the industries are two of the world's most intense source of carbon emissions and that clashes with the charitable foundation's desire to curb climate change.
In the world of a constantly changing oil and gas environment, the Montney shale basin is the sleeping giant that holds the key to accelerating Canada's shale oil and gas boom, but the real treasure within this giant is a tight liquids-rich zone (approximately 15-20 miles wide) that has big and small players alike narrowing their focus for the potential of a giant payout.
It always seems prices at the pumps rise much faster when oil prices increase, but they move much slower when oil prices decline. I guess that's big oil for you.
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