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Crude Observations

Feb
16

Trojan Rabbit?

I held off on writing too much or really about this week’s topic last week because it was all so fresh and I hadn’t had a chance to absorb it – not to mention it is an excruciatingly boring topic. Anyway, last week, the Liberal government released its long-awaited reforms to the way energy projects are assessed and approved in Canada (already bored right?). And, of course, as in all things Liberal, it’s a bit confusing.


Feb
09

Faster Higher Stronger

So there I sat on Thursday, at home, watching Calgary Snowpocalypse 2018 unfold all around me. We have received at last count about 35 to 50 cm of snow in the last 24 hours. In non-metric speak, that is about 12 to 18 inches. Part and parcel of that is a snow day, because driving in these conditions can at best be described as white knuckled terror. Of course as we all know, it’s not the driving so much as the drivers.


Feb
07

Shameless Self Promotional Supplementary Edition

Here’s an urban myth that I never really believed: the camera adds 10 pounds. Who knew? I mean I suppose intuitively I knew it, I just didn’t believe it. Now I know.  And those extra pounds? Neither evenly nor fairly distributed. I learned this because I recently had the privilege of appearing on an edition of CTV2’s Alberta Primetime. a daily news show covering topics of interest to people in the Province of Alberta.


Feb
02

Of losers and goats

Last week’s ranty diatribe about the Canadian energy sector sure seemed to strike a nerve with a number of readers, as it certainly appears that there are many people who, like me, are completely frustrated with the state of the industry and the attitude of various levels of government towards it.


Jan
26

Not out of the woods

This is one of those weeks where there was a lot of stuff getting under my skin or poking at me. Irritatingly tapping me on the shoulder to the point where I almost felt the need to turn around and scream “What!?!?!?!” until I realized of course that my co-workers might very well have me committed!


Jan
19

Time to Sell!

No, not the market. Not oil. I’m good with that. I’m thinking more of the great global fossil fuel divestment movement. In fact, I am so moved by the effortless logic of their position that I have decided to liquidate all of my oil and gas holdings, yes, even as the market appears to be finally turning forever in my favour.


Jan
12

Fearless Forecast!

Are you ready for it? Because it is that time of year again where I lay myself bare to all of your collective scorn and ridicule and put out the one and only Fearless Forecast that you absolutely must read, Right Now!!!!! In all seriousness, this could very well be the most important thing you read today. Before you put another dime to work in the energy sector.


Jan
05

Time to Critique The Forecast

Happy New Year everyone! It’s great to be back – refreshed and ready to tackle the raging bull that is going to be 2018. In fact, I am so confident in the future that I will say without hesitation that 2018 is going to be significantly better than 1918, which as we all know was the last year of World War I. But before we go there, time for THE RECKONING!!!!


Dec
22

A Holiday Ode to the Oilpatch

So this is Christmas. And what have I done? Another year older and a new one about to begin. But really, John Lennon aside, this is it, the last of my lazy Christmas/holiday season blogs. I mentioned earlier that this is the time of year I get lazy, well it’s also the time of year I take a brief hiatus.


Dec
15

Naughty or Nice?

Last week as everyone knows, I divulged one of my deepest and darkest secrets, namely that I am hopelessly addicted to cheeseball Hallmark Movie Channel Christmas movies, most of which seem to star Lacey Chabert. It was a soul-cleansing moment for me and I certainly appreciate the support of the blog community that I have received.


Dec
08

Top 10 Time!

Well, that was fun while it lasted, wasn’t it? No sooner had the OPEC deal been extended, signed and delivered as promised than that old sneaky spoiler of the party – unimpeded, explosive shale oil growth – raised its ugly head again and promptly knocked 10% off the price of oil in less time than it takes to say: “the moose at the gate should have told you”.


Dec
01

The Inside View

By now everyone involved in the oil and gas industry will have heard about the outcome of the bi-annual special gathering of OPEC ministers and the NOPEC crew (otherwise known as Russia). will they, won’t they, how long, who will be the first to cheat – these are all interesting questions that will have interesting answers and in fact some have already been dealt with and the opinion makers for all the major publications have had their say already and they are all far, far wiser than I so I wouldn’t dare to cast up […]


Nov
24

Turkey Time 2

Every once in a while, I will realize that I have spent way too much time talking about oil, complaining about pipelines, Permania, free money and the impending “End of Big Oil because of Electric Vehicles”. And it’s on those days that my attention turns to oil and coal’s neglected stepsister who we know as natural gas. And in the spirit of American Thanksgiving, I would like to say that I, for one, am thankful for natural gas, the current turkey of the energy sector.


Nov
17

Time for a Sequel

OK, so no more cop-out blogs for at least the foreseeable future. I am instead going to try, this time around, to do a stream of consciousness style ramble, starting on one topic and moving, hopefully seamlessly, to various others, most of them seemingly unrelated except that they probably bother me a little bit. So I guess they do have something in common after all?


Nov
10

Mailing It In

Just over one year. A smidge over 12 months. 52 weeks and change. 367 days. 8,808 hours. 528,480 minutes. 31,708,800 seconds. Seems like a lot, but really it hasn’t been that long in life terms. At any rate, that is the approximate amount of time (wrong as soon as I wrote it) that has elapsed since Donald Trump stunned the universe (and by universe I mean the Democrats) and won the presidency.


Nov
03

Is $60 the New $50?

Alright folks, enough ranting. It’s too tiring to be angry all the time, even though the government makes it so easy. This week, it’s mostly positive stuff. Why? Because oil is solidly above $50 and there are many reasons for optimism. In fact, I’m so pumped that I just bought tickets to an “Up With People” revival.


Oct
27

Spooky/Unspooky?

Every once in a while, I am struck by events or occurrences around me and struggle to figure out what is really happening. As an example, in the energy industry, news comes at you fast and furious and from all angles. It’s like chaos theory – it’s all non-linear and causation is often difficult if not impossible to find no matter how much you think you squashed that butterfly under your heel.


Oct
20

Piqued Interest

So I was reading the other day (yes I do that) about Peak Oil. Remember Peak Oil? That was the theory that the discovery, exploitation and production of that non-renewable resource we all love to hate but can’t live without was going to hit the proverbial peak and inevitable decline because there just weren’t any more big oil deposits left to be found. So prices would spike and force the world to find alternatives.


Oct
13

If it’s so good, why is it free?

Ever get one of those weeks when not much of any substance happens and there is a lot of sitting around and thumb twiddling? Well I just had one of those. I am not even close to being fired up about anything today, so it is going to be stretch to find anything to rant about. Which may be a good thing. Although, why not a bit of manufactured outrage?


Oct
06

Look – A Turkey!

Here I sit on a fabulous Friday, watching what few leaves remain on the trees out my office window turn yellow and fly away, contemplating the state of the world and preparing to head home for the long weekend celebration of Canadian Thanksgiving. For my American readers, we do our Thanksgiving early, mainly because all the crops are in by mid-October and it’s about to get super-dee-duper cold.


Sep
29

Face the Music – It’s not pretty!

I know the quarter isn’t over yet but the markets are closed for the weekend so I figured I may as well take a look at all those fancy pants predictions I made back in January and see how I’ve been making out.


Sep
22

Oil’s Back Baby!!!

Yup, you heard it here first (or second, maybe even third), this is the week that it all happened, the week that we can finally call the oil price crisis officially over.


Sep
15

Canada – Winning at losing

Last week, I was not so subtly informed by one of my more prominent readers that the blog was a tad boring and that it was high time to get back to a little storm and fury.


Sep
08

Back to Work! (part deux)

Ah, the week after Labour Day. It’s those heady days when everyone (and I mean EVERYONE) is back from holidays, school buses are out in force, traffic is a complete and unmitigated nightmare disaster and, in theory, people get back to work.


Sep
02

Back to Work… And Not a Moment Too Soon

So there you have it. Summer as we know it is over. I suppose it’s time for all of us lazy bones to get back to work and do something productive. I mean aside from the super important blog writing.


Aug
25

It’s a Dog’s Life

In honour of the Dog Days of summer, I am going to do a couple lazy, hazy, crazy mini-rants on some topics that managed to get under my skin this week. One is energy related, the other is uniquely Canadian so no offense taken if my American readers take a pass on it, but it’s a big deal to us Canadian business owners.   Dog # 1   A recent news article said that Petronas  (of crushed BC LNG dreams fame) was considering investing in a pipeline in Western Canada to help to monetize its […]


Aug
18

It’s Like Deja Vu All Over Again

Look, I know I do this same column seemingly every few months, but really, isn’t anyone else tired of reading about the pending demise of the energy industry? It seems the more things change, the more they stay the same. I just had a quick look at oil prices and note that as of Thursday August 17, the price of oil was $46.98 which is exactly eleven cents more than it was at the same date one year ago. What’s up with that?


Aug
11

They say the best advice is free

I’m back! Did anyone miss me? Anyone? Anyone? Bueller? Probably not I guess. But I missed all of you. Really. I did.


Jul
28

A Canadian Welcome Mat

The doomers and gloomers were hard at work this week after yet another international oil company announced plans to stop investing in the Canadian energy sector. It’s getting so a Canucklehead can’t shoot a puck without hitting some Euro/Asian/American energy company in the butt as they skeedaddle out of the country.


Jul
22

On the Road…

Shorter missive this week as I am on the road, exploring Canada from the comfort of my gas-guzzling SUV’s Captain Kirk commander seat – keeping the revs high, passing indiscriminately and wearing those tires down as quickly as humanly possible. No one can ever accuse me of not “walking the talk” when it comes to wanton consumption of oil and oil based products. We even ate KFC – it doesn’t get any greasier than that.


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