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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.


Jul
14

A Stampedean Metaphor

One of the best and most annoying things about living and working in Calgary is navigating the annual all-consuming celebration of fun and cowboy hats that is the Calgary Stampede. Whether it’s surviving deep-fried French fries coated in Oreo batter, boiled corn rolled in ground-up spicy Cheetos, mainlining mini-donuts or running the gauntlet of corporate gatherings, Stampede is a unique event in our city.


Jul
07

No One Fails in June Right?

Arg. Another half year in the books in this wild and woolly industry we all love so much. What with the past two weeks celebrating birthdays of people and countries, a guy could be forgiven for not taking stock of where his accumulated wisdom sits. Unfortunately, the day of reckoning is at hand.


Jul
01

Nope, not 150 facts about Canada

While last week was significant in that I was able to celebrate a major milestone birthday (cue eye roll in 3, 2, 1 …), this week of course presents a much more unique opportunity. I am referring of course to Canada’s sesquicentennial, or 150th birthday. And who am I to resist the rather obvious temptation of waxing poetic about one of my favourite subjects, the true north strong and free.


Jun
23

52 Things to Think

Well, this is exciting. This week, yours truly’s book of life finally turned from page 51 to 52. I am now one year old for each week in a year and I have managed to get my weight to less than 4 times my age. Not through any genius of diet mind you, just by lazily aging.


Jun
16

Alright, now what?

It’s all well and good to admit defeat on my oil price prediction for 2017 as I did last week. But to then avoid any substantive discussion about the implications of that conclusion is actually a bit of a disservice to readers. So I will try in here to correct that.


Jun
09

They’ll either go this way, or that way.

I don’t know about the rest of you guys, but is anyone else feeling a bit hinky about the price of oil? Every time we seem to have the table set for a rally, someone comes along and saws off a leg. So many indicators going in opposite directions at the same time. It’s… unsettling.


Jun
02

This Agreement is Covfefe…

  Alright, admit it. You are for sure thinking that you are about to be subjected to some boring, windy diatribe about Donald Trump pulling out of the Paris Accord, full of fury about short-sightedness, the upcoming environmental apocalypse and the degradation of America’s standing in the world. Well, you would be wrong! Ha!


May
26

So? What does it all mean?

Well, if it’s the end of May, it must be time for another OPEC meeting. And sure enough it was. Yet again the representatives of the OPEC nations got together in beautiful Vienna (I hear it’s tremendous in the spring) to decide the future of the oil industry and set the course for everyone’s favourite and most hated commodity for the next few hours, days, weeks and months. Joining the OPEC flashmob this time were members of the non-OPEC nations who were participating in the first round of production rollbacks agreed to last November.


May
19

Is Capital Finally Back for Service Companies?

  Read some promising news for service companies recently, particularly those south of the border as it appears that there has been a pretty robust recovery in the capital markets for oilfield service. While too early to declare a solid trend, it’s a long weekend and my glass is half full, so I say it’s positive!


May
12

The BC vote is in. It’s not anarchy. Yet!

So what happens is you throw an election party, everyone votes and you still can’t tell who won? I’ll tell you what – migraines for the energy sector, courtesy of Canada’s leftmost, oddball province.


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