Posts Tagged: oil

The way to get a recession in Edmonton

John Rose, Chief Economist at the City of Edmonton, started his presentation at the Edmonton Real Estate Forum earlier this month with a bit of humor. “There are two kinds of forecasts,” he told the packed room. “Lucky and wrong!” He finished it on a much more serious note, saying “the way to get a… Reads more »

Recap: Edmonton’s Economic Impact Luncheon 2015

“Never waste a good crisis,” EEDC President & CEO Brad Ferguson told the hundreds of Edmonton business leaders gathered today at the Shaw Conference Centre for EEDC’s annual Impact luncheon. He channeled local business pioneer Frank Spinelli and said “it’s what you do in the good times that determines how well you perform in the… Reads more »

That’s How Refineries Roll

Gas prices here in Edmonton are about $1.05 right now, and they were $1.18 in Vancouver on the weekend. Most people generally expect the prices to keep going up, perhaps quite dramatically in the near future. What would you do if you were an extremely profitable oil company faced with that reality? If you guessed… Reads more »

Please Canada, develop the oil sands of Alberta!

I have long thought that we as a country should be investing more money in energy, including properly developing Alberta’s vast oil sands. Canada could become the most important region in the world for oil if we were able to extract it efficiently enough – and while it may not the best for the environment,… Reads more »

Funny Alberta Cheques

I came across this bit of satire today, entitled “Government of Canada to Issue ‘Screw You, Rest of Canada’ Cheques to Each Resident of the Province”. Needless to say, it made me laugh: Totally out of character, the Alberta Premier became testy when an insolent reporter from Upper Canada had the temerity to question him… Reads more »

Big Oil Profits and Alberta

I thought I’d highlight this rather interesting discussion on the big oil companies and their profits taking place at Robert McClelland’s My Blahg. After describing the profits of Exxon Mobil, Royal Dutch Shell, and Petro-Canada (all up, surprise surprise) Robert had this to say: Pricks. I say regulate them. And to hell with Alberta if… Reads more »

Edmonton man addicted to updating gas prices

When I posted about the price of oil on Tuesday, I linked to EdmontonGasPrices.com as a resource for checking out where the cheapest gas is in the city. Then today, reading the Journal, I came across an article talking about Scott Widney: It’s only noon, but already Scott Widney has earned 450 points as a… Reads more »