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HomeMarkham on Energy

Markham on Energy

Markham on Energy

Notley giveth 120,000 b/d of new crude oil tanker shipping, but will Trudeau taketh?

November 28, 2018 Markham Hislop

Source: Railway Association of Canada Ottawa accelrating phase-out of 21,367 unjacketed CPC 1232 tank cars by November 1, 2018 could eliminate estimated 196,000 b/d of heavy crude shipping capacity Rachel Notley announced Wednesday that her [Read more]

Markham on Energy

The Alberta oil price crisis: royalty credit for voluntary production curtailment may be Notley’s best option

November 26, 2018 Markham Hislop

Source: Scotiabank – Shut In? Assessing the Merits of Government Supply Intervention in the Alberta Oil Industry Royalty credit for production curtailment provides middle ground for industry players To curtail or not to curtail: that is the [Read more] [Read more]

Markham on Energy

Rise of the new Alberta energy populism: Is oil/gas industry weaponizing Vivian Krause’s conspiracy nonsense?

November 25, 2018 Markham Hislop

Protesters delaying construction of Trans-Peco natural gas pipeline from Texas to Mexico Every major American pipeline that crosses state borders is opposed, litigated, or protested. – Prof. Flatt Vivian Krause on her own is harmless. [Read more]

Markham on Energy

Notley hitting right notes on oil price crisis, Trudeau still off key

November 23, 2018 Markham Hislop

Source: ARC Financial Institute. “Tone at the top matters, and investors are uncertain as to whether Canada wants to be in the oil and gas business in any meaningful way.” – Mark Scholz, drillers association [Read more]

Markham on Energy

Notley signals that partial upgrading, petrochemicals will play bigger role in solving crude oil market access issue

November 21, 2018 Markham Hislop

Notley plan to grow domestic market for Alberta oil/gas a great strategy that needs Ottawa’s support Update: Alberta government announced late Tuesday that it will double support for petrochemical upgrading, with total investment now set at [Read more]

Keystone XL
Markham on Energy

Alberta crude oil market access crisis deepens: Montana judge stops Keystone XL construction

November 9, 2018 Markham Hislop

Photo source: The Spokesman-Review “The Court’s decision to withdraw the permit and stop construction on the Keystone XL pipeline in Indigenous Environmental Network, et al. v. U.S. Department of State is a major blow to the ultimate completion [Read more]

Markham on Energy

Enbridge may have 500,000 b/d solution to Alberta’s pipeline crisis

November 7, 2018 Markham Hislop

Enbridge’s mainline pipeline system. Source; Enbridge. We were surprised to see Enbridge has this much additional expansion potential on its mainline to PADD II (Midwest) and it is even earlier than expected. – Dan Tsubouchi [Read more]

Markham on Energy

Alberta heavy crude oil trading for a premium at the US Gulf Coast?

November 5, 2018 Markham Hislop

US Gulf Coast demand for Canadian heavy crude is growing because of declining supply from Venezuela, Mexico, Iran Our thesis is that Canadian heavy oil is not a discounted product, it’s a stranded product. Those [Read more]

Markham on Energy

Are there $260 billion in tailings pond liabilities in the oil sands, abandoned wells? Not even close

November 2, 2018 Markham Hislop

“AER-verified calculations estimate” is $58.65 billion and all or almost all will be paid by industry Public agencies doing the walk of shame is a rare sight, but the Alberta Energy Regulator was forced to [Read more]

Markham on Energy

NEB imagines what a low-carbon future might look like for Canadian oil/gas sector

November 1, 2018 Markham Hislop

Various technology, policy, and social trends over the past decade point to the potential for a global shift towards a lower carbon economy. – NEB The technology case set out in the Canada’s Energy Future [Read more]

Markham on Energy

Social license works: a rebuttal of Jason Kenney

October 30, 2018 Markham Hislop

Angus Reid says Canadian support for Trans Mountain Expansion grew between Feb. and April 2018 as attacks from BC intensified Who in their right mind thinks David Suzuki or Greenpeace would ever be pro-pipeline? Jason [Read more]

Markham on Energy

Jason Kenney energy speech mimics Donald Trump, vows to retaliate against enemies of Alberta oil and gas if he becomes premier

October 26, 2018 Markham Hislop

UCP leader Jason Kenney speaking to the Energy Relaunch conference. Photo: CBC “This is not energy policy, it is Donald Trump-style, grievance-fueled populism pandering to the frustrations and anger of an industry that thinks it [Read more]

Markham on Energy

Battle over Bill C69 demonstrates Notley govt support for Alberta oil and gas industry

October 25, 2018 Markham Hislop

Notley government, CEPA, Alberta oil and gas industry united in opposition to Bill C69, demand for amendments Shannon Phillips is not happy with the state of Bill C69, the Trudeau Government’s new legislation to regulate [Read more]

Markham on Energy

Why are the oil sands CEOs not at Energy Relaunch? Calgary Bubble needs new blood, new voices

October 24, 2018 Markham Hislop

Headliners at the Energy Relaunch conference Thursday in Calgary at the Metropolitan Conference Centre Energy Relaunch would benefit from more outward looking, forward thinking panelists – like the Alberta oil sands CEOs – instead of [Read more]

Markham on Energy

Jason Kenney’s ‘energy war room’ is ham-fisted attempt at Trump-style populism

October 16, 2018 Markham Hislop

UCP leader Jason Kenney speaking to Calgary Chamber of Commerce Canadians want to be engaged with and talked to about energy issues – not corrected, lectured, or hectored Let’s call the idea of a “rapid [Read more]

Markham on Energy

Rachel vs. Tzeporah: no clear winner at ATA event, but maybe the basis for real ‘meaningful dialogue’ about energy future

October 15, 2018 Markham Hislop

Premier Rachel Notley’s speech to Alberta teachers Saturday. Notley says transition to low-carbon energy system will be gradual, Bermans says there is no time and Alberta must cap oil/gas production immediately Saturday’s highly anticipated faceoff [Read more]

Markham on Energy

Majority of Western Canada’s crude oil exports to US not exposed to record high discount between WCS and WTI

October 13, 2018 Markham Hislop

Refinery outages will take care of themselves over the next month or two as maintenance is completed and facilities come back online The discount for Western Canadian Select reached $65.17 Thursday, setting off alarm bells [Read more]

Markham on Energy

Is Alberta prepared for more aggressive global policy (thanks to IPCC forecasts) to restrict consumption of crude oil?

October 8, 2018 Markham Hislop

No one cares what Alberta thinks of dangers of anthropogenic global warming. What matters is what global policy makers and markets think Humans have just 10 years to implement “far-reaching and unprecedented changes in all [Read more]

Markham on Energy

First Nations ownership of Trans Mountain is a terrific idea

October 7, 2018 Markham Hislop

JP Gladue, CEO of Canadian Council for Aboriginal Business “It’s a positive thing – whether you look at equity ownership or gifting, it’s a good thing…We’re getting involved in the economy.” – National Chief Perry Bellegarde, [Read more]

Markham on Energy

Calgary’s new economic development plan acknowledges job creation won’t be coming from the oil and gas sector

October 5, 2018 Markham Hislop

Digital technologies are destroying white collar oil and gas jobs in Calgary. A new economic development strategy will help, but not in the short-term As the pace of global technology change picks up, changing how [Read more]

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In the Spotlight

Trump Threatens Canada With Tariffs As American Oil Floods North

by Markham Hislop in Markham on Energy

Donald Trump is threatening Canada with 50 per cent tariffs even as U.S. crude oil flows north. The trade reveals just how deeply integrated the two economies have become. [Read more]

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