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Brad Wall: Ontario and Quebec would benefit most from Energy East pipeline

Plans for TransCanada’s Energy East pipeline that will move Alberta and Saskatchewan conventional oil to Atlantic Canada for refining, while replacing the need for Eastern Canada to import foreign oil, are prompting considerable national debate. 716 more words

Energy

U.S. shale driller Continental cashes out hedges, sees oil rebound

Continental Resources, the pioneering U.S. driller that bet big on North Dakota’s Bakken shale patch when its rivals were looking abroad, is once again flying in the face of convention: cashing out some US$4-billion worth of hedges in a huge gamble that oil prices will rebound. 508 more words

Energy

U.S. shale driller Continental cashes out hedges, sees oil rebound

Continental Resources, the pioneering U.S. driller that bet big on North Dakota’s Bakken shale patch when its rivals were looking abroad, is once again flying in the face of convention: cashing out some US$4-billion worth of hedges in a huge gamble that oil prices will rebound. 508 more words

Energy