Tags » Oil Industry

Fighting climate change vs. enhancing prosperity

The world political leaders and environmentalists will gather shortly at the UN summit in Paris, in a global effort to combat climate change. Most people consider it the biggest threat facing humanity, even with the continually increasing Islamist terrorist attacks against the West. 695 more words


Saskatoon home to monumental oil industry research

SASKATOON – A new collaboration including Saskatoon-based Canadian Light Source (CLS) will research methods to improve extraction from heavy oil reservoirs. For the first time, a particle accelerator called a synchrotron will image a heavy oil system. 167 more words


Oil storage space at a premium : Off the coast of Texas, a line of roughly 40 tankers has formed, waiting to unload their crude.



An Oil-Soaked Globe as Production Keeps Climbing and Demand Falls


Photo 592 more words

Politics, Legislation And Economy News

Justice Department Investigates Airlines For Possible Price Collusion

Link: http://www.npr.org/2015/07/02/419405924/justice-department-investigates-airlines-for-possible-price-collusion

Summary: The Justice Department is planning to investigate 4 major airlines for price collusion. Investigators will question whether the airlines restricted supply to maintain higher ticket prices. 7 more words

Planet Money

Liberals OK massive sewage dump in Montreal, and other reasons to fear for humanity

1. Liberals OK massive sewage dump in Montreal

The Liberals find a problem they can’t blame on Harper, and approve dumping 8 billion litres of raw sewage into the St. 656 more words

Full Comment

Keystone XL Pipeline: What you need to know

WASHINGTON (MEDIA GENERAL) – Just minutes after the Obama administration publicly rejected plans to allow an expansion of the Keystone pipeline through several Midwest states, the decision was met with both criticism and praise by 2016 presidential hopefuls. 346 more words


Nigeria has finally canceled its shady oil swap deals

The Nigerian National Petroleum Corporation (NNPC) has canceled a controversial oil bartering program which used middlemen to pay for refined products from foreign partners in opaque deals. 410 more words