“These are mind-numbing, eye-popping prices that … is probably not sustainable for most Canadians on fixed incomes/middle class,” said Dan McTeague of Gas Wizard, also president of Canadians for Affordable Energy.
“I think it’s fair to say most Canadians are taking a pounding on this and it’s not the ones who drive for kicks and giggles, it’s the ones that need this to get to work…. And it will be long term.”
The Alberta Court of Appeal has ruled that the Impact Assessment Act – known by many as the ‘No More Pipelines bill’, is unconstitutional.
In the ruling, the highest court in Alberta ruled the legislation poses an “excisional threat” to the division of powers.
Canada’s big oil companies are making record profits this year and should be using some of that extra cash to invest in things that curb their greenhouse gas emissions, Environment Minister Steven Guilbeault said Thursday.
You voted for it. pic.twitter.com/rGyx8lJI0i
— Slk55again (@slk55again) May 7, 2022
The average cost of a litre of gas in Ontario will set a new record on Friday, and at least one industry analyst is warning that “it is going to get a lot more painful for drivers” over the coming weeks.
The governments of the two European countries said on Tuesday that Russian energy giant Gazprom informed them it was halting gas supplies.
The suspensions would be the first since Russian President Vladimir Putin said last month that “unfriendly” foreign buyers would have to pay the state-owned Gazprom in rubles instead of other currencies.
If the European Union is serious about squeezing Russian oil, it may need to brace for some pain.
A full and immediate ban could displace more than 4 million barrels a day of supplies — propelling Brent prices up by around 65% to $185 a barrel, JP Morgan warns.
Quebec became the first jurisdiction in the world Tuesday to explicitly ban oil and gas development in its territory after decades of campaigning by environmental organizations and citizen groups.
People seem to be realizing that Joe Biden’s plan to drain the Strategic Petroleum Reserve down to less than half of its maximum capacity isn’t going to do anything to cut gas prices by more than a dime or so. Biden and his advisers have apparently reached the same conclusion themselves. As this realization dawns, the White House appears to have finally figured out that if you want gas prices to drop you either have to reduce demand or increase the supply. (Funny how that works, eh?) Telling people to stop driving is a nonstarter, so they’re going to have to find some more gas. And to make more gas you need more oil.
On February 17, CGL security workers on the Morice River Forest Service Road were rolled on by a masked group of people armed with weapons, including axes, who began setting fires and destroying property. The surveillance cameras had been successfully disabled, however some mobile phone footage was captured.
Canada says it can provide more oil, gas and uranium to help solve the global energy crisis.
Prices have soared as a result of Russian supplies being squeezed because of its invasion of Ukraine.
Canada’s natural resources minister said many countries are committed “to help as much as we can in terms of displacing Russian oil and gas”.
“The maths are clear: for a 50-50 chance of not exceeding 1.5 C, the carbon budget equates to 10 years of current emissions,” write University of Manchester energy and climate scientists Dan Calverley and Kevin Anderson in the report.
Friday, FNC host Tucker Carlson criticized the Biden administration for economic policies that have led to rampant inflation.
Carlson said while “bad,” the Russian invasion of Ukraine was not why gas prices were as high as they were, despite what White House press secretary Jen Psaki had said.
The president and his administration are bizarrely blaming Russian President Vladimir Putin for the high prices, which have been rising ever since Biden took office. Even worse, they’re suggesting the best way for you not to have to worry about the high prices at the pump is to buy an electric car.
White House press secretary Jen Psaki pinned the blame for rising gas prices on the Russian government and U.S. oil companies in a Wednesday monologue titled, “Jen Psaki On Putin’s Gas Price Hike.”
