Crude oil markets remain unsettled

Declining Chinese demand, a rising rig count in the United States and a devastating resurgence of COVID-19 in Asia all play a role

Crude oil markets remain unsettledIt has been a fluctuating week for the oil markets. In the immediate aftermath of the agreement within the Organization of Petroleum Exporting Countries and their allies in OPEC+, crude prices fell by a devastating seven per cent on July 19. However, with signs of demand holding despite the spread of the Delta COVID-19 variant,…

Canada’s clean energy future must include nuclear

Ignoring its potential would be a missed opportunity

Canada’s clean energy future must include nuclearIn 1950, Canada faced a difficult choice between the desire to be a leader in the development of nuclear energy technology and the fear that such technology would bring the end of the world a little closer. Despite concerns related to the bombing of Hiroshima and Nagasaki, Canada elected to be in the vanguard. As…

Oil markets feel pinch from renewed COVID-19 outbreaks

All eyes are focused on Saudi Arabia. Will it continue to single-handedly maintain stability in the markets?

Oil markets feel pinch from renewed COVID-19 outbreaksUncertainty has overtaken the crude oil markets again for several reasons. Since March, crude oil markets have mostly been ascending. But prices declined last week by a greater margin than any time in the last four-plus months. And the resurgence of COVID-19 in many parts of the world is clouding the near-term future of oil.…

ConnecTour Chronicles: Cheap rural living brings brewery dream to life

Nokomis Craft Ales is putting Nokomis, Sask. on the map – defying conventional thinking that only the big city yields success

ConnecTour Chronicles: Cheap rural living brings brewery dream to lifeTroy Media publisher Doug Firby and Travel editor Lisa Monforton are part of a group of Canadians who call themselves ConnecTour. Starting in May in British Columbia and ending in October in Newfoundland, they hope to make an 8,000-km bicycle journey across the country, discovering how the COVID-19 pandemic has reshaped our lives and our…

A clear example of why government and business shouldn’t mix

Centerra is being held hostage by Kyrgyzstan but, fortunately, it is no longer part of a Crown corporation so taxpayers aren't on the hook

A clear example of why government and business shouldn’t mixCenterra, a mid-size Canadian gold-mining company, is engaged in a legal and political dispute with the government of Kyrgyzstan, a former Soviet republic in Central Asia with a chronically unstable and fractious political class and culture. Its main asset, the Kumtor mine, is in that troubled land and the source of roughly half of its…

A sudden, frightening crash sidelines one of our cyclists

‘I threw down my bike and ran over to her. She was lying still on the pavement, entangled in her bike'

A sudden, frightening crash sidelines one of our cyclistsTroy Media publisher Doug Firby and Travel editor Lisa Monforton are part of a group of Canadians who call themselves ConnecTour. Starting in May in British Columbia and ending in October in Newfoundland, they hope to make an 8,000-km bicycle journey across the country, discovering how the COVID-19 pandemic has reshaped our lives and our…

ConnecTour Chronicles: Antique store owner revives memories

Sandra, 69, continues to run the antique store even though she lost her beloved husband Rich three years ago

ConnecTour Chronicles: Antique store owner revives memoriesTroy Media publisher Doug Firby and Travel editor Lisa Monforton are part of a group of Canadians who call themselves ConnecTour. tarting in May in British Columbia and ending in October in Newfoundland, they hope to make an 8,000-km bicycle journey across the country, discovering how the COVID-19 pandemic has reshaped our lives and our…

Student discovers threatened beetle is actually two separate subspecies

Discovery means the nationally threatened Gibson’s big sand tiger beetle is more at risk than previously thought

Student discovers threatened beetle is actually two separate subspeciesAn undergraduate research study has found that a threatened type of beetle found in Saskatchewan and Colorado is, in fact, made up of two genetically distinct subspecies. The discovery has important implications for conservation efforts for the insects and shows that both populations of Gibson’s big sand tiger beetle are more threatened than previously thought.…

Cheap talk and unsubstantiated claims hamper reconciliation

Vacuous electoral promises and virtue-signalling schemes won’t deliver the outcomes Indigenous Canadians need

Cheap talk and unsubstantiated claims hamper reconciliationCanada has consistently failed to make progress commensurate with the many lofty pronouncements and expectations on the Indigenous file. It’s a national shame that most Indigenous Canadians on reservations live far below acceptable socio-economic standards. Money isn’t the problem. By 2022, the federal budget allocations to Indigenous will have doubled since 2016 to nearly $25…

Bleak clouds over the crude oil horizon are dissipating

But much still depends on United States-Iran nuclear talks and how OPEC+ members will react to any deal

Bleak clouds over the crude oil horizon are dissipatingCrude oil markets are hot. Prices are up and the US$75 line has been breached. Chatter about oil touching US$100 is getting loud and clear. Global oil consumption is getting closer to the pre-pandemic levels. The bleak clouds hanging over the crude oil horizon are beginning to dissipate. Industry eyes are again on the Organization…

Medical tyranny behind the push for mass vaccination

It’s time provincial premiers return to evidence-based policy and govern in alignment with our constitutional freedoms

Medical tyranny behind the push for mass vaccinationSaskatchewan Premier Scott Moe recently urged his citizens to get vaccinated in a three-minute plea filled with dubious claims and faulty logic. It’s irksome that any executive assistant or speechwriter got paid to compose such nonsense. Moe said: “Those who have chosen to not get vaccinated, you will continue to be at risk of not…

Prairie provinces debt levels a ticking time bomb

An economic burden for future generations

Prairie provinces debt levels a ticking time bombThe debt in Canada’s Prairie provinces has grown colossally during the COVID-19 pandemic, just as debt has in the rest of Canada and around the world. At the end of 2020, Alberta’s debt was estimated at $98 billion, Manitoba’s was $28.6 billion and Saskatchewan’s was $15 billion. These debts are an economic burden for the taxpayers…

Rising demand and prices suggest an oil market resurgence

US$100 oil is a distinct possibility

Rising demand and prices suggest an oil market resurgenceThe world needs more oil. The Organization of Petroleum Exporting Countries (OPEC), Russia and American shale oil producers all need to up their output to keep the rising prices of the “super cycle,” as Saudi Energy Minister Prince Abdulaziz bin Salman called it, under control. Media reports say Prince Abdulaziz bin Salman told the Robin…

Short-term gains on the crude oil market as climate change looms

The IEA concedes rising oil demand at odds with its call to end new oil, gas and coal funding

Short-term gains on the crude oil market as climate change loomsThe International Energy Agency (IEA) is torn between two conflicting ends. On one hand, it’s grappling with climate change issues; on the other, it sees rising oil prices. For now, the two ends seem to be running parallel but not converging. Oil demand is rising fast, as are prices, reaching multi-year highs on Friday. Brent…

OPEC+, IEA clash over future of fossil fuels

IEA wants all investments in new developments to stop. Others warn that could lead to $200 a barrel oil

OPEC+, IEA clash over future of fossil fuelsThe Organization of Petroleum Exporting Countries and their allies in OPEC+ are on a collision course with energy watchdog International Energy Agency (IEA) on at least two counts. Last month, the Paris-based IEA delivered the starkest warning yet on fossil fuels, saying the exploitation and development of new oil and gas fields must stop this…
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