Commentary – Look Out for More Belt Tightening Next Year
Headcount reductions, wage roll backs and project cancellations—the surge of bad oil patch news keeps coming. To many workers in the Canadian oil patch, 2015 cannot be over soon enough.
Entries by Jackie Forrest
Commentary – Liberal Win: Possibility for Constructive Change in the Canadian Oil Patch
Canadians have spoken for change. After nearly ten years of Conservative rule under Alberta’s Stephen Harper, Canadians voted in a majority rule Liberal government last night, headed by Justin Trudeau.
Commentary – The Service Sector: Innovating Through the Downturn
Bleak metrics to describe the oil price downturn are easy to come by. For instance: the oil price is down almost fifty percent from last year, and drilling rates in Western Canada are about half of last year’s levels.
Commentary – Demand: The Bright Spot in Today’s Depressed Oil Markets
Although there is wide disagreement on the future price of oil, there are some facts that almost everyone can agree on. First, that oil is an essential commodity (validated by the 94 million barrels of oil consumed in the world each day). Next, that economic growth drives oil demand in a reasonably predictable manner. And […]
Recent Podcasts
Why I Hate S-Curves: An Interview with Rob West from Thunder Said EnergySeptember 10, 2024 - 2:42 pm- Summer 2024 Energy News Wrap-UpSeptember 3, 2024 - 1:59 pm
- A Conversation with Nancy Southern, Chair & CEO of ATCOJuly 16, 2024 - 4:27 pm