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oil and gas industry – XtremeCuztoms

Tag: oil and gas industry

Cory Morgan: Unrealistic Energy Sector Emissions Caps Will Kill the Canadian Economy’s Golden Goose

Commentary Canada’s economy may manage to escape going into a recession despite economists predicting it would over the last few months. Higher-than-expected growth in the national GDP in the first quarter of 2023 has dampened speculation of an economic contraction. This has led to speculation the Bank of Canada will be raising interest rates again…


150 Ways Biden Has Made It Harder to Produce Oil and Gas: Energy Institute Report

The Biden administration has implemented multiple policies that have harmed America’s domestic energy production and weakened the country’s standing internationally leading to gas shortages and the highest-ever prices in the nation’s history. “President Biden and the Democrats in Congress have a plan for American energy: make it harder to produce and more expensive to purchase….


Coal Seam Gas Waste Plan Worries Farmers and Activists

Farmers and activists have slammed a decision allowing waste salt from coal seam gas extraction to be buried at lined landfill sites in Queensland, saying it risks contaminating the Murray-Darling river system. The state’s action plan to manage highly salty waste brine was released last week, 26 years after the first CSG project began in…


Biden’s Declared War on Oil and Gas Hits Home Hard in West Texas’ Permian Basin

When President Joe Biden openly advocates for phasing-out oil and gas as primary energy generators in the United States within a decade, what appears as a news scroll blip for most Americans is a clap of thunder across the rolling West Texas sage of the Permian Basin. “The messages, virtue signaling, and rhetoric that have…


Rex Murphy: The Choking of Our Energy Industry Is to the Detriment of Both Canada and the World

Commentary What is the number one most essential resource in the world today? Obviously, it is energy. Oil and gas and (yes, it’s making a return) coal during this fretful time have a value enhanced beyond their normal use. And considering that normal use is nothing less than powering the way of life of—literally—all of…


John Robson: Ship Canadian LNG to Europe? Strong Business Case or Strikeout Depends on Rules of the Game

Commentary When Justin Trudeau said there was no business case for shipping Canadian natural gas to Europe, the obvious retort is that of the umpire who, when a free-swinging slugger protested a call saying “that was never a strike,” sneered “How would you know?” Nothing in Trudeau’s record, before or after entering politics, suggests the…


Industry Calls on Biden to Lift Moratorium on New Oil, Gas Leases

Domestic producers in the United States welcomed President Joe Biden’s March 8 order banning Russian oil and gas imports but say his muddled energy policies will prolong consumers’ pain at the pump and inhibit efforts to restore American energy independence. “This crisis should be a wake-up call that we need [a] strategic American energy policy…


Study: Oil and Gas Industry Supported 2.5 Million Texas Jobs; 11.3 Million Nationally

Texas’ oil and natural gas industry supported more than 2.5 million total jobs statewide in 2019, a new analysis found, contributing the most to the state’s GDP and total income of any industry. Texas’ oil and gas industry contributed $411.6 billion to the state’s gross domestic product, including $251.2 billion to the state’s total labor…


Alberta Premier Defends Campaign Against Netflix Film ‘Bigfoot Family’

Alberta Premier Jason Kenney defends a government-funded energy campaign against a Netflix movie, labelling it as anti-oil propaganda. The Belgian-French adventure animation, “Bigfoot Family,” takes place in Alaska, where a family of mythical Bigfoot creatures take on an antagonist oil mogul who prepares to detonate a pristine valley to excavate its oil resource. The movie…


Americans Disagree With New Oil and Gas Policies: Survey

WASHINGTON—An Epoch Times survey of more than 28,000 readers has found that 96 percent disagree with putting a stop to the Keystone Pipeline construction. President Joe Biden kiboshed the project via executive order on Jan. 21. “The pipeline would reduce environmental risks of alternative means of transport. Stopping it unilaterally was an affront to Canada….