Mark Carney’s Carbon Tax Repeal is a Game Changer for Canada’s Oil and Gas Industry On March 14, 2025, Canada’s newly sworn-in Prime Minister, Mark Carney, made a bold move that sent shockwaves through the nation’s economic and environmental landscape: he signed an order to eliminate the federal consumer carbon tax, effective April 1, 2025. […]
Trump’s Push to Revive the Constitution Pipeline: A Game Changer for Northeast Energy Costs? On March 13, 2025, former President Donald Trump took to social media to spotlight a long-stalled energy infrastructure project that he believes could dramatically lower energy costs for families in New York, Connecticut, and New England. His post reignited a contentious […]
Can the U.S. Cut Ties with Canadian Crude? In recent months, President Donald Trump has expressed a desire to eliminate U.S. imports of crude oil from Canada, asserting that the United States no longer needs Canadian oil to meet its energy demands. This stance was underscored by his initial proposal in late 2024 to impose […]
How Canada’s Oil and Gas Industry Can Reduce Reliance on the U.S. Market Canada’s oil and gas industry is a cornerstone of its economy, contributing billions of dollars annually and employing hundreds of thousands of workers. However, the industry’s heavy reliance on the United States as its primary export market presents both economic opportunities and […]
Rising Costs & Uncertainty: Trump’s Tariffs Hit Energy Sector On February 10, 2025, President Donald Trump announced the imposition of new 25% tariffs on all steel and aluminum imports into the United States, marking a significant escalation in trade policy. These tariffs, set to take effect on March 12, 2025, have sent ripples through various […]
The Impact of Potential U.S.-Canada Trade War on the Oil and Gas Industry The announcement of a 25% tariff on all Canadian imports by the United States, with implementation set for February 1, 2025, signals a potential trade war that could profoundly disrupt the oil and gas industry. This move, spearheaded by President Donald Trump, […]
The Biden administration’s recent halt on new licenses for liquefied natural gas (LNG) exporters has sparked heated debates about its ramifications on employment, both present and future. This move isn’t just shaking things up in the United States but also drawing attention from other nations like Canada, which could potentially gain from this policy shift. […]
The global liquefied natural gas (LNG) market is undergoing a major shift as the U.S., the world’s largest LNG exporter, has paused approvals of new LNG export terminals due to climate concerns. The U.S. LNG industry has been growing rapidly in recent years, driven by abundant shale gas production, technological innovation, and growing demand from […]
Canada’s Trans Mountain pipeline expansion project, which aims to increase the capacity of the existing pipeline system from Alberta to British Columbia, has encountered another setback in its construction. The company announced on January 29, 2024, that it had experienced technical issues during the pipeline pullback activity for the Mountain 3 Horizontal Directional Drill (HDD), […]
Alberta is the center of Canada’s oil and gas industry. It is home to more than 450,000 oil and gas wells, of which about 10% are considered abandoned or orphaned. Abandoned wells are those that have been deactivated by their owners, but at still have a known owner or operator that is responsible for them. […]