Latest Articles
The 2021 tyranny index for oil and gas
May 17, 2021
Oil, natural gas, and freedom rankings This Fact Sheet examines worldwide oil and natural gas production and market share over four decades for countries in three categories: nations (or territories) that are Free, Partly Free, or Not Free. The freedom rankings are from Freedom House, a Washington D.C.-based think tank which has measured and ranked countries and territories by their degree of freedom since 1973.¹ The data on oil and natural gas production are from…
Canada’s oil industry leads the world in ESG – but what does that mean?
January 1, 2022
Supporters of Canada’s oil and gas industry often say that Canada leads the world in “ESG.” But what does that mean, and why does it matter? ESG stands for environmental, social, and governance performance. It measures a variety of metrics including greenhouse gas emissions, water use, Indigenous engagement, worker safety, diversity and inclusion, and regulatory processes. BMO Capital Markets analyst Jared Dziuba specializes in ESG as it relates to Canadian oil and gas. He explains…
Oil sands on path to total emissions reductions
February 1, 2022
Canada’s oil sands sector is poised for a major environmental improvement within the next five years. According to new analysis by consultancy IHS Markit, total oil sands greenhouse gas emissions are on track to start going down. This follows more than a decade of producers consistently decreasing emissions per barrel, otherwise known as emissions intensity. “Intensity improvements can add up, and they can result in absolute emission reductions,” says Kevin Birn, IHS Markit’s head of…
Why Canadian oil should be the preferred choice for the U.S.
June 17, 2022
To fill the hole left by banning imports of oil and oil products from Russia, the U.S. is looking to OPEC nations like Saudi Arabia, Venezuela and Iran to increase supply. Meanwhile, the U.S. is shutting out more oil from Canada, its closest neighbor and ally. The problem was clear even before Russia’s invasion of Ukraine. After cancelling the Keystone XL pipeline from Canada on his first day in office, President Joe Biden asked for…