The Liberals and Conservatives are playing out a debate about what to do to combat climate change, and the outcome of the 2019 election will either energize or deter advocates for carbon taxes.  There is no lack of issues to discuss when weighing one’s options.  Read the full story at:

https://www.theglobeandmail.com/canada/article-in-canada-carbon-taxation-faces-a-political-reckoning-in-2019-and/

A number of First Nations have been enthusiastic participants in energy projects over the past decade, purchasing oil and gas infrastructure.  A number of financing options exist if Trans Mountain becomes a target of First Nations ownership. The full story can be read at:

https://www.theglobeandmail.com/canada/british-columbia/article-first-nations-leaders-discuss-financing-models-for-ownership-stake-in/

Canada’s natural-resource sectors – agriculture, energy, mining, forestry and fisheries – directly and indirectly account for over 20 per cent of our gross national product, with the energy sector the biggest contributor.  Despite having the second largest store of the world’s natural resources millions of dollars a day in revenues, thousands of jobs, and billions of dollars in investment are lost because the opposition to the building of pipelines.  The full story can be read at: https://www.theglobeandmail.com/opinion/article-to-build-pipelines-we-must-create-coalition-corridors/

London is home to one of the first three natural gas filling stations opened by energy giant Enbridge, part of a planned network along the nation’s busiest highway.  It’s one of three stations now open along the Ontario’s 401 Highway.  The others are in Windsor and Napanee.  For more on this story go to the link at: https://lfpress.com/news/local-news/natural-gas-fuel-pumps-at-london-truck-stop-joins-growing-ontario-network

The expression “can’t see the forest for the trees” could have been coined by a typically modest Canadian.  It summarizes our current attitude to the embarrassment of riches that constitute our natural resources: our forests, wealth of metals and minerals and diverse reserves of energy, commodities that are the envy of any other country in the world.  For a variety of reasons, we seem determined not to take full advantage of them.  Read more on the story at: https://www.theglobeandmail.com/business/commentary/article-why-canada-should-be-the-home-of-ecologically-responsible-natural/

The Federal Liberal Government carbon tax is going to affect Canadians in their packet book one way or another.  Calls are being made to reveal how much the carbon tax will cost Canadians.  Read more on this story at:  https://torontosun.com/opinion/editorials/editorial-its-time-to-come-clean-on-carbon-taxes

The Federal Government has adjusted the limits imposed on certain large greenhouse-gas (GHG) emitting companies that are exposed to strong international competition from regions that don’t impose a price on carbon.  It’s increasingly clear that the danger of production and jobs fleeing to these less-taxed havens is all too real.  Read the full story at:

http://www.theglobeandmail.com/business/commentary/article-canadian-competitiveness-needs-a-boost/

Canada’s former ambassador to the United States, Derek Burney, is encouraging the Federal Government to review the Energy East Pipeline as a “strategic option” for the country’s economy in response to the Trump presidency, and the recent dust-up between Canada and Saudi Arabia.  The full story can be read at: https://www.theglobeandmail.com/business/commentary/article-its-time-for-a-fresh-look-at-energy-east/

Ontario Pool Price List – October 2018

Producing oil is often referred to as “harvesting” energy, an apt comparison to harvesting grain. As with most commodities finding the right balance is never easy. Farmers either have too much rain or not enough a factor that will determine their overall yield per hectare. Oil is similar, a surplus of supply or a shortage a factor that influences prices.

Read more on market in oil at: https://www.theglobeandmail.com/investing/investment-ideas/article-boom-bust-or-both-the-challenge-of-predicting-2019s-oil-market/