With a nice little word salad chaser to help wash that down.
Comic relief (from Kate).
Mischief Is Important
If I was running the industry that serves as perennial whipping boy for Liberals, I’d screw over their manufactured “price drop at the pumps” campaign stunt, too.
The average retail price of gasoline in Canada increased ¢14 in the last month, which is not coincidentally the amount of carbon tax that is being removed today. pic.twitter.com/JvNFPMapYD
— Martyupnorth®- Unacceptable Fact Checker (@Martyupnorth_2) April 1, 2025
Coulda Had A Pipeline
Congrats @GovDunleavy on the LOI with CPC Corporation Taiwan supporting the strategic Alaska LNG pipeline and purchases of Alaska LNG! Looking forward to similar progress with Japan, South Korea, Thailand and other key partners!
Selling U.S. energy to our friends and allies makes the world a safer, more secure place and creates great opportunities for all to prosper!
The Libranos: Lying In Plain Sight
Until two months ago this man co-chaired a global banking alliance that he assembled with the explicit goal of strangling Canada's energy sector. https://t.co/6FSEG1PV37
— Aaron Wudrick 🇨🇦 (@awudrick) March 21, 2025
Help a turnip out. How does cancelling capital gains tax hike, we were told would only impact the wealthiest 0.13%, incentivize those who aren’t? What am I missing?
I Want A New Country
What’s The Hold Up?
Could’a Had a Pipeline
Scott Moe- Effective Immediately: All pipeline permits going east, west, or south received in Saskatchewan will be considered pre-approved.
We encourage all provinces and the federal government to do the same.
Obligation To Serve
Six Things to Know About Your Electric Utility
Many years ago, a comedy group posted a video featuring actors as average Americans in a slick faux commercial satirizing coal energy. Turns out the coincident target of this mockery was the rest of us and how little we understand about what powers our lives.
“What if the power to sustain your world was right inside a mountain?” asks the narrator. He continues, “What if you could power an entire city for a hundred dollars?” A man in a hard hat says, “Cheap power is clean power. The future is later.” A woman looks soberly at the camera, “Electricity comes from the walls in my home where I live.”
Coulda Had A Pipeline
A good follow, btw.
Coulda Had A Pipeline
Listen to this answer!
Poilievre is asked about tariffs or export controls on Canadian oil and gas and gives a masterclass.
pic.twitter.com/dgvIkKdmXO— Brian Lilley (@brianlilley) January 16, 2025
There’s No Business Case For LNG Exports
Bloomberg, with nifty graphics.
Every six hours, somewhere in the world, a shipment of liquefied natural gas controlled by a Japanese company leaves a port. The vessels — giant, floating thermoses that keep the fuel super-chilled — cross the globe, destined for pipelines in energy-hungry countries in every hemisphere.
These tankers, which handle a quarter of all LNG shipments, are only the tip of Japan’s increasingly dominant gas empire. With the enthusiastic backing of the government, corporate Japan now offers a complete package for countries looking to replace aging, and near-unfinanceable, coal power stations with gas: Its engineering firms will provide technology and parts, its utilities some fuel, and the banks will offer financing.
Buy Saskatchewan? Major nuclear MOU signed
SaskPower, Cameco and Westinghouse sign MOU on future nuclear development
With Westinghouse now 49% owned by Saskatoon-based Cameco, the prospect of “buying Saskatchewan” becomes significant.
As a side note, I’ve been expecting this sort of development ever since Cameco announced it was buying nearly half of Westinghouse. While SaskPower is currently committed to building GE-Hitachi reactors at Estevan, at least two of them, it’s quite possible subsequent reactors will be Westinghouse models. And Moe has told me several times the government is considering big, 1000 megawatt reactors.
As for the fancy curved architecture, I expect the final product will be much more utilitarian.
There’s No Business Case For LNG Exports
Bloomberg: Norway Gas Scare Puts European Market on Edge
Europe’s gas market has been jolted out of its slumber.
An outage in key supplier Norway sent prices up Monday by the most this year, and uncertainty over the duration of repairs has traders on edge.
A fault on a pipe at the Sleipner Riser platform shut off operations at the country’s massive Nyhamna processing plant and curbed flows into the UK’s Easington terminal, an entry point for a third of Britain’s supply.
Futures jumped as much as 13%, showing the impact of such a disruption even with European demand still sluggish and stockpiles brimming. Prices partly recovered Tuesday on news that the halt may end Friday.
Yet the network operator has given scant detail on the repair plan, and past outages at Norwegian facilities have often been extended.
Estevan for the reactor win
Premier Scott Moe came to Estevan to announce that if SaskPower builds reactors, they will be near Estevan. It’s been narrowed to two possible sites (maps in story).
Here’s the reactor portion of his speech, verbatim.
And in it, he talks about how SaskPower just might keep its coal fleet in operation until the reactors are built and operating. That would be well past the federal mandate, which Saskatchewan just might ignore.
And the premier’s social media shared the story, too.
“On the occasion of the Estevan Chamber of Commerce’ 120th anniversary banquet, Premier Scott Moe delivered news that could secure the future of the Energy City for many more decades to come.”https://t.co/aTLKLr40TH
— Scott Moe (@PremierScottMoe) May 31, 2024
Y2Kyoto: Chart Of The Day
Wall to be honoured by Saskatchewan oil industry
Former Premier Brad Wall will be inducted into the Saskatchewan Oil and Gas Hall of Fame at the upcoming Saskatchewan Oil and Gas Show on June 5.
During his tenure as premier, Wall did something most politicians in the rest of Canada wouldn’t. He stood up for and celebrated our energy industry.
Crescent Point no more, and more on Rex
Crescent Point Energy, which was briefly Saskatchewan’s largest oil producer and a corporate darling, is continuing its shift to Alberta focus. Last week saw the sale of one of its last major remaining properties in Saskatchewan, and on Friday, it changed its name.
Oh, and it lost a pile of money in that sale, it seems. If they were going to lose so much money, why the rush to sell it?
And hockey had Gretzky, while columnists like myself had Rex Murphy. He wasn’t afraid to be an ardent supporter of oil and gas, in large part because it proved to be the salvation of Newfoundland when the cod fishery collapse.
End Of Oil
Suncor reported record upstream production of 835,000 barrels per day during the quarter, including all-time high oilsands production of 785,000 barrels per day.
The company says it achieved record refined product sales of 581,000 barrels per day, and saw its highest-ever first quarter refining throughput at 455,000 barrels per day with 98 per cent overall refinery utilization.
Going nuclear: Moe says Estevan’s likely location for SMRs
Moe says Estevan likely location for small modular reactors.
In the story I talk a bit about how the province and SaskPower are a bit cagey about definitively saying, “Yes, for sure, damned rights, we’re building reactors.”
But you can be sure, “Yes, for sure, damned rights, we’re building reactors.”
Did I call it, or did I call it?
Chain Reaction
In the final year in which both nuclear reactors were operational, the Indian Point Energy Center (IPEC) generated 16.7 terawatt hours of reliable baseload power from its 2.1GW of combined capacity—enough to meet roughly 25% of New York City’s total demand. By mid-2020, only one of those reactors was still running, but it managed to do so for the entire calendar year without interruption, turning in a perfect capacity factor of 100%. Not bad for a facility that sits on just 240 acres of land.