Full steam ahead, currently above ground;

Canadian Pacific Railway Ltd. is poised to meet a goal to boost crude shipments by at least 67 per cent next year as oil producers and pipeline companies continue to build terminals even amid a bear market for the commodity.
“From the intelligence we get from our customers that are buying the crude, I don’t think the bottom is going to drop out” of the business, chief operating officer Keith Creel said Monday during an interview in Toronto. “Will it slow down and will some consolidation happen? Yes, but I think our supply partners are in a position of strength.”
Creel’s reaffirmation of the railroad’s plan to increase crude carloads to 200,000 in 2015 from as many as 120,000 this year…

h/t Karen

The New York Times reports that the Kremlin bankrolled protests against fracking in Europe. Green was really Red.
[…]
Falling oil prices will temporarily weaken the Russian and Iranian positions vis a vis the forces supported by the Gulf Emirates. It will also diminish logistical support for Assad in Syria. The administration finds itself in an accidental position of strength. US domestic oil production which it has tried so hard to discourage, has inadvertently given it a trump card.
But does it know what to do with it? The administration has not been able to press its advantages because it did not realize low oil prices would be an advantage in the first place. And even if they realized they had an ace in the hole, they have no idea what they want in the first place.

Richard Fernandaz has more.

They have their transfer payments to keep them warm.

Hydraulic fracturing in Nova Scotia may be a viable practice in the future, but it should not proceed right now.
“We conclude that the province is not able to make fully informed decisions either for or against the development of unconventional gas and oil resources by hydraulic fracturing at the present time,” said the final report from the Nova Scotia Independent Review Panel on Hydraulic Fracturing, released Thursday.
The panel, headed by Cape Breton University president David Wheeler, acknowledged the controversial method of extracting natural gas could create a major economic and employment boost in the province, with potential benefits to the regional economy topping $1 billion per year and 740 to 1,480 jobs created during the development phase.

h/t rzr

Canada's #Oilsands contribution is greater than 5 out of 10 provincial economies! #OilsandsProud #Cdnpoli pic.twitter.com/6Llf5xOR7h

— Oil Sands Action (@OilsandsAction) August 25, 2014

Har.

Anti-fracking scientist caught lying about his credentials
h/t Kevin B.

A John Gormley Live interview with Vivian Krause on the Tides campaign that landlocks Canadian oil.

Telegraph;

Russia is secretly working with environmental groups campaigning against fracking in an attempt to maintain Europe’s dependence on energy imports from Moscow, the secretary-general of Nato has said.
Speaking at the Chatham House foreign affairs think-tank in London, Anders Fogh Rasmussen said Russia was mounting a sophisticated disinformation campaign aimed at undermining attempts to exploit alternative energy sources such as shale gas.

Let the gnashing begin:

The federal government approved the Northern Gateway project Tuesday, a confirmation that had already riled pipeline foes before the decision was announced.

Bloomberg;

Prime Minister Stephen Harper’s cabinet must decide by midnight tomorrow whether to approve the C$6.5 billion ($6 billion) pipeline, which would carry diluted bitumen from Alberta’s oil sands across British Columbia. Canada’s petroleum industry is seeking measures to move landlocked crude to offshore markets with another proposed pipeline, TransCanada Corp’s, Keystone XL, in regulatory limbo in the U.S.
Saskatchewan Premier Brad Wall said signs point toward the federal government permitting Northern Gateway. “We’re hopeful approval’s coming,” Wall said in a June 12 phone interview. “I’m reading the tea leaves and picking up on signals like everyone else.”

Don’t blink.

Ezra Levant is on John Gormley Live for an hour, talking about his new book Groundswell. Click the “Listen Live” link here.