Alberta
RBC boss says the U.S. needs Canada to supply oil and gas to Asia for energy security
From the Canadian Energy Centre
By Deborah JaremkoDave McKay sees the opportunity to ‘lead on both sides’ with conventional energy and cleantech innovation
Despite the rise of “Buy American” policy, the CEO of Canada’s biggest company says there are many opportunities to improve Canada’s sluggish economy by supporting the United States.
Near the top of the list for RBC boss Dave McKay is energy – and not just the multi-billion-dollar trade between Canada and the U.S. The value of Canada’s resources to the U.S. stretches far beyond North America’s borders.
“Canada has to get in sync and create value for our largest trading partner,” McKay told a Canadian Club of Toronto gathering on Sept. 10.
Security, he said, is one of America’s biggest concerns.
“Energy security is a big part of overall security…As we think about these power structures changing, the U.S. needs us to supply Asia with energy. That allows the United States to feed energy to Europe.”
He said that for Canada, that includes oil exports through the new Trans Mountain pipeline expansion and natural gas on LNG carriers.
“Particularly Asia wants our LNG. They need it. It’s cleaner than what they’re using today, the amount of coal being burned…We can’t keep second-guessing ourselves,” McKay said.
Asia’s demand for oil and gas is projected to rise substantially over the coming decades, according to the latest outlook from the U.S. Energy Information Administration (EIA).
The EIA projects that the region’s natural gas use will increase by 55 per cent between 2022 and 2050, while oil demand will increase by 44 per cent.
With completion of the Trans Mountain expansion in May, Canada’s first major oil exports to Asia are now underway. Customers for the 590,000 barrels per day of new export capacity have already come from China, India, Japan and South Korea.
Canada’s long-awaited first LNG exports are also on the horizon, with first shipments from the LNG Canada terminal that could come earlier than expected, before year-end.
According to the Canada Energy Regulator, LNG exports from the coast of British Columbia could rise from virtually nothing today to about six billion cubic feet per day by 2029. That’s nearly as much as natural gas as B.C. currently produces, CER data shows.
But the federal government’s proposed oil and gas emissions cap could threaten this future by reducing production.
Analysis by Deloitte found that meeting the cap obligation in 2030 would result in the loss of about 625,000 barrels of oil per day and 2.2 billion cubic feet of natural gas per day.
This could wipe out significant sales to customers in the United States and Asia, without reducing demand or consumption.
McKay said the “massive complexity” around climate rules around the world and the lack of a cohesive path forward is slowing progress to reduce emissions.
Canada has opportunities to advance, from conventional energy to critical minerals and cleantech innovation, he said.
“We have to continue to leverage our resources…We can lead in clean tech, but in the meantime, there is an opportunity to get more carbon out of the economy sooner,” he said.
“We are in a race. Our planet is heating, and therefore we have to accept there can be transitionary energy sources.”
From LifeSiteNews
‘Peterson’s law,’ named for Canadian psychologist Jordan Peterson, was introduced by Alberta Premier Danielle Smith.
Alberta’s Conservative government introduced a new law that will set “clear expectations” for professional regulatory bodies to respect freedom of speech on social media and online for doctors, nurses, engineers, and other professionals.
The new law, named “Peterson’s law” after Canadian psychologist Jordan Peterson, who was canceled by his regulatory body, was introduced Thursday by Alberta Premier Danielle Smith.
“Professionals should never fear losing their license or career because of a social media post, an interview, or a personal opinion expressed on their own time,” Smith said in a press release sent to media and LifeSiteNews.
“Alberta’s government is restoring fairness and neutrality so regulators focus on competence and ethics, not policing beliefs. Every Albertan has the right to speak freely without ideological enforcement or intimidation, and this legislation makes that protection real.”
The law, known as Bill 13, the Regulated Professions Neutrality Act, will “set clear expectations for professional regulatory bodies to ensure professionals’ right to free expression is protected.”
According to the government, the new law will “Limit professional regulatory bodies from disciplining professionals for expressive off-duty conduct, except in specific circumstances such as threats of physical violence or a criminal conviction.”
It will also restrict mandatory training “unrelated to competence or ethics, such as diversity, equity, and inclusion training.”
Bill 13, once it becomes law, which is all but guaranteed as Smith’s United Conservative Party (UCP) holds a majority, will also “create principles of neutrality that prohibit professional regulatory bodies from assigning value, blame or different treatment to individuals based on personally held views or political beliefs.”
As reported by LifeSiteNews, Peterson has been embattled with the College of Psychologists of Ontario (CPO) after it mandated he undergo social media “training” to keep his license following posts he made on X, formerly Twitter, criticizing Trudeau and LGBT activists.
He recently noted how the CPO offered him a deal to “be bought,” in which the legal fees owed to them after losing his court challenge could be waived but only if he agreed to quit his job as a psychologist.
Early this year, LifeSiteNews reported that the CPO had selected Peterson’s “re-education coach” for having publicly opposed the LGBT agenda.
The Alberta government directly referenced Peterson’s (who is from Alberta originally) plight with the CPO, noting “the disciplinary proceedings against Dr. Jordan Peterson by the College of Psychologists of Ontario, demonstrate how regulatory bodies can extend their reach into personal expression rather than professional competence.”
“Similar cases involving nurses, engineers and other professionals revealed a growing pattern: individuals facing investigations, penalties or compulsory ideological training for off-duty expressive conduct. These incidents became a catalyst, confirming the need for clear legislative boundaries that protect free expression while preserving professional standards.”
Alberta Minister of Justice and Attorney General Mickey Amery said regarding Bill 13 that the new law makes that protection of professionals “real and holds professional regulatory bodies to a clear standard.”
Last year, Peterson formally announced his departure from Canada in favor of moving to the United States, saying his birth nation has become a “totalitarian hell hole.”
From the Canadian Energy Centre
Multilateral designs lift more energy with a smaller environmental footprint
A “weird and wonderful” drilling innovation in Alberta is helping producers tap more oil and gas at lower cost and with less environmental impact.
With names like fishbone, fan, comb-over and stingray, “multilateral” wells turn a single wellbore from the surface into multiple horizontal legs underground.
“They do look spectacular, and they are making quite a bit of money for small companies, so there’s a lot of interest from investors,” said Calin Dragoie, vice-president of geoscience with Calgary-based Chinook Consulting Services.
Dragoie, who has extensively studied the use of multilateral wells, said the technology takes horizontal drilling — which itself revolutionized oil and gas production — to the next level.
“It’s something that was not invented in Canada, but was perfected here. And it’s something that I think in the next few years will be exported as a technology to other parts of the world,” he said.
Dragoie’s research found that in 2015 less than 10 per cent of metres drilled in Western Canada came from multilateral wells. By last year, that share had climbed to nearly 60 per cent.
Royalty incentives in Alberta have accelerated the trend, and Saskatchewan has introduced similar policy.
Multilaterals first emerged alongside horizontal drilling in the late 1990s and early 2000s, Dragoie said. But today’s multilaterals are longer, more complex and more productive.
The main play is in Alberta’s Marten Hills region, where producers are using multilaterals to produce shallow heavy oil.
Today’s average multilateral has about 7.5 horizontal legs from a single surface location, up from four or six just a few years ago, Dragoie said.
One record-setting well in Alberta drilled by Tamarack Valley Energy in 2023 features 11 legs stretching two miles each, for a total subsurface reach of 33 kilometres — the longest well in Canada.
By accessing large volumes of oil and gas from a single surface pad, multilaterals reduce land impact by a factor of five to ten compared to conventional wells, he said.
The designs save money by skipping casing strings and cement in each leg, and production is amplified as a result of increased reservoir contact.
Here are examples of multilateral well design. Images courtesy Chinook Consulting Services.
Parallel
Fishbone
Fan
Waffle
Stingray
Frankenwells
Alberta Offers Enormous Advantages for AI Data Centres
National Crisis Approaching Due To The Carney Government’s Centrally Planned Green Economy
Calgary mayor should retain ‘blanket rezoning’ for sake of Calgarian families
Edmonton and Red Deer to Host 2027 IIHF World Junior Hockey Championship
-
Health2 days agoCDC’s Autism Reversal: Inside the Collapse of a 25‑Year Public Health Narrative
-
Crime2 days agoCocaine, Manhunts, and Murder: Canadian Cartel Kingpin Prosecuted In US
-
Health2 days agoBREAKING: CDC quietly rewrites its vaccine–autism guidance
-
Energy2 days agoHere’s what they don’t tell you about BC’s tanker ban
-
National2 days agoPsyop-Style Campaign That Delivered Mark Carney’s Win May Extend Into Floor-Crossing Gambits and Shape China–Canada–US–Mexico Relations
-
Great Reset1 day agoEXCLUSIVE: A Provincial RCMP Veterans’ Association IS TARGETING VETERANS with Euthanasia
-
Daily Caller2 days agoBREAKING: Globalist Climate Conference Bursts Into Flames
-
Bruce Dowbiggin2 days agoBurying Poilievre Is Job One In Carney’s Ottawa