Keystone XL: The Key to Crude Exports – New Report

July 11, 2013By Lorne StockmanBlog Post, Briefings, Featured, Industry Updates, Reports 2 Comments

Proponents of the Keystone XL pipeline regularly claim that the pipeline will replace heavy oil from Venezuela and elsewhere if it is built. In fact just this week, Rep. Lee Terry (R-NE) claimed that Venezuela’s recent offer of asylum for whistleblower Edward Snowden is somehow a reason to approve the pipeline. The reality is that crude delivered … Read More

IEA acknowledges fossil fuel reserves climate crunch

November 12, 2012By Lorne StockmanBlog Post, Featured, Industry Updates, Resources 17 Comments

The International Energy Agency released its annual flagship publication today, the World Energy Outlook. The IEA made an historic statement in the executive summary. It said, “No more than one-third of proven reserves of fossil fuels can be consumed prior to 2050 if the world is to achieve the 2 °C goal”, the internationally recognized … Read More