Bye, Bye Peak Oil

June 26, 2012By Andy RowellBlog Post, Featured

Contrary to what most people believe, oil supply capacity is growing at such an unprecedented level that it might soon outpace consumption. This could lead to overproduction and a steep dip in oil prices. That is the startling conclusion from Leonardo Maugeri, a former senior executive with Italian oil giant ENI, who is currently a … Read More

TransCanada clings to Keystone myths

May 23, 2012By Lorne StockmanBlog Post, Featured

Yesterday we co-published a report with NRDC and Forest Ethics that busted the myth that the Keystone XL pipeline would lower gasoline prices for U.S. and Canadian consumers. It is actually more likely to raise prices by diverting oil from refineries in the Midwest, which are focused on serving the domestic market, to refineries on … Read More