Pipeline News

Things will get better because they can’t get worse. We’re at or near the bottom. Better times ahead. But you’d never know based on oil prices or the news. WTI closed August 11 US$43.

Three times on the same day, in conversations with three different people in three different towns, this phrase came up: “This downturn is like the 80s.” And that, my friends, is really not a good thing.

In mid-August, if your truck ran on gasoline instead of diesel, you were in for a shock. Gasoline prices at the pump in Saskatchewan spiked 16 cents in a day.

Dear Editor, Lest anyone think that provincial prosperity is pure luck of the draw based upon the global price for commodities, Alberta’s recent tax hikes should be a sobering reminder that bad policy can cripple an economy faster than any downturn.

(Daily Oil Bulletin) Calgary – In a major shift in corporate strategy, Crescent Point Energy Corp. has cut its monthly dividend on Aug. 1 to 10 cents from 23 cents and reduced its capital budget by $100 million to $1.45 billion.

A cheat sheet on where federal leaders stand on various pipeline projects

Why is petroleum factored into equalization but not hydro?

Contents of pipeline flared near Alameda and Arcola

Weyburn – Contain Enviro Services had some shiny secondary containment components in its booth at the Saskatchewan Oil and Gas Show June 3-4. Bill Moore works out of Calgary while Glenn Eckert works out Edmonton. Both work in business development.

Bonnyville – Attending oil and gas shows is paying off with sales and exposure for Kenilworth Combustion Ltd., a company that manufactures innovative and reliable combustion products in Vermilion.