Tag Archives: oil prices

The rolling impact of low oil prices

Lately, it’s been one body blow after another for Canada’s entire energy sector. Here we take a closer look at how the impacts and repercussions will likely be felt for the rest of 2015
By Robert Olsen
With Andrew Luetchford and David Sparrow
May 16th, 2015

Alberta is getting quieter by the day. Compared to a year ago there are about 40% fewer heavy trucks on the province’s roads and six months from now, there will be even less. If this low oil-price environment continues, it … Continue reading

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Is your barrel half empty or half full?

Everybody’s talking about the impact of plunging oil prices on petro regions and energy producers—but what about the mining sector? Our correspondent sees a range of consequences, many of them good
By Ian McGugan
February 27th, 2015

The unexpected and still largely unexplained plunge in the price of oil is enough to throw a scare into any commodity producer. When the world’s most vital and heavily traded raw material can lose half its value in six months—for … Continue reading

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Oil prices: each day brings more drama

Contained caution in Canadian energy and economic circles has given way to increasing alarm as oil prices—off about 40% from June through November—head towards New Year's in a nose dive
By Paul Brent
December 19th, 2014

The last few months have been a tough time for peak oil doomsayers, OPEC oil sheiks, petroleum executives as well as finance ministers from Edmonton to Ottawa and as far east as St. John’s. Their common and constant migraine, of … Continue reading

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