Monday, December 2, 2024

Trade Battle Between BC, Alberta Heats Up as Alberta Files Objection to $1.4-billion North Montney Mainline

From Alaska Highway News The Alberta government has filed its objection over TransCanada’s $1.4-billion North Montney Mainline project, though both it and the B.C. government say the move has nothing to do with the current Trans Mountain dispute between the two provinces. TransCanada pipeline would bring BC’s NatGas East, Alberta producers say: ‘No’ TransCanada is looking to build to the

Oil & Gas 360

Is Austerity Over in the Oilpatch?

Bankers, investors, private equity are jumping back into oil From the Houston Chronicle U.S. oil prices recently dropped below $60 a barrel after climbing to the highest levels since late 2014, but bounced back to $61.17 a barrel on Thursday. Reports of record U.S. oil output has done a number on forecasts considered rosy for the fossil fuel industry. And

Commerce Dept. Recommends Steep Curbs on Imported Steel

From The Hill The Commerce Department is recommending hefty tariffs or quotas severely restricting imported steel and aluminum, which if taken would almost certainly lead to an international trade war. Commerce Secretary Wilbur Ross told reporters on Friday that his department’s investigations found that imported steel is a threat to national security and recommended at least a 24 percent tariff on all steel imports from