Gasoline: The New Junk Product?

Gasoline’s value against diesel started collapsing around August and hasn’t stopped sliding since. Once the oil industry’s star product, gasoline is now losing oil refineries money in Europe and has plunged in value against diesel, its main competitor. How did this happen? The simple answer is that gasoline supply has massively outpaced demand. That’s illustrated

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A $260 Billion Oilsands Crisis, or Major Jobs Opportunity?

An industry-funded Alberta oilpatch cleanup would provide decades of employment. Last week, news headlines across Canada shouted “Cleaning up Alberta’s oilpatch could cost $260 billion”, and cited the Alberta Energy Regulator’s (AER) behind-closed-doors estimate of the energy industry’s environmental liabilities. The staggering financial liabilities for mining waste and a graveyard of spent facilities were spelled

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