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David Yager: Global Energy Show signals Canada’s oil and gas recovery and strong future. This industry has been down but will never be out

  A clear signal that Alberta’s oil and gas industry is alive and kicking was Calgary’s Global Energy Show June 6-8.  Last held in 2019, this important annual event was one of the many casualties of the COVID-19 pandemic in 2020 and 2021.  Originally called the...

David Yager: Natural gas, Alberta’s forgotten economic powerhouse. Gas is back in a big way

“They call natural gas the fuel of the future. It must be because it has no present value.”  So quipped the head of the Independent Petroleum Association of America at an industry event in Calgary in 1991.  Gas was big business 30 years ago, and it’s finally back in a...

David Yager: The world’s remarkable reversal on the future of oil

The message is now to resume normal activities even though ‘civil society’ has spent years trying to crush the industry   The love/hate relationship between oil companies and the world’s billions of customers is unique in the world of commerce.  ...

David Yager: The rising value of Mark Carney’s ‘stranded assets’; Rendering fossil fuels obsolete was conceived in a different environment than the one we live in today

  The pre-COVID climate playbook and energy transition are in big trouble.  Not among climate crusaders. For them, the crisis continues.  It is the ordinary people who have more pressing issues.   War. Energy. Food. Inflation. Interest rates.   The cost and...

David Yager: Why renewable energy needs affordable fossil fuels; reduced costs for wind and solar are tied to lower costs for oil and gas

With energy costs rising globally and the western world trying to stop buying fossil fuels from Russia, accelerating the switch to renewables continues to be pitched by some as the best solution.  Prior to 2021, there was great excitement about the falling costs of...
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