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Alberta to use $13.2B budget windfall to pay down debt, put cash in piggy bank

Alberta’s finance minister says the government is going to use this year’s projected windfall budget surplus to pay down debt and put some cash in its piggy bank. Jason Nixon says the plan is to make a $13.4-billion repayment on the provincial debt and add almost $3...

Alberta’s wind power generation drops to 0.5 % capacity on a day when temps hit 30+ C across much of the province

While central Alberta was under heat warnings, baking in over 30 C temperatures, the province’s wind power generation was doing next to nothing to run the province’s air conditioners. That’s because at 4:08 p.m. on Tuesday, Aug. 30, the province’s 28 wind farms were...

Ottawa invokes 1977 pipeline treaty in separate Line 5 dispute, this one in Wisconsin

By James McCarten in Washington For the second time in a year, the federal government is invoking a little-known 1977 energy treaty between Canada and the United States in an effort to prevent a federal court from shutting down the Line 5 pipeline. This time,...

Grounded Lithium, Part 3: Lithium prices have tripled in a year, so now what?

In recent weeks, Ford has announced price increases of over US$8,000 for both its electric F-150 Lightning and Mach-E Mustang due to higher material costs.   Gregg Smith, president and CEO, and Greg Phaneuf, VP finance and CFO, are the founders of Grounded Lithium...

Grounded Lithium, Part 2: Old, watered out wells could have new life producing lithium

Gregg Smith, president and CEO, and Greg Phaneuf, VP finance and CFO, are the founders of Grounded Lithium Corp. Pipeline Online spoke to them via email in early August, and they responded Aug. 24. You can read Part 1 here. Pipeline Online: Your SEDAR filing as well...

Grounded Lithium, Part 1: How does a former Sask Oilman of the Year go looking for lithium?

  Grounded Lithium Corp. is the second company to drill a targeted lithium well in Saskatchewan. That initial well was spudded near Coleville in west central Saskatchewan on July 27 and drilling concluded during the first week of August. The Company plans now to...
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