Brian Zinchuk: Some suggestions for the Saskatchewan government to stimulate activity in the province’s oilpatch
As I noted on Sept. 28, there’s a substantial amount of concern in the oilpatch about the lack of activity despite high oil prices. As one person told me, “When oil was $40 a couple years ago I was optimistic that a price recovery would lead to increased activity in our region. Now that we’re struggling to keep a double digit rig count in SE Sask with $94 oil ($127 CAD) it’s tough to stay optimistic.”
Brian Zinchuk: With oil prices now at US$94 per barrel, why is industry activity akin to when it was half that?
In the last week I’ve spoke to some of the most knowledgeable people I know in the Saskatchewan oilpatch, business owners all, from Weyburn, Lloydminster and several from Estevan. There’s a rising chorus of dissatisfaction amongst them. Things should be booming in this province’s oilpatch, but they aren’t. And this disquiet could threaten the governing Saskatchewan Party with the potential loss of a key portion of its base.
Jim Warren: Guess what happens when eco-zealots are put in charge of making climate policy?
Over the past decade we’ve learned that failure and misfortune often follow when people who bleed green are allowed formulate emissions reduction policies. Experience has shown green transition targets set by inept policy makers like Steven Guilbeault, Canada’s greener than goose poop environment minister, generally turn out to be hopelessly unrealistic.
Brian Zinchuk: How significant is Crescent Point’s attention turning from Saskatchewan to Alberta?
Earlier this week, I posted a significant story entitled, “Once Saskatchewan’s largest oil company, Crescent Point plans to spend 70% of its capex in Alberta.” One person online wondered about its significance. And indeed, he had a point. After all, what has Crescent Point meant to Saskatchewan?
It turns out, a lot. So let me lay out some context for the average Saskatchewan resident:
Saskatchewan Research Council: SRC helps move helium forward in Saskatchewan with liquefaction options
Critical minerals provide the materials needed for nearly every aspect of our day-to-day life and are becoming increasingly important for growing a prosperous future. Canada’s recently announced Critical Minerals List highlights 31 minerals and metals that are crucial for green energy, technology, transportation and healthcare. Saskatchewan’s own Critical Minerals Strategy focuses on the critical minerals found in the province including potash, uranium, rare earth elements and a has a strong focus on helium.
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