David Yager: Why ‘the world should be worried’ about oil supplies

David Yager: Why ‘the world should be worried’ about oil supplies

Saudi Arabia has reminded us again of the power of the world’s largest oil producer. Through Saudi Aramco, one country with only 35 million people controls 11 per cent of global supply.

Saudi Arabia can influence global oil prices simply by adjusting output. It has demonstrated this many times. The Saudis also control OPEC, but don’t advertise it.

Brian Crossman: Thanksgiving in the oilpatch

Brian Crossman: Thanksgiving in the oilpatch

But it in these moments in the oilpatch when you find pain and adversity, you also find strength. I am always amazed how humans can not only survive these difficult times, but persevere and become stronger in spite of it all. The times you spend 14 hours on the rig grinding it out, coming home dragging your ass like an “FNG” will tire you out beyond belief. But guess what? You are now stronger, smarter and better for it.

Editorial: Pipeline Online marks one year, a year where energy has been the story worldwide

Editorial: Pipeline Online marks one year, a year where energy has been the story worldwide

But more importantly, energy is THE STORY of our modern day. How we create it, store it, use it. How it impacts our lives, our economies, our jobs. Fourteen years ago, environmental and Indigenous concerns seemed on the margins. Now they seem like the only concerns. The pendulum is swinging.

And the war in Ukraine has focused our minds, sharply, on energy. In the past few days, two major pipelines mysteriously blew up in the Baltic Sea. Europe is concerned about freezing this winter, while their economy is going through one of the worst energy price shocks ever. That’s leading to European industries shutting down due to energy poverty.

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