The divergence in natural-gas and crude-oil prices has gone to an extreme. Natural-gas prices have fallen below $4 (U.S.) per million British thermal units while crude oil prices have shot up and are hovering close to $70 (U.S.) a barrel, leaving the ratio of oil-to-gas prices nearly double the historic ...

The week is finally ending, but wow, what a week it's been. The big news was, obviously, Harper and Ignatieff's agreement to hold off on an election and instead work together on EI reform, infrastructure spending updates and more. We'll see how that goes, but at least we don't have ...

A bidding war seems to be forming up over small Canadian-registered oil producer Addax Petroleum (TSX: AXC), a mid-tier independent oil producer headquartered in Geneva that has recently begun exporting oil from the northern Kurdish region of Iraq.

Yields on the 30-year Treasury bonds hit a 2009 high in May when they touched 4.6% last week, almost double the 2.5% hit just six months ago, while oil has moved up to touch $68. What are we to make of these moments? Choose your interpretation.

A report released by the Council on Foreign Relations yesterday contends that the Canadian oilsands are neither critical to U.S. energy security nor “catastrophic” for the climate.

Oilman Harley Hotchkiss writes about business, hockey, but mostly his various communities. Too often business biographies don’t connect with the average person. Oh sure, these budding tycoons often start out just like anybody else, but before you know it they’re rich, successful and putting on airs. By the book's last page ...

Wow. That didn't take long. After the price of oil crashed with the onset of the Great Recession, the price of crude is already back up to US$60. Gasoline prices are already on the rise, and that’s worrying.

Robert Page had his work cut out for him today. The Calgary, AB-based chair of Canada's National Roundtable on the Environment and the Economy was fielding a packed morning's worth of media from all across the country.

It was interesting to hear the always-estimable Rick MacInnes-Rae interview Robert Hirsch on CBC national this past Sunday. Rick is a steady and reassuring voice on foreign policy and big issues, and so the fact he was interviewing Hirsch, the author of the key report on Peak Oil,  the aptly-named ...

In a recent issue of Canadian Business we ran a story quoting Jim Gray, the former CEO of Canadian Hunter Exploration. At the time he said he was worried about the possibility of declines in liquid fuels production as a result of ongoing depletion in many of the world's ...