Thursday, 14 May 2026
Iran Needs To be Stopped
Friday, 1 May 2026
Alberta Oil
Alberta is Canada's energy powerhouse.
In 2025, Alberta exported about 3.56 million barrels per day (bpd). There are numerous export expansions in the works including an expansion by Enbridge which will optimize its mainline oil pipe operations in Canada adding up to 150,000 bpd by 2026-2027 and potentially another 250,000 bpd by late 2028, and the TMX pipeline will see additional growth via an expansion beyond the existing 890,000 bpd to a "Phase 2" pump station expansion could add another 360,000 bpd by 2028.
Together, these changes will expand Alberta's exports to about 4.35 million bpd by 2028.
President Trump has approved an expansion to the Bridger Pipeline from Albert to Wyoming that could add another 550,000 bpd to exports. The governments of Alberta and Canada are working on another pipeline to move Alberta oil to the West Coast of Canada that could see up to 1 million bpd more oil exported from Alberta by 2035.
If these planned pipeline expansions come to fruition, Alberta could be exporting about 5.9 million bpd day by 2035. That would make Alberta the third largest exporter of oil on the planet after Saudi Arabia and Russia, and ahead of the USA and Iraq, assuming the war in Ukraine ceases and Russia can again export oil as it did prior to the war.
For context, it is worth noting that in 2015 Alberta only exported 2.5 million bpd. If planned pipeline expansions and construction goes ahead, by 2035 it would be exporting 235% more oil than it exported two decades prior.
There is an independence movement in Alberta that has complained loudly that Alberta's economic potential has been purposely quashed by federal government policies that have seen the cancellation of pipelines and the implementation of climate change policies. This sentiment is widely shared by the majority of Albertans who want Alberta to remain in Canada. One would hope that the planned expansions of Alberta's oil exporting capacity noted above will go a very long way to address these concerns.
Saturday, 14 March 2026
The British Monarchy On The Tropes
The Epstein thing has rocked the very foundations of the British Monarchy. A summary, so far...
Tuesday, 3 March 2026
Understanding Venezuela and Iran
There is a new war on!
It's the USA and Israel, and likely others versus Iran!
What is this all about?
The previous American attack on Venezuela resulted in opening up the country to private investment in the oil sector, reversing decades of national control.
The negotiations with the Iranians likely involve removing the nuclear threat, but also some private ownership and control of Iran's oil reserves. Iran was about to allow what would have amounted to limited joint ventures between private firms and the national oil company, but it would still have banned outright private ownership of Iran's oil. I suspect that this will be lifted once there is a deal in place after the war is over.
The key here is that the odious Venezuelan regime was left in charge, with some sops to democracy via release of political prisoners etc. The Mullahs will likely be left in charge as well. There is no plan for regime change because they aren't serious about regime change if they can get at the oil.
This is about colonialism, not freedom.
The wild-card here is Israel which wants to see Iran's regime utterly destroyed. They want the Mullahs gone, so behind the scenes there is likely a debate between those who favour colonization of Iran with the Mullahs in charge - a.k.a. the Americans - and the Israelis who don't care about oil, but who want this existential threat eliminated. The debate will likely end in an all-around agreement on killing as many Iranian leaders as possible, within a defined time frame.
These wars were and are clearly illegal. Illegal in international law, and illegal in American law. This isn't even debatable.
Canada's PM Carney has read the room correctly - stick to Canada's previous position against the Iranians getting the Bomb, and say nothing about the illegality, which is consistent with his "end of the world order as we know it" speech in Davos.
Query - if the Americans and Israelis can do this, why pre tell, could Russia not invade Ukraine, or China not invade Taiwan?
"Might is Right" and "The Law of the Jungle" and Hobbes' view of "The State of Nature" all rule again.
Is every small country on the menu?