U.A.E. prepares for a post-oil world, endeavouring to make the best of the oil it has before demand shrinks for good
Crude oil markets have left a confused picture and observers can’t decipher where prices will stabilize. In the immediate aftermath of the Organization of Petroleum Exporting Countries (OPEC) fiasco last week, oil prices were on a slippery slope. OPEC+ ministers halted crude oil output talks on July 5 after the United Arab Emirates rejected a…
The observers of these phenomena are sober professionals who seek to understand what it is that has been detected and recorded
The venerable television program 60 Minutes aired a segment recently focused on a topic that has been examined before, but not with the same widespread receptivity and credibility. It had to do with UAPs. And the Pentagon, directed by the United States Congress, recently released its file on UAPs, or unidentified aerial phenomena. These sightings…
Relaxing measures at the border could serve as an indication that vaccination efforts are working
Prime Minister Justin Trudeau has made no secret about his belief that every Canadian should get vaccinated. “I just want to get back to normal,” he said in May, insisting that the path back to normality was to ensure that everybody, including the “crusty old uncle who resists” or a “friend who’s skeptical,” take a…
He wanted to be seen as a man of action, someone taking charge
In the summer of 1971, Richard Nixon demonstrated how his charismatic deficiencies didn’t preclude daring moves. His detractors were taken by surprise. Nixon was in the third year of his first U.S. presidential term and he came into that summer on the back foot. The inherited Vietnam War was grinding on and the policy of…
The world needs more oil. The Organization of Petroleum Exporting Countries (OPEC), Russia and American shale oil producers all need to up their output to keep the rising prices of the “super cycle,” as Saudi Energy Minister Prince Abdulaziz bin Salman called it, under control. Media reports say Prince Abdulaziz bin Salman told the Robin…
A global minimum corporate tax is a 20th-century solution imposed on the 21st-century, where the digital realm is disrupting taxation
World leaders should resist U.S. pressure to enact a global minimum corporate tax, despite a recent move by the G7 countries to adopt the plan. It would harm corporations, small companies, workers and consumers while discouraging investment and wealth creation. If anything, the world needs more competition for post-pandemic recovery. U.S. Treasury Secretary Janet Yellen’s…
We should stop caving in to North American virtue signallers
Michigan Gov. Gretchen Whitmer has launched the latest political hit job on a Canadian pipeline. Whitmer is targeting Enbridge’s Line 5, which runs from Alberta through the Great Lakes region to refineries and chemical plants in Sarnia, Ont. The Sarnia terminus sells to companies that make products that fuel cars, trucks, vans, ships and airplanes…
Because of the Bay of Pigs disaster, Khrushchev pegged Kennedy as a pushover
Things didn’t go well when U.S. President John F. Kennedy met with Soviet First Secretary Nikita Khrushchev in June 1961. Or at least they didn’t from Kennedy’s perspective. Speaking to American journalist James Reston after the Vienna summit’s second and final day, Kennedy described it as the “roughest thing in my life.” Khrushchev, he said,…
Anyone who thinks the U.S. can do without Canadian oil, especially heavy oil, is misinformed. Canadian oil is critical to the Americans
By Mark Milke and Lennie Kaplan Canadian Energy Centre The United States banned exports of crude oil in the mid-1970s, as the result of an oil embargo directed at the U.S. by Middle Eastern countries. The embargo began as a result of American support for Israel during the 1973 Yom Kippur War. In response, some…
Xi has changed the game, and the U.S. needs to maintain "ambiguity" while constantly adapting to avoid war in the Taiwan Strait
In recent months, a number of American security analysts have argued that the United States’ longstanding use of “strategic ambiguity” in the Taiwan Strait has outlived its utility. For example, in widely reported remarks, retired U.S. Adm. James Stavridis posited that “the longstanding U.S. policy of ‘strategic ambiguity,’ supporting Taiwan militarily without a formal commitment…
Crude oil markets have left a confused picture and observers can’t decipher where prices will stabilize. In the immediate aftermath of the Organization of Petroleum Exporting Countries (OPEC) fiasco last week, oil prices were on a slippery slope. OPEC+ ministers halted crude oil output talks on July 5 after the United Arab Emirates rejected a…
