Dutch Disease – Enbridge
What is Dutch Disease and how does it apply to the Northern Gateway Pipeline? In the previous post I outlined some of the economic issues associated with the Northern Gateway Pipeline. This pipeline increases the dollar value of oil in North America. A benefit for big oil and without the increased value there is simply [...]
Should we be worried?
I have not posted much over the past 6 months simply because of the workload on Pacific Rim BioEnergy (http://www.pacificrimbioenergy.com), but it seems that our political leaders here in Canada and around the globe have come to that critical junction with our climate and it would seem that they are electing to maintain business as [...]
Canada vs US Biofuels Industry
WASHINGTON — President Barack Obama on Wednesday, (March 30th, 2011), called for a one-third reduction in U.S. oil imports by 2025, reviving a long-elusive goal of reducing America’s dependence on foreign supplies as political unrest rocks the Middle East and gasoline prices rise at home. Even if Obama’s efforts can reduce U.S. demand for foreign [...]
The Economics of Biofuels (Update)
Note: This is an update from an earlier post. The earlier post outlined the concepts but did not have any specific details. This post utilizes current figures and displays the economic principals based on those current figures. Wholesale Price Projections The projected future cost advantages of ethanol and bio-diesel could potentially save Canadian consumers $2.5 [...]
Oil and Canada’s Economy
According to the U.S. Energy Information Administration, the major factors contributing to the rising cost of regular petroleum diesel fuel include: rising cost and restricted supply of crude oil; tight refining capacity due to growing domestic and international diesel fuel demand; increasing transportation costs; higher costs associated with the required U.S. transition to Ultra Low [...]
