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BOE Report Staff

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Canadian Association of Petroleum Producers releases statement on U.S. tariffs

February 1, 20255:59 PM BOE Report Staff

Please find here CAPP’s statement on U.S. tariffs on behalf of Lisa Baiton, CAPP president and CEO: “We are deeply disappointed that U.S. President Trump has decided to institute tariffs on Canadian goods.  Nobody wins with the introduction of tariffs on Canadian energy. These tariffs undermine our mutually beneficial relationship and are likely to increase costs and inflation for American consumers while damaging the economies of both countries. With the complexity of North American and [Read more]

Alberta Premier Danielle Smith calls on federal government to immediately fast track Canadian coastal pipelines, LNG, refining, and resource development in response to US tariffs

February 1, 20254:06 PM BOE Report Staff

Alberta Premier Danielle Smith

In a statement from Alberta Premier Danielle Smith just released on X, the Premier addresses President Trump's decision to place tariffs on all Canadian goods. The Alberta Premier continues to show leadership in dealing with the US government over the tariff situation. In the statement, she "calls on the federal government and our fellow provinces to immediately commence a national effort to fast track and build oil and gas pipelines to the east and west coasts of Canada, construct multiple [Read more]

LNG

In an indictment of Canadian economic policy, Canadian dollar sinks to 22 year lows

February 1, 20253:31 PM BOE Report Staff

In what could be described as an indictment of the last decade's worth of Canadian economic policy, the Canadian dollar sits at the precipice of 22 year lows as traders wait for Sunday futures to open. If last week's back and forth volatility was any indication, we could be in for another wild week in markets affected by the tariff ON/OFF stream of headlines that seem to hit the newswires every few hours. The Canadian loonie closed at one of its worst prices in decades on Friday. In much the [Read more]

Will Canadian oil get a tariff exemption?

January 31, 20251:10 PM BOE Report Staff

Alberta oil well in canola field

Will Canadian oil get a tariff exemption, or will tariffs on oil be part of the broader tariff package? Follow along here to find out what Polymarket traders think. Will Canadian oil get a tariff exemption? 🇨🇦🛢️ pic.twitter.com/aZjiYO9UL7 — BOE Report (@BOEReport) January 31, 2025 [Read more]

CAPP Background Information – Overview of Canadian Imports of US Crude, Natural Gas, and Refined Products

January 31, 20259:37 AM BOE Report Staff

There is likely to be much attention paid to the Canada/US trade relationship today. Lots of information has been shared about how much oil and gas we send to the United States, but little about how much Quebec, Ontario, Alberta, British Columbia and other regions heavily rely on imports from the U.S. This leaves Canada quite vulnerable from an energy security perspective should we get in an energy trade dispute with the U.S. For information, please find enclosed an overview of Canadian [Read more]

Line 9

Driving Operational Excellence in Rod Lift Optimization with AI

January 30, 20255:40 AM BOE Report Staff

Optimizing 800 Wells in 8 Minutes What once took days can now be accomplished in minutes. Ambyint’s Cognitive Card Recognition (CCR) technology allows operators to analyze up to 800 wells in just 8 minutes, delivering real-time insights that enable engineers to act quickly and effectively. Managing rod lift wells with limited resources is a constant challenge. Important dynacards are often overlooked, leading to missed opportunities for proactive maintenance. CCR changes this by automating [Read more]

In an impressive display of leadership, Alberta Premier Danielle Smith provides very simple path forward to avoid tariff war with US

January 29, 20258:51 PM BOE Report Staff

Alberta Premier Danielle Smith

It's so simple that it's a surprise that it hasn't been thought of before. If President Trump wants the border secured and the flow of fentanyl stopped, why doesn't the Canadian government propose to secure the border and stop the flow of fentanyl? While the Canadian Liberal government continues to be prorogued sorting out their own internal mess, Alberta Premier Danielle Smith has taken on a leadership role in meeting with President Trump down at Mar-a-Lago and today proposing that Canada [Read more]

Commerce Secretary-designate Lutnick appears to give Canada an out on tariffs; Canadian energy equities respond favourably

January 29, 20252:10 PM BOE Report Staff

Pump jack in the winter morning's sunrise.

Commerce Secretary-designate Howard Lutnick appeared to give Canada (and Mexico) an out on potential tariffs today, suggesting that if action is taken to secure the border and shut the flow of fentanyl across the border, that there will be no tariffs. Commerce Secretary-designate Howard Lutnick: “Shut your border and stop allowing fentanyl into our country, killing our people. This is a separate tariff to create action from Mexico and action from Canada… If they execute it, there will be no [Read more]

Full speed ahead: fast-tracking permit approvals

January 29, 20259:50 AM BOE Report Staff

Alberta’s government is unveiling a new policy toolkit to accelerate simple permit approvals, reinforcing its commitment to cutting red tape. Slow permit approvals and regulatory hurdles have long held back businesses, job creators and economic growth. Alberta’s new “Automatic Yes Toolkit” for permits makes life better for Albertans by reducing red tape, speeding up project timelines and creating more opportunities for businesses and individuals to thrive – all while ensuring health, safety [Read more]

Aggregate plus opportunity

January 29, 20255:59 AM BOE Report Staff

Looking for investment regarding 19 hectare shale rock pit approximately 45 minutes south of Grande Prairie AB. This pit includes approximately 1,000,000 tonne of clay, 750,000 tonne of shale rock, as well could be permitted to hold water for industrial use, once the rock has been removed. Proven sales in 2019/2020 to energy companies in the area. An exciting opportunity with several streams of revenue. Logistically the suggested area lies well within the dynamic growth area of the south [Read more]

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