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Terry Etam

Terry Etam is a BOE Report contributor.

And we thought 2025 was chaotic…2026 looks set to blow that away

January 5, 20266:33 AM Terry Etam0 Comments

We’re a few days into the new year, and a striking phenomenon so far is that we’ve heard hardly a  mention of either AI or silver, both of which dominated hive mind chatter in the last few weeks of 2025. Knocking those two off the top pedestals is a new (for the time being) champ from South America. Everything changed this past weekend when the US surgically removed Nicolas Maduro as leader of Venezuela. The hive mind went ape. New experts appeared by the truckload. It was sight to behold; [Read more]

Column Hemisphere

As the geopolitical landscape shifts, oil and natural gas remain key to everything

December 17, 20256:26 AM Terry Etam

Alberta oil well in canola field

Once upon a time, I imagined there was a layer of people at the top of the world order that were supremely wise, experienced, and of the finest judgement. I assumed that the world moved with purpose as this elite crowd rolled up their sleeves and exercised their skills in a cohesive manner, instituting policies and programs that were the best and most logical choice based on finances and resources available. I assumed the west worked that way, as did the commies (the cold war lives on in my head [Read more]

LNG

Weekly Word Wanderings: Very bad AI, very good AI (for natural gas), and the weirdest French court case you can imagine

December 11, 20256:17 AM Terry Etam0 Comments

Engaging Articles of the Week You know how last year you changed your passwords from 1-2-3-4-5-6 to 6-5-4-3-2-1 in order to update security protocols and thwart criminals; well, a lot of firms and governments have something that believe it or not is even more secure – message encryption. As Microsoft puts it, “Encrypting an email message means it's converted from readable plain text into scrambled cipher text. Only the intended recipient can decipher the message for reading. Any recipient [Read more]

Chevron Column

Leverage, Sweet Leverage: A new Canadian coastal oil pipeline would vastly improve Canada’s trade talk position

December 2, 20256:22 AM Terry Etam0 Comments

There are so many questions about the Alberta-Canada energy MOU...anyone thinking they’ve figured it out is probably spending too much time with the bong. There’s a good chance that, at this stage, it’s not even meant to be figured out, just open to interpretation so that everyone can score a win and everyone can be mad about it and then hey at least we have  some sort of energy homeostasis which good Lord is what any sane person wants.  The MOU is like something that fell out of a spaceship, [Read more]

Carbon Tax Column

Canada’s first step to becoming a Global Energy Power – finding common ground

November 25, 20256:50 AM Terry Etam0 Comments

Energy is at the heart of everything, and energy production should be exciting and dynamic and positive. It is not. Here, in large reason, is why. Consider the following passages, emphasis added. “The West as America is the total geopolitical opponent of Russia…The positional geopolitical war with America has been and continues to be the essence of all Eurasian geopolitics, beginning in the middle of the 20th century, when the role of the United States became obvious. In this regard, the [Read more]

Column

Weekly Word Wanderings: Why Venezuela now?; COP30 Ironyfest; a primer in dynamiting dead whales; and an eccentric podcast

November 12, 20256:01 AM Terry Etam0 Comments

Engaging Articles of the Week The US administration’s international focus over the past 8 months could probably best be described as: ADHD. Eight months ago, as Canadians well remember, Trump spent a lot of social media time talking about the annexation of Canada. Then the focus shifted somewhat (but not completely) bizarrely to Greenland, creating another subset of international anxiety. In the midst of general jousting with all the major superpowers, the US administration now has its sights [Read more]

Column

Keep it real – humans unlikely to accept amorphous blob status in worst-case AI scenarios

November 3, 20256:40 AM Terry Etam0 Comments

Environmentalists, the old fashioned kind, used to hold their rusty Subarus together with an assortment of bumper stickers, little rectangular slogans randomly overlaying decaying metal. A memorable one was the exhortation to go outdoors and ‘hug a tree’, thus causing a generation of nature lovers to be declared ‘tree huggers’ in a sometimes snarky way. (The phrase isn’t used much anymore, except oddly as advice to children if they become lost in the woods - to ‘hug a tree’ and stay put). I [Read more]

Column

Why is it so hard to build stuff? A realistic assessment of the problem, and the best route forward

October 22, 20256:30 AM Terry Etam0 Comments

Trans Mountain pipeline

This is about the saddest topic to even contemplate writing about, the challenge of building infrastructure/major projects. It’s like sitting down and making a list of why you are not a Formula 1 driver. You have bad reflexes. You are too fat. You have no money. You have no talent. Your legs are too long. Your legs are too short. You don’t know oversteer from overbite.  Not picking on anyone out there personally; what the above is getting at is that a Formula 1 driver has a nearly-unique set [Read more]

Column

Even nearly-free natural gas can’t help customers: Attracting investment means solving Alberta’s gas delivery problem and Canada’s suffocating tax problem

October 14, 20256:55 AM Terry Etam0 Comments

Ok, someone’s gotta say it. A few things need fixing if Canada is to begin attracting significant investment again. Here’s one no one likes to talk about. Something is severely broken in the intra-Alberta gas market. Natural gas producing companies are being driven into bankruptcy due to pathetically low natural gas prices. Hold on, you might think, that's not all bad - low natural gas prices are a boon to investment; they should attract any industry that relies on affordable gas. Low AECO [Read more]

Carbon Tax Column LNG TC Energy

Energy literacy – what does that even mean, to whom, and how do we get there?

October 1, 20257:02 AM Terry Etam0 Comments

Writing about energy is an oddly exhilarating experience. Sure, in the current global state of energy affairs, the topic can be a lightning rod for kooks and very angry people on the internet, but the flip side is also true: it opens the door to a great many new and interesting people. A consequence of these introductions is another positivity; encountering people who genuinely want a better understanding of energy, with no axe to grind either way, people who are far outside the industry but [Read more]

Column

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