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Terry Etam

Terry Etam is a BOE Report contributor.

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High Hopes

June 3, 20257:14 AM Terry Etam0 Comments

Beyond the horizon of the place we lived when we were young In a world of magnets and miracles Our thoughts strayed constantly and without boundary The ringing of the division bell had begun  - Pink Floyd, High Hopes “I love discordancy. It makes people ill at ease and wakes up a part of their brain that’s normally asleep.” - John Lydon, aka Johnny Rotten vocalist for Public Image Ltd. and ex-Sex Pistols Yes, the ‘Division Bell” rang long ago, and yes, we have discordancy. We [Read more]

Canadian Natural Resources Column Energy East

We need more than capital – to be competitive, Canada needs to clean up oppressive legislation like these examples

May 28, 20255:30 AM Terry Etam0 Comments

It’s springtime in Calgary, which, after the mud grey/brown of spring, brings a spectacular colour palette. At the top, long days bring the deepest blue skies, which fade into a rich horizontal array of the baby green enthusiasm of new leaves, which in turn meet an eye-level dazzling array of bright orange traffic cones as the city shuts down every other street for some sort of repairs or excavations; and as three lanes merge to one you sit interminably on the pavement then crawl at walking [Read more]

Column Enbridge

Weekly Word Wandering: Spain’s uncomfortable truth can’t be ignored; Manitoba enthusiastically backs interprovincial corridors; US LNG juggernaut keeps growing; some very cool auto hybrid tech

May 15, 20257:00 AM Terry Etam0 Comments

Engaging Articles of the Week Spain Explained: Last week, Spain experienced a sudden and prolonged power outage. It was no trifling, localized event; much of the country’s power grid failed, within 30 seconds. Much of the country was without power for more than 12 hours. Why did it happen? The actual trigger was a bit complex, and at the time not well understood, though mainstream media, while as in-the-dark as anyone, rushed to the conclusion we just somehow knew they would: We don't know [Read more]

Column LNG

Weekly Word Wandering: What Carney might have said to Trump instead, cheap drones vs. expensive planes, Diamondback sets things straight, and more

May 8, 20256:35 AM Terry Etam0 Comments

What Mark Carney should have said to Donald Trump As a preamble to offering advice, we need to keep in mind that Carney was in the lion’s den, surrounded by lions just waiting for him to contradict Trump in any way, the threat of Zelensky 2.0 hanging tangibly in the air. Trump laid a dozen land mines that largely paralyzed Carney, who to his credit didn't step on one. Nevertheless, it could have been done much better, as in: “Mr. President, thank you for the invitation to meet in this [Read more]

Column

Economic heroes: a path to prosperity, or really big explosions

May 6, 20256:50 AM Terry Etam0 Comments

Some time ago, fresh out of business school and full of the enthusiasm and joyous cluelessness of youth, I hung a picture of Alan Greenspan on my wall. Admittedly, it was a 2-inch square IKEA frame with a photocopied portrait, but I did mention I was just of school did I not. Also, I was aware that it was kind of insane. But hear me out. I was an enthusiastic free marketeer - growing up in a deathly stifling then-socialist Sask would do that to you - and Greenspan was the perfect candidate to [Read more]

Column

Election 2025: The Great Canadian CFIT

April 29, 20256:59 AM Terry Etam0 Comments

Post election, what does it all mean? Good question. I decided to try to answer the question by running it through TerryAI, the one I carry around on my shoulders. Totally proprietary, fed by the most insane info flow you could imagine. Which guarantees unique results. Some may find them odd or offensive, but rest assured, TerryAI could not care less. Q: What does this election result mean for Canada? A: Aviation circles are familiar with the term CFIT, or Controlled Flight into Terrain. A [Read more]

Carbon Tax Column LNG

Weekly Word Wandering: Greenland kicks the bear; firsthand frustration at reshoring; and waterborne propane exports grow big under the radar

April 17, 20256:45 AM Terry Etam0 Comments

Engaging Articles of the Week I guess living in Greenland toughens you up, seriously…as the smoke starts to clear on the ultimate objectives of the US’ tariff blitz, and not implying clarity of any kind but a bit of an objective coming into focus, it seems that the overarching goal may have been to force nations to choose between having the US as a major trading partner, or China. At the same time, the US is making no bones about its need to gain security around the North American continent, [Read more]

Column

Weekly Word Wandering: Trump is actually following a publicly available game plan, er, sort of; In the sanest news of the week, researchers teach rats to drive tiny cars

April 10, 20256:29 AM Terry Etam0 Comments

Engaging Articles of the Week My reading list, and my fuse, are both quite short this week due to an irritating cold and an even more irritating public discourse arena. Get a grip people. But anyway here are two standouts that you may absorb as you wish, both equally relevant in my eyes. People are, not unreasonably, dumbfounded by Trump’s current actions and strategies. It’s almost funny, the range of reactions…the Trump Devotion Syndrome people are almost rapturously speechless [Read more]

Column

Triangulating tariffs: Keep calm, read on

April 8, 20256:30 AM Terry Etam0 Comments

These are tough days for us that loathe politics, and loathe discussing them even more. How to empty a coffee shop. Oh, please, tell us how angry you are. Dying to know. Hmm, how odd, no one seems to be changing their minds even when someone goes to the bother of pointing out how stupid they are. Better try more decibels. And the nasty memes! Well done. KO’ed that guy! Look at you, ripping through the doom-scroll like Conan with a broadsword. I’ve been drawn into that crap before, and not [Read more]

Column

Weekly Word Wandering: Alberta electricity prices crash; no turbines for you!; a monster new natural gas power plant in PA; Tesla’s weird journey from climate icon to Nazi death trap; and The Tariffs stare down the world’s remotest island

April 3, 20257:20 AM Terry Etam0 Comments

Engaging articles of the Week AESO, the Alberta Electric System Operator, released their 2024 annual report in March, full of interesting statistics. No really. Particularly if you recall getting stung by sky high power bills such as December 2022, when power prices averaged $330/MWh ($0.33/KWh, in electricity bill speak). What’s happened to power prices since then is pretty incredible, in an inflationary world – power prices have crashed. In 2022, the annual daily average pool price was [Read more]

Column

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