Why do Canada’s provinces gamble on the oil markets?

Provincial governments need to be sober, disciplined, realistic and do whatever they can to not lose money for their citizens

Why do Canada’s provinces gamble on the oil markets?While crude oil’s startling and unprecedented recent price plunge into negative territory was notable, it didn’t mean that producers were actually paying others to take oil off their hands. It did point to major problems the industry faces, however. In the short term, the foremost issue is weak demand. And it raised a significant problem…

Oil-rich Saudis squeezed by Trump

Current oil production cuts can’t continue for long or the Saudis, and others, won’t balance their budgets

Oil-rich Saudis squeezed by TrumpThe U.S. is putting extreme pressure on the major oil producers, Saudi Arabia in particular, to cut output, firm up crude markets and ensure the continuity of the U.S. shale revolution. But on the other hand, the administration of United States President Donald Trump doesn’t want oil prices to go much higher. In an election…

NFL all talk no action until Kaepernick signed

NFL all talk no action until Kaepernick signedAll of a sudden, the National Football League tells us it’s seen the light. The league’s leaders tell us their draconian reaction to players kneeling during the U.S. national anthem in protest of police brutality and social injustice was all wrong. That they’re very sorry. NFL commissioner Roger Goodell even appears to be trying to…

Floyd Patterson: the boxer who came back

Written off as a hopeless case, he brought a ruthless, coiled fury to the ring, taking back the world championship

Floyd Patterson: the boxer who came backOn June 20, 1960, 25-year-old Floyd Patterson did something that hadn’t been done before. He became the first man to ever regain the world heavyweight boxing championship. Others had tried – including legendary figures like Jack Dempsey and Joe Louis – but none had succeeded. Conventional wisdom speculated that perhaps it couldn’t be done. Although…

Do we choose chaos or community?

It takes true courage to hear another person’s point of view, admit we were wrong, shift our beliefs and move forward

Do we choose chaos or community?One of the most important qualities of a good leader is the ability to listen. It’s very easy to jump on a bandwagon and it’s easy to jump to conclusions. It takes true courage to hear another person’s point of view, admit we were wrong, shift our beliefs and move forward. To be honest, my…

Oil market finally showing signs of life again

President Donald Trump’s efforts at salvaging the United States shale oil sector seem to be paying off

Oil market finally showing signs of life againSaudi Arabia, Russia and their allies have opted to roll over crude oil output cuts for another month – until the end of July. Markets have somewhat firmed up. Oil prices have inched up. And President Donald Trump’s efforts at salvaging the United States shale oil sector seem to be paying off. The U.S. president…

Why the stock markets will crash

We have yet to see the damage done to corporate balance sheets. And many consumers will constrain their spending

Why the stock markets will crashOur puppy Winnie died last week. If I was a betting man, I would have said Winnie would have lived to the ripe old age of 12 years old, which is the average life expectancy for a bichon frise. That, however, didn’t come to pass. Winnie was mischievous and playful, and in the end that…

Resisting the chaos in search of peace

Just as in his reality show, Trump’s need to crush opponents and win at all costs leads to chaos. History shows us how to defeat him

Resisting the chaos in search of peaceI admit Donald Trump is a lot smarter than I thought he was. In fact, he’s quite cunning. I also once thought that the U.S. president was very unpredictable. I just couldn’t make sense of what he was doing. The guile of Trump came into clear focus in a statement by Michael Nutter, the former…

Sports world needs to help lead the way to equality

Anger and deep frustration over racism are appropriate responses. Setting fires, breaking windows and looting aren’t

Sports world needs to help lead the way to equalityAmerica is clearly broken. We Americans have struggled from the beginning of the nation to live up to our ideals. From our Pledge of Allegiance: “… with liberty and justice for all. …” From our Declaration of Independence: “We hold these truths to be self-evident, that all men are created equal. …” From our Constitution:…

We all need the moral courage to confront racism

We need to acknowledge the impact of racist myths. There is no good or bad race of people, there are just people

We all need the moral courage to confront racismA video is circulating on social media of a white woman in New York City calling 911 to report being threatened by “an African American man.” The truth is that the woman was allowing her dog to wander in a bird-watching section of Central Park and the man asked her to put her dog on…
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