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Articles on Gas prices

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A pumpjack draws out oil and gas from a well head near Calgary in October 2022. There are thousands of inactive oil and gas wells in the province that have not been properly decommissioned. THE CANADIAN PRESS/Jeff McIntosh

Despite soaring profits, oil companies are not paying enough for their environmental damage

The Alberta government is failing to ensure environmental liabilities are adequately accounted for and that progress is being made to address the province’s massive tailings ponds.
Gas prices are displayed at a gas station in Frankfurt, Germany. OPEC countries have decided to cut oil production by 2 million barrels per day in response to rising global interest rates. (AP Photo/Michael Probst)

Sanctions on Russia are increasing, not decreasing, its revenue

The impact of oil sanctions on Russia is limited compared to the severe repercussions they have on the global economy and other countries’ abilities to achieve energy security and transition.

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