Containerflation, Shrinkflation, Skimpflation and DIYflation : Uncovered
Economy / Food / The Wedge

Containerflation, Shrinkflation, Skimpflation and DIYflation : Uncovered

By TheWedge.LIVE “Why are you charging 15 cents for paper bags if plastic bags are the enemy?” asked a customer of the cashier. Eye-rolling followed in quiet agreement. Apparently a lot of customers are asking the same redundant question. “You can buy this reusable synthetic bag made from oil for $1.79,” the clerk followed as … Continue reading

Impossibility : Living Without Oil
Alberta / Economy / Oil and Gas / The Wedge

Impossibility : Living Without Oil

By TheWedge.LIVE : SHORTS From the early days when oil gushed up from the bowels of the earth, geologists have pondered its eventual depletion; yet, this miraculous liquid continues to be harvested worldwide and supply the demand. Theorists have prognosticated its limits expecting the world to reach “peak oil.” Yet, new methods beyond conventional drilling, … Continue reading

“Nobody’s Downtown,” Calgary Oil Executives Talk
Alberta / Calgary / Economy / Oil and Gas / The Wedge

“Nobody’s Downtown,” Calgary Oil Executives Talk

By theWedge.LIVE We were the fly-on-the-wall today, listening to an authentic talk between three oil executives. You can hear it too. Today, oil hit $6 per barrel. That’s 30 minutes ago from this writer’s first words. Oil may come back to $20 in the foreseeable future. But no oil producer can survive at this price. … Continue reading