Adam Waterman

Making oil in paradise on the prairie - Chairman @LakelandCollege - EDA Pres. @shannonstubbs - “Adam Waterman of Alberta" Rex Murphy, “A fossil" The Energy Mix

[Adam Waterman @OilmanAdam]

@RachelMoiselle

[Adam Waterman @OilmanAdam]

@RachelMoiselle It’s better a couple paragraphs later when he eloquently tells Mrs Bennett to be quiet and GTFO.

[Rory Johnston @Rory_Johnston]

I'm not an oil permabull.

I just have this weird character flaw where I can't help but be bullish whenever the Strait of Hormuz is closed.

I'm working on it.

[Institute for the Study of War @TheStudyofWar]

NEW: Multiple sources published what appears to be the text of the US-Iran agreement. Neither the United States nor Iran has officially published the text of the agreement at this time. The leaked text of the agreement, if accurate, indicates that Iran has emerged from the conflict in a stronger strategic position, however. ⬇️

The MoU reportedly grants Iran significant economic relief, which Iran would likely use to try to reconstitute its missile, drone, and nuclear programs, as well as the Axis of Resistance. The MoU states that Iran could receive further economic relief by fulfilling its commitments in the MoU and reaching a final agreement that addresses key nuclear issues. ISW-CTP has not observed any indications that Iranian decision-makers are willing to make concessions on the nuclear issues that would be included in a final agreement, however.

Iran will likely try to exploit the agreement’s seemingly ambiguous language about the Strait of Hormuz to try to enforce its control over shipping through the strait. The reported text of the agreement does not explicitly bar Iran from “managing” the strait, and Iran could therefore continue to insist on vessels using its illegal traffic separation scheme in Iranian territorial waters and paying “fees” to the IRGC Navy.

The Iranian regime is interpreting the clause in the agreement about a ceasefire “on all fronts” as a requirement for Israel to cease operations against Hezbollah and withdraw from Lebanon. This interpretation is part of a broader Iranian effort to preserve Hezbollah by trying to secure Israel’s capitulation in Lebanon.

The reported MoU terms indicate that Iran structured the agreement in a way to try to limit the United States’ ability to impose renewed pressure on Iran during the 60-day negotiations period and thereby make it more challenging for the United States to extract concessions from Iran during the negotiations.

Iranian officials and media are largely framing the US-Iran MoU as an Iranian victory that codifies Iran’s military achievements. The Iranian regime’s English-language media outlet, Press TV, argued on June 16 that the MoU is not simply a ceasefire, but rather represents the “political codification of a battlefield reality.”

[Fabrizio Romano @FabrizioRomano]

👑🇦🇷 The oldest and youngest goalscorer in Argentina history at the World Cup. Leo Messi.

[Romi Bean @Romi_Bean]

This Frenchman describing Buc-ee’s is the only thing you need today

(IG: Erosbrousson)

[Adam Waterman @OilmanAdam]

@TristinHopper It's got a Qaddafi-era Libyan feel.

[Adam Waterman @OilmanAdam]

@Tejanobrown They’re in the geo’s shack. But only between 1am-3am and you need to scream really loud to make them hand it over. Or so I’m told.

[Adam Waterman @OilmanAdam]

@cjenscook @Big_Orrin @gbrew24 @izakaminska Thanks for giving me a historical rabbit hole to fall down on a Sunday morning Mr Cook. Appreciate it.

[Adam Waterman @OilmanAdam]

@terencecorcoran 96

[Adam Waterman @OilmanAdam]

@KenBoessenkool @JeromyYYC I can't stop thinking that @JeromyYYC is Canada's @RoryStewartUK

[Heather Exner-Pirot @ExnerPirot]

I had the pleasure of introducing @cenovus CEO Jon McKenzie at the Global Energy Show today, and while the media has focused on his description of Pathways as "unfinanceable", his comments were more nuanced and the whole speech was a banger. My top 🔥 quotes from his speech: /1

[Adam Waterman @OilmanAdam]

@paulvieira @cselley Imagine an idea so reprehensible that FIFA backs away? Wouldn't have thought it possible but Olivia Chow found a way.

[Paul Xue @pxue]

Canadian founders in a nut shell

[Don Johnson @DonMiami3]

Anyone care? Or we'll just short the front end until the pumps are dry.

[Peter McCaffrey @peteremcc]

Mark Carney quotes:

"speeds not seen in generations" - April 2025
"speeds not seen in generations" - May 2025
"speeds not seen in generations" - June 2025
"speeds not seen in generations" - July 2025
"speeds not seen in generations" - August 2025
"speeds not seen in generations" - September 2025
"speeds not seen in generations" - October 2025
"speeds not seen in generations" - November 2025
"speeds not seen in generations" - December 2025
"speeds not seen in generations" - January 2026
"speeds not seen in generations" - February 2026
"speeds not seen in generations" - March 2026
"speeds not seen in generations" - April 2026
"speeds not seen in generations" - May 2026
"speeds not seen in generations" - June 2026

[Visual Capitalist @VisualCap]

Mapped: The World’s Crude Oil Trade Flows by Region 🛢️

https://t.co/82cG9UhpVp

[Adam Waterman @OilmanAdam]

NinePoint at LSE @ericnuttall
Pretty cool stuff.

[Lorrie Goldstein @sunlorrie]

EDITORIAL: Canadians are Alberta bound
No other province comes close to Alberta's success in attracting Canadians from other parts of the country.
By contrast, in Quebec, Ontario & 4 other provinces, net provincial out-migration surpasses net in-migration
https://t.co/mTVKbwXBmp

[Lucy Hargreaves @lucyhargreaves4]

every forecast had this quarter pegged as the rebound. ottawa projected +1.4%. rbc and td both said +1.7%. q4 was the dip, q1 was supposed to be the recovery.
we got roughly zero growth

yes, this is a technical recession but
the longer pattern is what really matters and what concerns me most

real gdp per person grew 0.6% in all of 2025. it fell in 2024. it fell in 2023.

we haven’t become richer per person in years, and it’s crazy to me that we keep acting surprised when our growth is stalled

we have fundamental productivity and investment problems that won’t fix themselves

I will sound like I’m beating a dead horse here, but worth repeating again… we know what we need to do to fix this:

1. make capital gains and corporate tax rates at least as good with the US, if not materially better. across all industries.

2. open up protected markets to competition (telecoms, finance, dairy, transportation etc)

3. rapidly reduce bureaucratic red tape and slow process across the board, not just for favoured projects or sectors

and finally, let’s all remind ourselves that we can just do things. every Canadian can be part of fixing this. we can collectively hustle - aim high

Canada can be the richest country in the world, if we choose to be