Related Articles
Forward article link
Share PDF with colleagues

Ethical oil and Opec

Power in global oil markets doesn't rest in Ottawa or Calgary, but in Riyadh and Vienna – the headquarters of Opec

MOST people know what "fair-trade" coffee is and why its supporters say it can help exploited producers of one of the world's crucial commodities. But how about "ethical oil"? It's a concept doing the rounds now in Alberta, thanks to a book with that title by the relentless controversialist, Ezra Levant. The book is a polemical defence of the oil sands – and an attack on their opponents – that says bitumen from Alberta is the "ethical" alternative to oil sourced from corrupt, repressive, violent, "socialist", "Fascist", or otherwise downright nasty producers elsewhere in the world. Levant reserves particular scorn for Opec and its members. Americans will fill their cars with a petroleum prod

Also in this section
As good as it gets for Opec
20 March 2017
Compliance with the Opec deal is defying the group's sceptics. How long can it last?
Bank the cash
15 March 2017
Opec can make or break whole economies. But its news is also a big deal for part-time day traders
Oil on troubled waters in Europe
6 March 2017
Demand has perked up. But politics will weigh on consumers in 2017