Will Canada's Oil Boom Go Bust?

I suggested recently in this space that the Canadian petroleum industry is more politicized than at any time since the 1980 National Energy Program, although the politics are different. Then it was the fight between Pierre Trudeau’s Ottawa and Peter Lougheed’s Alberta over sharply higher prices. Now, it is the Harper government’s energy-superpower visions versus a transnational environmental movement that wants to block pipelines and kill the “dirty” oil sands.