The GDP Payoff of Additional Oil Pipeline Capacity
A report with Studio.Energy: Expanding Canada’s oil pipeline capacity could add $30B+ to annual real GDP and create 110,000+ jobs.
The Twenty-Four Seven by ATB
Welcome to The Twenty-Four Seven. With a fresh new look, The Twenty-Four Seven delivers the analyses, insights and news you’ve come to expect from our team of economic experts.
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Chart of the Week
Chart of the Week: Pressure at the pumps
Gasoline prices have surged. A key driver is the price of crude oil, which has jumped since the war in Iran started. But it’s more than just oil. The market for gasoline is also tight. Indeed, the “crack spread”—the difference between the market price of refined petroleum products—like gasoline, diesel fuel, and jet fuel—and the price of a barrel of oil has widened.
Summer driving demand and low inventory levels, coupled with unplanned refinery slowdowns and early preparations for autumn turnaround maintenance, have kept North American crack spreads elevated above historic seasonal norms.
Diesel prices have seen even larger gains, raising input costs for farmers.
In Canada, the federal government announced it will keep its 10 cents/litre gasoline tax holiday in place until January 31, 2027 (4 cents/litre for diesel and aviation fuel). This has helped, but not enough to offset pressure from oil and crack spreads as shown in our Chart of the Week.
Economic Insights Focused on Alberta's Economy
ATB’s team of economists make sense of the latest data and trends in daily insights delivered right to your inbox.
THE TWENTY-FOUR (daily)
Retail sales, the unemployment rate, population growth, inflation, international trade—these are just a few of the economic trends the team makes sense of in ATB’s daily insights.
Beating strong
Alberta’s Industrial Heartland
All that glitters
Gold has been caught between short-term and long-term catalysts, resulting in safe-haven behaviour that defies expectations
Back and forth
As Canadian counter-tariffs come into effect, impacts can be expected to be felt in the broader economy, as well as by businesses and consumers
THE SEVEN (weekly)
A review of the key economic highlights of the week impacting Alberta.
The Seven, September 4, 2026
Holding on, or moving on?
The Seven, August 28, 2026
Re-entering scenario land
The Seven, August 21, 2026
Slipping into the future
Meet ATB's Economics team
