Given the amount of bad press the oil sands get, this could come as a shocker.
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The bad news for oil consumers is that global demand has been growing at 1.5% a year over the past five years, while production capacity has been inching ahead at 0.2%.
Transgenic salmon will be as bad as the largest oil spill in U.S. history?
That doesn't mean that we haven't had some bad effects or bad results from some oil and gas operations.
There are a couple groups for whom rising oil prices haven't been all bad: roustabouts and service unit operators in the oil and gas industry.
Anyone who loves to cook or eat will love getting really good olive oil, and I have two great gift suggestions that address all of these issues with bad, fake or stale olive oil.
Are low prices for things like oil and homes bad or are they somehow a blessing?
Without it, the energy boom will flow out of our leaky grid like oil from a bad cement-job.
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As tar balls floated ashore onto the Panhandle's white sands during the weekend, some anglers blamed their bad fishing luck on the oil.
Futures contracts have already shown that it will be a good quarter for companies with greater exposures to oil, and bad for those with more natural gas in their portfolios.
Monopolies like Standard Oil and DuPont looked bad: they looked greedy and ruthless and, in the case of DuPont, which made munitions, sinister.
The reserve is supposed to kick in when bad weather disrupts the delivery of oil, which in New England travels by barge and truck instead of pipelines.
It some regards, it might even make it worse as oil price rises are bad for India, and a weaker dollar is seen as a negative for Brazil.
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So I can sum up my tasting notes quite simply: it has a uniquely thick texture, unctuous and almost oily, but not in a bad way, in a citrus oil way.
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The other bad news for Arab states is that oil shocks aren't what they used to be.
Other westerners also hold back, fearing the bad publicity that forced Talisman, a Canadian oil firm, to quit a few years ago.
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For investors, it would be bad news for shareholders of TransCanada Corp. and oil sands companies.
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Customers aren't sure where the markets are going, and they shouldn't feel so bad because people who make their living trading the oil markets don't know where the market is going.
"Euro plumbs new depths as oil prices soar to new heights: bad news for Europe, " says a commentary in Turin's La Stampa of the European single currency's new record low against the dollar.
The list of bad federal policy decisions creating unintended consequences in the domestic oil and gas industry goes on and on.
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So the Russian state's insistence on developing its oil and gas by itself is not just bad news for the shareholders of Shell, Mitsubishi and Mitsui.
Oil sands observers think Total wants Fort Hills bad enough that it will pay up to buy out both UTS' and Teck Cominco's stakes in order to partner with Petro-Canada one-on-one.
The schism comes at a bad time for the still-fragile (and still-oil-addicted) global economy.
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It is also bad news for ordinary Russians, who will not see as much oil wealth as they otherwise might.
The bad news is that the United States imports roughly twice as much oil as it did in 1984 (about eight vs. four mbd, respectively).
In the years following this bad bet, the investor has dramatically pared back his stake in oil producers, most recently closing out his Exxon Mobil (XOM) position entirely.
Given that water could well become the oil of the 21st century, that's not a bad idea at all.
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