Friday, October 22, 2021

Canada's Misunderstood Energy/Oil and Gas Sector and the (Worse) Options Available Without It

 "...In 2019, Canada’s $102 billion in energy exports represented 17 per cent of all Canada’s exports, one of the highest years on record. Both the International Energy Agency and U.S. Energy Information Agency project strong growth in oil and gas over the next decade, followed by a static supply and demand to 2050. Even static levels that high will still produce hundreds of billions in tax payments and require continued levels of investment as reservoirs dry up.

Should Canada, with the third-largest proven reserves in the world, and the largest by far of those open to independent producers, step aside to let Russia, Saudi Arabia, and other unjust regimes meet the steadily growing demand?..."

https://nationalpost.com/opinion/bill-bewick-lets-be-clear-canada-should-not-move-past-oil-and-gas


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