oil industry

11:35AM
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Trudeau government continues uneven treatment of energy sector

The carbon tax will increase costs in the petroleum manufacturing sector by 25 per cent.


2:42PM
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Oil isn’t dead – just look at the data

Global oil demand is expected to be around 90.8 million barrels a day in 2020.


7:30PM
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Trudeau government must produce plan to help one of Canada’s most important sectors

Canada’s energy sector employed (directly and indirectly) and supported more than 830,000 jobs.


3:38PM
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Capital investment in Canada’s oil and gas sector declined by an estimated 44 per cent from 2014 to 2017.


12:00PM
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One of the more persistent myths about prosperity is that it results purely from luck. Often, commentators credit the mere presence of oil, gas, potash and other natural resources for Western Canada’s recent (and presently fading) boom in investment, jobs and government revenues.


9:00AM
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With the price of oil plunging to below $50 per barrel and the outlook for Alberta’s economy and provincial budget revenues falling in tandem, an oft-heard piece of advice is being recycled: Alberta should diversify its economy.