Canadian Crude Oil, Natural Gas, and NGL Businesses In a Low Price World

摘要

The development of unconventional hydrocarbon resources has dominated the petroleum industry in Canada in recent years. From oil sands to tight oil to shale gas, Canada has become a world leader in responsible and cost effective development of our resources. We pat ourselves on the back for a job well done and the rest of the world says, "So what?" Supply is not an issue. The world has lots. If you can't get it to market, it might as well not exist. The sad truth is that if we don't develop new markets, the Canadian petroleum industry will wither and decline to just supplying a portion of our own domestic demand. Lack of market access is a chronic disease that is slowly killing our industry.