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project-syndicate_logoIcon1OEF Rapid Review Articles

These are the key findings of this report on Canadian oil and energy:

1. Recent developments have highlighted numerous uncertainties for Canada’s long-term energy outlook.
2. In the Reference Case, energy production grows faster than energy use and net exports of energy increase.
3. The levels of future oil and natural gas production are highly dependent on future prices, which are subject to considerable uncertainty.
4. Without development of additional oil pipeline infrastructure, crude oil production grows less quickly but continues to grow at a moderate pace over the projection period.
5. The volume of liquefied natural gas exports is an important driver of Canadian natural gas production growth.
6. Total energy use in Canada, which includes energy use in the energy production sector, grows at similar rates in all Energy Future 2016 cases, and Greenhouse Gas emissions related to that energy use will follow similar tren

SOURCE: National Energy Board
National Energy Board
LINK TO THE SOURCE ARTICLE:
Canada’s Energy Future 2016: Energy Supply and Demand Projections to 2040

 

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LINK TO THE SOURCE ARTICLE :
Canada’s Energy Future 2016: Energy Supply and Demand Projections to 2040

 

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