Canada's entire "energy superpower" strategy hinges on high-priced oil, and a recent International Energy Agency report demonstrates that betting on high prices is risky. Canada should pin our future prosperity to the burgeoning renewables market, rather than doubling down on oil. It's the only choice we have for the sake of our environment. And it's the best path forward for our economy, too.
GENEVA - Large investors representing more than $20 trillion (€14.62 trillion) in assets urged governments on Wednesday to sign a binding treaty on ...
The IEA warned that unless OPEC could increase production by at least 1.5 million barrels a day, world oil demand is going to surpass available supply during the second half of the year. If there is not enough supply to match the global economy's consumption, world oil prices have only one direction to go.