February 2024
2024 Forecast and Review
Prices and governmental policies combine to stymie Canadian upstream growth
At one point, 2024 was shaping up to be the Canadian oil patch鈥檚 big comeback year. But price volatility and a federal government that singles out fossil fuels in its climate crusade have plunged the industry into greater uncertainty and dimmed hope that Canada might again step to the international hydrocarbons forefront.