Posted October 12, 2018 10:53:59 The Canadian oil industry is one of the most productive in the world.
Its growth has been fuelled by the rapid expansion of production capacity, and the continued use of technologies that have not been fully understood.
Many factors contribute to the oil industry’s high productivity.
But some of the reasons are also political, economic and social.
It is not the first time the country has been rocked by the global oil glut, and it is unlikely to be the last.
Canada is one country in which the global economic crisis is not only real, but also acute.
Canada’s production was around 1.7 million barrels a day in 2017, but has declined to 1.3 million barrels in 2018.
This is because the world’s supply of oil has become more expensive, and that means demand for oil is falling.
In other words, supply is drying up, and prices are going up.
Canada and the rest of the world have to work harder and longer to maintain a balanced economic situation, and we have to do it with less oil.
Source: The Globe and Mail article