Quote:
Originally Posted by DiracSpike
If only every "environmentalist" in this country was as smart and as pragmatic as this guy.
Demand for hydrocarbons will proceed decades into the future. Even if you accept the most bearish forecast of oil demand peaking 10 years from now, natural gas will keep growing for many years after that and Alberta has a facktonne of that too. People who keep saying "the world has changed" I think just like saying it to sound profound but fundamentally, when it comes to energy demand, nothing has changed. Demand will increase for years and then stay steady, according to every forecast ever. Maybe some crazy scalable cold fusion technology gets invented in 10 years that completely upends the world energy supply, then the whole "world changed" mantra would actually apply. But for right now, for what we know, with electrical grids straining under demand right now without heavy EV penetration, and with billions of people in asia and africa making the climb out of poverty, oil and gas will stay in heavy demand. Once we have TMX KXL and coastal gas linking us to the world market, we will help meet that demand.
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Not arguing your point about demand now or in the future, but with such a hot demand, why is Canada's industry struggling so much right now?