Quote:
Originally Posted by Fuzzy14
Canada should have been in a position to step in and stand with our allies on the energy front.
20+years of Canadian energy policy/economic suicide has landed us in the position where we wouldn't be in a position to help for years and years to come, even if we jumped on it right now.
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NRCAN 2006 Reference Case
Projected 2020 oil production 3.7 mbpd
Actual 2020 oil production 4.5 mbpd
Projected 2020 natural gas production 5.3 TCF
Actual 2020 natural gas production 5.7 TCF
If the European are going to rely on LNG then expect them to use far less gas because LNG is far more expensive than pipeline gas.