Global oil production faces massive annual declines just due to production curves, so Canadian oil will have a buyer well beyond 2036+ as the oil sands production is relatively constant.
Even if global oil demand has peaked, thats still 100+ million barrels per day that needs to come from somewhere, which may as well be Canada.
Edit: Annual production decline is about 6 million barrels/day annually without new projects, so this would just provide 1/6th of one year.
Last edited by puckedoff; 11-27-2025 at 01:57 PM.
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