Canadian Energy Weekly Round-Up: June 1, 2020
Here are the top news stories covering Canada’s energy landscape:
Columnist: Energy Development Is Needed
Toronto Sun columnist Larry Goldstein issued a call for more oil and natural gas development to aid Canada’s recovery from the COVID-19 pandemic. As Canadians slowly begin to reengage in the marketplace, energy supply, and therefore energy infrastructure, needs to be ready to meet the anticipated demand, Goldstein argues.
“To recover from the recession as consumers return to the marketplace and businesses ramp up the production of goods and services, we will need reliable forms of energy, particularly those capable of delivering base load power to the electricity grid on demand.”
To ensure a steadfast recovery, Goldstein urges the Canadian government to prioritize using oil and natural gas to fill in the gaps of the anticipated demand. Using oil and natural gas, as opposed to some renewable sources of energy, allows for more energy security amongst consumers and is essential to keeping Canada’s economic recovery on track.
“What we can do during the post-COVID-19 recovery period to power the global economy, while lowering industrial greenhouse gas emissions linked to human-induced climate change, is to use fossil fuel and nuclear energy more efficiently.”
Grassroots Campaign to Support Canadian Energy
A grassroots campaign is calling upon Canadians to write letters to their respective members of parliament to support the Canadian oil and natural gas industry, arguably one of the industries that was hit the hardest from the COVID-19 pandemic and trading disputes.
The group, named Canada Strong And Proud, developed an online platform for Canadians to easily voice their support for the industry on their website. In the prescribed message to members of parliament, the group points to a recent poll that found Canadians overwhelmingly support the oil and natural gas industry:
“When it comes to the idea of federal assistance to the oil & gas sector, an Abacus poll found that supporters outnumber opponents by over two-to-one. In addition, a SecondStreet/Leger poll found 59% of Canadians believe that if we do not develop our oil & gas, other countries will just expand their production and do more harm to the environment. Only 28% disagreed.”
The letter also points to the important role oil and natural gas have played in combating the COVID-19 pandemic by being an essential component to personal protective equipment:
“Our oil and gas industry isn’t just about the economic recovery. Canadian oil & gas saves lives. For one example what is the Personal Protective Equipment made from, that our frontline workers use when fighting this pandemic? You guessed it: petroleum.”
For more Canadian energy news and setting the record straight on the day’s top stories about the oil and natural gas industry, visit Canadian Energy Network.