Global energy demand is on the rise. Today, global demand for oil is approximately 100 million barrels a day. Canada produces about 4.6 million barrels a day.
Even with a rapid increase in renewable sources of power, the majority of the world’s energy needs will continue to be met by oil and natural gas for decades to come. It’s important that the oil and natural gas the world needs come from a nation that is a leader in terms of environmental performance, social progress, regulatory quality and rule of law. When comparing the top 10 exporters of crude oil in the world, Canada is a clear leader in all categories. Canadian oil and gas producers also lead when it comes to innovation, cleantech investment, and they are finding ways to lower emissions. What the world needs is more, not less, Canada.