Eric Nuttall: Stop dithering, Canada, and give the world what it wants — more natural gas

The resulting impact on the cost of producing electricity is massive: French one-year electricity forward contracts last week traded at 1,000 euros per megawatt, up a staggering 22 times from its 2010-2020 average of only 45 euros.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Canada is an energy powerhouse with the ability to satisfy much of the world’s growing energy needs for decades to come. We are blessed with an abundance of oil and natural gas, both produced to the highest environmental standards anywhere in the world. Furthermore, the energy sector is a massive contributor to the Canadian economy, providing extremely well-paying jobs that directly and indirectly are responsible for as much as 15 per cent of Canada’s GDP.

With such enormous energy riches in a world literally begging for us to produce them, it is enormously frustrating to see us not take full advantage.Article content Canada is the world’s fifth-largest natural gas producer and when accounting for unbooked reserves in our Montney natural gas play, it has many decades of remaining inventory.

Because everything is fine!

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eric Nuttall: Stop dithering, Canada, and give the world what it wants — more natural gasCanada is an energy powerhouse with the ability to satisfy much of the world’s growing energy needs, writes Eric Nuttall. Read more
Source: fpinvesting - 🏆 43. / 63 Read more »

Eric Nuttall: Stop dithering, Canada, and give the world what it wants — more natural gasCanada is an energy powerhouse with the ability to satisfy much of the world’s growing energy needs, writes Eric Nuttall. Read more
Source: VancouverSun - 🏆 49. / 61 Read more »

Eric Nuttall: Canada needs to stop dithering and give the world what it wants — more natural gasCanada is an energy powerhouse with the ability to satisfy much of the world’s growing energy needs, writes Eric Nuttall. Read more Eric Nuttall Said it plain as day. Our leadership has dropped the ball. Sure, how does that play out in the Vote-Rich 905? JustinTrudeau Germany eu EnergyCrisis
Source: financialpost - 🏆 7. / 85 Read more »

Volkswagen says Canada will be 'strong pillar' in North American battery supply chainVolkswagen is stepping into the Canadian battery materials sector as it re-evaluates its relationship with Canada and works to localize its North American supply chain amid the shift to electric vehicles.
Source: AutoNewsCanada - 🏆 77. / 51 Read more »