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National Energy Board sees oil prices reaching $80/bbl by 2020

National Energy Board sees oil prices reaching $80/bbl by 2020

At a speech given at the Toronto Region Board of Trade, National Energy Board (NEB) Chair and CEO Peter Watson sees oil prices reaching US$80 per barrel by 2020 and US$105 per barrel in 2040. Total end-use energy demand in Canada is expected to increase by an average of 0.7% per year to 2040.

The NEB's Market Assessment Report is available on their website.

Alberta's NDP government leave royalty rates effectively unchanged

Alberta's NDP government leave royalty rates effectively unchanged

Pipeline approvals must now factor in upstream greenhouse gas emissions

Pipeline approvals must now factor in upstream greenhouse gas emissions

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