This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.
An actual recovery is going to need resources and environmental progress too.
- In 2019, Canada exported $96.2 billion worth of oil and natural gas. Getting rid of our main source of foreign exchange would challenge a recovery.
- The oil and gas industry also drives income equality. The median hourly wage for an oil and gas worker is $37.50.
- 50% of an electric vehicle is made from plastic. Canada produces nearly 4,667 kilotonnes of plastic per year from petrochemicals with the highest ESG standards in the world.
Here are some stories that get it right, or mostly right.
The impact on the economy due to COVID has been substantial. Record unemployment and record debt. The Canadian Association of Petroleum Producers echoes what many groups are saying. Oil and gas need to be a part of Canada’s recovery. It supports over 500,000 jobs. Brings in $8 billion in taxes per year. Billions are spent across Canada on goods and services for the industry, stimulating the economy from coast to coast.