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RSS FeedsFeds pulled between bailing out oil and gas and moving to cleaner energy
(WorldNews Canada)

 
 

4 april 2020 14:55:22

 
Feds pulled between bailing out oil and gas and moving to cleaner energy
(WorldNews Canada)
 


OTTAWA — Canada’s oil producers could only sit and watch as the price of their product plummeted last month to less than what it costs to buy a litre of soda, hit by the double whammy of a COVID-19-induced drop in global demand and a production war between Russia and Saudi Arabia that flooded the market with more oil it didn’t need. Prime Minister Justin Trudeau said Friday his government is looking for a way to help. But it is also clear any aid package is being influenced by the push-pull the Liberals have long felt between one of Canada’s most influential economic sectors and an environment movement which sees this as Canada’s opportunity to move away from...


 
17 viewsCategory: General > North America > Canada
 
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