With WTI oil prices over $90/B, Peter and Jackie update podcast listeners on the most recent oil market fundamentals. As a result of these higher prices, ARC has increased its estimates for Canadian industry revenue and cash flows.Finally, they discuss Jackie’s recent commentary “Turn out the lights and other lessons on electricity consumption.” This article was originally published for Let’s Talk Science and the Royal Society of Canada who have partnered to provide coverage on STEM programs and learning. To read other articles visit the “Let’s Talk Science” page at the Globe and Mail.To see the most current Western Canadian oil and gas drilling activity , view the ARC Energy Charts: Chart 35 is the Canadian gas drilling activity and Chart 37 is the oil drilling activity. The last page of the Energy Charts shows ARC’s estimates for Canadian industry metrics.Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/
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