Oil is in focus today with equity research analyst Thomas Goldthorpe. This is a timely topic as the European Union recently agreed to cut their natural gas use to prepare for further supply cuts or even a full cut-off from Russia. Thomas also looks at what is happening closer to home and what role Canada could play in this. So what’s on the horizon for oil, gas, and renewables? A few highlights Thomas shares today include noting we are going to see demand rationing which generally requires higher prices, and this could create issues in both Canada and the U.S. Also, how wind, solar and nuclear energy comes into the discussion, and how ESG and carbon capture continues to be a big story.
Recorded on July 26, 2022.
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