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113 oil and gas companies made the list in 2015 (down from 121 in 2014 / 98 in 2013 / 131 in 2012 / 126 in 2011 / 115 in 2010) 10 of which are Canadian (down from 12 in 2014 / 9 in 2013 / 13 in 2012 / 14 in 2011 / 8 in 2010). In 2014 Enbridge and TransCanada re-entered the list after a one-year absence; Pembina Pipeline is also a new addition.
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
Canada has access to all main sources of energy including oil and gas, coal, hydropower, biomass, solar, geothermal, wind, marine and nuclear.It is the world's second largest producer of uranium, [2] third largest producer of hydro-electricity, [3] fourth largest natural gas producer, and the fifth largest producer of crude oil. [4]
According to Canadian statistics, Canada accounted for 61% of U.S. crude oil imports in 2021, 98% of natural gas imports in 2020, 93% of electricity imports, and 28% of uranium purchases.
The Canadian Association of Petroleum Producers (CAPP), with its head office in Calgary, Alberta, is a lobby group that represents the upstream Canadian oil and natural gas industry. [1] CAPP's members produce "90% of Canada's natural gas and crude oil" [ 2 ] and "are an important part of a national industry with revenues of about $100 billion ...
In 1958, Canadian Pacific president Norris R. "Buck" Crump (1904–1989) undertook an aggressive diversification programme that resulted in the formation of Canadian Pacific Oil and Gas Limited. The new subsidiary, whose president was the English-born John McGuire Taylor (1917–1995), began exploring and developing oil and gas actively on its ...
Although gas prices, especially where they sit now, are often assumed to be a force of political influence, they are actually governed by economic drivers and basic laws of supply and demand. So ...
Guzzling Gas. Using data from the Department of Energy, Cheapism determined the average cost of a gallon of gas every year from 1940 through today. Despite constant ups and downs and the 2022 pain ...