covidNationalNewsOil & Gas

Blanchet and May say the oilpatch is ‘dead’ and “never coming back”

Source: John Paul Tasker, cbc.ca, May 07, 2020

Trudeau has promised financial aid for Alberta’s oil and gas industry.

Canada’s oil and gas sector is on the ropes as COVID-19 crushes demand and a global price war pushes domestic companies to the brink of bankruptcy — but two opposition leaders say Ottawa should simply let part of the industry wither and die.

The Green Party’s parliamentary leader Elizabeth May says governments around the world should use the pandemic, and the resulting economic fallout, as an opportunity to reorganize the energy mix and find other jobs for Albertans working in the sector.

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