Canadian oil and gas producers 'looking through' market volatility: CAPP CEO
- The long-term demand outlook for Canadian oil and gas remains strong despite recent crude price declines, according to Lisa Baiton, CEO of the Canadian Association of Petroleum Producers .
- CAPP is advocating for a 'major policy reset' to facilitate the development of Canada's oil and gas resources, including the repeal of certain environmental regulations.
- Baiton emphasized that Canadian resources are crucial for economic and national security, stating, 'It's not just about current market volatility and today's economy'.
- The U.S. Will continue to be a key customer for Canadian energy despite trade tensions.
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Canadian Oil and Gas Producers ‘Looking Through’ Market Volatility: CAPP CEO
The long term demand outlook for Canadian oil and gas is strong despite the recent plunge in crude prices and market upheaval, said the head of the country’s biggest oil and gas advocacy group. “The entire planet is dealing with the current market volatility and certainly oil and gas is no exception to that,” Lisa Baiton, president and CEO of the Canadian Association of Petroleum Producers, said Tuesday. “But I would say generally speaking … we’…
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