Industry Lens: Oil and Gas Extraction—May 2025

Industry Lens: Oil and Gas Extraction—May 2025

Industry Economic Analysis
12 min read

Author: Jake Lenarduzzi

$985.00

This report examines the short- and medium-term economic and profitability outlook for Canada’s oil and gas extraction industry.

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Refining the Road Ahead

The Canadian oil and gas industry continues to be a key pillar of the national economy, but the landscape is shifting rapidly. As Canada accelerates its transition toward cleaner energy, the industry is entering a period where adaptability and innovation will be critical for long-term success.

What is contributing to volatile and unpredictable pricing, and what are our predictions for the industry over the next few years? Beyond tariffs, what other challenges—current and emerging—does the industry face? Why is natural gas production positioned for growth?

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