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IHS Markit: small long-term change for Canadian oil sands despite COVID-19 Shock & largest annual production decline in 2020

  • Green Car Congress faviconGreen Car Congress

    By mmillikinJul 29, 2020, 5:00 am461 ptsHot
    photo of IHS Markit: small long-term change for Canadian oil sands despite COVID-19 Shock & largest annual production decline in… imageCanadian oil sands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. However, the longer-term trajectory of oil sands production is expected to change little compared to pre-pandemic projections, according to a new…
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