Download - Oil and Gas sector – Canada – November 2016
OIL AND GAS SECTOR – CANADA – NOVEMBER 2016BY: PAUL YOUNG, CPA, CGA
• This presentation will look at oil and natural gas trends for Canada
AGENDA
• Oil Rigs
• Oil Price per Barrel
• Merchandise Trade – October 2016
• Oil and Gas Transmission / October 2016
• Oil Refining
• Carbon Tax
OIL RIG COUNT / CANADA
Source – Baker Hughes
OIL PRICE / PER BARREL
Source - BMO
TRADE IMBALANCES BY MAJOR GROUP
OIL AND GAS TRANSMISSION
Source – Stats Canada
OIL AND GAS REFINING/ UNITED STATES
Source - https://www.eia.gov/dnav/pet/pet_pnp_unc_dcu_nus_m.htm
CARBON TAX / ONTARIO
Source - http://globalnews.ca/news/3140617/cost-of-cap-and-trade-for-ontario-consumers-beginning-jan-1-2017/
Carbon Tax• Carbon Tax will be
passed along in form of higher consumer prices
• Carbon Tax is subjected to HST/GST
• Companies will like show the carbon tax as surcharge
• Consumers will see higher prices for goods and services.