energy sector - oil and gas - canada and united states - analysis and commentary - october 2016
TRANSCRIPT
Energy Sector – Oil and Gas – Canada and United States – October 2016
Paul Young | Paul Young CPA, CGADate: December 2, 2016
Presentation DescriptionThis presentation will look at the oil and gas sector for
North America (Canada and United States)
Agenda Oil and Natural Price Oil Rigs United States Refinery United Stats Fuel production Canada Oil (Exports and Imports) Canada Oil and Gas Transmission
Oil and Natural Gas Price
Source - BMO Source - Scotiabank
Oil Rig – October 2016
Source – Baker Hughes
United States – Fuel Production
Source - https://www.eia.gov/outlooks/steo/report/us_oil.cfm
United States Refineries
Source - https://www.eia.gov/dnav/pet/pet_pnp_unc_dcu_nus_m.htm
Canada (Exports and Imports – Energy Sector)
Canada (Oil and Gas Distribution)
Source – Stats Canada
Canada (Oil and Gas Distribution)
Source – Stats Canada
Top Oil Exporting Countries
Comments:• Average Oil Sector Salary $130K/year• Oil sectors pay close to 50% in taxes• 52,000 less jobs
Comments:• Average service sector jobs pays 54K
year• Part-time jobs are growing faster
than full-time jobs in the service sector
• It takes two service sector jobs to make up the income lose by one oil sector job loss
Comments:• Signs are made with
petrochemicals (oil)• Clothes have to be
manufactured and delivered (oil)
• Cell phones (plastics)• How did these people get
to the protest (oil and gas) • Clean Technology requires
raw material (http://www.slideshare.net/paulyoungcga/clean-technology-raw-materials-and-commercialisation-canada-november-2016)