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1. www.gov.nl.ca › fin › filesBuilding for Our Future - Government of Newfoundland and Labrador

   www.gov.nl.ca › fin › files

   The Economy 2018 5 Consumer prices rose by 2.4% as gasoline and fuel oil prices put upward pressure on the overall price level. Employment fell by 3.7% to average 224,100, reflecting lower construction activity on several major projects. The unemployment rate averaged 14.8%, an increase of 1.4 percentage points compared to

2. www.gov.nl.ca › fin › brent-crude-trackingOil Prices – Budget Assumptions vs. Daily Brent Spot Prices

   www.gov.nl.ca › fin › brent-crude-tracking

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   Budget assumptions versus daily Brent spot prices and year-to-date (YTD) averages Fiscal Year 2022-23 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17...

3. www.scotiabank.com › nlmidyearupdateNewfoundland and Labrador: 2018–19 Mid Newfoundland and ...

   www.scotiabank.com › nlmidyearupdate

   Source: Newfoundland and Labrador Finance. Calendar 2018 0 25 50 75 100 125 150 175 200 17 18 merchandise exports, index, 2010 =100 Iron Ore Mining Other Industries Newfoundland and Labrador Exports Sources: Scotiabank Economics, Industry Canada. Labour Stoppage: March - May FY18 Final Budget Update Total Revenue (mn) 7,280.1 7,673.4 7,803.6

4. iea.blob.core.windows.net › May_2018_OMROil Market Report - 2018

   iea.blob.core.windows.net › May_2018_OMR

   16 May 2018 HIGHLIGHTS • Global oil demand growth for 2018 has been revised slightly downwards from 1.5 mb/d to 1.4 mb/d. While recent data confirms strong growth in 1Q18 and the start of 2Q18, we expect a slowdown in 2H18 largely attributable to higher oil prices. World oil demand is expected to average 99.2 mb/d in 2018.

5. www.pub.nl.ca › PP_petroleumproductsBoard of Commissioners of Public Utilities

   www.pub.nl.ca › PP_petroleumproducts

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   117.08. Excluding Applicable Taxes. Propane. Base Zone. 101.9. Excluding Applicable Taxes. Current Maximum Pricing: Motor Fuel - Heating Fuel. Maximum Pricing All Zones. 2022-23 Petroleum Products Pricing Review.

6. energynl.ca › 07 › ITP_EconomistReport_FINALwebNewfoundland and Labrador Offshore Oil & Gas Industry ...

   energynl.ca › 07 › ITP_EconomistReport_FINALweb

   The purpose of this report is to show how the oil and gas industry impacts the Newfoundland and Labrador economy and how potential growth in output in the years ahead could benefit the province. Specifically, the report will address: • The current economic impact of the offshore oil industry on the Newfoundland and Labrador economy, including:

7. People also ask

   Does Newfoundland and Labrador's offshore oil and gas industry have economic impact?

   • This report evaluates the economic impact of Newfoundland and Labrador’s offshore oil and gas industry now and projects the potential increase in economic impact in the province and across the country if the Advance 2030 production targets are achieved.

   Newfoundland and Labrador Offshore Oil & Gas Industry: Economic Im…

   energynl.ca/wp-content/uploads/2020/07/ITP_EconomistReport_FINALweb.pdf

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   How much money does Newfoundland & Labrador make from offshore oil & gas?

   • In total, the Newfoundland and Labrador offshore oil and gas sector supported an estimated 34,206 jobs across the country, $2.75 billion in labour income, $2.05 billion in consumer spending and $2.1 billion worth of tax and royalty revenue for all levels of government.

   Newfoundland and Labrador Offshore Oil & Gas Industry: Economic Im…

   energynl.ca/wp-content/uploads/2020/07/ITP_EconomistReport_FINALweb.pdf

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   Does Newfoundland & Labrador produce oil?

   • Newfoundland and Labrador is also the only Atlantic Canada province currently producing oil. Until recently, all production in Atlantic Canada has been light oil, with similar characteristics to Brent crude oil which is produced offshore in the North Sea between the United Kingdom and Norway.

   Figure 1. Crude oil production trend for offshore Newfoundland and

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2020/market-snapshot-offshore-newfoundland-labrador-heavy-oil-production-helps-increase-total-crude-production-levels-last-seen-in-2009.html

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   How does oil and gas extraction affect Newfoundland and Labrador's GDP?

   • To put the impact into historical context, Figure 2 shows the GDP contribution from oil and gas extraction in Newfoundland and Labrador as a share of total provincial GDP per year since 1997. The GDP contribution surpassed 30 percent of the total in 2002 and remained in that range until 2012.

   Newfoundland and Labrador Offshore Oil & Gas Industry: Economic Im…

   energynl.ca/wp-content/uploads/2020/07/ITP_EconomistReport_FINALweb.pdf

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8. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Offshore Newfoundland and Labrador heavy oil ...

   www.cer-rec.gc.ca › en › data-analysis

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   Mar 11, 2020 · Heavy oil production from this project accounted for 43% of Newfoundland and Labrador’s production in 2019, up from 27% in 2018. Figure 1. Crude oil production trend for offshore Newfoundland and Labrador from 2010 to the end of 2019