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- Whether it was heating your home or filling up your vehicle, Canadians saw gas and oil prices soar to record highs last year. 2023 will not be much different, say experts. According to a new Deloitte report that forecasts oil and gas prices, Edmonton City Gate, a benchmark crude oil in Canada, is expected to sit at $101.35 per barrel.
globalnews.ca/news/9394060/gas-oil-price-forecast-2023/Canadians will see high oil, gas prices through 2023, experts ...
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- Illustration of the scenarios in EF2023. Description. Description: This figure provides an overview of the three core scenarios in EF2023, including a description of the pace of global climate action and climate action in Canada.
- End-use energy use, by fuel, all scenarios. Click to enlarge. Description. Description: These three stacked area charts show end-use energy use by fuel in each scenario.
- Electricity use by sector, Global Net-zero Scenario. Click to enlarge. Description. Description: This stacked area chart shows projected electricity demand in the Global Net-zero Scenario in the residential, commercial, industrial, transportation, and hydrogen sectors.
- Change in electricity generation from 2021 to 2050, by fuel, Global Net-zero Scenario. Click to enlarge. Description. Description: This column chart shows changes in electricity generation between 2021 and 2050 in the Global Net-zero Scenario, by technology.
- End-use energy intensity trends by end-use subsector, Global Net-zero scenario. Description: This line chart shows energy intensity trends by end-use subsector in the Global Net-zero scenario from 2021 to 2050 (indexed to 100).
- Kaya identity, or trends in key drivers of GHG emission levels, Global Net-zero scenario. Description: This line chart shows trends in the main drivers of greenhouse gas (GHG emissions), or Kaya identity in the Global Net-zero scenario.
- 2050 GHG emissions, Global Net-zero scenario. Description: Net zero GHG emissions by 2050 means that any remaining emissions across the economy are offset by an equal number of removals.
- Bioenergy demand by type and end-use sector, Global Net-zero scenario. Description: This stacked bar chart shows bioenergy demand in Canada’s four end-use sectors for the Global Net-zero scenario.
Feb 3, 2023 · Energy-General. Why Canadian Oil & Gas Will Remain Hot In 2023. By Alex Kimani - Feb 02, 2023, 6:00 PM CST. The ongoing energy boom has proven to be a rare boon for Canada’s...
- Alex Kimani
Jun 12, 2024 · Prices rose again in the third quarter of 2023. The average cost of an imported barrel was $109 6 in 2023, relative to $126 in 2022. Prior to its closure in 2020, the refinery in Come by Chance, Newfoundland and Labrador could process up to 130 Mb/d of crude oil.
Nov 24, 2023 · In the Canada Net-zero Scenario, CCUS is particularly important because production of oil and natural gas is higher due to higher global demand and oil and gas prices. We also project some electrification of conventional oil and natural gas production currently met by fossil fuels.
For the Global and Canada Net-zero scenarios, we adjust the IEA’s WEO2022 prices to align with key global price benchmarks used in the Canada’s Energy Future series: Brent, the primary global benchmark price for crude oil, and Henry Hub, a key North American benchmark price for natural gas.
