CALGARY — The head of Canada’s biggest oil and gas advocacy group says companies are looking through the recent market upheaval and focusing on the long-term demand outlook.
Lisa Baiton, president and chief executive of the Canadian Association of Petroleum Producers, says the U.S. will always be a major customer for Canadian oil and gas.
She adds artificial intelligence data centre growth is likely to drive global hunger for energy well into the future.
West Texas Intermediate crude prices have lost about US$10 over the last week to hover around US$60 a barrel after U.S. President Donald Trump unleashed a new wave of tariffs and the Organization of Petroleum
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