Sunday, May 6, 2012

Global Oil Reserves in Flux

As state actors seize oil fields, nationals industries and generally meddle in the market, private sector oil & gas companies scramble to find new reserves in politically stable environments.  Canada is a likely winner in this scenario.

As major oil companies enter geologically promising but politically challenging jurisdictions to replenish their reserves, they face tremendous regulatory uncertainty. This instability presents the Canadian energy sector with a distinct advantage over emerging markets, as long the country can raise its own regulatory game.

Read the whole thing

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James L. Salmon, Esq.
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