This year has been a difficult one for Canada’s oil and gas workers, capital spending is down and there are concerns about next year too. In this episode we follow the Fiscal Pulse of the industry, to understand how money is made and spent, and to diagnose the reasons for less capital investment.
In this episode we reference three charts – the ARC Fiscal Pulse, shareholder dividends and buybacks, and the historical drilling rates – see these charts in our ARC commentary “The Fiscal Pulse of Canada’s Upstream Oil and Gas Industry.”
We also reference our weekly ARC Energy Charts publication that includes historical fiscal metrics for Canada’s oil and gas industry, see page nine of the October 28, 2019 ARC Energy Charts.
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