Thursday, July 31, 2025
Drillers in Canada shift to natural gas as trade war drives down oil prices- oil and gas 360

Drillers in Canada shift to natural gas as trade war drives down oil prices

(World Oil) – Drillers in Canada’s energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ plan to increase output hammer crude prices. The number of licenses for new gas wells issued in the first quarter rose 26% from the previous quarter to 308, the highest quarterly total in two years,