If Canada were to make a priority of developing and exporting more oil and natural gas, it could displace half of Russia’s exports, says think tank SecondStreet.org. Russia is the source of about 14 percent of the world’s supply, according to the International Energy Agency (IEA).
“As long as the world requires oil and natural gas—and IEA estimates show this will be the case for decades to come—it’s better for consumers to rely on peaceful nations such as Canada to supply the resources,” says a new report by SecondStreet.org.
