My latest update on oil

2. • CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

8. USA Oil Production -
https://www.reuters.com
/article/usa-rigs-baker-
hughes/u-s-drillers-add-
oil-and-gas-rigs-for-
seventh-week-in-a-row-
baker-hughes-
idINL2N2WY1AB

10. CPI - USA - April
2022.pdf

11. U.S. CPI The Core Is
No Bore.pdf

12. Source -
https://economics.bmo.com/en/publications/detail/d
0fee10a-93f7-4a89-957e-6e235056f623/
Source – BMO - https://economics.bmo.com/en/publications/detail/f3043170-c659-
40f3-b37f-14ca75272422/
Canadian Inflation
Six-point-Seven Degrees of Separation.pdf
U.S. CPI The Core Is
No Bore.pdf

13. • Petrochemical investments –
• UAE - https://www.bnnbloomberg.ca/abu-dhabi-s-adnoc-forms-venture-for-petrochemical-investment-1.1469040
• Alberta / Petrochemicals - https://fortsaskonline.com/local/new-provincial-program-aims-to-bring-in-more-petrochemical-projects
• Petrochemicals / Sarnia - https://www.canadianenergycentre.ca/petrochemical-project-a-godsend-for-small-ontario-business/
• COVID19 Delays - https://cen.acs.org/business/petrochemicals/Pandemic-delays-big-US-petrochemical/98/i28

14. https://www.forbes.com/sites/llewellynking/2021/1
2/04/qatar-sees-green-role-for-lng-as-world-gasps-
for-more-energy/?sh=39b750f06660
Natural gas is about 10% of the power generation in
Canada. Wind and Solar cannot handle the volume
that natural gas provides in generation capacity.
USA is one of the largest exporters of Natural Gas -
https://www.reuters.com/business/energy/cheniere
-completes-new-sabine-pass-lng-export-unit-
louisiana-2022-02-07/
USA gets cheap Canadian natural gas as they are
largest consumer of Natural Gas -
https://www.eia.gov/todayinenergy/detail.php?id=3
4172 and
https://www.canadianenergycentre.ca/missing-out-
natural-gas-and-canadas-exports/

20. Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics

22. https://www.prnewswire.com/news-releases/ibm-acquires-envizi-to-help-organizations-accelerate-sustainability-
initiatives-and-achieve-environmental-goals-301458256.html
Here is my initial look at IBM options with Envizi. More to come shortly as it relates to Envizi’s ESG solution.
Excel interface
https://knowledgebase.envizi.com/home/How-to-get-data-in-Excel-using-Envizi-API.2495529494.html
Integration with Maximo - https://www.prnewswire.com/news-releases/ibm-acquires-envizi-to-help-organizations-
accelerate-sustainability-initiatives-and-achieve-environmental-goals-301458256.html
This ties nicely with my work on Maximo and Cognos Analytics -
https://ibm.box.com/s/ow662tdpto1c1p6d9u2waqxwli40x0la
Here is an additional link on close, consolidate, and reporting -
https://ibm.box.com/s/i7efp948qvb5l8bt96y8sigsup8yes2u
ESG Reporting - https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce

24. Source - https://www.canadianmanufacturing.com/sustainability/fossil-fuels-
declining-but-still-big-in-canadas-energy-use-by-2050-report-264178/

25. Source - https://epi.yale.edu/downloads or https://www.ig.com/en/trading-
strategies/world-s-biggest-oil-producers-200722

26. Source - https://www.slideshare.net/paulyoungcga/corporate-tax-vs-direct-subsidies,
https://www.wallstreetmojo.com/income-tax-expense/
2020 - Suncor FS.pdf

27. Blog – What is happening with the Energy Sector (Oil and Gas)
OPEC - https://www.ogj.com/general-interest/economics-markets/article/14276091/opec-to-increase-
output-by-432000-bd-in-june
USA Oil Production - https://www.reuters.com/article/usa-rigs-baker-hughes/u-s-drillers-add-oil-and-
gas-rigs-for-seventh-week-in-a-row-baker-hughes-idINL2N2WY1AB
Summary:
USA oil imports grew in March 2022. Oil imports from Middle east are up over 100% since Biden took
office.
Canada oil rigs hit a low level in April 2022
Canada energy policies are handcuffing LNG and Oil projects
OPEC+ to increase
output by 432,000 b_d in June Oil & Gas Journal.pdf
U.S. drillers add oil
and gas rigs for seventh week in a row -Baker Hughes Reuters.pdf
Hydrogen and
Climate change.pdf
Canada’s problems
getting LNG to a thirsty world are allowing U.S. competitors to thrive - The Globe and Mail.p
US needs better
policies to reduce oil price surge, American Gas Association president
Europe’s Quest to
Replace Russian Gas Faces Plenty of Hurdles - Th
U.S. Natural Gas
Prices Could Soon Hit $10 OilPrice.com.pdf
Circuit Breaker
Exporting oil and gas does not create energy independence, electrification does. — Rewiring America.pdf
Global
Petrochemicals Capacity and Capital Expenditure Outlook Report 2021-2030 IQ Stock Market.pdf
Is there more to Fed
policy than taming high inflation .pdf
Ontario connects
manufacturing with critical minerals to develop EVs - Plant.caPlant.ca.pd
Enough raw metals
to produce 14m electric cars, study shows.pdf
Free Article Limit
Reached - The Northern Miner.pdf
Climate Change Is
Straining California’s Energy System, Officials Say - The New York Times.pdf
1. Hydrogen - https://www.rechargenews.com/energy-transition/hydrogen-blending-in-gas-grid-
would-lead-to-limited-co2-benefits-and-a-large-increase-in-energy-costs-irena/2-1-1213821
2. Natural gas https://www.theglobeandmail.com/business/article-lng-canada-natural-gas-project/
3. Energy Prices - https://www.foxbusiness.com/politics/us-policies-oil-gas-price-surge
4. EMEA - https://www.nytimes.com/2022/05/05/business/energy-environment/natural-gas-
europe-russia-ukraine.html
5. Natural gas - https://oilprice.com/Latest-Energy-News/World-News/US-Natural-Gas-Prices-
Could-Soon-Hit-10.html
6. Oil - https://www.rewiringamerica.org/circuit-breakers-energy-independence
7. Petrochemicals - https://www.iqstock.news/n/global-petrochemicals-capacity-capital-
expenditure-outlook-report-2021-2030-reliance-industries-haldia-3855073/
8. Green inflation - https://ca.rbcwealthmanagement.com/al.dreger/blog/3342514-Is-there-more-
to-Fed-policy-than-taming-high-inflation
9. Critical metals - https://ca.rbcwealthmanagement.com/al.dreger/blog/3342514-Is-there-more-
to-Fed-policy-than-taming-high-inflation