On the same day Keystone XL was officially axed, Alberta's oil and gas industry made two massive bets designed to extend the life of the oilsands indefinitely.
In the short-term, however, the International Energy Agency expects global oil demand to reach around 99 million barrels per day by year-end -- up from 93 million barrels per day in the first quarter of 2021.
Strategy includes Suncor helping its customers contribute to a net-zero world by providing them with cleaner energy choices such as renewable fuels and the Petro-Canada Electric Highway.