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.
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.
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.
