Read the latest insights and analysis from the experts at Oil Change International.
The Canadian Green Party's parliamentary leader, Elizabeth May, said last week: "My heart bleeds for people who believe the sector is going to come back. It's not. Oil is dead and for people in the sector, it's very important there be just transition funds."
A remarkable thing just happened in Canada’s oil patch. Tar sands producers have actually started to cut oil production in the face of growing pipeline constraints.
The oil industry's own data shows that the tar sands are on the edge of decline – but the key question is if they will take everyone else down with them.
