CAPP regularly publishes a number of reports related to Canada’s oil and natural gas industry.
Crude Oil Forecast
CAPP releases its Crude Oil Forecast, Markets and Transportation report annually in late spring. The report provides a long-term outlook for Canadian crude oil production, including production and supply, markets, transportation and more.
Due to the rapidly changing capital budgets of Canadian oil producers, the resource production associated with that investment, and the current market and economic uncertainty surrounding COVID-19, the 2020 CAPP Crude Oil Forecast has been deferred. As countries set on the path of reopening and rebuilding their economies and people around the world restart their lives, we will watch for the impact on global oil demand as we continue to monitor the plans for Canadian producers. CAPP’s 2019 Crude Oil Forecast remains the most recent information on expected Canadian oil production.
2018 Economic Series
A Global Vision for the Future
As the world’s population grows, the demand for all forms of energy will increase, including demand for oil and natural gas. With our innovative industry and cost-effective clean technology, Canada is poised to become a world-leading sustainable energy supplier through innovation and cost-effective clean technology. However, for our oil and gas to be part of the future energy mix, it’s important we urgently address challenges facing our industry today. Through these economic reports, we offer solutions to create an economically viable industry that meets both our environmental and competitiveness goals.