Inflation has increased, according to Statistics Canada, and gas prices are at least partly to blame. Here's why gas could be costing Canadians more over the next few months.

Gas prices are expected to reach an annual high this summer across Canada and into fall, with more than one factor causing the increase, experts say.

  • bdiddy@lemmy.oneEnglish
    15·
    1 year ago

    no drilling is the issue lol. Shale wells deplete crazy fast. The decline rate is 70% in the first 3 years. We are reaching peak production. If you reduce the number of operators through buyouts it’s only going to make it impossible to crank out new production quickly.