Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any?
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Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any?
Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz. Read more
