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.one
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    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.