Blog – What is next for Oil and Natural Gas – August 2022 Hydrogen continues to be a big focus for governments around the world. The current source of hydrogen is from natural gas. Countries want to produce hydrogen via electrolysis process that splits atoms from water. The technology is still in its infancy stages. Both Biden and Trudeau continue to put up numerous roadblocks related to natural gas and oil. Biden and Trudeau have decided to focus on critical minerals development. The issue with critical metals is their tailing ponds along with logistics require to move the ore to a refinery. Oil prices have fallen, but that could be short-term as OPEC may make production cuts. AB government is about to have $13B surplus due to higher oil prices. Canada could be a leader in sustainable and ethically oil and natural gas. The problem is the Liberals overburden oil and LNG projects with excessive taxes. There are concerns with expansion of plug-in stations due to issues with the power grid.

2. • CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

8. USA Oil Production -
https://www.reuters.com
/article/usa-rigs-baker-
hughes/u-s-drillers-add-
oil-and-gas-rigs-for-
seventh-week-in-a-row-
baker-hughes-
idINL2N2WY1AB

10. Source –
https://economics.bmo.com/en/publications/detail/59bcd
ce2-374d-45fa-81bb-461f507a3ef5/
Inflation - USA - BMO
- July 2022.pdf
BMO - Inflation - CPI
- Canada - July 2022.pdf
Canada -
https://economics.bmo.com/en/publications/d
etail/c8a3a857-a963-4582-8aa6-
2e730b652b2c/
BMO - Inflation - July
2022 - Canada.pdf

11. • Petrochemical investments –
• UAE - https://www.bnnbloomberg.ca/abu-dhabi-s-adnoc-forms-venture-for-petrochemical-investment-1.1469040
• Alberta / Petrochemicals - https://fortsaskonline.com/local/new-provincial-program-aims-to-bring-in-more-petrochemical-projects
• Petrochemicals / Sarnia - https://www.canadianenergycentre.ca/petrochemical-project-a-godsend-for-small-ontario-business/
• COVID19 Delays - https://cen.acs.org/business/petrochemicals/Pandemic-delays-big-US-petrochemical/98/i28

12. @FP_Champagne you are supporting tech that is not
proven for H2. CAN already has existing capacity to
make H2 via natural gas process. The natural gas
process is more efficient! Why are you not working
with Linde or Suncor
https://www.slideshare.net/paulyoungcga/the-future-of-
hydrogen-august-2022pptx

16. Canada ZEV are about 6.2% of total vehicle sales, or about 8.4K
to 12K per month. Global ZEV sales are about 13% of total
automotive sales. There is misnomer as ZEV are not zero
emission, especially as EMEA generates nearly 50% of its power
requirements from non-clean sources of energy.
There are significant challenges with lithium, rare metals, and
cobalt supplies that are forcing up the cost of electrical
vehicles.
Brownouts are a fear due to many governments pushing their
zero emissions agenda at all costs
Farmer in Netherlands continue to show their frustration with
tougher environmental laws. Food costs and security are
enormous issues for countries around the world.
There seems to be little appetite to push hybrid vehicles as well
as deal with gas taxes as part of managing the cost of gasoline.
https://www.slideshare.net/paulyoungcga/global-automotive-
sector-analysis-and-commentary-june-2022pptx

19. Source - https://www.iea.org/reports/monthly-oecd-electricity-statistics

21. https://www.prnewswire.com/news-releases/ibm-acquires-envizi-to-help-organizations-accelerate-sustainability-
initiatives-and-achieve-environmental-goals-301458256.html
Here is my initial look at IBM options with Envizi. More to come shortly as it relates to Envizi’s ESG solution.
Excel interface
https://knowledgebase.envizi.com/home/How-to-get-data-in-Excel-using-Envizi-API.2495529494.html
Integration with Maximo - https://www.prnewswire.com/news-releases/ibm-acquires-envizi-to-help-organizations-
accelerate-sustainability-initiatives-and-achieve-environmental-goals-301458256.html
This ties nicely with my work on Maximo and Cognos Analytics -
https://ibm.box.com/s/ow662tdpto1c1p6d9u2waqxwli40x0la
Here is an additional link on close, consolidate, and reporting -
https://ibm.box.com/s/i7efp948qvb5l8bt96y8sigsup8yes2u
ESG Reporting - https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce

23. Source - https://www.canadianmanufacturing.com/sustainability/fossil-fuels-
declining-but-still-big-in-canadas-energy-use-by-2050-report-264178/

24. Source - https://epi.yale.edu/downloads or https://www.ig.com/en/trading-
strategies/world-s-biggest-oil-producers-200722

25. Source - https://www.slideshare.net/paulyoungcga/corporate-tax-vs-direct-subsidies,
https://www.wallstreetmojo.com/income-tax-expense/
2020 - Suncor FS.pdf

26. Blog – What is next for Oil and Natural Gas – August 2022
Hydrogen continues to be a big focus for governments around the world. The current source of
hydrogen is from natural gas. Countries want to produce hydrogen via electrolysis process that splits
atoms from water. The technology is still in its infancy stages.
Both Biden and Trudeau continue to put up numerous roadblocks related to natural gas and oil. Biden
and Trudeau have decided to focus on critical minerals development. The issue with critical metals is
their tailing ponds along with logistics require to move the ore to a refinery.
Oil prices have fallen, but that could be short-term as OPEC may make production cuts.
AB government is about to have $13B surplus due to higher oil prices.
Canada could be a leader in sustainable and ethically oil and natural gas. The problem is the Liberals
overburden oil and LNG projects with excessive taxes.
There are concerns with expansion of plug-in stations due to issues with the power grid.
New US EV battery
production explodes; can supply chains keep up - Fastmarkets.pdf
Is Biden’s goal to
build charging stations for electric cars leaving low-income areas behind – EQ Mag Pro – The Leading Solar Magazine In India.pdf
California EV owners
asked to curb charging ahead of travel holiday TechCrunch.pdf
Canada's ZEV
registrations drop to 7.5 per cent in second quarter of 2022.pdf
Global Plug-In
Electric Car Sales Increased 61_ In July 2022 To 778,000.pdf
Grid - Electricity
Production by Source - Canada vs OECD - June 2022.pptx
Energy Sector - Oil
and Natural Gas - Canada and USA vs the World - August 2022.pptx
Oil Has Been Falling,
OPEC Cuts Could Drive Them Up Again Barron's.pdf
Jack Mintz
Squandering our resource wealth.pdf
Factbox Europe's
alternatives if Russia shuts off gas supply Reuters.pdf
Shortage of Frack
Gear Is Helping to Hold Back US Oil Production - Bloomberg.pdf
Engineering leaders
urge UK to scale up hydrogen production E&T Magazine.pdf
Ultrafine nanoporous
intermetallic catalysts by high-temperature liquid metal dealloying for electrochemical hydrogen production Nature Communications.pdf
Heating-Oil Prices
are Expected to be Higher this Year than Last Because Refiners are Paying About $5 a Barrel more for Crude Oil than they were Last Year..pdf
Air Products leads
hydrogen sales Opportimes.pdf
Asia dominates
global propylene capacity additions by 2026.pdf
Electric vehicles
displace 1.5 million barrels of oil per day - Protocol.pdf
Salt of the earth
Sodium-ion batteries are the safe, cheap and abundant alternative to lithium MCN.pdf
US Lithium Mine Set
to Destroy the Environment, Cultural Heritage Site, and Displace Farmers Watchdog Group.pdf
FG, stop China from
grabbing Nigeria’s Lithium - Nairametrics.pdf
1. Oil prices - https://www.barrons.com/articles/crude-oil-prices-opec-meeting-51662017400
2. LNG - https://ca.finance.yahoo.com/news/jack-mintz-squandering-wealth-100050587.html or
https://www.reuters.com/business/energy/europes-alternatives-if-russia-shuts-off-gas-supply-
2022-09-02/
3. Oil Production - https://www.reuters.com/business/energy/europes-alternatives-if-russia-shuts-
off-gas-supply-2022-09-02/
4. Hydrogen - https://eandt.theiet.org/content/articles/2022/09/uk-urged-to-scale-up-hydrogen-
production-to-decarbonise-key-industries/ or https://www.nature.com/articles/s41467-022-
32768-1
5. Heating oil - https://collegedunia.com/news/e-110-heating-oil-prices-are-expected-to-be-
higher-this-year-than-last-because-refiners-are-paying-about-5-a-barrel
6. Hydrogen - https://www.opportimes.com/air-products-leads-hydrogen-sales/
7. Petrochemicals - https://www.offshore-technology.com/comment/asia-global-propylene-
capacity-2026/