Blog – Oil and Gas Sector – What is next – July 2022 High oil prices continue to plague world economies. There seems to be no appetite to pause and/or reduce carbon tax pricing. The United States continues to be a world leader in the exporting of LNG Canada continues to lag its peers when it comes to oil and natural gas production. Hydrogen projects continue to expand. The issue that is ignored by environmentalist that bulk of hydrogen production comes from the production of natural gas

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

11. Source – BMO - https://economics.bmo.com/en/publications/detail/c8a3a857-a963-
4582-8aa6-2e730b652b2c/
Source –
https://economics.bmo.com/en/publications/detail/73bfff0
d-5833-4e0d-bf16-70dcd961be68/
CPI = Cannonading
Price Increases.pdf
U.S. CPI Just Keeps
on Peaking.pdf
CPI Behind the 8.1
Ball.pdf

12. • 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

13. https://www.forbes.com/sites/llewellynking/2021/1
2/04/qatar-sees-green-role-for-lng-as-world-gasps-
for-more-energy/?sh=39b750f06660
Natural gas is about 10% of the power generation in
Canada. Wind and Solar cannot handle the volume
that natural gas provides in generation capacity.
USA is one of the largest exporters of Natural Gas -
https://www.reuters.com/business/energy/cheniere
-completes-new-sabine-pass-lng-export-unit-
louisiana-2022-02-07/
USA gets cheap Canadian natural gas as they are
largest consumer of Natural Gas -
https://www.eia.gov/todayinenergy/detail.php?id=3
4172 and
https://www.canadianenergycentre.ca/missing-out-
natural-gas-and-canadas-exports/

17. 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

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

22. 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

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

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

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

27. reduce carbon tax pricing.
The United States continues to be a world leader in the exporting of LNG
Canada continues to lag its peers when it comes to oil and natural gas production.
Hydrogen projects continue to expand. The issue that is ignored by environmentalist that bulk of
hydrogen production comes from the production of natural gas
Current Freight Rates
- July 2022 - TCI Business - Fuel Sur Charges.pdf
US containerized
imports keep record pace in June, start strong in July_port capacity.pdf
3 weeks of protests
in Panama cause food, fuel shortages CityNews Toronto.pdf
TABLE-LNG tankers
heading to Britain, Belgium and the Netherlands.pdf
Mega container ships
seem like a good idea but….pdf
'We have to do
something' Can retail close the gap on supply cha
The U.S. Is Still The
World’s Top Oil Producer - Production.pdf
The Companies
Taking Advantage Of America’s LNG Boom_Natural Gas.pdf
A Green Hydrogen
Economy Depends on This Little-Known Machine - Energy News for the Canadian Oil & Gas Industry EnergyNow.ca
ESG funds are quietly
buying oil stocks to chase gains after their poor performance in the first half — here's the 1 b
Five ways Canada’s
oil and gas industry is improving environmental performance - Canadia
Canada-wide gas tax
holiday could cost $15.2B Analytics firm - BNN Blo
1. Oil - https://www.forbes.com/sites/rrapier/2022/07/22/the-us-is-still-the-worlds-top-oil-
producer/?sh=4aee378b7b39
2. LNG - https://ca.finance.yahoo.com/news/companies-taking-advantage-america-lng-
000000486.html
3. Hydrogen - https://energynow.ca/2022/07/a-green-hydrogen-economy-depends-on-this-little-
known-machine/
4. ESG - https://ca.finance.yahoo.com/news/esg-funds-quietly-buying-oil-163000152.html
5. Environment - https://www.canadianenergycentre.ca/five-ways-canadas-oil-and-gas-industry-is-
reducing-its-environmental-footprint/
6. Gas taxes - https://www.bnnbloomberg.ca/canada-wide-gas-tax-holiday-could-cost-15-2b-
analytics-firm-1.1795583
7. Fuel - https://www.tcicapital.com/tci-insights/current-freight-trends/
8. Ports - https://www.freightwaves.com/news/us-containerized-imports-keep-record-pace-in-
june-start-strong-in-july
9. Containerships https://cuba.detailzero.com/business/78273/Mega-container-ships-seem-like-a-
good-idea-but%E2%80%A6.html or
10. Natural gas - https://ca.finance.yahoo.com/news/table-lng-tankers-heading-britain-
064026130.html
11. Supply chain https://www.retaildive.com/news/retail-scope-3-supply-chain-carbon-
emissions/626973/
12. Protests - https://toronto.citynews.ca/2022/07/20/3-weeks-of-protests-in-panama-cause-food-
fuel-shortages/