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News 2026-09-23 19:02 UTC

Maturing U.S. Shale Bolsters Canada's Role in Oil Patch — Market Talk

Rising costs of extracting oil and natural gas from U.S. shale rocks increases the importance of Canada to help meet future energy demand, according to a report by Enverus. "The U.S. has [an estimated] 17-year low-cost oil resource life index at current production rates, compared with nearly 53 yea…