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Energy Sector – Oil and Gas – Canada and United States – October 2016 Paul Young | Paul Young CPA, CGA Date: December 2, 2016

Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

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Page 1: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Energy Sector – Oil and Gas – Canada and United States – October 2016

Paul Young | Paul Young CPA, CGADate: December 2, 2016

Page 2: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Presentation DescriptionThis presentation will look at the oil and gas sector for

North America (Canada and United States)

Page 3: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Agenda Oil and Natural Price Oil Rigs United States Refinery United Stats Fuel production Canada Oil (Exports and Imports) Canada Oil and Gas Transmission

Page 4: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Oil and Natural Gas Price

Source - BMO Source - Scotiabank

Page 5: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Oil Rig – October 2016

Source – Baker Hughes

Page 6: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

United States – Fuel Production

Source - https://www.eia.gov/outlooks/steo/report/us_oil.cfm

Page 7: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

United States Refineries

Source - https://www.eia.gov/dnav/pet/pet_pnp_unc_dcu_nus_m.htm

Page 8: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Canada (Exports and Imports – Energy Sector)

Page 9: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Canada (Oil and Gas Distribution)

Source – Stats Canada

Page 10: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Canada (Oil and Gas Distribution)

Source – Stats Canada

Page 11: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Top Oil Exporting Countries

Page 12: Energy sector - Oil and Gas - Canada and United states - Analysis and Commentary - October 2016

Comments:• Average Oil Sector Salary $130K/year• Oil sectors pay close to 50% in taxes• 52,000 less jobs

Comments:• Average service sector jobs pays 54K

year• Part-time jobs are growing faster

than full-time jobs in the service sector

• It takes two service sector jobs to make up the income lose by one oil sector job loss