At last, the long national nightmare for Canada’s oil and gas industry is over. It loves to pretend it’s been labouring under the yoke of green socialism for almost a decade now, so industry leaders were positively jubilant about the news that Justin Trudeau plans to resign as prime minister. As Bob Geddes, the president of Ensign Energy Services, told the Calgary Herald’s Chris Varcoe, “There’s no question from the beginning that his purpose was to kill the oil and gas business. This is a good day for Canada.”
There is, of course, very much a question about that, especially when you look at the increase in oil and gas production over Trudeau’s term. We’ll get to that. But this is the consensus view within the oil and gas industry’s information bubble: Trudeau was the source of all their problems, and removing him will be the solution. "The Liberal government (under Prime Minister Trudeau) has made Canada's oil and gas sector uncompetitive," Heather Exner-Pirot, special advisor on energy to the Business Council of Canada, told the Canadian Press. "So there is some optimism now that Canada will finally be a place that's open for business."
It’s worth noting that while Canada was “closed” for oil and gas business, the industry increased its oil production by more than a million barrels per........