Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any?
Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.
https://www.cbc.ca/news/business/canada-oil-reserves-9.7126115?cmp=rss
Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.
https://www.cbc.ca/news/business/canada-oil-reserves-9.7126115?cmp=rss
