Oil: I’m Not Dead!

Some Canadian Federal politicians are claiming that oil is dead, never to return from the COVID-19 demand collapse. Instead, oil is alive and kicking. It is reminiscent of the famous Monty Python plague scene when someone tries to drop off a live body. With half of the world’s population under lockdown, oil consumption fell just 30 percent. Now, with restrictions lifting, demand is bouncing back.On this week’s episode, we also discuss the divestment of four oil sands producers by Norway...