Canadian Manufacturing

Process West: “Signs of hope” for Alberta’s energy sector: Tsounis

Despite the serious downturn in drilling activity, there is still reason to smile for Alberta’s energy sector

September 10, 2020  by Process West

PHOTO: via Wikimedia Commons

Paul Tsounis, the director, energy economics for Alberta Energy, today kicked off the first of a series of webinars for the CPCA, discussing the state of the oil sands.

And although Canada’s energy sector has taken repeated body blows from low prices, restrictive federal legislation, COVID-19, and despite the serious downturn in drilling activity, there is still reason to smile for Alberta’s energy sector.

“It is really hard to see a light at the end of the tunnel,” said Tsounis. “But there are little bits of signs of hope.”

Read more on Process West, one of Canadian Manufacturing‘s sister publications.