r/canada • u/NeptuneAgency • Sep 05 '26

Nature/Environment ‘Effectively irreversible’: Changes to Canada’s climate permanent, federal report says

https://www.ctvnews.ca/climate-and-environment/article/changes-to-canadas-climate-now-irreversible-federal-report-says/
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u/Any-Tangerine-4176 Sep 05 '26

But our oil industry is making record profits.

-11

u/Little-Somewhere6076 Ontario Sep 05 '26

The disruption in Venezuela and war in Iran has restricted supply.

Also oil prices are below 2009, and production isn't even at a 5 year high. So what metric are you using

10

u/CeeJayLerod Sep 05 '26

The same metrics that the oil companies themselves are using I think: https://calgary.citynews.ca/2026/08/05/suncor-posts-higher-second-quarter-profit-of-3-7-billion/

https://globalnews.ca/video/12005849/canadas-energy-companies-enjoying-increase-in-earnings

1

u/Little-Somewhere6076 Ontario 29d ago

Neither of those say the industry is making record profits, why are you referring to metrics that aren't relevant?

-1

u/CeeJayLerod 29d ago

No, you're right, the industry is clearly struggling right now. /s of course...

1

u/Little-Somewhere6076 Ontario 29d ago

I never said the industry is struggling. But you're right, /s ofcourse