The Year Ahead: Top Energy Themes and Trudeau’s Resignation

Jan 7, 2025

The hosts kick off the year by examining their 2024 predictions and introducing key energy themes for 2025. They dive into the political upheaval surrounding Prime Minister Trudeau's resignation and its expected impact on the energy sector. Upcoming challenges in the gas market and the role of AI in energy efficiency also take the spotlight. Additionally, they discuss Canada’s revised Clean Electricity Regulations, extending its net-zero target to 2050, and the complexities surrounding energy security and affordability.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

2024 Predictions Review

Peter and Jackie reviewed their 2024 predictions, achieving a 70% accuracy rate.
Correct predictions included the oil and gas cap reaching Gazette 1 and TMX startup.

INSIGHT

Oil Price Drivers in 2024

Oil prices moderately increased due to geopolitical risks, but OPEC's spare capacity prevented major spikes.
A $70+ oil price reflects some geopolitical risk but remains good given historical averages.

ANECDOTE

Canadian Energy M&A

CNRL's acquisition of Chevron's assets marks a significant M&A activity in the Canadian energy sector.
Other deals involved Canadian companies consolidating, like Vermilion buying Westbrook and Tourmaline acquiring Crew.

Get the Snipd Podcast app to discover more snips from this episode

Get the app