She said the province has to continue to oppose federal policies that impose significant additional costs on the oil and gas sector, with marginal environmental benefits in many cases. An example she gave was the Clean Fuel Standard, which she said will have a major impact on the energy and resource, agriculture and manufacturing sectors. It will also impact regular Canadians, heating their homes and filling their cars. “The Clean Fuel regulations will result in an estimated increase in gasoline costs of up to 11 cents per litre, and diesel costs of up to 13 cents per litre by 2030. That clearly hits where it hurts on transportation, certainly. In Saskatchewan, based on current consumption volumes, that impact equates to roughly $710 million on Saskatchewan residents by 2030, and they’re huge numbers: $400 million from diesel consumption, $310 million from gas consumption.”
The Canadian Association of Oilwell Drilling Contractors (CAODC) held a virtual town hall Feb. 9 with Saskatchewan Minister of Energy and Resources Bronwyn Eyre, speaking about items like how . . .
She said the province has to continue to oppose federal policies that impose significant additional costs on the oil and gas sector, with marginal environmental benefits in many cases. An example she gave was the Clean Fuel Standard, which she said will have a major impact on the energy and resource, agriculture and manufacturing sectors. It will also impact regular Canadians, heating their homes and filling their cars. “The Clean Fuel regulations will result in an estimated increase in gasoline costs of up to 11 cents per litre, and diesel costs of up to 13 cents per litre by 2030. That clearly hits where it hurts on transportation, certainly. In Saskatchewan, based on current consumption volumes, that impact equates to roughly $710 million on Saskatchewan residents by 2030, and they’re huge numbers: $400 million from diesel consumption, $310 million from gas consumption.”
“Our top priority continues to be getting Saskatchewan oil and gas service workers back to work,” Energy and Resources Minister Bronwyn Eyre said. “The ASCP prioritizes Saskatchewan companies and is widely regarded as pragmatic, efficient and fair.” The Phase One allocation was $100 million in program funding ($400 million total), which was announced in May of 2020, as part of the federal COVID Economic Response Plan. In Saskatchewan, more than $94 million in work packages are currently on track for allocation by the end of 2020, in every oil and gas region of the province including $33 million in Estevan, $17 million in Swift Current, $16 million in Kindersley and $28 million in Lloydminster.
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