CERI Studies related to natural gas

To view a complete publication list click here.  To obtain copies of older reports (subject to availability), please email mailto:info@ceri.ca

Natural Gas Studies released in 2017

Economic Impacts of Canadian Oil and Gas Supply In Canada and the US (2017-2027)

Study Released August 2017

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The longest undefended border on the planet runs 8,891 kilometers and is shared between Canada and the United States, the second and fourth-largest countries, respectively. These two countries not only share the longest international boundary, but the largest bilateral trading relationship in the world with trade totaling CAD$752 billion at the end of 2016. Canadian exports to the US at end-2016 were CAD$392 billion and imports from the US were CAD$360 billion – and these totals don’t even include foreign direct investment between Canada and the US.

This study examines the economic impacts of the Canadian oil and natural gas industry on both Canadian and the US economies. This study is particularly timely, given the US administration’s mid-May 2017 notification to Congress and trading partners that it plans to renegotiate the NAFTA, effectively starting the 90-day countdown to renegotiations.

Total economic impacts from investment and operations of Canadian oil and gas projects contribute to economic growth and employment in both countries. Capital investment of CAD$380 billion and operational revenues of CAD$1.8 trillion from Canadian oil and gas projects over an 11-year period will generate CAD$2.7 trillion in Canadian GDP and 6,572 thousand person-years in Canada and US$45.6 billion in the US GSP and nearly 406 thousand jobs in the US.


Economic Potential of onshore oil and gas in new Brunswick and nova scotia

Study Released June 2017

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While Nova Scotia estimates its offshore resource potential at more than 8 billion barrels of oil (BBL) and 120 trillion cubic feet (Tcf) of natural gas (CAPP 2017b), the region also has significant onshore oil and gas potential, largely stemming from unconventional resources, particularly shale gas. This study focuses on the economic potential of the Frederick Brook Shale in New Brunswick and the Horton Bluff Shale in Nova Scotia, as well as the existing McCully gas field in New Brunswick. 

These resources become more important when increased regional natural gas demands and declining rates of natural gas production in SOEP and Deep Panuke, both expected to be decommissioned by 2022, are taken into consideration. There is an impending supply gap between regional natural gas production and demand. Without a doubt, both provinces are on the cusp of a fundamental change—a nexus point.

This study explores three plausible potential scenarios moving forward: We are Importers, We are Self-sustainable and We are Exporters. Each scenario depicts the influence of high/low natural gas production and whether the current moratorium/ban is lifted or remains in place. Economic impacts taken into consideration include economy-wide impacts such as value-added GDP, jobs created (in person-years) and various forms of government revenue, including indirect, personal and corporate taxation revenues.

Natural Gas Studies released in 2016

Natural Gas Studies released in 2015

Natural Gas Studies released in 2014

To view a complete publication list click here.  To obtain copies of older reports (subject to availability), please email mailto:info@ceri.ca

ARCHIVED CERI NATURAL GAS STUDIES