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Oil companies have a new lobbying target during pandemic — the Federal Reserve

Struggling petroleum producers want more flexible terms on loans and other aid.
oil storage running out
calgaryherald.com

'It’s not like milk, you can’t dump it': As oil storage runs out in Canada, desperation sets in

The scenario that many oil executives feared is starting to play out: Storage space is filling up and there's nowhere to put their oil.

Chris Turner: Why are Canada’s oil patch CEOs changing their minds on carbon pricing?

The oil giants are finally realizing they have no future unless they can be profitable in a low-carbon economy. Other sectors should follow before it's too late.

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