Canada, Stop Waiting for Oil Prices to Go Up

The video emphasizes the need for investment in the oil industry in Alberta and Canada, focusing on modernization and environmentally friendly technologies. It highlights the importance of making oil production profitable at $40 a barrel, which is the long-term average price. The discussion includes the necessity of investing in clean technologies to ensure economic viability and suggests exploring alternative energy sources like wind and solar, while recognizing the current reliance on oil as a primary energy source.

What are the key areas where investment is needed in the oil industry according to the text?

How does the text suggest making oil production profitable at $40 a barrel?

What role do clean technologies play in the future of the oil industry as mentioned in the text?

According to the text, what should be prioritized in energy production?

What is the long-term average price of oil mentioned in the text, and why is it significant?