Visualizing Energy in Action : How does Canada Rank?
We often hear Canada is a “world leader” amongst world oil producers, but what does that look like?
World Oil Production
The 30 Largest Oil Producers
Where does the world's oil come from?
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Total Global Production
Canada represents about 4.5% of global production
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Canada can supply the world the oil it needs
As of October 2022, the IEA predicts the the world will consume 101.3 millions barrels of oil per day. With OPEC+ countries supplying approximately 80.4% of world supply. As world oil demand increases, we believe Canada should be the world’s supplier of choice for oil. Canada is one of the few large oil producers that is serious about emissions reductions and has demonstrated commitments to domestic human rights, and democratic values. As such we have developed this visualization tool to show Canadians how Canada stacks up against the rest of the oil producing world and answer the question “Why Canada?”
People
Top 40 Oil Producers Ranked by Freedom
Freedom House Index
The Freedom House Index is a making set that bring together various metrics to assign a ranking to 210 countries. Freedom House defines it as: “people’s access to political rights and civil liberties in 210 countries and territories through its annual Freedom in the World report. Individual freedoms—ranging from the right to vote to freedom of expression and equality before the law—can be affected by state or nonstate actors.” And as you can see, Freedom House ranks Canada highly.
In fact, amongst the top 10 producers of oil— representing over half the world’s oil production— only 3 have “Freedom House Index” ratings over 70, defining the as “Free Countries;” Canada, the United Sates and Brazil. And amongst the top 30 oil producers, only six are “free.” The reality is— if future oil prediction doesn’t come from Canada it will likely come from country that doesn’t provide its citizens with the same freedom Canadians enjoy.
Rule of Law
Percentile Rank, with 100 being the best possible score.
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Rule of law is a key indicator of the relationship citizens have with their government. This ranking system sourced from the World Bank. Their metric aggregates the “six dimensions of governance: Voice and Accountability; Political Stability and Absence of Violence/Terrorism; Government Effectiveness; Regulatory Quality; Rule of Law; Control of Corruption.”
Amongst the world’s top 30 oil producers Canada is a clear leader, ranking 2nd— only behind Norway. If Canadians want government accountability, and absence of corruption there are no oil producers that fare better than Canada in ensuring the rule of law is applied.
Environment
Yale EPI Rankings
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The Yale EPI index is a yearly score card for the environmental performance of 180 Countries. Presently, Canada ranks 49th in the world, but has shown consistent improvement. But when one limits the list to major oil producing countries nations — Canada quickly becomes a leader on that list. In fact, amongst countries that produce 350 thousand barrels per day of more of oil (Canada produces 4.5 mm) Canada ranks 6th world wide.
Is this ranking good enough, no, probably not. Canadians want action and industry is doing just that. Canada’s largest oil sands producers have pledged a a path to net-zero and have invested in carbon reduction. While our conventional producers have also taken action to reduce their emissions. If Canadians and the world want world climate action, they should support further growth form Canada’s energy sector, and not leave emissions reduction to countries that don’t share the same commitment to emissions reduction.
