June 16, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The future looks good for Canada's Oil & Gas Production Industry, according to a new report from Enserva, a group that describes itself as the voice of the Canadian energy services, supply and manufacturing sector.

The report finds that that the 2023 outlook for the Canadian oil and gas industry is "encouraging: global energy demand is strong, oil and gas prices are favorable, inflation and labor shortages are on the decline, and capital investment is on the rise. In addition, the industry is aptly positioned to take advantage of opportunities to participate in the evolving global energy mix," according to a press release.