Drill, baby, drill: Trump promises energy dominance, but lower energy prices

The last time, that didn’t work out so well for Saskatchewan oil and gas. The depths of the seven year oil downturn which devastated the Saskatchewan oil and gas industry included all four of the Trump years the last time around. While oil low prices benefited consumers and large portions of the economy, they also had a significant impact on Saskatchewan oil companies and particularly oilfield service companies. Activity levels, vendor rates, employment and employee remuneration were all deeply affected by the low energy price policies.