Geographic Feature: Quebec episode artwork

EPISODE · Aug 26, 2026 · 2 MIN

Geographic Feature: Quebec

from Energy Markets Daily · host EMD

Wednesday, August 26, 2026. QUEBEC ENERGY PROFILE: Quebec has effectively no oil or natural gas production due to 2022 provincial ban on exploration and extraction; province relies on imports. LEGISLATIVE BAN: Quebec's 2022 law (Bill 21 / Act ending exploration for petroleum...) permanently bans oil, gas, and brine exploration/production; remains in effect unless repealed or amended. NO COMMERCIAL PRODUCTION: Quebec has significant untapped hydrocarbon resources (e.g., St. Lawrence Lowlands, Gaspé Peninsula) but no meaningful commercial oil or natural gas output due to ban, technical, environmental, and political barriers. IMPORT RELIANCE: Province imports nearly all its natural gas; ban ensures continued dependence on external supply. POLITICAL & REPEAL DISCUSSIONS: Calls to repeal ban for economic benefits (e.g., MEI estimates potential $93 billion GDP boost over 25 years from development); new premier Christine Frèchette has signaled openness to natural gas development. NATIONAL CANADIAN CONTEXT (OIL): Canadian oil production projected to grow modestly in 2026 (e.g., ~1.7% per IEA; ~3.5% per some industry modeling), driven by oil sands and other provinces; Quebec contributes negligibly or zero. NATIONAL CANADIAN CONTEXT (NATURAL GAS): Marketable natural gas production rising nationally (e.g., records in early 2026 data from BC and Alberta); CER scenarios show continued growth through 2026 and beyond, again excluding Quebec output. CER CANADA'S ENERGY FUTURE 2026: Provides provincial breakdowns (including QC) under multiple scenarios; crude oil and natural gas production projections for Quebec are minimal/absent compared to Alberta/BC. ECONOMIC/POLITICAL ANALYSES: Reports highlight Quebec's reserves but note hostile regulatory climate prevents development; repeal would require new legal framework to attract investment. STATCAN ENERGY STATS (NATIONAL, EARLY 2026): Crude oil and equivalent production at record levels nationally (e.g., 27.0 million m³ in Jan 2026); natural gas at highs (e.g., 760.5 million GJ in Jan); no Quebec-specific production noted. BROADER INDUSTRY OUTLOOK: Canadian drilling/spending forecasts for 2026 show modest declines or stability amid prices; Quebec activity remains at zero. POTENTIAL RESOURCES: Estimates exist for Quebec hydrocarbons, but commercial viability uncertain and development legally blocked. NO 2026-SPECIFIC QUEBEC PRODUCTION FORECASTS: Searches yield no active output projections for province, consistent with ban. INDUSTRY CALLS FOR CHANGE: Advocacy groups (e.g., MEI, IEDM) argue for repeal to capitalize on global gas demand growth projected to 2050. OVERALL: Quebec's energy focus remains on renewables/hydro; hydrocarbon production stays banned and nonexistent through 2026 and beyond absent policy shifts. THE READ: Quebec effectively no oil and natural gas production due to 2022 provincial ban on exploration and extraction, province relies on imports; 2022 law Bill 21 Act ending exploration for petroleum permanently bans oil, gas, and brine exploration and production, remains in effect unless repealed or amended; significant untapped hydrocarbon resources St. Lawrence Lowlands, Gaspé Peninsula, no meaningful commercial oil or natural gas output due to ban, technical, environmental, and political barriers; province imports nearly all its natural gas, ban ensures continued dependence on external supply; calls to repeal ban for economic benefits, MEI estimates potential $93 billion GDP boost over 25 years from development, new premier Christine Frèchette signaled openness to natural gas development; Canadian oil production projected to grow modestly 2026, approximately 1.7% per IEA, approximately 3.5% per some industry modeling, driven by oil sands and other provinces, Quebec contributes negligibly or zero; marketable natural gas production rising nationally, records early 2026 data BC and Alberta, CER scenarios show continued growth through 2026 and beyond, again excluding Quebec output; CER Canada's Energy Future 2026 provides provincial breakdowns including QC under multiple scenarios, crude oil and natural gas production projections for Quebec minimal/absent compared to Alberta/BC; reports highlight Quebec's reserves but note hostile regulatory climate prevents development, repeal would require new legal framework to attract investment; crude oil and equivalent production at record levels nationally, 27.0 million m³ Jan 2026, natural gas at highs, 760.5 million GJ Jan, no Quebec-specific production noted; Canadian drilling/spending forecasts 2026 show modest declines or stability amid prices, Quebec activity remains at zero; estimates exist for Quebec hydrocarbons, but commercial viability uncertain and development legally blocked; searches yield no active output projections for province, consistent with ban; advocacy groups MEI, IEDM argue for repeal to capitalize on global gas demand growth projected to 2050; Quebec's energy focus remains on renewables/hydro, hyd...

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Geographic Feature: Quebec

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