Posthaste: Canadian oil is the world's top choice, global ranking shows

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Posthaste: Canadian oil is the world's top choice, global ranking shows
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The world prefers Canada\u0027s oil, suggests a new study from market researcher Ipsos, with Canada chosen most often as a top supplier. Read on.

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On a regional basis, Canada also made a strong showing. For example, North Americans appear bullish on Canadian oil, and 71 per cent chose the country as one of their top suppliers. In Europe, Canada made the top three 60 per cent of the time, while the U.S. came in at 53 per cent. Only Norway ranked better in Europe, clinching the top spot after being selected as a preferred supplier 71 per cent of the time.

Canada’s high ranking is evidence of the country’s strong democratic values, Ipsos said. Respondents often chose the country closest to them as the best place to get oil, but shared morals were also a major consideration, and that helped Canada move up the ranks. For example, based solely on values such as democracy, Canada was chosen second 23 per cent of the time as a top oil supplier. That was more than any other country, including the United States.

Ipsos said geopolitical instability has also made people more aware of where their energy is coming from, and many want to know that their oil is being bought from a country with shared values. Indeed, 52 per cent of people globally think oil and gas should be imported solely from countries with strong democracies, such as Canada and the United States, rather than from authoritarian regimes such as Russia and Saudi Arabia.

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