[Canadian] Energy firms spend more to find less oil, gas

“Canada’s petroleum industry spent a lot more money to find less oil and gas last year, Statistics Canada reported Monday, as the sector’s capital expenditures rose by nearly a third while conventional oil and gas production fell.”

You will need a subscription or library service to view the full article, but you get the idea. Cheap oil and gas is no more…

http://www.canada.com/vancouver/vancouversun/news/business/story.html?id=c081b175-bb8b-4a96-83a6-a745b70e41dc