IEA Head Calls on Canada to Move Faster on Energy Amid Supply Shock

Me too

Per the article: The head of the [International Energy Agency](https://www.bloomberg.com/quote/0404233Z:US) is urging Canada to move more quickly to develop and export its energy resources, **warning that market conditions will only favor the country for so long.** Typically, countries buy energy based on price. But in the aftermath of the Iran war, “there will be an energy security risk premium,” Fatih Birol, the IEA’s executive director, told a policy conference in Toronto on Thursday. As a result, “the most important resource, or card, that Canada has today is trust.” I think he's not so much trying to "tell Canada what to do" as he's trying to dispense helpful advice. In other words, "Quickly find buyers for your supply so that when Middle Eastern oil can flow freely, once again, you (Canada) will have secured your place as a trustworthy supply source, in comparison to the now less reliable Middle East." It puts Canada into a better long-term market position.