however . Given the downturn , the company has had to look very hard at which staff it keeps on its books .
Gorman explains : “ We are in a very cyclic industry and have to balance the current needs of the business with its future needs . It ’ s always a challenge to determine how long a cycle will last and what sort of structural changes we can make to the business in order to improve our own economics . It ’ s a challenge for the entire industry .”
Having refined an already highly effective business into an even more efficient operation , Halliburton ’ s Canadian operations are set to play a crucial role in the country ’ s energy mix for years to come . Gorman concludes : “ I truly believe that Canada does the best job of being a very responsible environmental citizen and is embracing some of the most environmentally friendly produced oil and gas in the world .
“ As Obama recently said during a meeting with Prime Minister Trudeau – the world needs more Canada and I think the world needs more Canadian oil and gas .”
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