The Globe and Mail reports in its Wednesday edition that oil and gas chief executive officers are optimistic that a majority government in Ottawa will help accelerate the changes they want to see on energy policies. The Globe's Emma Graney writes that movement is essential, they say, so that Canada can profit as the war in Iran continues to upend energy markets and shakes the structure of global oil and gas markets. That has many governments taking a hard look at energy security. Energy watchers say the resulting opportunities for Canadian fossil fuel companies are significant. On Tuesday, Prime Minister Mark Carney said the conflict has reinforced the importance of both energy security and the "the overall energy transition," including a massive carbon-capture project planned for Alberta's oil sands. Randy Ollenberger, BMO oil and gas analyst, says: "What we've heard out of Canadian companies is that there won't be any changes to their budgets, that they'll use this to pay down debt. If they've already paid down their debt, they'll return it to shareholders. We have heard some U.S. companies talk about marginally increasing their capital budgets, but I don't think we're going to see any big shifts in behaviour."