2 Kommentare

  1. WoodenCourage on

    And the Tories and Liberals will still be saying it’s a good idea. Brilliant economics from them. Oil barons make bank and the rest of us get to pay. On top of that, major grocers definitely won’t take advantage of the inflation *this time* to price gouge on your groceries.

  2. Expect a flurry of oil and gas projects to be announced as these elevated oil prices are sticking around for years now. I’ve already seen that the TMX improvements have been fast tracked which will add 300,000 bpd. Add on to that a 500,000 bpd line to the US from South Bow as well and we are looking at opening almost 1M bpd of export capacity.

    At these numbers it is looking feasible for one of the majors to begin construction on one of the many shelved new oil sands projects. Alberta is going to be booming just like the early days of oil sands development of 2000-2014. These booms depend on construction jobs and we just haven’t had the export capacity to justify spending billions on new projects.

    Hell I wouldn’t even be surprised if we saw additional pipelines announced to BC, Manitoba or the US that arent even talked about yet.

Leave A Reply