This decision today is entirely about depressed LNG prices in Asia compared to the ~$10+ differential with NA gas prices which existed years ago. Basically, the arb is gone. The reason that diff has closed is because the US has built a bunch of LNG infrastructure to increase supply and bring the price down. Probably doesn't help that Japan, the world's largest consumer of LNG, is starting to turn nuclear plants back on.
Basically, BC screwed themselves by doddling along trying to appease everyone while the US ate their lunch. And the people they were trying to appease could only afford their loud platform because they were funded by those exact US interests.
You got played, BC. And it'll cost you billions. Stop fighting over which provincial party to blame and look in the mirror. *slow clap*
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