Forget the owners oil money, the flames as a business are out millions every year from the low dollar. Throw in a down Calgary economy for a couple years and the impact on the flames is big. I don't care how long the project runs if you take tens of millions (or more) out of the business the first few years it matters.
I'm not saying the project will die or anything - doubt King would have been talking if that were at all likely - but there's probably been a tonne of work in the last few months to figure it out. There's less money in the business, and somebody is taking on a bigger chunk of risk.
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