Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

Frequitude · 01-13-2016, 05:36 PM

I would like to formally backtrack on my proposal that capping oil sands emissions is certain to be directionally negative for the industry. It is not a certainty. It is possible that doing so may lead to a higher likelihood of KXL proceeding, resulting in a net benefit for the industry.

That's probably why Suncor, Shell, Cenovus and CNRL stood beside Notley when it was announced. It's great for them. They're already producing. It's the guys with undeveloped leases that got boned there.

01-13-2016, 05:36 PM	#148
Frequitude Franchise Player Join Date: Jul 2005 Location: 555 Saddledome Rise SE Exp:	I would like to formally backtrack on my proposal that capping oil sands emissions is certain to be directionally negative for the industry. It is not a certainty. It is possible that doing so may lead to a higher likelihood of KXL proceeding, resulting in a net benefit for the industry. That's probably why Suncor, Shell, Cenovus and CNRL stood beside Notley when it was announced. It's great for them. They're already producing. It's the guys with undeveloped leases that got boned there.