[Dion]

Originally Posted by Wormius

Umm. Those quotes seem kind of iffy. I could piece together whatever I want by “...”ing everything up.

Here's where some of the quotes come from this BNN article.

But Michael Loewen, commodities analyst with Scotiabank, said there are “inherent risks” in the assumptions and vague details of Alberta’s crude-by-rail plan.

“The finer details pertaining to the crude-by-rail deal are vague as exhibited by the Q&A session, which may highlight market and operational risk,” Loewen wrote in a note to clients. “The following are unknown: From which E&Ps (exploration and production) does the province purchase barrels? Is access to crude-by-rail loading facilities included in these CN and CP Rail deals? Into which markets (exactly) will these barrels be sold? With a provincial election looming, will the next government stick to this plan?

Rafi Tahmazian, senior portfolio manager at Canoe Financial, said in an interview with BNN Bloomberg’s Catherine Murray that Notley would be better off focusing on getting pipelines built, rather than moving oil by rail.

“I think all of their energy should have been spent on trying to cure the illness, not trying to keep us alive with the illness. The cure is to get the pipelines,” Tahmazian said Tuesday after the announcement. “Instead what we have is governments creating more and more interference in the private sector, and costing us more and more.”

Tahmazian also criticized Notley’s description of its plan as having no risk.

https://www.bnnbloomberg.ca/that-s-r...plan-1.1217033