Quote:
Originally Posted by CaptainCrunch
We can't even twin an existing pipeline let alone build new ones. and the government bungled the file on TMX so bad that they had to buy a project that a company was willing to build and fund.
At this point, another 4 years of Trudeau will probably lead to the end of energy capital investment especially in Alberta. We might get dribs and drabs here and there, but the mega projects will go away.
If its a minority government propped up by the Greens or the NDP it gets worse.
If the Liberal's win again you will see Saskatchewan and Alberta erupt in terms of separatist sentiment.
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After Harper shut the door on energy trusts, mega projects are all that is left. Meaningfully, anyhow.
Then his government threw cold water on SOE investment, and refused to deal with the issues on the West Coast like Prentice wanted to. As such the dominoes started to fall on those and now we see the consequences. Seriously, read Triple Crown... it is fantastic and enlightening.
The Liberals, as ham fisted as they've been, are at least not assuming that the same treaty based legal processes that work in AB & SK will not work in BC. I think they're right about that, but I do not agree with how they're trying to get it done because it still doesn't really set us up for future expansions into the Asian Pacific Basin heavy crude and LNG markets. We will see the consequences for THOSE decisions in another 8 or so years.
And it is frustrating that the industry doesn't admit this and promote legitimate long term ideas. They're so short term focused, and want a government that WILL try to put the west under treaty and force projects through the supreme court. That's the role the right is trying to play, and the rhetoric and lack of education in the general public adds to us just eating it all up like it will actually work. It ain't cowboys and indians anymore.
These aren't the stewards our provincial bounty needs.