Quote:
Originally Posted by burn_this_city
I'd argue after yesterday's DAP decision the regulatory risk is now greater in the US than Canada.
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The fact that an existing pipeline could be ordered to shutdown is extremely concerning. Especially for our producers as the only lifelines we have are old pipelines to the states that WILL be targeted by these groups. It's the logical extension of their strategy, once they've killed off KXL and the Line 3 replacement they'll start going after existing pipelines, they're trialing that now with Line 5 and have it partially shuttered. If people think things are bad now wait until existing capacity is stopped. This isn't about pipelines being unsafe, or indigenous rights, or any other red herring argument that gets thrown against a wall by these obstructionists to see what sticks. It's a proxy war against the oil and gas industry itself, and as such it won't stop at just preventing new pipelines because that isn't the goal. It sounds crazy that they could get existing pipelines shutdown but they have precedent now, just like 10 years ago I thought it was crazy to be opposed to crucial infrastructure like pipelines and now they're basically impossible to build.