Quote:
Originally Posted by Mayo
In a specific instance like last week, probably not. I wasn't suggesting that specific pricing event triggered the Freeland incident, as mentioned to the reading impaired that incident was not the focus of my comment nor the focus of the comment I was replying to.
I think in general the discontent population is aware our pricing is poor and market access is an issue.
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Of course the corollary of that is cheap natural gas prices (and electricity) in Canada. If all of the sudden we had unlimited export capacity, we'd be paying a lot closer to the European price for gas than our current price.
Everyone talks about Australia as an LNG success story, but at the same time their energy is getting a lot more expensive (which can have economy-wide knock on effects) because they have to compete with buyers from Asia. And their LNG industry actually doesn't generate all that much public revenue from royalties and taxes (last I saw it was about $65B CAD total over the last 12-13 years, though that's weighted towards recent years). So while it's still a net benefit for them, there are some very real downsides for those that don't directly benefit from the industry.