Quote:
Originally Posted by Whynotnow
Or it makes an already difficult project from a financial perspective even worse. If significant heavy oil makes it to the sea from Venezuelan sources that will depress prices, making it even less viable to finance and build a new pipeline and the corresponding production increase needed to fill it.
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IMO, it’s now a national security issue, not a financial decision. But that’s probably a very tough pill to swallow for most Canadians.