Someone sent me a Facebook post in which North Island-Powell River MP Aaron Gunn points to a Petro Canada sign advertising gas for $2.09.9 a litre.
Gunn wrote, “Ridiculous. 4th-largest oil reserves on the planet. $2.09 per litre at the pumps. It’s time to build pipelines, refineries and an energy policy that puts Canada, and Canadians, first!”
My first response, when I calmed down enough to have a polite response, was ‘does he think a fully operational pipeline is going to drop out of the sky?’
So far, no proponents have stepped forward to build the proposed pipeline. Premier Danielle Smith of Alberta recently said there are some Middle Eastern and Asian investors who expressed interest in a minority stake. IF a proponent steps forward and clears all the necessary preliminary steps, it is still going to take years before oil flows through the proposed pipeline.
Continue reading In the Midst of a Global Energy Transition: Canada’s New Pipeline
