Oil & Gas

In keeping with this Atlantic Canada O&G post. These regional values will surprise you.

It changes everything we think about transporting O&G around this country. It should direct all pipeline discussions.

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Note: New Brunswick, Nunavut, and BC as surprises.

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Note Nunavut. Some of theirs is off the Baffin Shelf, not far up the sea from Newfoundland (east coast access).

Thanks, Justin...

Turns out Canadian Natural Gas ends up in Europe anyway, through the USA which can actually export it:

Dude it's absolutely insane. Of course they do. We get ripped off every step of the way.

People are so retarded with the whole "there's no business case for NG" bullshit too. We could be selling for 3-4x the price.
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Prices are actually pushing $11-12 in Europe, Japan, South Korea, and China in 2025. (This chart is old).

So it's absolutely going to flow from $3 markets to $12 markets via US.

We're missing out on hundreds of billions in GDP.
It's time for Canada to take what's ours.

8 of the 11 largest cancelled LNG projects worldwide were in Canada.

If these projects were approved, Canada would be the largest LNG producer worldwide, by a factor of two.

The average person doesn't realize how asleep this country is on nat gas.

Smith "announces" pipeline.
Or announces to move one ahead.

Eby response.
He better get on board, and fast.

More Eby.
This guy is completely delusional.

Absolutely spot on. I continue to pound the table.