So much for Canada becoming an “energy superpower.” With additional pipelines to the west coast, the idea is dead in its tracks. Eby says he won’t be changing mind on another B.C. pipeline, rebuffing Ford
But but but – everyone was so happy about their confab with the new prime minister.
In Pipeline Online’s continuing mission to tell you exactly what the federal Liberal government is saying on energy and environmental policy, this is the verbatim speech of the new Minister of Energy and Natural Resources Tim Hodgson, who spoke at the Calgary Chamber of Commerce on May 23. In this case, the ministry was kind enough to provide the transcript online, indicating this is a message they really, really want to get out there.
And it is worth taking in. This guy sounds NOTHING like Wilkinson or Guilbeault. He promises reviews in 2 years, not 5. Wilkinson wanted to keep it in the ground.
You can also watch it in the link provided in the story on CPAC’s YouTube channel. I encourage you to take the time to do so. It’s cued up to start at his speech, but if you want to hear his background, which including working on the financing for the Alliance Pipeline, rewind a bit and hear a glowing introduction from the CEO of Suncor.
Notably, the Alliance Pipeline he mentioned financing was the last major pipeline project I worked on. I started work three weeks after my wedding. And out of the 12 guys on my road bore crew, I was the only one married once.
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For giggles, if you want to see who the Anti-Zinchuk is, this is a video from Markham Hislop. He posts daily videos hating everything about the Canadian energy sector, from every angle imaginable. In this video he shoots down the idea Hodgson speaks of regarding Canada becoming an energy superpower. Didn’t Harper come up with that? That’s right, he did.
It got 14000 views in less than a day, and 255 comments.
Be sure to check out the Pipeline Online Podcast at 1 p.m. Monday, May 26, live on X, LinkedIn and Facebook, with guest Ken From, former CEO of SaskEnergy, TSASK, PTRC, and Prairie Hunter Energy.
It’s not surprising that Quebecers want lower gas prices too. What is also not surprising is this bizarre statement from Francois Legault on the subject of pipelines. It is safe to assume that in a more “dogmatic” world, Quebec would be okay with losing money? Why would a culture think that way in the first place?
“We’re not dogmatic. We’re OK with Quebec making money,” he said. “The world has changed.”
In the end, it took Denmark just minutes to scrap a ban on nuclear power that had stood for 40 years. The totemic change – rammed through in a parliamentary vote – passed with only a few murmurs from the country’s MPs, two thirds of whom supported it.
This week seems to be dominated by power generation pieces. The announcement in Ontario on Thursday has enormous implications for Saskatchewan, as we’re finally getting a price tag on how much four GE Hitachi BWRX-300 reactors cost. The cost is $20.9 billion, equal to the ENTIRE Saskatchewan 2025 budget. And we’re still very early on in the process, so there’s plenty of time for cost overruns. And we would need four, actually five, to replace our existing coal fleet of 1400 megawatts. The question before Saskatchewan will soon be can we afford nuclear? And if not, do we run coal – even perhaps expand it as our power needs grow?
Danielle Smith implies not necessarily separation, but separation if necessary. Smith throws down a citizen-led separation gauntlet in her demands Ottawa meet Alberta’s demands. Here’s her speech, verbatim. The video is embedded.
Before the Manitoba premier pulls out of US contracts, maybe he should have lined up a willing buyer? Because he really, really wants to sell power to Saskatchewan now, according to the press conference I listened to late Monday. Are we going to buy? Be sure to read his comments about neighbours paying mortgages…
I anticipate Canadian natural gas prices are going to go up as a result. Good for producers, great for Alberta and BC. Not so good for SaskPower, businesses and home owners who need heat.
Weekend Watch: How this $25 billion pipeline secures Canada’s independence. This is a fairly decent primer on the pipeline situation Canada is in, facing Trump’s disruptions.
Trump said he wanted to drop oil prices. Well, he just dumped about $8 in a couple days off a barrel. We’re now getting into the range where, if it stays there or goes lower, the Canadian oilpatch is going to be hurting, as will provincial budgets in Saskatchewan and especially Alberta, where they based spending on a price around $70 a barrel.
And here, we shall juxtapose
I’m not sure if I posted the first one, but I know I haven’t posted the second. Believe it or not, I am trying to show multiple sides of an issue. And I was at the RM of Weyburn meeting on Friday and will have a scathing column on that this week. Prepare for the flame war:
Pipeline Online editor and owner Brian Zinchuk joined the Evan Bray Show on Wednesday, April 2 to discuss pipelines, tariffs, carbon taxes, spring breakup and more. (This 2 minute clip is audio only.)
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