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.
Jim Warren: The Canadian Deep Green State. Do you think current bureaucrats believe in BANANAs? (build absolutely nothing anywhere)
The shark gets swallowed: Whitecap closes Veren (formerly Crescent Point) strategic combination. The company that pretty much defined Saskatchewan’s Bakken Boom, gobbling up over 30 companies (most of them in southeast Saskatchewan) is no more.
Pipeline Online Podcast: Ep. 9 E. Craig Lothian, CEO of Lex Capital.
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.
Poilievre’s key energy policy: a National Energy Corridor for pipe, power and rail. Here’s his speech, verbatim.
The reality is, we largely have a such a corridor already from Moose Jaw to a third of the way through Ontario. It’s Quebec and New Brunswick that are the issue.
And just a couple hours after Poilievre spoke, we recorded this with Andrew Scheer:
Pipeline Online combed through the budget so you don’t have to.
The biggest item for oil and gas is a new program meant to re-invigorate old, low producing wells by doing re-entries and drilling new legs on them of at least 500 metres. It will be interesting to see what the adoption of this program will be. I sure didn’t see it coming.
The story also does some digging into the goal of 600,000 or even 1 million barrels of oil production per day, and what the budget forecasts, which is essentially flat until 2029. There’s a big discrepancy there. Guess I better get back to working on my Reaching for a Million series and pump the ministry full of ideas before the next budget cycle.
I finally got around to publishing the back catalog of Pipeline Online Podcasts. Here’s Ep. 4 on getting paid. Slow pay/no pay has long been an issue in the oilpatch. Guest Chris Simeniuk talks about how to make sure your receivables are coming in.
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Poilievre’s key energy policy: a 
