Call it Energy East 2.0, but kinda sorta, not really. There’s no Moosomin on-ramp like Energy East. It doesn’t make it past the Quebec border, yet. But it could possibly have offshoots to Churchill and maybe James Bay. This is the Saskatchewan perspective story on this pipeline
TMX 2? Trans Mountain 3? West Coast Pipeline to parallel existing Trans Mountain route, foregoing northern ports. In a case where going with the devil you know, the newly proposed West Coast Pipeline is expected to follow most of the Trans Mountain Pipeline right of way – you know, the one that saw TMX go from $7.5 billion to around $34 billion.
It turns out if the NDP wants your job to disappear, they don’t get your support. Imagine that? As in, if they want your house to lose half or more of its value, you to lose your job, and would rather spend money on gas from Alberta or wind and solar, what would you think?
Stampede Drilling, originally founded in Estevan, is sending a drilling rig to Greenland, yes, Greenland, to drill for oil. This is about as wildcat as you can possibly get, in one of the most inaccessible and hostile places on the planet.
This is NOT an April Fool’s joke, either.
(For those unfamiliar with the term, wildcatting means drilling for oil or gas in an area not previously developed. It’s a highly risky venture.) https://glossary.slb.com/terms/w/wildcat
Weekend Watch: The Iran War Expert: I Simulated The Iran War for 20 Years. Here’s What Happens Next.
While watching this, consider if the Iran War does become a forever war, what will it’s impact be on oil production, delivery through the Strait of Hormuz or lack thereof, the world economy, Canadian and Saskatchewan oil production could be profound and last years? Could this lead to a global recession, but good times for our oilpatch? Remember the $147 WTI barrel of July, 2008, led to the global financial crisis that September. Some of us are still bearing the scars of that.
Two Westinghouse AP1000 reactors at Vogtle. Cameco photo
Saskatchewan is the battleground between the AtkinsRealis (SNC-Lavalin/former AECL) CANDU reactor and the Cameco/Brookfield-owned Westinghouse AP1000 reactor. I’d digging as deep as I can to provide context for Saskatchewan decision makers who will be making this decision. In recent weeks I had two podcasts on the CANDU. This is the first on the Westinghouse. What’s really significant here is the Westinghouse ownership is now fully Canadian companies, even though the design is American. And in November or so, Trump’s administration said they’d build 10 of them.
Pipeline Online Podcast Ep. 31: Dr. Grant Isaac, Pres. & COO of Cameco on SK buying Westinghouse reactors. There were technical difficulties which shortened our time, so we’re going to take another run at it in the near future.
It turns out Pipeline Online isn’t the only one to use a Timbit as a unit of monetary measure. Maybe they got the idea from Pipeline Online? Here’s the Canadian Press story:
Should Saskatchewan buy the CANDU reactor when it comes to building large-scale nuclear in this province? Carl Marcotte Senior Vice-President, Marketing & Business Development at CANDU Energy, part of AtkinsRealis, makes the pitch. Building large reactors will only be the largest, most expensive decision made by this province for generations.
Things have been looking really bleak for southwest Saskatchewan’s oilpatch. If this were a medical drama, this would be where the doctor puts the paddles on the dying patient’s chest, yells, “Clear!” and shocks the patient.
We might have just seen a little blip on the heart monitor with this land sale.
And yes, it is that bad. Most oilfield services in that region have either shut down or are barely hanging on. I spent an hour yesterday talking to the owner of several businesses in that area.
Natural gas and coal kept Saskatchewan’s lights on during frigid weather. As in, nearly every furnace in this province saw its fan running as a result of natural gas and coal, right when we needed it most.
Also: Bronwyn Eyre inaugural recipient of new award for Canadian champions of freedom. She happens to be cohost of the Pipeline Online Podcast and a regular columnist.