Friday, April 27, 2018

Hopes of solving Trans Mountain impasse dim as B.C. seeks new powers to curb pipeline | Financial Post

Hopes of solving Trans Mountain impasse dim as B.C. seeks new powers to curb pipeline | Financial Post:



'via Blog this'



With all of the politicians slow-walking the Trans Mountain looping project into oblivion they will bring the country to crisis that will hurt everyone in the pocket book particularly if you live in British Columbia.  Horgan the Premier of the NPDP/Green coalition government, can be happy with the short term result, the Kinder Morgan project will wither and be cancelled because of the slow-walking by the Feds and the Province. 



The Greenies in Quebec managed to kill Energy East  using this game plan, but western Canadian oil wasn't critical to their energy supply they already buy all of their crude at tidewater or the US.  Their only pain is that they have to pay Brent for their imports but they remain smug that they don't rely on les anglais for their crude oil supply. 



British Columbia is another matter.  If things continue to degenerate the NDP government of BC will force the NDP government of Alberta to ratchet up the dispute by cutting exports to BC.  It's nice to see the internecine fight start.  It is however kabuki theater, meaninglessness action  The exception is the price of gasoline. This is going to cause gasoline prices to spike in the Province (regular in Fernie is already $1.40/Litre) which won't cause the BC NDP to change it's policy but it will give the citizens of the oil producing provinces the pleasure of watching the west coast luddites really  pay to drive their cars.  Will we see $2.00/Litre in Vancouver and the lower mainland?  Get the popcorn and enjoy the show.



J

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