Originally Posted by
zechs
I haven't been on here very long, but does this guy just make up reality?
There are two to three pipelines coming online in the next year or so. Alberta will have sufficient, cheap oil transport/export for the forseeable future, if not for the length of time oil is still viable. None of it reliant on Canada as all that oil is for export.
The Federal Liberals have done their darndest to drive capital not just out of Alberta, but Canada. The country is wholly inhospitable to resource development. So its unlikely we will see further large increases in oil production beyond the peak levels we have already seen, or through efficiency measures and current plant expansions.
If we have pipelines, pretty hard to restrict those (both in the literal sense, as well as by the laws of countries). And with the $10-$20bil a year not being shipped out of province of tax resources, we can likely chase that holy grail of "diversification" that the left loves so much through government interference/spending.
.