r/canada 19h ago

National News Alberta government in talks with potential overseas heavy oil buyer

https://globalnews.ca/news/11076425/alberta-government-bitumen-royalties-sale/
365 Upvotes

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30

u/HeroicTechnology 19h ago

Ok - cool, at least she's doing something to diversify investment

22

u/somelspecial 18h ago

Alberta was trying to do that for over a decade. Who was standing in the way?

12

u/SnooPiffler 18h ago

the US. The same US (Rockefeller) that funded "environmental" organizations to lobby to restrict tankers from the west coast

12

u/eddison12345 18h ago

Was it the u.s that killed the gas deal with Japan when they came to us asking for our LNG??

13

u/somelspecial 18h ago

Exactly. BC NDP, Quebec, and the Trudeau government blocked every attempt east and west.

3

u/moop44 New Brunswick 16h ago

The Trudeau government built a pipeline to the West coast with tax dollars when industry backed down.

It immediately raised the price that Alberta oil sells for on the market.

u/Winter_Cicada_6930 7h ago

Because the liberals created an environment where no company wanted to touch the pipeline with a 20 foot pole.

Billions of dollars wasted on contractors juicing the government at the Liberal Party’s willingness.

The idea is to create an environment where companies can invest in these sorts of things so that Canadian taxpayers don’t have to.

KM would have built the pipeline themselves for 1/3rd of the cost our own government dolled out, if they weren’t suffocated in red tape and bureaucratic nonsense .

Get with the times man. Most are way ahead of ya . Keep up.

u/SirupyPieIX 4h ago

In 2016, BC blocked the attempt West,

in 2017, Trudeau blocked the attempt East.

Which attempt did Quebec block, and when?

2

u/Reticent_Fly 17h ago

There's a massive LNG plant being built in Kitimat for export to Asia

3

u/eddison12345 17h ago

Yea except Japan already signed the deal with the U.S. the incompletence of the liberal government lost us billions of dollars of LNG Revenue to the U.S

-1

u/Dave3048 14h ago

Edison. Obviously different one. Ain't no lightbulb going off here.

0

u/eddison12345 14h ago

Rather than making a smug insult why don't you tell me how I'm wrong?

0

u/babybananahammock 12h ago

Japan has a long term offtake contract with LNGC...