Global News on Nostr: Politics or economics? Revived Canada pipeline talks is ‘wishful thinking’: ...
Politics or economics? Revived Canada pipeline talks is ‘wishful thinking’: Expert
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U.S. President Donald Trump discusses American energy independence, impacting Alberta's oil export discussions; Alberta's energy minister Sonya Savage highlights the missed opportunity of the Northern Gateway pipeline, which could have transported 525,000 barrels of oil to Asian markets; Northern Gateway was approved in 2014 but vetoed in 2016 by the Trudeau government; Premier Danielle Smith supports reconsidering the project; First Nations leader Grand Chief Stewart Phillip initially supports reviving the project but later retracts; McGill professor Amy Janzwood states that reviving the pipeline is unrealistic due to economic and regulatory challenges; Enbridge has no plans to revive Northern Gateway; Canada’s oil exports are heavily reliant on the U.S., with 97% shipped south; Janzwood warns oil production in Canada could peak by 2026; Trump’s contradictory statements on oil production and tariffs create confusion for Canadian officials.
#Canada #Trump #Oil #Pipeline #NorthernGateway #Alberta #Energy #Tariffs #Politics #Economics
https://globalnews.ca/news/10975127/canada-pipelines-politics-trump-tariffs/
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U.S. President Donald Trump discusses American energy independence, impacting Alberta's oil export discussions; Alberta's energy minister Sonya Savage highlights the missed opportunity of the Northern Gateway pipeline, which could have transported 525,000 barrels of oil to Asian markets; Northern Gateway was approved in 2014 but vetoed in 2016 by the Trudeau government; Premier Danielle Smith supports reconsidering the project; First Nations leader Grand Chief Stewart Phillip initially supports reviving the project but later retracts; McGill professor Amy Janzwood states that reviving the pipeline is unrealistic due to economic and regulatory challenges; Enbridge has no plans to revive Northern Gateway; Canada’s oil exports are heavily reliant on the U.S., with 97% shipped south; Janzwood warns oil production in Canada could peak by 2026; Trump’s contradictory statements on oil production and tariffs create confusion for Canadian officials.
#Canada #Trump #Oil #Pipeline #NorthernGateway #Alberta #Energy #Tariffs #Politics #Economics
https://globalnews.ca/news/10975127/canada-pipelines-politics-trump-tariffs/