“If we ramp up production here, you’re going to have an issue of getting it out to the world market,” said Tom Pavic, president of Sayer Energy Advisors in Calgary.
“The United States is clearly looking for alternate sources of crude oil, as indicated by the talks with Iran and Venezuela,” said Kristina Hooper, chief global market strategist at Invesco. “Given Canada’s close alliance with the United States and its robust production of crude oil, it would be a natural source of increased production,” she added, noting that Canada increased its exports to the U.S. last year.
financialpost Why would companies invest in Canadians oil when Canada can’t get its oil to market , the proposed pipe line to the USA and Eastern Canada were turned down , not much good to increase production if you can’t get your product to market .
financialpost This will hurt the anti science crowd’s feelings.
financialpost environmentca EurasiaGroup
financialpost Of course not. This is accelerating Justin's wet dream of a country where nobody drives cars and and everyone rides bicycles