New Anti-TMX Strategy: Remove Pipeline Insurance Coverage

August 12, 2019 Leave a comment

First they said all the whales were going to die because of oil tankers, but then we looked at the marine traffic data and saw the increased tanker traffic was irrelevant compared to the total traffic (from ferries and other tankers and transports). 
 
Then they tried to tell us that Alberta oil was entirely uneconomic, that Asia didn’t want it, and oil companies would wind up with all these “stranded assets” because by golly any day now the world is going to stop using oil altogether. Of course, the idea of eco-radicals providing investment advice to protect oil producers from themselves is laughable.
 
Now they’re saying the TMX is just plain uninsurable, so the insurance companies would be making a bad financial decision to insure it. These people are idiots. The insurance industry is not going to abandon a Crown corp whale of a client for the sake of these morons’ and their ignorant opinions. 
— Read more at the Calgary Herald —
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Filed under Alberta, CMR, Environment, Oil, Oil Sands Tagged with , , ,

Notley Will Buy Trans Mountain Pipeline from Kinder Morgan?

April 10, 2018 Leave a comment

Notley’s stupid schemes just keep getting dumber and dumber…

Not only because Alberta’s treasury is empty…

But for anyone who thinks big pipelines are scary now, wait until the government owns them!

If Kinder Morgan can’t build the pipeline why should the Alberta taxpayer bail them out? Does that not simply put the taxpayer on the hook for major financial damage if Trans Notley Pipeline wallows in limbo forever?

The opposition facing Trans Mountain doesn’t go away if Notley buys the pipeline or loans them money.

What an outrageously bad idea.

Rather than half-baked schemes like buying the pipeline or banning BC wine imports through the provincial wholesale monopoly, perhaps Notley should turn her sights on Ottawa and ask why the province pays nearly $30 billion more into confederation than we get back each year when Ottawa and other provinces are blocking market access for one of our most important products?

 

 

Filed under Alberta, British Columbia, CMR, Energy, Oil Tagged with , , , ,

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