Alberta Premier Danielle Smith says the war in Iran underscores the need for a new pipeline connecting her province’s oil reserves to the West Coast.
The threat of shipping disruptions have seen global oil prices jump since American-Israeli attacks on Iran over the weekend.
Smith says any disruption in the Strait of Hormuz, a key oil choke point at the mouth of the Persian Gulf, only underscores the need for a new pipeline that could bring her province’s pivotal export to Pacific shipping lanes.
She says if the uncertainty continues, it only demonstrates that the world and Canada’s trading partners need to have a stable source of supply.
Depending on how much market volatility is to come with one month left in the province’s current fiscal year, Smith says her government’s expected $4.1-billion deficit could shrink.
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Last week, her United Conservatives projected a $9.4-billion deficit for the coming year based largely on sluggish oil prices.
Tell Smith to her poisonous, tar sands oil on the AB side of the BC /AB border. Let’s keep a beautiful BC.
Phooey on Albertas Premier… Indigenous Lands and Chiefs in BC have a say BC people do want ships spilling oil off our Pacific Coast as in the past . She knows that a non Government Company would have to Finance that kind of deal so these things in place are NOT going to happen. There is a pipeline in place already . One is bad enough, but two for Albertas Premier …who seems to condone Alberta leaving Canada … as if Seniours there would count on Alberta to fund their Pensions just as an example of her idiotic thinking? Shake the nuts and bolts out of your head woman!
More importantly, Carney making deals with India, without a method of delivering oil and gas.
As usual Liberals have a golden opportunity, and screw it up.
Danielle Mini-Trump wants a new pipeline to the coast, but no-one wants to build it. Not the pipeline companies or the oil companies or anybody else.
Yes, all that bitumen that is dirty and needs heavy refining.
If we’re lucky, the LPC will approve another pipeline in a decade or so. I guess my 2-finger typing is too fast for the Global mods.