With just six months left on the job, Alberta’s socialist premier has convened three “experts” to solve the oil price crisis plaguing the oil patch.
While oil prices have rebounded in the rest of the world, Western Canadian Select remains at rock bottom, trading at a $40 per barrel discount.
But Premier Notley knows how to fix this, the same way she fixed the unemployment epidemic; hire more bureaucrats! It seems to be her solution to all that ails us.
Notley’s three new special envoys are supposed to focus on creating more domestic upgrading and refining capacity which is a solution in search of a problem.
Canada doesn’t need refineries. We need pipelines to tidewater, to the United States, to everywhere.
According to a February Scotiabank analysis, pipeline constraints were conservatively estimated to cost the Canadian economy 15.6B this year alone.
Besides, how does Notley propose we move all the newly refined gasoline and jet fuel without a pipeline?
By focusing on upgrading rather than export pipelines, Notley tipped her hand revealing that she's not really all that interested in solving the oil price disaster.
But Notley has another tell. Her new hire, or rather re-hire of Toronto based anti-fossil fuel NDP activist Brian Topp, gives away Notley’s true intentions for the oil patch.
It’s been a while since we last talked about Topp, so today, I’ll give a crash course on who exactly Notley has just put in charge of Alberta’s economic future.