April 11, 2018

Notley’s solution to "saving" embattled pipeline? Transfer financial risk from Kinder Morgan to Albertans

Sheila Gunn ReidRebel Host | The Gunn Show

Over the weekend, as news broke that Kinder Morgan suspended their non essential spending on the embattled pipeline from Edmonton to the BC coast, Alberta premier Notley floated the idea of partnering with the company to get past BC’s opposition to it.

But in the three days since, Notley is making an even more outrageous offer: Alberta could buy the Trans Mountain pipeline project outright and take the federal government as their investment partner!

Going into the oil biz with a Prime Minister named Trudeau? What could possibly go wrong?

Spending tax dollars on a project the private sector already funded on its own will not change the opposition at the other end of this pipeline.

Just ask BC Environment Minister, George Heyman. He said the “dispute over the Kinder Morgan Trans Mountain pipeline should be settled in court. If Alberta or the federal government invest in or buys the Kinder Morgan pipeline BC's approach won't change.”

Buying a pipeline with money we don’t have isn’t going to get Alberta social license from her enemies any more than Notley’s carbon tax did.

The opposition has already been bought and paid for by foreign entities - they don’t want our green tithings.

Social license isn’t real. It doesn't exist. But the financial risk being transferred from Kinder Morgan to Albertans is as real as it gets.

Comments
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commented 2018-04-13 14:09:53 -0400
Turn off the taps.

Now!!!!!!!!!!!!!!!!!!!!!!!!
commented 2018-04-13 02:07:15 -0400
Johann Coltrane NAMBLA is more of a left wing type of group , you should know Ontario is pushing for that kind of thing LMAO!
commented 2018-04-13 02:05:38 -0400
Johann Coltrane actually yes they did create this mess , the old PC party was corrupted, but nothing like this. And now Kenny has party of actual Conservatives , the old PC party will not live long. If oil prices are to blame then why did Texas and Sask prosper? Oil prices have been lower and we paid off debt when it was. Sorry to bring up FACTS to your little fantasyland of Toronto.
commented 2018-04-12 10:34:01 -0400
Crikey, what a terrible article with very laughable commentary. It wasn’t Trudeau or Notley that got Alberta in its mess. Forty years of meandering and wanton Conservative rule did it. It’s not like Albertans were shocked with the downturn in oil prices, it happened before. It was the fact that the PC Government was so bereft of ideas to address the fallout. Consequently, their base abandoned them to such a degree that the party collapsed. Now, out of a steaming pile of ashes and cow manure rides Jason Kenney in an ill fitting dress raided from his mother’s closet with tiny caucus in hand…and a bag of nothing but bluster and breaking wind. You can slap a coat of white paint on a newly branded party, but it’s still just the same old tired neoliberalism dressed in NAMBLA clothing. As for Notley, her testicular fortitude in the face of Federal intransigence and B.C. negligence is something else altogether. It is downright Lougheedian.
commented 2018-04-12 09:43:03 -0400
If Trudope and Nutly got their grubbing oil hating hands on control of a pipeline all the dollars would go to Trudope’s voting block Quebec…screw Alberta.
commented 2018-04-12 08:39:54 -0400
Hey turdo and nutly why not tax foreign oil. You know the 800,000 barrels a day shipped in by water to the East coast on uncle Pauls tankers. Put your up-stream down stream tax gender stuff on them.
commented 2018-04-12 01:51:59 -0400
Wrinkley and Goofy are jealous of Gazprom i see.
commented 2018-04-12 01:51:09 -0400
Can’t wait until these 2 C*nts are gone.
commented 2018-04-12 00:54:54 -0400
Biggest Canadian political joke of the 21st century.
commented 2018-04-11 22:56:51 -0400
Trudeau is off again to attend another useless meeting of the Americas in Peru, I’m sure all the world’s problems willl be solved there. What a bunch of clowns. He’s also trying to get his progressive agenda embedded in the China Trade deal, climate change, equality, gender rights, same old BS he tried with Nafta & I think still pushing, but China won’t have any part of it, so he better layoff with that stuttering jiberish. The NDP couldn’t even run a hot dog stand without going bankrupt, how the hell can they deal with a pipeline & it wouldn’t change anything at all, still have to deal with the BC clown Premier. It’s a darn shame the leaders have so few brain cells.
commented 2018-04-11 21:49:24 -0400
Kinder Morgan Nov. 6, 2015 $26.06 (KML.TSX)
April 6, 2018 $18.48 The day KLM announced they were fed up with dicking around.
Kinder Morgan (KML.TSX) closed today at $16.49.

And Notley’s idea of becoming the major shareholder or simply buying it or ???? Or worse, partnering with Trudeau and Morneau? Has she floated this idea to the Alberta taxpayer? How about the KML Board? How about KML investors? First I heard was in the news.

Who thinks this is a good idea? This idea coming from the same person who canned coal fired energy supply. Real business minded up there in Alberta Leg? Has any of her caucus or cabinet even run a business? Maybe two…..

Please UCP…. Do not get hooked onto this train wreck.
Let Notley, Trudeau, Butts, McKenna, Horgan, and Weaver get themselves out of this cow s__t mess which they have put themselves in. It was for political gain only. Let them wallow in it. Carbon Tax in exchange for pipeline approval? NUTS! ‘Cause a tax is going to stem off climate change? More nuts!! Al Gore himself congratulating Notley. I’m going to vomit. Cancel Energy East to satisfy Denis? This is truly ludicrous.

They should all be ashamed of themselves. UCP, do not take the bait.

BTW. Where is Trudeau? Did someone say he is in Peru? Well the Canadian farmers might be happy. Actually, maybe not.
commented 2018-04-11 19:23:28 -0400
Notley and Trudeau aka Dumb and Dumber!
commented 2018-04-11 19:19:35 -0400
Once again we the people take all the risk but receive none of the reward.!!
commented 2018-04-11 19:03:59 -0400
NDP and federal Liberals have to go. I’m ashamed that George Heyman was once my friend.
commented 2018-04-11 18:29:33 -0400
The only way out of this mess is for the NDP to get out and let a free enterprise government take over. The socialists are totally incompetent to manage anything and are simply destroying the Alberta, and by extension the Canadian economies. We need an Alberta election now!
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