A lot of Canadians rejoiced when Donald Trump approved Keystone XL, but that celebration should wait until we actually get the pipeline in place.
Unfortunately, this project still faces a huge road block from Canada’s federal government.
One reality being glossed over is the fact that Nebraska still has to approve the pipeline route at hearings requested by TransCanada scheduled for August 7th to 11th.
It’s clear to me the Liberal government has absolutely no interest in this project.
Consider what our Minister of Natural Resources, Jim Carr said in a CBC interview recently:
“Canadians aren't going to go down there and tell state legislators what to do. They have their own process. We'll respect that.”
And by “Canadians”, he of course mans the Liberal government.
Carr also said obstacles exist and that although we love Americans, we have to expand our market beyond the US because we export 98% of our product there. With this statement, Carr is banking on the fact that most Canadians don’t know the energy file.
While it’s true Canadian bitumen will be transported to US refineries with much of that product going to fuel American gas tanks, what Carr neglects to mention is the massive opportunity for Canada to enter the Asian market that’s almost certain to come once the pipeline is built.
Meanwhile, the US has increased their production and entered the market filling the space Canada could have taken years ago if only our government wasn’t busy fending off foreign funded professional protestors and progressive governments that are either in it for the money, or being played by governments working hard to make energy independence their reality.
I can’t see the federal government supporting this project - in fact, Carr makes it sound like he wants to fight against it.