Metaneos

The Huffington Post Canada Some pretty harsh words. And accurate, too. What is the point of more pipelines? Their effect on the Canadian economy seems negligible, at best. At worst, they're sinkholes, employing some, but draining time, money, and manpower from other industries that'd be of more benefit to the Canadian economy as a whole. At some point, the Canadian government's simply going to have to give up on the tar sands. They're a money pit. Canada's days as an oil-producing nation are long over. There's more money being spent on the tar sands then Canada's recouping, now. And the days when barrels of oil were selling at or over $100 per barrel are never coming back.

CBC There seems to be a disconnect here from reality. Not matter how many pipelines are laid, oil prices won't recover because of them. No matter how much oil is wrung from the tar sands, it won't be enough to offset the fact Canada's economy won't recover any faster because there's no infrastructure to do so. We squeeze oil out of the tar, but we don't refine it. Whatever profit there is, we don't tax it. We don't have any industry to speak of to make use of our oil, anyway. Canada's a consumer nation. All our manufacturing, excepting what may even be less than the bare minimum to sustain a small workforce, has been off-shored. Canada can't react. Can't even act. Feet still. Pants around our ankles. Pipleline profits are a pipe dream. All they'll do is off shore more profits for the energy industry. One needs to question the motivations for Notley's government on this.