Monday, June 29, 2020

Kenny's wonder plan- simply not so!

Pipeline XL-East is to revamp an existing natural gas pipeline to move oil to Nova Scotia.  Irving oil will receive it and ship it by the ocean to supply Cushing Ill.  Same as the rail cars are now doing.

I haven't heard of any of the other provinces allowing it to cross!  Notably, Quebec who continues to refuse it.

The money to finance this will come from AIMCo again which shows how irresponsible the UCP actually are.

Why? So they can short shipments through the Transmountain pipeline as the US does not want us shipping off our west coast and there are no markets other than Cushing Ill. available to us on our east coast.

The thousands of jobs he is talking about will probably not be Alberta and will be in the hundreds.

The US is self-sufficient in oil supplies now!  This will simply be an exercise to drain pension funds.

Like his first two tries, this one has the political feature of pitting the Government CPP (Trans Mountain Pipeline) with the Alberta Government pension funds in Aimco (Energy East)

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