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@BradleySumner @FairQuestions It wasn’t oil sands companies foreign founders went after; highly regulated, good record of approval.
Foreign funding explicitly went after pipelines, figuring
(a) only had to cause problems in one or two locales along route;
(b) they could bottle up production
Foreign funding explicitly went after pipelines, figuring
(a) only had to cause problems in one or two locales along route;
(b) they could bottle up production
@BradleySumner @FairQuestions You are correct, pipeline companies were unprepared for grassroots battle. Foreign funders dressed up as local grassroots orgs; blocked four pipeline projects (1 new, 3 expansions):
- Energy East (conversion)
- Gateway (new)
- Keystone (XL extension)
- Trans Mountain (expansion)
- Energy East (conversion)
- Gateway (new)
- Keystone (XL extension)
- Trans Mountain (expansion)
@BradleySumner @FairQuestions Nonetheless, Canadian oil production, transmission, export all grew steadily.
Production:
• 1989: 1.5 million barrels/day
• 2007: 2.5 mm bbl/d
• 2017: 4.2 mm bbl/d
• 2018: 4.5 mm bbl/d est
Exports to USA:
• 1997: 571 mm barrels
• 2007: 896 mm bbl
• 2017: 1.5 billion bbl
Production:
• 1989: 1.5 million barrels/day
• 2007: 2.5 mm bbl/d
• 2017: 4.2 mm bbl/d
• 2018: 4.5 mm bbl/d est
Exports to USA:
• 1997: 571 mm barrels
• 2007: 896 mm bbl
• 2017: 1.5 billion bbl
@BradleySumner @FairQuestions So the foreign founders made our lives tougher...they pushed more oil onto trains, they cost us money and aggravation, they created pipeline capacity scarcity which hurt prices.
But they did not block oil production or exports: those are the highest ever.
But they did not block oil production or exports: those are the highest ever.
