• 2 days Court rules DOE to implement Obama efficiency rules
  • 5 hours DOA to invest $6.5M in coal industry
  • 6 hours US to hold largest oil and gas lease sale in its history
  • 1 day Tillerson Seeks A Deal With Erdogan On Syria
  • 1 day White House considering steel and aluminum tariffs
  • 2 days Iraq Seeks $100 Bln to Rebuild Economy
  • 2 days Allegedly the Search For Aliens is Struggling Thanks to Cryptocurrency Mania
  • 4 hours New Rules to Phase Out Coal and Reduce Natural Gas in Canada
  • 2 days Amazon reaches $1.2 million settlement with EPA over illegal pesticide sales
  • 5 hours White House Not Even Close to Regulating Bitcoin Yet
  • 1 day U.S. Bancorp hit with $613M in penalties
  • 5 hours Experts said US losing ground to China on AI
  • 2 days Australia's solar power boom to double in a year
  • 2 days US intelligence warn against Chinese phones
  • 2 days Electric Buses to Reach Half of World Fleet by 2025
  • 2 days How Good Is Putin's Word?
Venezuela’s PDVSA Faces Mass Exodus Of Workforce

Venezuela’s PDVSA Faces Mass Exodus Of Workforce

PDVSA, Venezuela’s state-owned oil company…

IEA Warns Of New Oil Glut

IEA Warns Of New Oil Glut

In its latest Oil Market…

Canada Oil Group Tells Alberta, B.C. To Get It Together

Oil rail

The Canadian Association of Petroleum Producers is against the politicization of the conflict between the governments of Alberta and British Columbia concerning the latter’s unwillingness to accept the Trans Mountain oil pipeline expansion projects.

Responding to comments made by the leader of the Alberta United Conservative Party, Jason Kenney, CAPP’s head, Tim McMillan, said "We want to see the politicization mellowed on all sides. Any time that trade issues get ramped up and there's a politicization of them, people get injured, businesses get injured. Our hope is that the elected leaders can find a path through this.”

The comments McMillan was responding to included Kenney’s suggestion that Alberta stop shipping crude oil to British Columbia, and that it cut the amount of natural gas that flows into B.C. from Alberta before export to the United States.

Kenney argued that if British Columbia wants to put obstacles in front of new energy projects initiated by Alberta, then it basically doesn’t deserve the revenues it generates from existing energy projects, including the Trans Mountain pipeline.

CBC News notes that if Kenney somehow convinces the Alberta government to stop shipping oil and cut the gas shipments to its western neighbor, it won’t just raise prices at the pump across B.C. It would also result in increased tanker traffic along the B.C. coast—something that the province’s government has spoken firmly against.

Related: Iran Could Add 100,000 Bpd In “Five Or Six Days”

Alberta’s Chamber of Commerce chair, Janet Riopel, also spoke against the trade war between the provinces, noting that any sort of ban would have a negative effect on the business climate in Alberta, and it is already a tough one to operate in, especially for the oil industry.

For McMillan, however, the impact of the conflict reaches further than just Alberta. It is a problem for the whole of Canada, he argued, dampening investor confidence and hurting the country’s reputation. "We're getting a reputation around the world as a country that can't get things done," he said. "We're losing investment to Iran, and that's hard for Canada to hear."

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News