RE:RE:Good Bye Line 5Thats pretty naive thinking. it will take all summer to work out the logistics to replace those lost barrels. As an Albertan I'm torn. Part of me is gleeful that maybe Eastern Canada will experience some hardship and maybe wakeup to the importance of Alberta's oil industry. Michigan is only looking after its best interests just like Quebec does. Shame on this country for blocking energy East pipeline. Unfortunately those barrels of Oil on line 5 come from the prairies and the industry will once again suffer if line5 gets shut down. no egress means less production.
My bet is that it doesnt get shut down though. its all political postering. the tunnel project will resolve all fears except from the biggest fanatics. either way markets hate uncertainty and this next week should be rocky. will be buying SU on the dips myself.