The big questionForget about BIR for a moment. The big question is whether to buy nat gas or oil stocks.
My answer is that I have seen crocodiles in the Panama Canal. In 2004 my wife and I were on a 2 week vacation through the Panama Canal, cost about $10,000 (can't do that today). And when we got to the big lake at the middle of the canal it rained monsoon like and then would stop and be sunny for short time and then rain again and again. That's how the canal works. Free rain fills the lake whose water is then released into the locks of the canal in each direction to raise and lower ships. Well that rain isn't happening anymore. Hundreds of ships are backed up waiting to get through. Many are LNG ships from the Gulf. If they have to go around the tip of South America the cost will sky rocket for Gulf LNG transport costs.
So, I know Trudeau is a little slow, but come on man, the cost advantage of shipping LNG from the west coast of BC is tremendous. The pipeline is built and those LNG plants are on the way.
Oh ya, go BIR