RE:BanksAndrewWiggin wrote: Can anyone explain to me why Trudeau and his crew would spend $34 billion building a pipeline and call then call on banks to stop financing so much oil and gas exploration??? What do these fools think is going to be shipped in their pipeline?
Well, right now TMX is loading 22 ships a month...oil sands operators expect to increase production from existing mines and plants by 20% over the next two years now that there is available pipeline capacity. These mines have several decades of production ahead of them....then there's all the possible future in-situ projects where the overburden is too thick for mining...AND companies keep drilling wells in the rest of the oil patch as well. THAT'S where the oil is going to be coming from. Does that answer your question? (???)