adespoton comments on Carney, Smith reach energy agreement that could see pipeline construction start in 2027

Carney, Smith reach energy agreement that could see pipeline construction start in 2027 (www.cbc.ca)

submitted 2 months ago by grte@lemmy.ca to c/canada@lemmy.ca

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[–] adespoton@lemmy.ca 17 points 2 months ago (2 children)

Here’s a question: why doesn’t Alberta invest in a refinery or two? Instead of extracting oil and selling it internationally, they could extract it, refine it, and sell it in-country.

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[–] TheBloodFarts@lemmy.ca 10 points 2 months ago

Or literally anything else. Moron leadership for decades squandering an inherently finite resource rather than reinvesting the revenue and helping the province prosper indefinitely

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[–] tleb@lemmy.ca 3 points 2 months ago (1 child)

For the exact same reason a pipeline will never be built... O&G is on the decline so these 5-10 year projects simply won't make enough money to justify it.

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[–] adespoton@lemmy.ca 5 points 2 months ago

That’s what people said before the last pipeline was built through BC. The federal government bailed it out and it got built anyway.

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