Discussion about this post

User's avatar
Neural Foundry's avatar

The reliability comment is a fair criticism honestly. Canada talks about being an energy superpoweer but then can't get infrastructure built or keep it running consistently. For a company like Suncor Energy, this creates so much uncertainty, they've got all this production capacity from the oil sands but then face pipeline shutdowns or export restrictions. India is looking at energy security from a pracical standpoint, they need suppliers who can deliver reliably for decades. The political drama around pipelines and LNG terminals in Canada really undermines our ability to be taken seriously on the global energy stage. If we want to compete with Russia, Middle East suppliers, or U.S. producers for Asian markets, Canada needs to get its act together on approvals and infrastructure. Otherwise companies like Suncor are just stuck selling at a discount to U.S. refineries insted of accessing premium Asian markets.

Expand full comment

No posts

Ready for more?