Trudeau: TransCanada Axed Energy East Pipeline Because It Was Just Not Profitable

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
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As mentioned, US oil is already flowing north.

Enjoy making American great again.

I don't care for Trump BTW.

Enjoy pretending this project was profitable.

 

petros

The Central Scrutinizer
Nov 21, 2008
117,629
14,363
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Low Earth Orbit
Fine by me.

You can cheer on the trade deficit and negative impact on GDP all you want but if you bitch and whine about trade deficits or GDP it will come back to haunt you big time.
 

Murphy

Executive Branch Member
Apr 12, 2013
8,181
0
36
Ontario
I'm detecting anger and frustration, Cliffy. In the east, we have adequate supplies. BC on the other hand, will do as it is told, as will you. :lol: lol

You have no control.
 

Murphy

Executive Branch Member
Apr 12, 2013
8,181
0
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Ontario
He complains about everything. He's an angry, bitter old man. He did that to himself.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
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Vancouver Island
It's truly a shame that it's this easy to destroy you guys but



https://tradingeconomics.com/commodity/crude-oil


It's Just Not Profitable.

You should look at your link. Nowhere in there does it say Energy East would not be profitable. It just is a waste of money to fight Ontario and Quebec when the US$ is closer and willing to buy even if the price is somewhat discounted.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
You should look at your link. Nowhere in there does it say Energy East would not be profitable. It just is a waste of money to fight Ontario and Quebec when the US$ is closer and willing to buy even if the price is somewhat discounted.

The pipeline would be a waste of money you say.



BOOM!!

Yes, that just happened
 

OpposingDigit

Electoral Member
Aug 27, 2017
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My own personal conspiracy theory leaves me thinking that the price of oil is going to drop significantly.

It was only 3 or 4 months ago that the Crown Prince of Saudi Arabia locked up all the billionaires in the country and demanded funds from them because the country needed money.

And just a few days ago, Saudi Arabia is on a buying spree for billions and billions worth of weapons.

I am thinking that Saudi Arabia will agree to keep the price of oil low in order to further damage the Russian economy and in return, Saudi Arabia will get all the weapons it wants for free.

And the Canadian economy will pay the price.