Author Topic: Canada's cheaper, cleaner and lower-risk oil can rival a resurgent Venezuela, Carney says  (Read 53 times)

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Offline 240B

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Canada's cheaper, cleaner and lower-risk oil can rival a resurgent Venezuela, Carney says

CBC
Peter Zimonjic
Jan 06, 2026



Prime Minister Mark Carney says he's not worried about the prospect of increased oil production from Venezuela challenging Canada's energy exports because Canadian oil is cheaper, cleaner and lower-risk.

Carney made the comments at a press conference in Paris on Tuesday after being asked if he was concerned that U.S. President Donald Trump's play for Venezuelan oil this week increased the need to speed up the construction of another bitumen pipeline from Alberta to the B.C. coast.

"Canadian oil will be competitive because it is low-risk, clearly low-risk, low cost — the marginal costs, there's been huge progress on getting down the costs, and low carbon, which is what the Pathways project carbon capture will bring," Carney said. 

"That makes Canadian oil competitive for the medium and long term," he added.

(more)
https://www.cbc.ca/news/politics/carney-venezuela-oil-trump-competition-9.7022452
You may find 'nobility' in a savage. But never forget that his first instinct is to kill you.
You cannot "COEXIST" with people who want to kill you.
If they kill their own with no conscience, there is nothing to stop them from killing you.
Rational fear and anger at vicious murderous Islamic terrorists is the same as irrational antisemitism, according to the Leftists

Offline Smokin Joe

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We might have been importing 800,000 BOPD of this, had Biden not shut down the Keystone XL Pipeline project on day one of his term with an EO (not to mention the 11,000 jobs he killed directly in doing so, and thousands of spin-off jobs that would have supported the construction efforts indirectly).
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis