Smart Links 17 December 2012
Commentary on Canada’s oil price discount, why Canada is a good place to export natural gas to Asia, how Canada stacks up to the US, and Tom Mulcair's focus.
Pipeline suffocation and lack of strategy creates huge price differential for Canadian oil.
Financial Times -- Canada’s oil now the cheapest in the world
Canadian oil has become the world’s cheapest crude due to a combination of surging production, lower demand due to refinery maintenance and a chronic shortage of pipeline capacity that has created a glut in the oil-rich province of Alberta.
Quote worth noting.
“With more crude from the oil sands flowing and pipeline capacity unchanged, Canada is likely to remain the bargain basement of the global energy industry.”
The case for more pipelines. A new National Policy for Canada?
But according to this analysis the politics of natural gas export are better for business in Canada than the United States.
Financial Times -- Why Canada is better bet for gas exporters
North America presents companies seeking to export natural gas to Asia with an intriguing conundrum: do they put their faith in the US or in Canada?
And Canada is better here as well. Thanks to Robin of Victoria.
National Post -- Every one of the ailments we imagine ourselves to be suffering is a reality in the U.S.
It was perhaps the most shocking headline ever to appear in the Toronto Star. “Income gap isn’t growing,” it ran, citing a “TD bank report.”
Tom’s first step.
Toronto Star -- Tom Mulcair entrenches the NDP as alternative to Conservatives
Tom Mulcair knows the first rule of the political battleground is never underestimate your adversary.
“I’m going to run the next campaign, visor-up, straight on about sustainable development, about the obligation for any government to look at the environmental, economic and social impact of every decision they make.”
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