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.
That doesn’t seem like a good thing to be pointing out right now, regardless of whether it’s true or not.
Anyone know how our clean oil exports compare to our oil sands exports?
I assume I missed the /s on this. They are obviously not clean. He is talking about carbon capture to offset it.
It is like Carney is inviting Trump to occupy us to fully control our oil
They already fully control it. If the tap gets shut off, we get invaded.
It’s worse than that. He’s trying to spin it as beneficial to us because we’ll beat them with our cleaner oil…somehow. You know, because people who shamelessly pillage other nations for their resources are going to care about our cleaner oil.
Cheaper is a straight-up fabrication. It’s not going to be cheaper to refine our sandy crude than it is for Venezuela to do a shittier job of refining their own oil. Especially when you consider that colonial powers usually don’t care about externalized costs like environmental damage, or death/injury to the locals that are
enslavedtasked with extracting/refining the oil.And lower risk? In what way? Oil tankers require a bit more effort and commitment to damage/destroy than overland pipelines do.
Carney manages to look inept in three different ways. No matter how you slice it, this ain’t the guy you want at the helm when we’re under threat. I wouldn’t be surprised if this was always the game plan. Just 'cause the party’s called “Liberal” doesn’t mean the guy running it is, and given all of the weak, appeasing language he’s used regarding this catastrophe, it wouldn’t surprise me if paving the way for annexation is his real goal.
And lower risk?
That is his only point. A sustainable Venezuela society is one where the state gets a large share of revenue and control over oil. It is unlikely for Trump to provide the Venezuelan people with that formula, which is why Chavez came to power in the first place. But stealing oil for a few years will still undercut tar sands potentially.
Eat shit, Carney!
Canada needs to expand its military defenses and allow for an armed populace trained for insurgency. The gun bans of the last 6 needs to be done away with and allow for specialized units that are trained for urban and rural warfare against an occupying force, and who they are is top secret.
I am a licensed Canadian gun owner and I regrettable need to say that it is very possible that your average US cop has a list of Canadians with PAL and RPALs, and that is no good.
Gee, imagine if the Venezuelan populace had been armed last weekend.
They are. They probably handed Maduro over and Trump made it look like it was some hotshot operation in order to save face.
I was wondering how seriously to take your analysis. Thanks for clearing that up.
Fuck you and your oil.
low carbon
complete BS. tar sand oil is dirtiest in the world.
low cost
doesn’t compete with free. Either US or Venezuela (through lower royalty rate) tax payers will gift US companies the oil, followed by Canada/Alberta reducing their tax/royalty rates because fuck the planet.
Carney’s cheerleading of Venezuela war/coercion, on the forever baseless but repeated until everyone seems to believe, that Maduro didn’t win elections because US/CIA didn’t want him to, is simply sycophancy that exposes Canada to be liberated from our death panel government healthcare, and as our Parliament’s standing ovation in memory of the great humanist Charlie Kirk shows, we need freedom and prosperity annexation because we just hate America and love abortions.
Meanwhile China is exporting more green energy technology than the US is exporting Petroleum.
China IS exporting more green energy technology. How many companies/casinos has Trump bankrupted??
But isn’t that the point ?
The Venezualan heavy sour crude needs a lot of refining which creates jobs (at least in the construction phase) in Louisiana.
Of course the processing is spectacularly filthy and coastal land is expensive in the US so it would probably be built in Venezuela but it will be years before anyone finds that out.
They already have the refineries they need for Venezuelan oil. They are processing Canadian oil now.
This frees the US up from relying on a northern neighbour that won’t do what they are told.
Canada better get started diversifying.
So what they’re saying is Alberta separatism is still on the table.
I’m pretty sure MAGA Smith is their pawn getting played here, so very much yes.
