Latest / Shane Hewitt and The Nightshift
NEW - The Business Case Canadian Oil Just Showed (AGAIN!)
Shane Rants:
Canadian energy self-sufficiency has an argument and right now you are paying it every time you fill up. Diesel was $1.20 a litre not long ago. This week it crossed $1.99 in parts of Ottawa. The Strait of Hormuz, a 33-kilometre opening at the mouth of the Gulf, is blocked. A thousand ships are anchored. Lloyd's of London is refusing to insure them. The oil Canada imports arrives through that strait by ship into Montreal's ports.
Think about what it means that Canada produces oil and still imports it. The previous prime minister said there was no business case for LNG…
The skinny
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