After wide reporting that Jason Kenney’s poll numbers have been tanking and that he’s currently tied with the provincial NDP, it was predetermined that Kenney was going to have to start coming up with something new to blame the federal government about in order to whip his voter base into a new round of irrational anger. He also, apparently needed to provide some cover to his friend Erin O’Toole after O’Toole’s meeting with the Quebec premier, and so Kenney’s distraction of choice was going to be Energy East, and blaming the federal government for its demise. Of course, that’s not true at all, and energy economist Andrew Leach has the receipts.
The Premier, for one, should feel free to develop shipper support for a project and submit that project for regulatory approval. Without the repurposing of existing gas pipeline assets owned by TC Energy, he'll find his project to be more prohibitively expensive than Energy East. https://t.co/ZqAu7HhT5j
— Andrew Leach (@andrew_leach) September 15, 2020
If TC hadn't cancelled EE, would Alberta have taken on shipping commitments on KXL in addition to their 100k bbl/d commitment to EE? Not likely. Neither would other shippers. Shippers preferred XL, and TC had to pick one. They picked XL and AB and others backed it. https://t.co/8BntmTYViM
— Andrew Leach (@andrew_leach) September 16, 2020
Why would having to account for upstream and downstream emissions lead TC Energy to cancel Energy East and revive Keystone XL when they had to account for upstream and downstream emissions as part of their application for Keystone XL? That makes exactly zero sense as a narrative. https://t.co/8BntmTYViM
— Andrew Leach (@andrew_leach) September 16, 2020
Imagine you are an oil sands shipper. You have a choice between a pipeline to the largest heavy oil refining complex in the world or a more expensive pipeline to a port with one refinery that can't process much heavy crude. It's almost as if shippers might prefer making money.
— Andrew Leach (@andrew_leach) September 16, 2020
Take @jkenney at face value and assume that TC cancelled EE – which cost them billions that they could not recover from prospective shippers – because they were unwilling to report upstream and downstream GHG impacts from EE. How bad does JK think the GHG report would have been?
— Andrew Leach (@andrew_leach) September 16, 2020
Top 6 countries from which we imported crude in 2019: US (75.4%), Saudi Arabia (15.5%), Nigeria (3.5%), Norway (3.5%), Colombia (1%), UK (1%).
Aren't 5/6 of those (accounting for 85% of our crude oil imports) democracies? https://t.co/ohI8e4bauz
— Andrew Leach (@andrew_leach) September 16, 2020
It's almost as if the Premier of Alberta is trying to distract people from something. Here, look at this shiny thing. pic.twitter.com/oRP1aUo9sk
— Andrew Leach (@andrew_leach) September 16, 2020