Court Ruling Delaying Keystone XL Pipeline Another Devastating Blow To Canada’s Oil Industry

Canada’s oil industry – already having to fight against our own government here at home – faces another massive setback after a ruling by a U.S. federal judge in Montana.

Canada’s beleaguered oil industry is facing another brutal setback.

A U.S. federal judge in Montana has issued a ruling that will delay the pipeline, which was supposed to be a key part of getting Canada’s oil to markets.

With pipeline construction in Canada being ground to a halt through a combination of over-regulation and foreign influence operations attacking the industry, getting Keystone XL finished would have been a rare bright spot.

But now, it’s blocked.

As noted by Bloomberg, “Any potential setback will make other projects, including Enbridge Inc.’s Line 3 expansion and the federal government’s Trans Mountain expansion project, all the more crucial for the industry. Delays also may send TransCanada back to oil producers or Canada’s government for assurances that the trouble of trying to push ahead with the pipeline will be worthwhile, according to Royal Bank of Canada’s Robert Kwan. “There is a clear economic need for the project and we wonder whether TransCanada will choose to pursue the project with a stronger backstop from shippers and/or various levels of government,” Kwan said in a note.”

Keystone XL delays wouldn’t be so devastating if the Trudeau government was supporting Canada’s energy industry. But it’s not.

Instead, the government has done the bare minimum to pretend they aren’t against Canadian oil, while imposing regulations that make pipeline approvals nearly impossible, and rejecting pipelines the industry and our country badly needs.

As a result, billions of dollars of investment has fled the industry, and it’s only getting worse as the Trudeau government continues putting their boot on the neck of Canada’s oil producers.

Spencer Fernando

Photo – YouTube

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shawn harrisDelalan skelhorneKen (Kulak)Catanddog Recent comment authors
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NancyW
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NancyW

Even though most of us cannot afford this U.N. run LIEberal puppet government, if they are forcing the foolish money grabbing U.N. Paris accord maybe we should be demanding that all this returned tax money goes to the Conservative Party as they support the oil industry and Canada or someone else (Spencer or Doug Ford) we can trust to have them build refineries here in Canada, so we can support ourselves and be able to drive and keep warm, until the Conservatives get in and cancel this hated unaffordable carbon tax, then the hated carbon tax would at least be… Read more »

Catanddog
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Catanddog

Spencer, please explain why Montana/Federal judge made this ruling? Thanks……….

Ken (Kulak)
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Ken (Kulak)

President Trump was asked about this court ruling just before boarding the aircraft for Paris and he said the ruling would be appealed and taken to the Supreme Court if necessary. FoxNews also said, source unknown, that Trump might use an executive order to overrule that Obama appointed judge.

alan skelhorne
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another judge, really.

Del
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Del

This American judge might be related to the idiot that illegally stopped pipeline construction because the envirofascists claimed there wasn’t enough “meaningful consultation”, whatever the hell that means.

What is the legal definition of “meaningful consultation”? We are being punished by the various Provincial and Liberal Carbon Taxes, brought in without ANY “meaningful consultation”. Why aren’t they cancelled? Cash flow?

shawn harris
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shawn harris

If you believe what these foreign funded environmentalists say, then there can never be enough environmental reviews. Because it is never about saving the environment or preventing climate change or reducing the levels of carbon in the air, it’s all about power and control over governments , businesses, especially the oil industry and ultimately your rights and freedoms. All presented in the end of the world fear mongering, doubt and suspicion type of presentation and deceitful education of the public. And after decades of socialist propaganda being slowly forced feed to the public through our education systems, governments and now… Read more »