Specific projects should be judged based on their specific benefits, not benefits they share with hundreds of other projects.
Extraction wells were over 1,800 in July 2005. Only 350 were drilled per month on average during the 3 years leading up to the pandemic.
How involved did Alberta get with this pipeline, and where do things sit now that the pipeline was cancelled?
More debt. Fewer jobs. Less tax revenue.
For all of 2020, the company saw profits of nearly $5 billion. This is the same company who received $1.5 billion from the Alberta government.
If you thought being exempt from paying fuel taxes was pretty sweet, it’s about to get even better.
Because the 2,000 construction jobs lost through the cancellation of Keystone XL pale to the number lost since 2015.
Canadian Association of Petroleum Producers recently projected $24B in capital investments for 2021. And Sonya Savage is super excited.
Joe Biden may be cancelling Keystone XL his first day in office. Jason Kenney is pleading for him to think of US national security and US jobs.
The company who operates the pipeline had seen 100 spills between 2015 and 2019.