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What political pressure are you alluding to? For decades now in Canada companies have been endlessly lobbying the government to allow for more expansion of pip

What political pressure are you alluding to? For decades now in Canada companies have been endlessly lobbying the government to allow for more expansion of pipelines to enable more production and more growth. There is nothing new that has changed their approach.

vel0city 4y ago
Look at the political strain that develops when gasoline prices increase in the US and Canada. Loads of people start demanding cheaper gas and expect the government to step in and ensure low-ish gas prices. The gas tax hasn't budged since 1993 despite really needing it, largely because of the backlash politicians would get for making gasoline more expensive.
- red-iron-pine 4y ago
  nationally, no, there hasn't been much change but many states have high ones; PA comes to mind.
legitster 4y ago
Uh, there was literally a White House speech in 2022 on the subject. "You should be using these record-breaking profits to increase production and refining" - words from the president himself. This ended up kicking off a months long negotiation to convince oil and gas companies to increase domestic production. For the Canadian industry I think you are underrating how much of a hand the government of Alberta themselves are playing in this. This has been an economic development project for them and things like the Keystone pipeline have been spearheaded by the government to get access to the global market as a way of attracting investment from the oil and gas industry.
- Tiktaalik 4y ago
  So sounds like we're agreeing. The oil and gas industry has very been enthusiastic about growth and more production. I don't think this is new. O&G was pushing just as hard for pipelines in the last government too. Not just Alberta but of course the Feds themselves bought a pipeline in order to get it built and push back against accusations from the opposition that they were against the O&G industry.

vel0city 4y ago

Look at the political strain that develops when gasoline prices increase in the US and Canada. Loads of people start demanding cheaper gas and expect the government to step in and ensure low-ish gas prices. The gas tax hasn't budged since 1993 despite really needing it, largely because of the backlash politicians would get for making gasoline more expensive.

red-iron-pine 4y ago
nationally, no, there hasn't been much change but many states have high ones; PA comes to mind.

legitster 4y ago

Uh, there was literally a White House speech in 2022 on the subject. "You should be using these record-breaking profits to increase production and refining" - words from the president himself. This ended up kicking off a months long negotiation to convince oil and gas companies to increase domestic production. For the Canadian industry I think you are underrating how much of a hand the government of Alberta themselves are playing in this. This has been an economic development project for them and things like the Keystone pipeline have been spearheaded by the government to get access to the global market as a way of attracting investment from the oil and gas industry.

Tiktaalik 4y ago
So sounds like we're agreeing. The oil and gas industry has very been enthusiastic about growth and more production. I don't think this is new. O&G was pushing just as hard for pipelines in the last government too. Not just Alberta but of course the Feds themselves bought a pipeline in order to get it built and push back against accusations from the opposition that they were against the O&G industry.