Oil is messy in every way.
(From The Financial Post)
Conservative MP Shannon Stubbs, who shadows natural resources minister Jim Carr, said the Energy East suspension is another hit for workers and their families who depend on energy jobs.
“Throughout the past year, investors have frozen or abandoned Canadian projects and taken all potential jobs with them,” she said. “Uncertainty has pushed capital to south of the border, with less red tape and lower costs. The Liberals’ risky policies are hindering Canadian energy. This is yet another example of how government can literally put oil and gas companies out of business. Minister Carr has commented on this situation, claiming this is a ‘private sector decision.’ But it is actually a direct outcome of Liberal decisions.”
Calgary senator Doug Black, who is also a senior energy lawyer, said the NEB “stumbled” on Energy East and allowed “regulatory creep.”