
Erik Poole
11.5K posts

Erik Poole
@AboutResources
Free market capitalism loving economist Realist, Tiers mondiste Oil & gas investor with a focus on overseas Wilderness enthusiast Fluent in French and Spanish







Pipeline operator Enbridge hasn’t ruled out helping build a new oil pipeline from Alberta to the British Columbia coast under the right regulatory conditions, CEO Greg Ebel told Bloomberg's Julie Fine bloom.bg/4bsJljG












“There is no business case” for East Coast LNG - Justin Trudeau, immediately following Russia’s full scale invasion of Ukraine. This must stand as one of the most flagrantly stupid remarks ever made by a Canadian Prime Minister. Everyone in politics says dumb things from time to time. I sure did. The problem is that this dumb statement reflected government policy, based on an astonishing blend of energy, economic, and geopolitical illiteracy. Mark Carney was elected on the premise of being literate on energy, the economy, and geopolitics. On the promise of getting big things done “faster than ever,” of making Canada “an energy superpower,” of becoming the “fastest growing economy in the G7.” So get on with it already. Eastern Canadian provinces are increasingly positive on gas production and exports, eg Nova Scotia lifting its ridiculous gas production ban. There is a growing shift back to energy realism in Quebec politics. Enough consultations, meetings, and triangulating energy politics. Embrace East Coast LNG as a moon shot project, with war time urgency. Prove that Canada can once again do big things quickly, while making Canada wealthier, and helping the world achieve energy security.




In the 1970s, American car companies made a huge mistake - sticking with gas guzzlers when high oil prices led people to demand for fuel efficiency. They were overtaken by Japanese cars. Now they’re making the same mistake all over again- sticking with gas guzzling SUVs when EVs have become the superior technology. This time it’s China rather than Japan that will win.

There is growing evidence that the Russians continue to provide the Iranian regime with intelligence support. This is clearly destructive activity, and it must be stopped, as it only leads to further destabilization. All decent states are interested in guaranteeing security and preventing a larger crisis. Markets are already reacting negatively, and this is significantly complicating the fuel situation in many countries. By helping the Iranian regime stay afloat and strike more accurately, Russia is effectively prolonging the war. There must be a response.


Absolute bombshell. Col. Macgregor predicts Putin has already delivered a terrifying ultimatum to Netanyahu: If Israel dares to use a nuclear weapon in the Middle East, Russia will drop a nuclear weapon on Israel. The US has no idea what it just walked into.


US warns EU to pass trade deal or risk losing ‘favourable’ access to LNG ft.trib.al/CgyPj4q

Appalling, but sadly predictable. Most Canadian Jews I know believe it’s a question of when, not if, this happens in Canada.




