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severe delusion for anyone that thinks someone of carney's intellect and economic experience can get played by trump.
I'm not suggesting Carney could be conned by God on Earth Trump. I'm suggesting he doesn't quite grasp the consequences of not paying the bribe to Trump.
from the net sifter.
Canada's pipeline capacity to the coasts has significantly increased, primarily due to the Trans Mountain Expansion (TMX) project, which boosted its capacity from 300,000 b/d to 890,000 b/d for Pacific export, allowing diversification to Asian markets beyond the U.S., alongside existing major lines like Enbridge and Keystone, improving overall egress and reducing price discounts for Western Canadian oil. Total export capacity is now around 4.8-5.0 million b/d, with TMX reaching near full utilization, ensuring better access to global markets.
Key Pipelines & Capacity:
Trans Mountain Expansion (TMX): The most significant recent addition, moving oil from Alberta to the Pacific Coast, adding 590,000 b/d, for a total of 890,000 b/d, opening routes to Asia.
Enbridge Mainline: A major artery, with significant capacity (e.g., Line 14 at 2.89 million b/d) feeding eastern and U.S. markets.
Keystone Pipeline: Moves oil from Alberta to U.S. Gulf Coast refineries, with a capacity around 591,000 b/d.
Express Pipeline: Transports oil to the U.S. Rockies, with expanded capacity around 310,000 b/d.
Impact of Increased Capacity:
Market Diversification: TMX provides access to Indo-Pacific markets, reducing reliance on the U.S..
Price Improvement: Increased egress capacity helps narrow the price discount (WCS to WTI) for Canadian crude.
Utilization: The TMX pipeline was quickly approaching high utilization rates (over 80%) after starting in mid-2024, showing strong demand
With the Pirate King controlling access to Venezuelan heavy sour, he could cut off imports from Canada, leaving most of Canada's oil landlocked, with a considerable hit to the Canadian economy, and blame the "retribution" on Carney, for refusing to pay the bribe.
Steve
