Kenney touts Canada to US audience as safest, most reliable oil source

Kenney touts Canada to US audience as safest, most reliable oil source

The State
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[CTV] Alberta’s premier is pumping up the province’s oil industry for its “safety, stability, security” following drone attacks on Saudi Arabian sites which spiked global oil prices.

VIDEO: [CHQR 770] Danielle Smith talks about the implications for Alberta, of the attack on Saudi Arabia’s Abqaiq refinery complex. [Sep. 16, 2019]


Jason Kenney, speaking in New York on the American business network Bloomberg Monday, said gulf-based oil has a security premium that Alberta oil doesn’t and Americans can benefit from this.

“If they don’t want to pay a security premium they should be operating more and investing more in Alberta,” said Kenney, adding an important factor would be completing pipelines.

Oil prices rose after Saturday’s attack and surged Monday by as much as 19 per cent, the biggest daily move since the Gulf War in 1991.

This article continues at [CTV] Kenney touts Canada to US audience as safest, most reliable oil source

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