I was asked to give some comments to a Bloomberg journalist last week on my views on the state of the energy markets in Canada. Good timing as I have written about it before and most recently as Feb 15th (highrockcapital.ca/pauls-blog/taking-stock).
Here is the link to the Bloomberg/Globe article I was (mis) quoted in: www.theglobeandmail.com/globe-investor/investment-ideas/investors-bail-on-landlocked-canadian-oil-as-pipeline-woes-deepen/article38047446/
A couple of corrections to the article:
And I do not disagree with what the other Portfolio Manager said in this article. I do however disagree with what the federal government says in the article...these pipelines are not going to get built in time for hydrocarbons to still be relevant. There will be way too many special interest groups who will oppose pipelines (and rail) as a form of transporting hydrocarbons out of Western Canada.