Russian Invasion of Ukraine and Canadian Energy | Feb 26, 2022
The Liberal government has failed to recognize that Canadian oil and gas is vital to Canadian and European security. We need to get new pipelines built to tidewater to displace Russian natural gas. Russia supplies 40 per cent of Europe’s natural gas and uses this to intimidate Europe and Ukraine, threatening to cut off supplies to Europe. If supplies are cut, people will freeze, industry will shutter, and Europe’s GDP will plummet.
Canada is the world’s fifth-largest natural gas producer, but we can’t export gas to Europe to assist European democracies because we can’t get pipelines built.
This Liberal government must get serious and realize our energy sector is not only vital to our economy, but vital to our security, and is in line with ESG goals.