Max Fawcett
@maxfawcett.bsky.social
Lead columnist for Canada's National Observer, winner of both a National Newspaper Award (2023) and National Magazine Award (2021) for column writing.
Other: Mariners fan, crypto skeptic and descendant of Canada's worst prime minister (no, not him)
Other: Mariners fan, crypto skeptic and descendant of Canada's worst prime minister (no, not him)
And, it should be noted, is probably the cheapest way to get Canadian barrels to Europe.
November 10, 2025 at 8:15 PM
And, it should be noted, is probably the cheapest way to get Canadian barrels to Europe.
Makes a certain amount of sense. KXL is the least politically difficult.
November 10, 2025 at 8:15 PM
Makes a certain amount of sense. KXL is the least politically difficult.
Eh, no. Existing production is actually more economically competitive than most American oil production.
November 10, 2025 at 8:14 PM
Eh, no. Existing production is actually more economically competitive than most American oil production.
Probably! But I come from the school of thought where two wrongs don't actually make a right. YMMV.
November 10, 2025 at 6:16 PM
Probably! But I come from the school of thought where two wrongs don't actually make a right. YMMV.
But the real issue isn't "is there a business case for a new pipeline?" so much as it is "is there a business case for the new oil sands projects that would be needed to fill it?"
November 10, 2025 at 5:44 PM
But the real issue isn't "is there a business case for a new pipeline?" so much as it is "is there a business case for the new oil sands projects that would be needed to fill it?"
I suppose it depends on how much, and how willing the federal government is to write it down/off.
November 10, 2025 at 5:41 PM
I suppose it depends on how much, and how willing the federal government is to write it down/off.
Another receipt: bsky.app/profile/volt...
"Far from a peak, China's gasoline demand is estimated to have fallen 9% in October on the year to 12.5 million tons, with average daily use roughly flat with September..."
China's oil demand is entering structural decline.
China's oil demand is entering structural decline.
EVs put an end to China's usual holiday surge in gasoline use
Tianyu Jiang took a 2,000-km (1,200-mile) road trip this month during China's national holiday week, driving in his electric vehicle from the southwestern Sichuan basin to Beijing for the first time.
www.reuters.com
November 10, 2025 at 5:15 PM
Another receipt: bsky.app/profile/volt...