Because federal over-regulation has frightened off private investors a new pipeline will only get built if taxpayers finance it
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Canada’s Nisga’a Nation isn’t known as a big energy player, but the Indigenous government is backing a project to export LNG from British Columbia overseas. The project would have been a pipe dream a few years ago under Prime Minister Justin Trudeau. Prime Minister Mark Carney is greasing the wheels to get exports flowing beyond America, partly out of necessity due to President Donald Trump’s trade war.
High oil prices have increased concerns about a recession, which would likely be accompanied by a market crash.
Catch up on the stories we’re following today
Market Domination Overtime Host Josh Lipton previews several of the biggest stories to come tomorrow, Friday, May 7, including April jobs report, May consumer sentiment, and Enbridge (ENB) earnings.
Enbridge is feeding the growth of U.S. power demand and rising foreign reliance on North American oil and gas.