• MrMakabar@slrpnk.net
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    3 hours ago

    They are lucky if they have a working pipeline in 2040. We can already see EVs having a huge impact on oil demand. It looks like oil consumption in China is falling already and I would not be surprised if this is also the case in Europe. So Canada would sell into a shrinking market. Not only that but Canadian oil is expensive to produce. So there is a good chance it ends up burning money.