Random Comment On The Canadian Oil Sands: Expect To See Some Announcements This Summer

I'm too exhausted to discuss this, but I want to get the date-time stamp.

The tea leaves tell me that Canadian operators in Alberta will start announcing shutting down of some projects starting later this summer.

This was the article that Don sent me. It is only one tea leaf; there are many, many others.  The Calgary Herald is reporting: any pipeline to the Canadian west coast is a pipe dream.

But, observers say the odds for Northern Gateway and the Trans Mountain expansion moving ahead are still rather slim.

Warren Mabee, a professor at Queen's University, says the Liberals' support for pipelines is highly conditional and doesn't amount to a "green light."

He says, to his knowledge, B.C. Premier Christy Clark's five conditions have not been met by Enbridge Inc., the company planning to build Northern Gateway.

For investors, the moat is very, very big favoring Enbridge, TransCanada, Canadian Pacific, and the Burlington Northern (owned by Warren Buffett). This is not rocket science.

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