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Browsing the "Canada Trans Mountain pipeline" Tag

The Sinister Reason Canada Bought The Kinder Morgan Pipeline

June 7th, 2018 | by Steve Hanley

A well researched analysis of the economics behind Canada's decision this month to buy the Trans Mountain pipeline from Kinder Morgan for $4.5 billion suggests the pipeline is intended to provide China with a reliable source of petroleum for its future needs and questions whether, with China's increasing reliance on renewable energy, those needs will ever materialize


Kinder Morgan Sold The Pipeline

May 31st, 2018 | by Roy L Hales

Prime Minister Justin Trudeau claims that buying the controversial Trans Mountain pipeline is acting in the national interest. Ben Parfait put his feeling about the $4.5 billion purchase to music: "Broken hands on broken ploughs, Broken treaties, broken vows, Broken pipes, broken tools/ People bending broken rules.” Economist Robyn Allan estimates Canadian taxpayers will spend $20 billion before the controversial pipeline expansion is finished; if it is finished. Is anyone surprised to hear that Kinder Morgan sold the pipeline



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