Gould: Canada's Energy Sector Needs Free Market, U.S. Markets

0:00It's March 29th. Welcome to Canada News Today, powered by AI. Brian Gould, a veteran from Shell Canada, now running Aspen Leave Energy, is laying it out plain. Canada's energy sector needs the government to drop the. Barriers and let the free market take over. No more games with regs holding back oil and gas production, especially as global demand surges. With Brent Crude around $100 a barrel, hydrocarbon shortages kicking in and net zero talk fading fast, insiders whisper that tweaks. Like easing methane rules or the tanker band won't cut it. A $16.5 billion first phase for oil sands carbon capture. That's a tough sell in this crunch. Big company CEOs are getting vocal on investor calls, saying Ottawa hasn't created the right conditions for fresh billions in investment. Alberta Premier Daniel Smith backs it as zero week, pushing pipelines east, west, north, and south without delays to feed hungry markets.

1:00Regulatory headaches run deep from Bill C-69 impact assessments, gathering dust to the endless saga of twinning the Trans Mountain pipeline. Capital's chasing better spots worldwide and Gould, with 30 years ceiling 30 billion in deals, knows Canada risks missing out big time. The real fix heads south to U.S. refiners, craving heavy oil, were markets price things fair without the drama. Gould wants straight talk on costs, who foots the bill for carbon capture. When taxpayers have other priorities, and he's fighting for this country, he loves urging leaders to level with folks on the true path ahead.