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2018 Woodrow Lloyd Lecture: Pipelines and the Petro State

Presented by Andrew Nikiforuk, author and journalist

Now that the federal government owns the aging TransMountain pipeline, it will have to carefully consider the political and economic consequences of the $11-billion expansion project. To date the storied mega-project has polarized the country with Trumpian flair. Heavy oil exporting provinces such as Alberta and Saskatchewan may favour the deal but the debate highlights the dismal failure of statecraft in Canada as well as a notable absence of rigorous analysis on oil economics. With no cogent resource policy or oil strategy other than dig it and ship it, the pipeline debate neatly illustrates the failure of petro states to plan for volatile oil pricing - let alone climate change. It also deflects from another truth: neither Alberta nor Saskatchewan have ever adopted former Alberta Premier Peter Lougheed's sage principles for oil: behave like the owner, add value to the resources, collect your fair share, and save for a rainy day.

Date ( Add to your Calendar)
Wednesday, February 27, 2019
7:00 p.m.

Luther College Auditorium
Main Campus

Milagros Charriez

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