… Even though we’re the world’s fifth largest producer and sixth largest exporter of natural gas, Canada lacks the pipeline and Liquid Natural Gas infrastructure to ship LNG from Canada’s east coast to Europe on ocean-going tankers.
The most we could do is up our natural gas output slightly to the U.S. — where almost all of it goes — given that the Americans have the ability to do what we can’t.
The fact we’re a captive market to the U.S. means our natural gas has to be sold at a discount, costing our economy an estimated $9 billion annually.
