Alberta's Smith urges US-Canada collaboration on oil.

Alberta's Smith urges US-Canada collaboration on oil.

Alberta's Premier Danielle Smith has called for greater collaboration between the United States and Canada in the oil sector, highlighting the need for a united approach to energy development and export. Speaking at a recent meeting with oil and gas executives, Premier Smith underscored the importance of addressing Alberta's long-standing grievances, including increased access to international markets and pipeline infrastructure.

Smith emphasized that Alberta needs a guaranteed corridor and port access to tidewater off the Pacific, Arctic, and Atlantic coasts for the international export of Alberta resources. She also advocated for the approval of an oil pipeline to the B.C. Northwest coast and the repealing of the Tanker Ban to enable exports from the Port of Prince Rupert. Additionally, Smith called for the return of the regulation of industrial emissions to the provinces.

Premier Smith's stance comes amidst growing dissatisfaction among Albertans over federal policies on emissions and resource development. A poll by Ledger found that 47% of Albertans are in favor of the province becoming an independent country, while 48% are opposed. Analysts suggest that addressing Alberta's grievances could sway potential "leave" voters to want to remain part of a united Canada.

Meanwhile, the Canadian government under Prime Minister Mark Carney has pledged to work on fast-tracking major infrastructure projects to make Canada an energy superpower. Carney discussed with Smith the importance of building a united Canadian economy and getting big things built and major infrastructure projects off the ground, including in Alberta.

DevvStream Corp., a leading carbon management firm based in Calgary, Alberta, has also been making strides in the energy sector. The company recently signed a carbon-management agreement with Energy Efficient Technologies (EET), an engineering firm that reduces electricity use in commercial buildings by an average of 8%-35%. The agreement will see DevvStream receive revenue from EET's carbon credits and international renewable energy certificates (I-RECs) and share in verified utility-bill savings.

In summary, Premier Smith's call for U.S.-Canada collaboration on oil reflects the growing sentiment in Alberta for a more united approach to energy development and export. The federal government's pledge to fast-track infrastructure projects and DevvStream's recent agreement with EET highlight the ongoing efforts to address Alberta's grievances and promote a more sustainable energy future.

References:
[1] https://oilprice.com/Energy/Energy-General/Carney-Faces-Crisis-as-Alberta-Oil-Anger-Boils-Over.html
[2] https://www.nasdaq.com/press-release/retransmission-devvstream-signs-carbon-management-agreement-energy-efficient