Rachel Notley has been duped by Justin.  The Kinder Morgan pipeline will never be built.  There are 157 conditions that must be met and opposition in BC is very strong.  At the same time, the door on the Northern Gateway pipeline has been closed forever.  Tanker traffic along the upper BC coast will be banned.  Unfortunately, as a result of the decision today, Rachel has now agreed to increase Alberta's carbon tax from $30 to $50 per ton by 2023.  That being said, line 3 to Wisconsin is no contest and will ahead.  We also have to look at Keystone XL with Donald Trump and energy east.  

What people do not realize is that the price we would get from Asian markets for our oil is less than what we see on the daily market report.  It would actually be around $30 or $35 per barrel.  And, keep in mind that it costs about $60 per barrel to get Canadian oil out of the ground.  OPEC is still showing no signs of limiting production, which means that the price will not go up any time soon.