07:50:19 EDT Sat 12 Jul 2025
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or Name
USA
CA



Tourmaline Oil Corp
Symbol TOU
Shares Issued 386,829,843
Close 2025-07-10 C$ 62.77
Market Cap C$ 24,281,309,245
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Globe says MEG, others hear call to build that pipeline

2025-07-11 07:20 ET - In the News

See In the News (C-MEG) MEG Energy Corp

The Globe and Mail reports in its Friday edition that Canada, the world's fourth-largest oil producer and the fifth-largest producer of natural gas, is not exporting enough oil and gas to global markets. The Globe's guest columnist Jackie Forrest writes that as a result, we forfeit both influence and autonomy, undermining our own economy. Canada needs new oil and gas pipelines to tidewater. To borrow U.S. President Donald Trump's style: ABSOLUTELY, we need more pipelines! Ms. Forrest say these projects are both politically and strategically vital, ranking among the most consequential nation-building initiatives the country can pursue. To become an energy superpower, she says Canada must increase oil and gas exports to various nations. In 2024, Canadian natural gas sold for about one-half of the U.S. price -- effectively giving it away. However, with the recent launch and potential expansion of Canadian liquid natural gas exports, we have an opportunity to bring the economic benefits of these resources back to Canadians. Expanding these exports will unlock value, enhance security and build influence, benefiting all Canadians. So, the answer to whether Canada needs to expand its oil and natural gas exports is clear.

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