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Energy Summary for Dec. 30, 2019

2019-12-30 20:26 ET - Market Summary

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by Stockwatch Business Reporter

West Texas Intermediate crude for February delivery lost four cents to $61.68 on the New York Merc, while Brent for February added 28 cents to $68.44 (all figures in this para U.S.). Western Canadian Select traded at a discount of $22.00 to WTI, unchanged. Natural gas for February lost four cents to $2.19. The TSX energy index added a fraction to close at 145.93.

British Columbians are coming around on the idea of the Trans Mountain pipeline expansion, according to a new survey by Vancouver-based polling company Research Co. The survey results showed that 56 per cent of British Columbians agree with the federal government's decision to reapprove Trans Mountain, while only 35 per cent disagree. The rest remain undecided.

Support varies by region. The project remains least popular on Vancouver Island (with 49-per-cent support) and in Metro Vancouver (51 per cent), while those in Southern British Columbia, Northern British Columbia and the Fraser Valley are more in favour (74 per cent, 71 per cent and 59 per cent, respectively). Yet even the Vancouver Islanders and Metro Vancouverites are far more supportive than they used to be. Mario Canseco, president of Research Co., told CTV News over the weekend, "You go back three years ago and the level of opposition to the project in Vancouver was sky high, and the numbers in Metro Vancouver were similar." He attributed the rising support to Ottawa's decision to buy the project from Kinder Morgan, "Now it's the federal government saying it's in the nation's best interest, and not a company based in Texas," explained Mr. Canseco. (The poll was conducted on-line from Dec. 4 to 7 among 800 adults across the province.)

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tomorrow is 2020, paris accord is full of bull s...can the heads of governments be guillotined now because the agreement signed in 2015 specifically stated carbon emissions had to be negligible by 2020?

Posted by bell ringer at 2019-12-31 09:12