Here are some of the best quotes from news coverage in the Daily Oil Bulletin for the week ending May 12, 2017:
“We should be exporting LNG off the West Coast. I think logically it makes very good sense to anybody in the Canadian oil and gas industry, but personally I think the hurdles are so large and we haven’t really got our act together yet.
“I don’t hold out a lot of hope for West Coast LNG really coming into the fold anytime soon.”
—Darren Gee, CEO of Peyto Exploration & Development, commenting during the company’s first quarter results call, indicating that it should be a federal mandate to break Canada’s single-market gas export relationship with the US.
“I’m extremely unhappy that we’ve seen a number [of LNG plants] built and producing already in the U.S. I think there’s 12 more coming in the next two years…And we’ve sat here and watched the development of those LNG projects. It’s just a sad comment on Canadians.”
—Jeff Tonken, president and CEO of Birchcliff Energy.
“Our understanding, skills and roles need to change, particularly when it comes to talking about why energy is so important to people. It’s no longer a question of just sharing ‘the facts’ but creating an emotional connection to the energy that fuels people’s lives. And it’s not about messaging or social media.
“We engage stakeholders openly and transparently, we listen carefully and we act on what we hear.”
—Enbridge CEO Al Monaco, speaking at the company’s annual meeting. He says that as pipelines increasingly become the point of attack for opponents of fossil fuels, the new energy imperative is building public trust.
“We’re going to have to figure out how to bring people back, if activity levels continue to improve. Frankly, a lot of experienced people in this industry have left, and unless and until they see some level of stability, they’re not going to come back, and frankly, I don’t blame them.
“We’ll just have to work through it.”
—Dan Halyk, president and CEO of Total Energy Services, commenting on the challenge recalling workers as Canadian drilling activity has picked up.
“Canada has missed the current window of opportunity to establish this [LNG] industry for several years anyway, which is beyond the life of a typical minority government.
"LNG proponents who have been patient will have to wait a couple more years, and another provincial election, for clarity.”
—Gary Leach, president of the Explorers and Producers Association of Canada, commenting on the provincial election in B.C. which has left the Liberal party with a minority government and the Green party potentially holding the balance of power in energy development decisions.