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Ukraine invasion shows why Canada needs to become an energy superpower

National Post: 'Our lack of action, and inability to profit economically off the current energy crisis, is depressing. More discouraging is that the West will continue to buy oil and gas from Russia, even as troops bear down on Kiev. Sanctions are being imposed internationally but, so far, not on energy.


'The U.S. imports almost 600,000 barrels of oil today from Russia, and will continue to do so for the foreseeable future. The latest figures confirm Nord Stream 1 continues to flow at maximum capacity, as will other pipelines that run from Russia, through Ukraine to central Europe. This is unlikely to change any time soon.


'Any Canadian up in arms about this and wondering what we could do need only look to what we could have done: build pipelines and get our oil and gas to market. Further oilsands development along with Keystone XL could have filled the hole that a U.S. ban on Russian crude would have created....


'...Canada has a real chance to become a world energy superpower if we build pipelines and encourage development and exploration. This will take great political will, but the benefits of resource development and energy sovereignty will accrue in our communities, our First Nations and our country for decades to come.'

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