Breath of fresh air

There is a worry that if Mr. Biden is elected President that he will attack the energy sector. Unlike Justin, he will do little to destroy the oil and gas sectors. Washington (and Ottawa) is going to need all the taxes and employment this sector provides. If cancelling existing contracts, then the government is opening itself up to lawsuits which will cost billions rather than make billions of tax dollars.
Mr. Biden will be too busy mending fences with the Europeans and Asian countries. He will also have to restore America’s finances. Money will also be needed to maintain their military power throughout the world. Hopefully, he will be open to listen to his advisors, something Trump never does. What we must watch is Vice President Harris. Mr. Biden has stated he will not run for a second term due to age. This means Ms. Harris has a chance to become his replacement in four years. It is what her opinion on the energy sector is what we need to watch for.
Environmentalists are coming back full force after six months of being missing in action. They now want to eliminate natural gas in favour of more expensive green energy sources like solar panels and wind power. To their dismay, not one country will abandon such a cheap form of energy as natural gas. This would force all cities in North America to rebuild their infrastructure. Where will the money come from? There is 400 years worth of natural gas around the world which will make it cheaper than renewables for centuries to come. Coal also has 400 years worth of reserves. Not one country will abandon such a cheap and easy form of energy.
We are bullish on the gas and oil sector. Natural Gas will be needed for decades to come. Solar and wind power have too many problems such as weather, location, the cost to build and maintain, and people will not allow wind power in their neighbourhood due to noise and the sight of them. Not to mention, both wind turbines and solar panels consume far too much arable land.
Oil is a depleting resource. Estimates range between 50-and-80 years worth of reserves left. Sadly, too much of the reserves are in the unstable Middle East. As a result, science is going to have to figure out what can replace the liquid sources that make our medicines, plastic containers for Covid vaccines and its transport, lubricants, paints, shoes, house siding, tires, and roads - just to name a few. This does not include the cheap energy oil is responsible for. If there is a find to replace the liquids, you can be sure the Greens will be first in line to complain because they will cost more than fossil fuels.
The Greens will be the least of North America’s worries. They will continue to lie and try to destroy our economy, but the energy sector will continue to prosper and thrive for decades to come. It will be business that will make the environment healthier through innovation, just as they have done for the last century. It is simply good business sense to work at trying to make the environment safer, and business is doing just that.
Mr. Biden and Ms. Harris will be a breath of fresh air. The energy sector will benefit from the two. If our “I Am Sorry” Justin wants to get re-elected, he will have to change his attitude toward the energy sector. If not, the Canadian dollar will be heading to $0.60U.S., unemployment will be near double digits for years to come, and his trust fund will take a whacking. It will all be due to his hatred toward the energy and resource sectors. The future for Canadian resources remains positive, just as long Justin uses his education and ‘acts’ like a Prime Minister.
