Juno News - Michael Campbell says Ottawa was wrong to reject LNG exports to Europe

We take a look at what's going on down south, the trade war, the pipeline project, the LNG exports to Asia, the Kinder Morgan pipeline project and much, much more. We also talk about what's happening in the rest of the world and why we should be worried.

00:00:00.000 We take a look at what's going on right now down south.

00:00:02.960 We take a look at this ongoing trade war that's going on, this tariff war.

00:00:06.900 And there's all this, you know, silly childish language of elbows up and we should be best friends.

00:00:12.180 And like, I don't care. 0.88

00:00:13.660 Like, quit talking like an eight year old.

00:00:15.120 What I care about is the fact that we've got billions and billions of dollars on the line here.

00:00:20.900 We're not getting along with our biggest trading partner.

00:00:24.280 And all we need to do is look.

00:00:25.560 look at what the deals are that US President Donald Trump is doing here. He's finding deals

00:00:32.340 for his natural resources. He's convincing megacorporations to do business in the United

00:00:38.500 States. Apple for one. And I'm taking a look at what's going on in Ottawa. I am not seeing the

00:00:45.000 same up to snuff work going on here. I got to ask you because I'm not a business person. You

00:00:50.500 understand this world? Is there a market demand around the world for Canada's natural gas? Would

00:00:57.200 they buy it if we had it ready to go? Well, I think the best story we've had economically in

00:01:02.480 the last short while has to be the first shipments of LNG going to Asia. The first boat went, of

00:01:09.240 course, and it did get some coverage. I think another three, though, are leaving right now.

00:01:13.300 So there's a huge appetite. Also, it's become a recognition that if you really want to,

00:01:18.540 if your big worry is global emissions. Well, natural gas is far superior to coal. And so if

00:01:26.000 we can ship and get China off coal, for example, that'll have a monstrous impact. But then on the

00:01:31.260 other side, Prime Minister Trudeau famously said there was no business case looking at supplying

00:01:36.660 Europe. I mean, I think it was very short-sighted, but I also look at what the US has done recently.

00:01:41.920 They've signed some major deals for LNG going there. Just that it was such a glib statement,

00:01:47.880 a glib attitude that was born out of their ideology of no fossil fuels well that's proved

00:01:52.680 incorrect and as i say thank goodness we're doing something out of the west coast could have been

00:01:56.840 easier but happy to see it happy to see there is a kinder morgan despite the fact that you're

00:02:01.400 absolutely accurate i think the the numbers they were throwing around when uh trans mountain sorry

00:02:06.760 pardon me trans mountain kinder morgan was talking about seven eight billion dollars it ended up 34

00:02:11.720 billion. But you know what? It still makes sense because up till then, we were forced to sell so

00:02:18.480 much of our oil coming out of Alberta at a discount, Western Canada Select. Well, that

00:02:23.380 discount shrunk dramatically because now we can access other markets. So I think in the end,

00:02:29.140 yeah, I'm not happy about spending about 25 billion more than we thought, but it still makes

00:02:34.440 sense economically. And so would another pipeline. And that's what they're talking about. But as

00:02:40.760 people will certainly are aware of. BC Premier David Eby made the comment, no pipelines on my

00:02:46.520 watch. Absurd. But anyways, it's there. But yeah, so that's the challenge. There is an LNG market.

00:02:53.240 There is a market for our energy.

Juno News - August 11, 2025

Michael Campbell says Ottawa was wrong to reject LNG exports to Europe

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