00:00:23.420okay you just heard that 2.5 million barrels a day that's a massive amount of oil i mean seriously
00:00:33.680think about that for a second that is a game-changing amount of energy being moved from
00:00:39.720alberta straight into the united states and if something like that actually gets built
00:00:45.220the levels of integration between alberta and the u.s would be greater than we've ever seen before
00:00:51.700to the point where you kind of have to ask what exactly is alberta still relying on ottawa for
00:00:58.100at that point because this isn't just a small side project this is alberta plugging directly
00:01:04.720into the largest energy market on the planet more than ever before our allies are moving away from
00:01:11.780the mid-east for their energy lauren is at the biggest uh energy conference in hugh she's at the
00:01:17.560It's in Houston. It's in Texas. All right. So I guess they're relying more on our energy, right?
00:01:25.560You guessed correctly. They are relying on us and we are ready to supply them.
00:01:31.000It is remarkable. And one person said this to me that oil prices have not spiked more
00:01:36.760considering four weeks of fighting in the most important energy regions in the world.
00:01:41.620and that is because of U.S. dominance. Allies want what we have, and yes, we are ready to
00:01:48.600supply them. Watch this. We're going to see LNG export capacity double between now and 2030.
00:01:55.820So we're going to see continued growth, and we have the supply here to meet that global demand.
00:02:03.800Much of that demand is coming from Europe. I spoke to the EU ambassador to the United States
00:02:09.140yesterday. And she said, and I quote, Europe is America's biggest client and will purchase
00:02:15.28060% of our gas this year. The CEO of Constellation Energy told me that foreign governments
00:02:23.220are actively looking for fuel from sources outside of the Middle East. And Canada wants
00:02:29.620to work with us to get it there. Here's Premier Danielle Smith. I've seen proposals for as much
00:02:36.200is 2.5 million barrels a day that would come from Canada go to the United States and most of that
00:02:40.860permitting would be under the authority of the Energy Dominance Council but I think what it
00:02:45.400comes down to is we need reliable affordable energy for people because when people are hurting
00:02:50.440that's when they put pressure on their politicians and even the most left-wing ideological politician
00:02:55.800will realize boy I gotta I gotta moderate this and come back to center and that's what we're
00:02:59.440seeing in Canada? Yeah, so the conflict, Stuart, is certainly reshaping energy alliances and energy
00:03:08.120policy. Obviously, energy dominance, energy security is a theme, but a sub-theme would be
00:03:15.840permitting reform. Secretary Wright told me it used to take two to three years to get a permit.
00:03:21.440We got that down to two to three months, and we are going to get it down to two to three weeks.
00:03:27.100Almost every company here says they want one application, one reviewer, one clear timeline so they can get the infrastructure that is needed to move our abundant resource of natural gas where it needs to go to our allies in the rest of the world.
00:03:44.600That's what's underway here in Houston at Sarah.
00:03:47.600The name of the game is the U.S. is dominance.
00:03:50.740Let us supply our friends and neighbors.
00:03:53.040And here's why the timing of this matters so much.
00:03:57.100Right now, globally, everything is shifting. You've got countries in Europe actively trying to move away from the Middle East when it comes to energy. You've got demand going through the roof. And you've got the United States stepping in and saying, we can supply it. They're ramping up exports, they're fast-tracking permits. What used to take years is now being pushed through in months, even weeks sometimes.
00:04:22.800So this isn't some slow moving, maybe someday type of situation. This is happening while the world is literally scrambling for stable energy. And when that kind of demand shows up, Alberta becomes one of the most important pieces on the board because it's not just one pipeline being talked about anymore.
00:04:42.980You've got multiple projects, different routes, hundreds of thousands, even millions of barrels per day being planned out.
00:04:53.260At a certain point, you stop looking at this like a single deal and you start realizing this is an entire network being built.
00:05:01.500Years after Keystone XL was canceled in 2021 over environmental and indigenous concerns,
00:05:09.520Bridger Pipeline Expansion LLC has submitted a project proposal to the Montana Department of Environmental Quality
00:05:16.620for a 645-mile pipeline that would start near the U.S.-Canada border in Phillips County and make its way down into Wyoming.
00:05:25.940Keystone XL originally faced criticism over potential impacts to rivers, wetlands, wildlife habitats and climate concerns associated with transporting oil sands crude.
00:05:37.840According to the project overview submitted to Montana DEQ, the Bridger expansion pipeline would transport about 550,000 barrels of crude per day,
00:05:48.500smaller than Keystone XL, and largely follow existing pipeline corridors to minimize new land disturbance.
00:05:55.940The overview includes modern safety features such as advanced monitoring systems and leak detection.
00:06:02.720Horizontal directional drilling is planned for river and wetland crossings to reduce environmental impacts.
00:06:09.020Montana DEQ says it has not received a formal application.
00:06:12.960However, Bridger has notified the agency it attends to submit in the coming weeks.
00:06:17.460A spokesperson told MTN, while the application review is occurring, DEQ and partner agencies will conduct a thorough environmental review of the proposal, which will include multiple opportunities for public review and comment.
00:06:31.280If approved, construction could begin as early as 2027.
00:06:35.720Supporters say the pipeline could increase Canadian crude exports to the U.S.,
00:06:39.860create construction jobs, and expand energy infrastructure
00:06:43.220while opponents continue to raise concerns about potential environmental and community risks.
00:06:48.500This is where it gets really interesting,
00:06:50.540because if Alberta is moving that kind of volume directly into the United States
00:06:54.800and the U.S. is turning around and supplying its allies,
00:06:58.860then Alberta is basically being pulled into that system, whether Ottawa likes it or not.
00:07:03.940And again, just think this through logically. If the infrastructure is there, if the demand is there, where does the federal government actually fit into that picture?
00:07:14.980For years, it was nothing but delays. Projects getting shut down, pipelines going nowhere, and now all of a sudden, because the world needs energy, everything is starting to line up.
00:07:27.340The demand is real, the United States is ready, and Alberta is in a power position. Not years from now, but right now. And that's why this feels different. This isn't hype anymore. This is momentum starting to build in a way that's actually hard to stop once it gets going.
00:07:46.040So let me ask you, if Alberta keeps moving in this direction, if these projects actually
00:07:52.400go through, what does Canada even look like in the next few years?