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To: Goose94 who wrote (57909)4/18/2019 8:43:55 AM
From: Goose94Read Replies (1) | Respond to of 203397
 
Crude Oil: WCS Industry executives are counting on Jason Kenney to be their champion in taking on the federal government and the industry's critics.

Mr. Kenney plans to scrap the carbon tax, slash corporate tax rates and cut other regulations. He has also vowed to go to war with the federal Liberal government over its climate-change policies, and with environmental critics.

The UCP campaign platform was supportive of the NDP's program to cut oil production but was opposed to the plan to purchase rail cars to move oil to markets. Industry executives welcomed the UCP's promise to cut corporate taxes, reduce the regulatory burden by a third, and establish a "competitive" climate-change policy.

There is disagreement among them, however, over whether Mr. Kenney should lift the production cuts ordered by outgoing Premier Rachel Notley, and also disagreement over completing the government's purchase of rail cars to expand export capacity. NuVista Energy (NVA-T) chief executive officer Jonathan Wright says: "Jason Kenney is a huge supporter of our industry and business in general. He's going to be a champion for Canadian oil and gas."