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KT

Canada Thinks its Shale Plays Will Rival US. Any Believers?

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Yes, I'm biased ... but really, any believers? Canadian media are propping up Canada's Montney and Duvernay shale plays as ready to rival the US. 

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Nice one, Canadian Kate! Sorry, but I don't see it happening. 

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Not until they get their transportation problems under control. You can make more oil all day long, but if you can't move that oil anywhere it's a non starter.

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but, to be fair, if anyone can it will be Canada, but they're still exploring here and don't really know what the potential is. 

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Ha! And Canadian drillers are even moving their rigs to the US, mostly to Texas, where oil and gas is more tantalizing ... they're idling rigs in Canada and moving south and doesn't look like they think they're coming back. 

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