Saskatchewan Examiner

Moe has returned from talks in the US to drum up support for Saskatchewan’s energy initiatives

Moe has returned from talks in the US to rally support for Saskatchewan's energy sector.

Key Takeaways:

  • Premier Scott Moe spent two days in the United States promoting the province’s energy and mining industries, attending around 40 meetings.
  • Currently, the focus, according to Moe, is on continuing to lobby for removing restrictions on accessing Saskatchewan oil south of the border.
  • Inflation was again brought up, and the premier was asked if the Saskatchewan people would get any respite.

When Saskatchewan Premier Scott Moe traveled to the United States for two days to promote the province’s energy and mining sectors, he had roughly 40 meetings.

Moe spoke about banking and investment in New York, and energy security in North America was the topic of discussion in Washington.

He positioned Saskatchewan as a reliable source of uranium, rare earth minerals, and oil at a time when economies are grappling with high fuel prices and looking to shift to alternative energy sources.

“Right now, we’re witnessing the vulnerabilities in the European Union because they haven’t been focused on delivering energy security to other countries as a group.” “We do not want to find ourselves in that situation here in Canada, the United States, or across North America,” Moe said at a press conference at Saskatoon’s airport on Friday.

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Right now, Moe says, the focus is on continuing to advocate for the removal of barriers to accessing Saskatchewan oil south of the border. He also stated that he wants to remove barriers to providing uranium as a source of energy security over the border.

“Long-term agreements would be desirable,” he added, “and then truly looking at the future with rare earth element access across North America and what part Saskatchewan can play in that.”

Transportation constraints, according to Moe, are a barrier to giving true energy security to North Americans, citing the suspension of the Keystone XL pipeline as an example.

He did add, though, that there are still certain energy assets that might be easily tapped to boost oil production in Saskatchewan and supply it to the United States.

Moe alluded to businesses like the province’s highly integrated fertilizer and food sectors, as well as strong North American supply networks, which he suggested might be utilized as a model for the oil industry.

Moe has returned from talks in the US to rally support for Saskatchewan's energy sector.
Moe has returned from talks in the US to rally support for Saskatchewan’s energy sector. Image from the Globe and Mail

Saskatchewan, he claims, provides excellent food security throughout North America.

“We produce our crops on red tractors constructed in Fargo, North Dakota, which we bring to Saskatchewan.” We bring green combines from East Moline to Saskatoon to harvest our crops. “Then we turn around and export our crop products down to the United States,” Moe explained.

“We supply food security throughout Canada and North America, and we make a significant effort to provide food security worldwide.” And we should do the same regarding energy security in the coming years and the coming decades.

“We need to sit down and formalize some discussions about how we can acquire more carbon for our enhanced oil recovery resources and, as a result, supply that energy, which is of the least sustainable and low-carbon energy available in the world,” he said.

The premier was also questioned about inflation and whether the Saskatchewan people would get any relief. He responded that rising fuel prices mainly cause inflation and that the federal government should repeal the carbon tax.

“If natural resource price stays high beyond the first quarter, the govt will consider giving back,” Moe added.

“We’d seek methods to recoup it, possibly through debt reduction, possibly through some cash moving to Saskatchewan residents, but definitely through all Saskatchewan residents.”

According to Moe, the government will review the first quarter’s budget performance in July or August.

Source: Global News

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