The Energy Crisis with Team Energy from Canadian and U.S. Podcast

Team Energy - Canada-US

We have a blast talking with Heidi McKillop, Movie Mogle, Producer, Humanitarian, and Terry Etam, Author, Canadian Energy Aficionado, and non-humanitarian. We have a great talk about Heidi’s new movie company, the looming energy crisis, and Canadian and US energy policy.

Our last several episodes have gotten a lot of traction from the Energy News Beat App available on Google Play and the App Store! Thanks to all of our listeners!

Enjoy the podcast on all platforms and our App in the Google Play Store and iPhone App Store. The total transcript follows the video and we are not responsible for transcription errors unless they add value or make us funnier.

We would like to thank Jay R. Young and King Operating Corporation for giving us podcast space!

 

 

 

Heidi McKillop’s Movie “A Stranded Nation” is a must-see for anyone that is a human.

 

Terry Etam’s book “The End of Fossil Fuel Insanity” is a great book and is available on Amazon. I enjoyed reading it and am looking forward to going to Calgary and have Terry sign my copy.

Stu Turley, ENB: [00:00:07] Hey, guys, welcome to the Energy Beat podcast. My name’s Stuart Turley, CEO, and president of Sandstone Group. And I’ll tell you what, we have had a fabulous group of traction with my favorite Canadians. I mean, they are so cool. I’d like to introduce Heidi McKillop as she is a movie mogul. She’s now started her own company will go to her in just a second to hear about that.

 

And we’ve got to eat them. I mean, this man is. Great. OK. He did of the end of fossil fuel insanity, a great read. Everybody needs to have that. So welcome, Terry. We’re glad you’re here. Thank you, Steve. Good to be here. Hey, Heidi. We’ve had so much fun at your videos are doing great. If anybody hadn’t seen it, it is. The stranded nation is fabulous. Tell us about your new company.  [00:01:05][57.6]

 

Heidi McKillop, Movie Mogul: [00:01:06] Well, many companies and products. So after a nation and one of the things I was writing about is that I’m doing a lot of production for oil and gas. So we’re taking a completely different approach and marketing it better. And I’ve always believed from the start that’s our number one problem in Canada is that we do it so well up here. I am so proud of the industry, and I’m proud to stand behind all the Canadians that are employed in the natural resource sector. And why not create a company that brands that? So, where I’m currently working on three pro-energy commercials that will be broadcasted will be on YouTube.

 

So it’s cool. It’s got a really warm feeling to it. Lots of interaction, kids using petroleum byproducts. I’m also working on a mini-documentary about some good abandonment issues in Alberta. So one of the biggest issues for small producers and intermediate producers is that their debt ratio for liability and applying for bank loans or applying for any kind of capital; they’re looked at as kind of bad actors. They’ve looked at the kind of in a discriminatory way compared to the bigger CNRS, Suncor, Synagis, those kinds of people.

 

So we want to give them a competitive chance. So I’m doing a whole kind of series through that lens and land reclamation, and I’m doing an indigenous movie that I’ve been working on for a couple of months now. It’s a little bit longer so that one takes more time. But the other ones are going to be published end of July. So we’ll be coming up pretty quick.  [00:02:39][93.2]

 

Stu Turley, ENB: [00:02:40] All that is just way cool. I just suddenly I’m going to take a nap. Terry and I are old. I don’t know. I’m worn out just listening to that. And I know, like I. Oh, my goodness. And so you’re the humanitarian as the motley crew that we have here. I’m the old guy. And then Terry is the  [00:03:00][20.0]

Terry The Canadian Energy Aficionado: [00:03:02] closer to, you  [00:03:02][0.4]

 

Heidi McKillop, Movie Mogul: [00:03:03] No, the brains of the operation.  [00:03:04][1.0]

 

Stu Turley, ENB: [00:03:05] We go as being an author for the Bouy report. And I just really enjoy getting to see you. You’re the author of your book. But this morning I saw the book. I get all the stuff on the Bowis report. There was a great article that you didn’t write, but it was kind of fun. It was somebody else knew what they were talking about it to be  [00:03:24][18.6]

 

Terry The Canadian Energy Aficionado: [00:03:24] a good writer. Do you recall?  [00:03:26][1.2]

 

Stu Turley, ENB: [00:03:27] I thought the article was fabulous, and in the column, Canada and the U.S. are at risk of the energy crisis, OPEC, and energy security. I thought this article was well; everybody knows there’s a little bit of problem going on with OPEC, with the United Arab Emirates, and with Saudi Arabia. And quite honestly, the UAE signed a terrible deal several years ago. I mean, it was a bad deal for them. And now it’s just putting turmoil in the whole OPEC kind of thing at this article did great. I really like how they said here the old way things were, and then it goes on and steps on through. So, Terry, do you know the Marine Macall?  [00:04:15][48.2]

 

Terry The Canadian Energy Aficionado: [00:04:17] I do, yeah. I’ve met her a couple of times. She’s she has a good head on her shoulders for sure. She writes, well, as you can see and this is a very complete article, I recommend it to everyone. She walked back through the history or some history of the geopolitics of oil. And we’ve been here before. We put ourselves at this kind of risk before. I think the documents are very well. The times before it was maybe other people that put us there were like when the United States was growing, as it did after World War Two, it needed all the oil it could get just like the rest of the world. So the hunt was on around the world to find oil. So that meant making relationships with whatever countries they had to to make sure that the reserves kept flowing, growing, and flowing. And so, so it was a global search. And that’s why there’s a strong relationship with Saudi Arabia and even OPEC. And a lot of their shenanigans got tolerated because we needed the oil this time around a little different. The United States and Canada are doing it to themselves. We’re creating a shortage of our services, our own making. And it’s just because of the shortsightedness of politicians. It’s it is unbelievable. It’s the man to watch this unfold. I mean, every we expect dumb stuff out of Paul. All-time, well, Heidi doesn’t. I guess she sees the upside of things, but I do, and they never let us down. And there’s even a study out of Rice University I saw this morning in my endless stream of emails that they’re talking about what this might be a wake-up call for governors and legislators. It’s like, well, I don’t know why you need this too I don’t why it has to get to the stage to be a wake up call, but it does. But we are on the verge of creating an energy crisis here, I think, with shortages.  [00:06:08][111.5]

 

Heidi McKillop, Movie Mogul: [00:06:09] So now it’s like Stewart said a long time ago, members, you said we need to create our own OPAC over here, the  [00:06:16][7.4]

 

Stu Turley, ENB: [00:06:18] NOPEC  [00:06:18][0.0]

 

Heidi McKillop, Movie Mogule: [00:06:20] that  [00:06:20][0.0]

 

Stu Turley, ENB: [00:06:21] is  [00:06:21][0.0]

 

Heidi McKillop, Movie Mogul: [00:06:22] trending on that on that word because you’re right. I think that’s and in all fairness, I don’t really like politicians, but I like certain ones that say I’m a pro politician person as humanitarian as I could be like they are people.  [00:06:41][18.4]

Stu Turley, ENB: [00:06:41] But you know, that old you know you know that old saying that. What’s the difference between a politician and a snake?  [00:06:48][6.5]

 

Heidi McKillop, Movie Mogul: [00:06:49] Oh, God, what?  [00:06:50][0.8]

 

Stu Turley, ENB: [00:06:51] There are skid marks in front of the Snake on a road. OK, I interrupted you, sorry, go ahead. That was his joke, and Terry said it  [00:07:07][16.4]

 

Heidi McKillop, Movie Mogul: [00:07:10] is quite a  [00:07:11][1.3]

 

Terry The Canadian Energy Aficionado: [00:07:13] were like black you.  [00:07:14][1.4]

 

Stu Turley, ENB: [00:07:15] Yeah, that was bad for the Snake, wouldn’t it?  [00:07:18][2.7]

 

Heidi McKillop, Movie Mogul: [00:07:19] Yeah, that’s right, Snake. Well, you know what? It’s true, though. I mean, I think many things that trend on politicians are that they’re out of touch with the average person. And I think that’s something I’m passionate about, is that they haven’t consolidated, you know, even with our liabilities here in Alberta. I mean, these problems can be solved if you listen to the right people. And it’s just so difficult to get things done. It’s you have to have a lot of gumption and push for it. And I think, like, the more we do podcasts like this and the more we have conversations, I believe it helps because we need to start creating relationships across our two countries and with Mexico. After all, we trade so much with you guys. I mean, it only makes sense with NAFTA that we have the same kind of ideology when it comes to oil and gas.  [00:08:14][55.0]

 

Stu Turley, ENB: [00:08:15] And on our last podcast, we had talked about the demise of the Keystone pipeline and the oil sands. Terry, I think you had we talked about the new carbon capture that’s going on. You and I and Heidi have talked about the. The production of natural gas in Canada is the cleanest in the world. Why do we want to buy natural gas from Russia when it’s the least you know or that kind of thing? So I’d like to get my natural gas and oil from Canada, because if I know I get it from Canada, it’s got the least impact on the United States, I mean, on the environment. So, Terry, there were some other things in that article as well, too, around that kind of a thing. I thought,  [00:09:05][50.0]

 

Terry The Canadian Energy Aficionado: [00:09:06] well, there isn’t one thing that’s a little bit outside of the article, but a friend of mine that worked for a pipeline company indirectly has some activist background and is kind of aware of the strategies that the activists used against the oil patch, just not just here, but everywhere. But they refuse to acknowledge that there’s any good with hydrocarbons whatsoever. There’s no such thing as well natural gas. There’s no such thing as good oil. It doesn’t matter. You can say whatever you want about how clean it is. It’s got to go. And that’s part of the narrative that’s been woven into the media. Now it’s just like these things are bad, and how quickly can we get off them. So don’t tell us that you have green or you have environmentally friendly natural gas. It’s all bad. It’s all got to go. So. So that’s the framework that we’re dealing. And so I think that’s part of the problem. And then the people that have control of the reins now, both in Canada and the United States, the Biden administration has a lot of activists in their ranks, and that’s their underlying theme is that it’s got to go. But they’re they just won’t look at the part that the consumption part of it, like the consumption, is growing. But the oil demand is going to hit an all-time record here post covid. Natural gas has never stopped growing. Even coal consumption is up in China, in Europe, and the United States. So all of these things, the world is now firing on all cylinders, and we’re just consuming more of everything. They won’t talk about clean hydrocarbons because to them; there is no such thing. And so we’re left trying to fill the void. Talk to the average citizen like Heidi says. It’s like to explain to people we and that’s why I’ve had a sneak preview of some of our work. And it’s fantastic. And it’s because it gets the message out in the way that nobody else is doing it. It’s just like it’s relaying that the reality of it, like the lifestyle we live. Sorry if I’m giving it away, Heidi, but the lifestyle we live here is built on those hydrocarbons. You can’t get rid of them. I mean, you can argue about how clean we need to get and how fast. But the fact of the matter is, everything around us comes from that. So and just to make people understand that they just don’t think in those terms; no one thinks in terms of what natural gas does to their life. Right. They just they hear these message, let’s get rid of it because it’s dirty. But that’s not how the world works.  [00:11:33][146.9]

 

Heidi McKillop, Movie Mogul: [00:11:33] So, no friend group in my generation is the WOAK generation here. I’ll speak for a little bit of my two cents on this. But one of the things that I pointed out is that millennials don’t like it getting preached differently like the traditional way. And that’s really why I’m trying to focus on it because there’s so much emotion that needs to be put into oil and gas. I mean, it is everything you touch when you want to break down a petroleum byproduct. It’s been shipped. It’s been trucked. Even if it’s not even made out of wood, it’s been harvested and used by diesel. And I mean, it’s just endless. It’s just hard to explain that to the average. So focusing on things that matter to people I think inspires a lot of my work personally is because my girlfriend, for instance, my roommate that I live with, you know, she’s twenty-three. So if she wants to recycle something or she buys something that’s more environmentally friendly, you know, it’s fine, like she wants to make that choice. However, she’s still going to use plastic bags to the grocery store, or she’s still going to use certain things like the answer is yes as well, you know, but it makes her feel better. And I kind of in that generation as well, we’ve been jilted into damaging the environment. So when I do, like, waste something, it bothers me. I have to. I really have to think about it. Every single time I take out my garbage, I’m sorting everything and making sure it’s going in the right, the proper recycling. And because that’s just like the way that I was taught. So I think we need to keep that in perspective when we’re having these energy conversations because it is part of that, and they’ve been filtered into using fossil fuels, even though they don’t understand. It is absolutely everything that you do,  [00:13:22][108.5]

 

Stu Turley, ENB: [00:13:22] Heidi, since you’re the humanitarian and, you know, here is the brains of this operation and  [00:13:29][7.2]

 

Terry The Canadian Energy Aficionado: [00:13:31] you keep saying that.  [00:13:31][0.8]

 

Stu Turley, ENB: [00:13:33] But you’re the only. She’s the movie mogul. You’re the author, and I’m a podcast, so that puts me really down here. So, Heidi, when you’re sitting there taking a look at Africa, and you’re taking a look at the different countries, how do you tell in your movies or how do you tell people that India and the lower economic folks can’t afford some of the new projects and renewables, but natural gas is there? And what are your thoughts on that?  [00:14:06][33.1]

 

Heidi McKillop, Movie Mogul: [00:14:07] Well, that’s a heavy conversation. Like me being the and I am and having that human rights background is like I do get concerned about big businesses going into countries. And, you know, you have to look at poverty and why poverty exists. So, for instance, let’s take Nigeria or Africa. Africa has been colonialized and has been fighting wars, I mean, left, right, and center, since the dawn of its existence because of its natural resources. And they haven’t created a structural framework to compete against international investment, coming in and taking advantage of them. So renewables are not or oil and gas. I think.

I’m always a big proponent of people buying local processing, local natural resources. So natural gas is in the region for sure. Get local companies, create grants, create incentives to have young entrepreneurs and have people manage their businesses and then and then export it to other countries if they have extra. I mean, it’s a straightforward, simplistic way of looking at things. But I don’t understand why. I’ve heard this a few times from oil and gas, international oil and gas companies. And I get concerned. But I’m like, OK, well, what are you doing for human rights in that region? Do you know about the human trafficking that increases when you have people coming in with trucks? I mean, you’re talking about brothels, you’re talking about children, you’re talking about women that are getting oppressed. And that is something that I get pissy about because you don’t have any. They don’t have any kind of a plan for that. So and then you hear our story over here where I’m allowed to walk around and be this opinionated Canadian, and I have zero repercussions over here. I’m safe. And it’s those are things that I’m really pressing on in terms of my generation to think about because I just don’t want I don’t want this to get worse. And it’s quite a messy situation overall.  [00:16:06][118.7]

 

Stu Turley, ENB: [00:16:08] Terry, what are your thoughts on being a humanitarian?  [00:16:10][1.9]

 

Terry The Canadian Energy Aficionado: [00:16:12] That’s a Heidi makes a good point. I wrote a chapter about this in my book, too, people will love me anyway, but they’ll just say that I’m a fossil fuel shill or whatever. But that’s not the case. It’s to me; it’s the system that keeps us all going right now. And neither Heidi nor myself are willing to overlook the wrong things that these big companies did. And some of these countries like you look at Nigeria, what a disaster it is, some of the the chaos that Shell left there. And it’s not just Shell’s doing. It’s when they buy off corrupt local governments, and they make things happen that that’s just a very bad situation. And you get these hollowed-out countries that have these pockets of production, and all the money exits the country. And they except for token amounts that go back to maybe they built some schools around and stuff, which is good. But then you wind up with these billionaire dictators who have all their money in the south of France. And then and then, the oil company has a dividend stream for 20 years. Like, that’s not good for anybody either. So there’s by no means are there any excuses made for that kind of horrible development. I think you mentioned Africa and India, and China to a large extent. They’re just they want to live as we do. And there, if you could do it all cheaply with renewables, I’m sure they would be in favor of renewables. And if they could do it. But the world doesn’t work that way. You can’t go put up solar farms and anything else. And I mean, they’ll get intermittent power just like they probably have now. So but they don’t need power for hours a day. They want power around the clock to have hospitals and senior citizens’ homes and things like we have and maybe even air conditioning. How many people in the world want air conditioning? Right. That’s one of the biggest necessities.  [00:18:00][107.7]

 

Heidi McKillop, Movie Mogul: [00:18:01] Yeah, that’s right. Yeah. And it’s one of the things I’m like, you know, we’ve talked a lot about this as well as that. And it’s such a privilege, privileged conversation that the international community in the Paris climate agreement went in and said, eh, India, you need to do this, you need to do that. And I think it was a local minister that was Leonardo DiCaprio’s film when she was getting corporate to like, listen, you have no idea. Like people still use cow dung to heat their homes. Like in you’re telling us that we need to reinvest in these small communities. You’re jumping 20 steps of infrastructure. We’re not going to do that. It’s wasteful money, and it’s wasteful to the local communities. And that’s the thing about international aid and international development is it’s very privy to the region. You can’t just say all of Africa, and you can’t just say all of Nigeria. You have to put a dedicated social construction plan together in those regions, say, OK, what is the biggest need that they have? Maybe it’s water; maybe it’s access to education for kids like you don’t know what that is until you’ve done your research and done your background. And listen to the local leaders; they’re going to know best  [00:19:11][70.5]

 

Terry The Canadian Energy Aficionado: [00:19:12] and they’re still living with them, and for them, it’s the reality of being colonized is still there to this day. Right. Like you, they saw all of these Western European countries come through and develop all their minds. And we’ll look at the Congo now. That’s where all the cobalt comes for, for four batteries being mined by children in horrifying conditions. And who’s responsible for this? Well, it was the Western leaders of Europe in large part, but the U.S. and Canada and whoever else needed them. Right. We just paid for them. They got developed. And now we’re coming through saying, oh, forget all that. Now we want you to do this instead. It’s like they’re like, well, wait a minute. We’re still recovering from the last hug that you gave us.  [00:19:55][42.5]

 

Heidi McKillop, Movie Mogul: [00:19:55] So it’s a great analogy.  [00:20:00][5.1]

 

Terry The Canadian Energy Aficionado: [00:20:02] But yeah, so so I don’t think that they’re there. We have our framework of telling people what they should be doing, and they just know they just took a big beating at our hands. And so they’re saying now we want to run our own show for now. Thanks.  [00:20:16][13.9]

 

Stu Turley, ENB: [00:20:17] So what’s the solution? God, I don’t know,  [00:20:21][4.5]

 

Terry The Canadian Energy Aficionado: [00:20:24] but I wish I do, but I think that well, part of it is the indigenous thing that we see in Canada here. There’s so we’ve had problems forever with the indigenous people just not getting anywhere. They’re just money gets thrown at them, programs get thrown at them or we’ll solve this. But nothing’s really happening. But now there’s been a few big things that have hit the news up here, and they’re horrible things about that, that like hundreds of dead children in these residential schools where were indigenous children were sent against their families will to learn in these institutions. And a lot of them died. And it turns out a lot of them weren’t even documented. And it’s just horrifying. They’ve known this for generations and but nobody’s really thought much about it. But now all of a sudden, they’re starting to realize these things. And it’s maybe it’s the Wolinetz like Heidi mentioned. But there’s good to that. And and a lot of the indigenous people are saying we just we don’t want to undo everything. We just want you to listen. We want you to understand what it’s like. Right. Our perspective. And I think that I follow an African energy Congress guy on LinkedIn and he puts out things like that to say, like, you have your vision of what’s best for Africa, but you should listen to us like we have a vision, too. And we’re not we don’t hate green energy. We’re not trying to destroy the environment. But we’re trying to develop our country. So and I think that’s part of it. You have to listen to these people, and you see the bigger ones like China now, who’s in India who are starting to flex their muscles. And they’re not listening so much. They’re just saying you can say whatever you want there. We’re starting to take control of our own destiny. They have enough economic power now that they’re just saying, what are you trying to say a couple of weeks ago? So they have this belt and road initiative that they’re trying to build this trade route up northeast through a bunch of different countries. And Europe doesn’t like that. And so Europe came up with this plan or that group of seven, which is largely Europe and North America. And they said, well, we don’t like that. It’s not green enough. So here’s our own version of it. And China said that the days of a small group of countries telling us what to do is long over. So and I’ve never heard that before. So so maybe they’re just starting to flex their muscles there. And there are repercussions for the globe for that. It’s not all positive for everybody, because that is very unsettling when you have countries with billions of people starting to rewrite the rulebook like that. But it’s part of the course of history that’s just coming, I think, and there will be good that comes out of it so.  [00:23:02][158.0]

 

Stu Turley, ENB: [00:23:03] Well, that’s great, Heidi. What is your thing thinking? That’s a Texas way to talk, but  [00:23:08][4.9]

 

Heidi McKillop, Movie Mogul: [00:23:09] I think it would seem like make last I, I think, you know, it’s just it’s there is a huge change coming. And I believe that with the bottom of my heart is like I think that there is a lot of restructuring that needs to happen. And I think that’s why it’s so important that Canada and the United States work together, because our standard of living and our problems that we’re experiencing socially and also politically are very lines. They’re very, very similar. I mean, what happens in the United States is what kind of happens here in Canada. We have less population. So maybe not as dramatic as what we see in the news and speech, but it’s very similar. So we’ve got to take advantage of our relationship and say, OK, we need to start working together to improve our oil and gas standards and improve our environment, because we do waste a lot. We do take a lot. We’re human beings. I don’t think as a species we’re very giving to the environment. And in general, I think that’s something that everyone should always remember, you know, and I think that’s something to just kind of keep in mind when we’re having these broader conversations. But also we can expect our privileges and our way of living to completely deteriorate either. And that’s what that’s a broader conversation about energy that I find so fascinating is because if you look at everything that’s around us, I mean, I’ve grown up in in a smaller setting in a rural community, but I still have privilege. I had a beautiful house and running water. I had electricity and heat and everything I needed. And in terms of my human needs and people around the world don’t have that. And I think it’s kind of ironic that the lead humanitarians in the world and the green activists are actually the most unhumanitarian and unflavored, collaborative people overall and smaller groups that are doing better jobs. And it’s the smaller, independent, nonfunded form maybe it’s a club or whoever it is, but all these different ones that are completely changing the narrative. And they don’t even get the they don’t even get the praise for what they’re doing. And they’re doing great work all around the world. So.  [00:25:20][131.1]

 

Stu Turley, ENB: [00:25:20] You bet. Now, part of that solution, guys, is the pipeline. We need the heavy crude out of the oil sands. We talked about that last time, but this young lady brought this up. Well, today is with our strong pulls in supply. Is the supply in Canada also coming down as well too. Doyle supplied the oil supplies that are also being drawn down.  [00:25:48][27.7]

 

Terry The Canadian Energy Aficionado: [00:25:49] Yeah, that’s a natural market for it, really, the heavy oil. I mean, we can’t get it to either coast. Hardly. There is one pipeline that goes to the West Coast and it’s being expanded now. So that’ll help. But that’s only a fraction of the oil sands output or Western Canadian output. But the like this lady pointed out in the article, the a lot of refiners refineries on the U.S. Gulf Coast were built to take advantage of Mexican heavy crude and Venezuelan heavy crude. And their production has been falling for a long time. And so they’re short of heavy crude. And the U.S. has a surplus of light crude oil production. But that’s just going it doesn’t suit all of the refineries. So the heavy crude oil flow down to the U.S. refineries makes perfect economic sense. That’s what they’re built for. So.  [00:26:39][49.7]

 

Stu Turley, ENB: [00:26:39] Well, that sounds fantastic. I’ll tell you what, you guys are my favorite absolute Canadians on the planet. So I just want to say that  [00:26:47][8.1]

 

Terry The Canadian Energy Aficionado: [00:26:48] the better than Yagur  [00:26:49][0.8]

 

Stu Turley, ENB: [00:26:50] is all I have to get shot in a day.  [00:26:51][1.5]

 

Heidi McKillop, Movie Mogul: [00:26:51] What happens when you meet more Canadians? We might not be your favorite anymore.  [00:26:54][2.9]

 

Stu Turley, ENB: [00:26:55] Oh, absolutely. In a heartbeat. So you may have one holy-looking Texan up there. But I’ll tell you what, Heidi, I am so excited about your films coming out. And any time we can share snippets or sneak peek for folks, we sure love to get that word out. And I can’t wait to see a humanitarian look at oil and education. I’m not being silly. I’m thinking that this is really important.  [00:27:27][32.3]

 

Heidi McKillop, Movie Mogul: [00:27:29] Yeah, I believe I believe that with all my heart, I think it’s definitely what is missing from the conversation. It’s you know, this is general likability that we’ve done a really bad job at. And like, I love Terry’s work because Terry really combines research with this fine upbeat or sometimes it’s cynical, but there’s always a personality. There’s always emotion. I get out of his writing fun. Yeah. I might have super fun, I guess one of my closest friends. So I guess I’m biased. But the one thing that I find is so important is when he writes, and I generally stick to a lot of his writing for information because I get I get bored when it’s too dry. And I love this stuff. Obviously, you know, this is my work. This is something I indulge in a lot that even I can’t read very many articles. I’m like, OK, this is just feel like I’m back in university and back in school, like something a little bit more interesting. And I like his take on things and how he combines that. And I just use a lot of that foundation and created a little bit more feminine, a little bit more relatable to someone that doesn’t know energy at all.  [00:28:38][69.8]

 

Stu Turley, ENB: [00:28:39] Well, Heidi, I’m so glad that you’re feminine and caring. Yeah. You have to give us your final thoughts today and what would be coming around the corner for you guys in the next few months or what do you see in the Canadian front coming in?  [00:28:57][18.1]

 

Terry The Canadian Energy Aficionado: [00:28:58] Oh, that’s a good question. Well, the world is changing again. Like the demand is coming back so strong. The prices are very healthy. I saw an article this morning that said that the Canadian cash flow and the United States probably to producers cash flow may never have been stronger before then. It will be in the next couple of years because natural gas prices are up and oil prices are up. So so we have this very weird environment where the companies are roaring back from the dead and but the money’s not going back into growth again this time. It’s because it’s just being channeled elsewhere. So I think it’s going to be a very unusual environment. But at the same time, we’re seeing more and more and more stories unfold, like Texas, like California, like New York, with power shortages. And and this is just this is going to become more and more common and people are going to have to start dealing with that reality. And that’s where I think maybe messaging like, hi, this is very timely, where the light bulbs are going to start going on for people going, oh, yeah, yeah. So why is the power going out now? And and then you see a message that says, you know, everything you have comes from the source, and you can’t live without it. And if you don’t believe us, look out the window. And I think that’s we haven’t had that before. Right. We’ve had we’ve been living in luxury and reliability for so long. It’s been taken for granted, which is one reason politicians get away with. What they do is because it’s been so reliable for so long. And yeah, we don’t want to go. We just buy it from somewhere else or whatever. It’s always been there. And when it’s not, maybe the lights will start finally going on.  [00:30:35][96.2]

 

Heidi McKillop, Movie Mogul: [00:30:35] So well, the tax revenue part of it is just astounding. Oh yeah. I mean, just because producers are producing more and the royalties are going up, I. I would love to have an accountability conversation with their politicians and be like, hey, just because you have more cash flow doesn’t mean you can spend more. It means you get more efficient and you save more. Oh, no, it’s just basic one on one. I just.  [00:30:57][22.4]

 

Stu Turley, ENB: [00:30:58] Well, in the U.S., we just print money, so to do it.  [00:31:03][4.7]

 

Heidi McKillop, Movie Mogul: [00:31:03] And that is well up here. It was a big  [00:31:05][1.7]

 

Stu Turley, ENB: [00:31:06] oh, I’m a little more conservative than printing money anyway. Guys, I cannot wait till next month, especially with as many views as you guys draw. And that is cool. Yeah. Don’t miss out on our app, on the Energy Newsbeat app, on the play store and on Google as well, Google and Apple. So again, guys, we will see you guys next month.  [00:31:34][28.2]

 

Heidi McKillop, Movie Mogul: [00:31:35] Thanks to your good doctor, you guys.  [00:31:35][0.0]

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