Energy
U.S. halt on LNG exports presents new opportunity for Canada

From the Fraser Institute
By Julio Mejía and Elmira Aliakbari
The Biden administration recently paused the approval of permits for liquefied natural gas (LNG) exports, which will force U.S. allies to explore alternative sources of LNG, opening the door for Canada. In fact, if Canadian policymakers remove certain regulatory hurdles, they can help position Canada as a leading global provider of clean and reliable natural gas while also helping create jobs and prosperity in British Columbia, Alberta and beyond.
Following Putin’s invasion of Ukraine, President Biden committed to supplying steady LNG to the European Union, aiming to reduce reliance on Russian gas. By 2023, the United States had become the world’s top LNG exporter, with several European countries importing more than half of America’s LNG exports. However, President Biden also pledged to transition the U.S. away from fossil fuels so he’s paused LNG exports to appease his environmentalist constituency ahead of the upcoming U.S. presidential election.
But this pause comes at a crucial time for European countries grappling with energy shortages and rising prices. Last year, energy-intensive industries in Europe scaled back or halted production amid soaring energy prices, and Germany, Europe’s largest economy, narrowly avoided a recession caused by energy supply shortages. To keep the lights on, European countries have been forced to revert to coal-fired power plants, an energy source that contributes more CO2 emissions than natural gas.
Following the U.S. decision, European and Asian countries (including China) are exploring alternative LNG suppliers, again creating a potential void that Canada could fill. Japan and Germany have already turned to Canada.
Canada’s vast natural resources hold the potential to make a significant positive impact on global energy security, reliability, and emissions reduction by reducing reliance on coal. Despite possessing “the most prolific and lower-cost North American gas resources,” as emphasized by McKinsey’s recent report, development in Canada has encountered challenges largely due to government regulatory barriers. Presently, Canada lacks any operational LNG export terminals, unlike the U.S., which has 27 such facilities. The LNG Canada development in B.C. is slated to become Canada’s first operational facility, expected to begin exporting by 2025.
The absence of LNG export infrastructure in Canada has led domestic natural gas producers to depend on U.S. LNG facilities for exporting. However, with the recent halt on approving new LNG projects south of the border, there’s an urgent need for Canada to establish its own infrastructure if we’re going to seize this opportunity to be a global LNG supplier.
Forecasts indicate steady and growing global demand for LNG. McKinsey’s recent report anticipates an annual increase in global LNG demand of 1.5 per cent to 3 per cent to 2035. And according to the latest report by the International Energy Agency (IEA), limited new LNG production means supply will remain tight.
Despite promising opportunities, various government initiatives including CleanBC (the B.C. government’s plan to reduce greenhouse gas emissions,) the Trudeau government’s emissions caps on the oil and gas sector, and federal Bill C-69 (which added more red tape and complexity to the assessment process for major energy projects) have created uncertainty and deterred, if not outright prohibited, investment in the sector.
Canada has an opportunity to provide clean and reliable natural gas to our allies, help improve the world’s energy security and reduce global greenhouse gas emissions. The federal and provincial governments must remove regulatory barriers to allow for the needed infrastructure and investment in the LNG sector, which will also provide jobs and prosperity here at home.
Authors:
Energy
B.C. Residents File Competition Bureau Complaint Against David Suzuki Foundation for Use of False Imagery in Anti-Energy Campaigns

From Energy Now and The Canadian Newswire
A group of eight residents of Northeast British Columbia have filed a formal application for inquiry with Canada’s Competition Bureau, calling for an investigation into the David Suzuki Foundation’s (the Foundation) use of false and misleading imagery in its anti-energy campaigns.
The complaint alleges that the Foundation has repeatedly used a two-decade-old aerial photograph of Wyoming gas wells to falsely depict modern natural gas development in B.C.’s Montney Formation. This area produces roughly half of Canada’s natural gas.
Key Facts:
- The misleading image has been used on the Foundation’s website, social media pages, reports and donation appeals.
- The Foundation has acknowledged the image’s true source (Wyoming) in some contexts but has continued to use it to represent B.C. development.
- The residents claim this materially misleads donors and the public, violating Section 74.01(1) of the Competition Act.
- The complaint is filed under Sections 9 and 10 of the Act, asking the Bureau to investigate and impose remedies including ceasing the conduct, publishing corrective notices, and returning proceeds.
Quote from Deena Del Giusto, Spokesperson:
“This is about fairness and truth. The people of Northeast B.C. are proud of the work they do to produce energy for Canada and the world. They deserve honest debate, not scare tactics and misleading imagery used to raise millions in donations. We’re asking the Competition Bureau to hold the David Suzuki Foundation to the same standard businesses face: tell the truth.”
Background:
Natural gas development in the Montney Formation supports thousands of jobs and fuels economic activity across the region. Accurate public information is vital to informed debate, especially as many Canadians live far from production sites.
SOURCE Deena Del Giusto
Economy
Trump opens door to Iranian oil exports

This article supplied by Troy Media.
U.S. President Donald Trump’s chaotic foreign policy is unravelling years of pressure on Iran and fuelling a surge of Iranian oil into global markets. His recent pivot to allow China to buy Iranian crude, despite previously trying to crush those exports, marks a sharp shift from strategic pressure to transactional diplomacy.
This unpredictability isn’t just confusing allies—it’s transforming global oil flows. One day, Trump vetoes an Israeli plan to assassinate Iran’s supreme leader, Ayatollah Khamenei. Days later, he calls for Iran’s unconditional surrender. After announcing a ceasefire between Iran, Israel and the United States, Trump praises both sides then lashes out at them the next day.
The biggest shock came when Trump posted on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” The statement reversed the “maximum pressure” campaign he reinstated in February, which aimed to drive Iran’s oil exports to zero. The campaign reimposes sanctions on Tehran, threatening penalties on any country or company buying Iranian crude,
with the goal of crippling Iran’s economy and nuclear ambitions.
This wasn’t foreign policy—it was deal-making. Trump is brokering calm in the Middle East not for strategy, but to boost American oil sales to China. And in the process, he’s giving Iran room to move.
The effects of this shift in U.S. policy are already visible in trade data. Chinese imports of Iranian crude hit record levels in June. Ship-tracking firm Vortexa reported more than 1.8 million barrels per day imported between June 1 and 20. Kpler data, covering June 1 to 27, showed a 1.46 million bpd average, nearly 500,000 more than in May.
Much of the supply came from discounted May loadings destined for China’s independent refineries—the so-called “teapots”—stocking up ahead of peak summer demand. After hostilities broke out between Iran and Israel on June 12, Iran ramped up exports even further, increasing daily crude shipments by 44 per cent within a week.
Iran is under heavy U.S. sanctions, and its oil is typically sold at a discount, especially to China, the world’s largest oil importer. These discounted barrels undercut other exporters, including U.S. allies and global producers like Canada, reducing global prices and shifting power dynamics in the energy market.
All of this happened with full knowledge of the U.S. administration. Analysts now expect Iranian crude to continue flowing freely, as long as Trump sees strategic or economic value in it—though that position could reverse without warning.
Complicating matters is progress toward a U.S.-China trade deal. Commerce Secretary Howard Lutnick told reporters that an agreement reached in May has now been finalized. China later confirmed the understanding. Trump’s oil concession may be part of that broader détente, but it comes at the cost of any consistent pressure on Iran.
Meanwhile, despite Trump’s claims of obliterating Iran’s nuclear program, early reports suggest U.S. strikes merely delayed Tehran’s capabilities by a few months. The public posture of strength contrasts with a quieter reality: Iranian oil is once again flooding global markets.
With OPEC+ also boosting output monthly, there is no shortage of crude on the horizon. In fact, oversupply may once again define the market—and Trump’s erratic diplomacy is helping drive it.
For Canadian producers, especially in Alberta, the return of cheap Iranian oil can mean downward pressure on global prices and stiffer competition in key markets. And with global energy supply increasingly shaped by impulsive political decisions, Canada’s energy sector remains vulnerable to forces far beyond its borders.
This is the new reality: unpredictability at the top is shaping the oil market more than any cartel or conflict. And for now, Iran is winning.
Toronto-based Rashid Husain Syed is a highly regarded analyst specializing in energy and politics, particularly in the Middle East. In addition to his contributions to local and international newspapers, Rashid frequently lends his expertise as a speaker at global conferences. Organizations such as the Department of Energy in Washington and the International Energy Agency in Paris have sought his insights on global energy matters.
Troy Media empowers Canadian community news outlets by providing independent, insightful analysis and commentary. Our mission is to support local media in helping Canadians stay informed and engaged by delivering reliable content that strengthens community connections and deepens understanding across the country.
-
Alberta7 hours ago
Alberta Independence Seekers Take First Step: Citizen Initiative Application Approved, Notice of Initiative Petition Issued
-
Crime6 hours ago
National Health Care Fraud Takedown Results in 324 Defendants Charged in Connection with Over $14.6 Billion in Alleged Fraud
-
Health5 hours ago
RFK Jr. Unloads Disturbing Vaccine Secrets on Tucker—And Surprises Everyone on Trump
-
Bruce Dowbiggin8 hours ago
The Game That Let Canadians Forgive The Liberals — Again
-
Agriculture2 days ago
Canada’s supply management system is failing consumers
-
Alberta1 day ago
COVID mandates protester in Canada released on bail after over 2 years in jail
-
armed forces1 day ago
Canada’s Military Can’t Be Fixed With Cash Alone
-
Crime2 days ago
Project Sleeping Giant: Inside the Chinese Mercantile Machine Linking Beijing’s Underground Banks and the Sinaloa Cartel