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I highly suspect that the pipeline will be built. That gas is getting much more valuable every day. 67tcf (the estimate on Wikipedia) is worth 356B USD at $5.31/1000cf. Even if it costs 36B USD to build the pipeline money will be available. And $5.31/1000cf is a floor given the current NA production outlook
But I agree with your overall outlook.
Hi Tom, you may well be right so you will win a coffee.
I suspect you might have better coffee in VA than we will have by that time so I may have to mail it to you or take the train down.
One caution though. The gas amounts aren't all proven and I think investors, including the Canadian government might be reluctant to pony up. We will see more drilling up there so a better picture should emerge. I agree with you the price is a floor and will rise dramatically in the not too distant future.
Don