Yes. I have reached the same conclusion.
As we can see, no private investors are breaking down doors to say that they want to invest. In my opinion, this is a good sign. The message is quite clear. As discussed, global oil prices are in decline and we're in oversupply. This means that adding expensive transportation infrastructure becomes a problem in a market where prices are falling and the quantities required are likely to decline in the coming years. This will further exacerbate global overproduction.
For natural gas, the path to take is perhaps a bit less clear. However, I fully agree with Mr. Mousseau's assessment that liquefied natural gas will become oversupplied worldwide and that Canada will find it tough to compete in this situation.