Increased capacity to move oil to tidewater should eliminate the gap between world oil prices and prices in North America.
kinder morgan pipeline
B.C. Premier John Horgan says the nationalization of the Trans Mountain pipeline expansion doesn’t allay his concerns.
The Trudeau government’s decision is an admission that Canada’s approval process for major infrastructure projects is broken.
Pipelines are 2.5 times safer than rail transport.
The proposed Enbridge Line 3 pipeline would carry 760,000 barrels per day from Alberta to Wisconsin.
Premier John Horgan has led B.C.’s obstruction of the pipeline project.
At least 51 First Nation communities signed agreements worth more than $400 million with the Trans Mountain pipeline project.
Without adequate access to pipelines—the cheaper and safer mode of transportation—there has been a shift to more crude-by-rail.
The federal carbon-price scheme raises Alberta’s carbon tax to $50 per tonne by 2022.