Apparently, in the eyes of the B.C. government, the National Energy Board is not up to the task.
Last week Kinder Morgan projected that the Trans Mountain pipeline project could be a year behind schedule.
The oil price and volume of production drive the Alberta and Saskatchewan crude oil royalty formulas.
Alberta’s new carbon tax, and higher corporate and personal income taxes, all contribute to a poor investment climate.
The $16 billion Energy East and Eastern Mainline pipeline proposal was regulated to death.
The National Energy Board will assess the Energy East and Eastern Mainline pipeline projects.
More than 99 per cent of crude oil and petroleum products transported by pipelines arrive at their final destination.
Enbridge won the support of the majority of aboriginal groups along the path of the pipeline.
If safety is really the number one concern, then the best option is to just build pipelines rather than tinker with regulations governing the oil by rail industry.