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SURVEY RESULTS ON OIL TRANSPORTATION

Survey Results on Oil Transportation

Study Released February 28, 2017

Commodity Report - Crude Oil - January 2017

In November 2016, the federal government approved Kinder Morgan’s Trans Mountain Pipeline and Enbridge’s replacement of the Line 3 pipeline. In January this year, TransCanada’s Keystone XL was revived by support from the new US administration.1 Energy East pipeline hearings were also restarted in January after the National Energy Board (NEB) changed several key panel members. All of this would, if implemented, add almost 2.9 million barrels per day of capacity to deliver Canadian oil to Asia and the US markets. Projects are expected to spur economic activity, bring substantial investments and recurring profits and tax revenues across the entire country for decades. But are these projects supported by Canadians?.... Download full report.

January 2017