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Two of Enbridge’s (ENB) top-priority projects could be in for a rough ride. A plan to...

Two of Enbridge’s (ENB) top-priority projects could be in for a rough ride. A plan to nearly double capacity on an existing pipeline from Alberta to Wisconsin to 880K bbl/day - more than the Keystone pipeline - will be subject to increased scrutiny as the U.S. State Department begins its review. And the likely takeover by a new energy-wary government in British Columbia could jeopardize its Northern Gateway oil sands pipeline.
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  • Randal James
    , contributor
    Comments (2753) | Send Message
     
    This is for those of you well-versed in Canada and ENB. I read a post the other day from a Canadian who believed that the delay of the major pipeline to the gulf was a disappointment but also a blessing-in-disguise. It relieves Canadians from the mindset that their energy situation must somehow be tethered to the US. I tend to agree. Those oil sands will be there for a long time and unless some situation allows the refined product to move overseas, the revenues and perhaps profits can be manipulated by US policy.

     

    Some point out that the logical idea is a reverse pipeline that sends oil to the population-rich provinces and a second that takes the short hop over to BC where a big refinery could send all types of oil products to a resource-deprived Asia. This view made sense to me.

     

    I understand why tribal interests may have significant concerns - often overcome financially - over pipeline placement and other details. But why would any government, which has the power to demand sweeping safeguards, not be enthusiastic about this idea for BC & ENB? It seems if a western pipeline is not built, they will use rail transport and if a refinery is not allowed, the pipeline will go south and be shipped from Washington or Oregon ports. In other words, every decision against ENB will improve someone else's situation.
    2 May 2013, 09:30 PM Reply Like
  • jack20
    , contributor
    Comments (300) | Send Message
     
    Randal: Well thought out and logical. I am a U.S. citizen very disappointed in the Harper non response to the Keystone delay. Kinder Morgan already has a oil pipeline, Trans Mountain carrying 300,000 barrels/day, Edmonton to Burnaby, BC. KM submitted a proposal to increase this pipeline, IN ITS EXISTING RIGHT-WAY, to 700,000 per day. To date no approval. The day the Keystone was delayed again the Canadian reaction should have been "We will show you." Shame. Shame on Harper. Remember "It is a dumb rat that doesn't have at least 2 holes to go down!"
    3 May 2013, 09:30 AM Reply Like
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