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Gold/Mining/Energy : Canadian Oil & Gas Companies

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From: axial	7/19/2012 1:50:13 PM
	2 Recommendations Read Replies (4) of 24928

Senate energy committee backs sending western oil east 'The Senate’s Conservative-led energy committee is throwing its support behind efforts to ship western oil east to be refined in Ontario and Quebec.Acknowledging Canada has so far failed to secure public support for shipping oil sands oil south to the United States and a new pipeline to the Pacific remains controversial, the committee’s Conservative chair David Angus says looking east is a “no brainer.” The outgoing Quebec Senator said it doesn’t make sense for eastern provinces to be importing oil from countries like Algeria and Venezuela when there is excess supply in the west. “It’s pretty crazy when you have such bountiful supplies of your own,” he said, embracing the argument that Canadian oil is more “ethical” than imported oil. “Why would we have all these ships coming in from Nigeria into the St. Lawrence river with crude oil when we’ve got so much of it in other places of the country?” theglobeandmail.com Jim

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