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Gold/Mining/Energy : Canadian Oil & Gas Companies

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VisionsOfSugarplums

To: westslope who wrote (19141)	10/8/2014 10:54:50 AM
From: axial	1 Recommendation Read Replies (2) of 24928

How Alberta’s oil patch teamed up with the ‘little guys’ for an end run around Obama ' In this period of national gloom comes an idea — a crazy-sounding notion, or maybe, actually, an epiphany. How about an all-Canadian route to liberate that oil sands crude from Alberta’s isolation and America’s fickleness? Canada’s own environmental and aboriginal politics are holding up a shorter and cheaper pipeline to the Pacific that would supply a shipping portal to oil-thirsty Asia. So, instead, go east — all the way to the Atlantic. Thus was born Energy East, an improbable pipeline that its backers say has a high probability of being built. It will cost $12-billion and could be up and running by 2018. Its 4,600-kilometer path, taking advantage of a vast length of existing and underused natural gas pipeline, would wend through six provinces and four time zones. It would be Keystone on steroids, more than twice as long and carrying one-third more crude.' business.financialpost.com Jim

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