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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (20916)	2/2/2013 2:49:28 AM
From: westslope	Read Replies (1) \| Respond to of 24928

Re: Energy minister solidifies federal acceptance of west-to-east oil pipeline Oliver said industry participants have built a solid business case for the proposal, and he supports it, so long as it passes the necessary regulatory hurdles. A sold business case in Canadian political lingo could mean only some subsidies, not a lot of subsidies. A Trans-Canada heavy oil pipeline would likely be expensive even if it was just a retrofit. In the best of all possible worlds, The PQ government in Québec realizes that the provincial economy is stuttering and that a large modern, refinery equipped to refine dil-bit would create a lot of jobs and generate significant wealth. If Utica Shale natural gas could inexpensively come out in large quantities, all the better, as the natural gas could be used to power the refineries. I suspect that at some point scale matters. Toss a large Québec mega-refinery into the ring with New Brunswick already keenly interested and that pipeline could be a go. A guy can dream, eh?