cover image: With the Latest Developments on the North American Pipeline Landscape, is Energy East Necessary? /

Premium

20.500.12592/k12tfd

With the Latest Developments on the North American Pipeline Landscape, is Energy East Necessary? /

17 Apr 2017

Most of the project, from Western Canada to Montreal, is the repurposing of the existing TransCanada gas mainline. [...] The need for the gas mainline may become redundant due to ever-increasing gas supply1 from the United States into Ontario and Quebec and the eventuality of western Canadian LNG exports from Canada’s West Coast. [...] In November 2016, Prime Minister Justin Trudeau took the controversial step of approving the expansion of the Trans Mountain pipeline from Edmonton to Burnaby and the upgrading of Enbridge’s Line 3 from Edmonton to Superior, Wis. [...] However, this paper looks at four: the ever-fluid and dynamic global oil trade and Canada’s place in it; Canada’s asymmetric oil relationship with the U. S.; the safety, economic benefits and relative simplicity of the construction and operation of the Energy East pipeline; and export optionality for this largest of Canadian resources. [...] According to the International Energy Agency’s (IEA) latest World Energy Outlook (released in November 2016), oil and natural gas will still supply over 50 per cent of the world’s energy in 2040.4 For example, the IEA projects that by 2030, India will be the world’s largest oil importer, ahead of China and the U. S. Canada has ample opportunity to supply this burgeoning market if the nation has th
energy politics economy natural gas petroleum chemicals crude oil petroleum industry pipelines energy industry prices railway transport transport oil pipeline transport economic sector oilsands keystone xl keystone pipeline oil sands iea energy and resource energy east enbridge economy, business and finance tidewater
ISBN
9781988493305
Pages
8
Published in
Ottawa, ON, CA

Related Topics

All