Almost every day since the expansion of Canada’s Trans Mountain pipeline, a tanker laden with oil bounds for China and Japan, among other markets.
Almost every day since the expansion of Canada ’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands crude shipped through the line has passed under Vancouver’s Lions Gate Bridge en route to refineries around the Pacific.
Canada’s oil industry has long pushed for more pipelines, both to its own coasts and to the U.S., only to see them thwarted by opposition from environmental groups, Indigenous communities and courts as well as the country’s own federal and provincial governments. Energy East would have converted an existing natural gas pipeline to carry about 1.1 million barrels of oil a day from Alberta and Saskatchewan to refineries and a shipping terminal in eastern Canada. Crucially, that would avoid moving crude through the US, as is done on Enbridge Inc.’s Line 5, which crosses the border on its route to Ontario and Quebec.
Canada’s government should declare an energy emergency to streamline the regulatory process for Energy East and Northern Gateway, start building them in the coming months and complete them while Trump is still in office, Strathcona’s Waterous said. Even with company support, new pipelines would likely take years and billions of dollars to build. The cost of the Trans Mountain expansion, which nearly tripled the line’s capacity to 890,000 barrels a day, ballooned more than sixfold by the time it was completed. That bill was largely footed by Canadian taxpayers because Trudeau’s government bought the line in 2018 to save it from cancellation by original proponent Kinder Morgan.
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