25 Feb, 24

Canada Oil Faces Fresh Pipeline Shortage

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For years, Canadian oil producers have been struggling with insufficient pipeline capacity to take their products to buyers. Anti-pipeline policies have been a big reason for that, along with environmental opposition. Now, the same government that has been following the above policies is close to completing the biggest pipeline project in years: the Trans Mountain pipeline expansion. But it seems it may be too little, too late for the industry, with warnings already flashing about a coming capacity shortage. The expanded Trans Mountain will add…

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