U.S. oil and natural gas production from Pennsylvania could help power Ontario and Quebec for instance, even as Canadian shale flowed through pipelines from Alberta to the U.S. Infrastructure matters a lot in these settings, especially given the difficulties most companies are facing in building new pipelines (Exhibit A: see the Dakota Access Pipeline). (oilprice.com)
Specifically, the authors, Peter Erikson and Michael Lazarus of the Stockholm Environment Institute, estimate that if all 830,000 barrels per day (bpd) of oil flowing through the pipeline is additional oil in the global supply, KXL would lower global oil prices by $ 6 per barrel (see chart below). (globalwarming.org)
In a recent advertisement published in British Columbia newspapers, the Alberta government accused its B.C. counterpart of «trying to break the rules of Confederation» by considering limits on the amount of diluted bitumen that can flow through pipelines in B.C. «The disregard for the rule of law puts our national economy in danger,» the ad said. (rabble.ca)