If Alberta oil heads east, benefits for Ontario are hard to see @JeffRubin Globeandmail #oilgas #pipeline #EnergyEast Part of TransCanada’s plan for building Energy East includes converting an existing natural gas pipeline to carry bitumen from the oil sands. The move to retrofit the line isn’t without costs to the province. Ontario’s supply of natural gas would be cut by roughly 25 per cent, leaving some regions with few obvious alternatives to substitute for the loss. An offer from TransCanada to build a new natural gas line to the province seems good on the surface, but considerably less magnanimous when you consider it’s asking the Ontario Energy Board to approve a 52.3-per-cent increase to the rates it charges to some of its customers. theglobeandmail/report-on-business/industry-news/energy-and-resources/if-alberta-oil-heads-east-benefits-for-ontario-are-hard-to-see/article19487520/
Posted on: Fri, 11 Jul 2014 23:11:06 +0000
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