menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Varcoe: Trump's pipeline permit opens door for more Canadian oil — where does that leave line to B.C. coast?

17 0
previous day

Some forces are undeniable, like gravity — or U.S. President Donald Trump backing more oil infrastructure.

On Thursday, the inevitable pull and push of Canadian crude into the orbit of the United States appeared to prove that point, as the American president signed off on a permit that could lead to a proposed cross-border pipeline.

Pitched by Bridger Pipeline LLC, the development would take oil from Western Canada at the border — moved through pipe built in Canada for the ill-fated Keystone XL system — and ship it to Guernsey, Wyo.

If Bridger makes a positive final investment decision, it’s anticipated the line would initially ship about 550,000 barrels per day (bpd). Oil would reportedly be transported to the U.S. border through South Bow Corp.’s pre-invested KXL infrastructure in Canada, if the Calgary-based company moves forward with its Prairie Connector project.

SUBSCRIBER EXCLUSIVE: FP West: Energy Insider brings you behind the oilpatch’s closed doors with exclusive insights from insiders every Wednesday morning.

There was an error, please provide a valid email address.

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

A welcome email is on its way. If you don't see it, please check your junk folder.

The next issue of FP West: Energy Insider will soon be in your inbox.

We encountered an issue signing you up. Please try again

Interested in more newsletters? Browse here.

If the broader export project proceeds, the pipeline could arrive at a key moment for Canada’s energy sector as production increases.

Existing oil pipelines are expected to be running full later this decade, depending on the timing of planned optimization efforts of the Trans Mountain network and Enbridge’s Mainline system.

By 2030, Canadian oil production is expected to grow by about 500,000 bpd above last year’s levels, topping 5.8........

© Calgary Herald