Thursday, December 19, 2013

Regulator OKs oil pipeline to Pacific Coast

http://www.miamiherald.com/2013/12/19/3828306/regulator-oks-oil-pipeline-to.html

Canada's regulator recommended Thursday the government approve a proposed pipeline to the Pacific Coast that would allow Canada's oil to be shipped to Asia.

A three-person review panel said opening Pacific markets to Canadian oil is important to the economy and thus supported Enbridge's controversial pipeline. There are 209 conditions, but no major potential stumbling blocks such as a route change.

Natural Resource Minister Joe Oliver said the government will review the report and consult with affected aboriginal groups before making a decision. Prime Minister Stephen Harper's Conservative government has staunchly supported the pipeline after the United States delayed a final decision on TransCanada's Keystone XL pipeline that would take oil from Alberta to the U.S. Gulf Coast.
    
The Northern Gateway pipeline would transport 525,000 barrels of oil a day from Alberta's oil sands to the Pacific to deliver oil to Asia, mainly energy-hungry China.

There is fierce environmental and aboriginal opposition and court challenges are expected. Opponents fear pipeline leaks and a potential Exxon Valdez-like disaster on the pristine Pacific coast. About 220 large oil tankers a year would visit the Pacific coast town of Kitamat.

Read more here: http://www.miamiherald.com/2013/12/19/3828306/regulator-oks-oil-pipeline-to.html#storylink=cpy

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