Canada will likely need more pipelines over next decade

A memo to the Canadian Minister of Finance dated December 2015 reportedly states that “the low price environment has led to oil production forecasts being revised downwards, meaning that sufficient capacity (from both rail and pipelines) is projected to exist to transport oil until at least 2025.”  Although the Liberal government may be relying on this argument to rationalize the lengthy additions it has made to review periods applicable to the major pipeline projects currently in process, Canadians should not be misled. In fact, there’s a strong likelihood that new oil pipeline capacity will be needed before 2025.The historical record

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