Episode Details

Canadas oil sector is reaping significant benefits from the Trans Mountain pipeline expansion, with non-US exports surging and industry revenues soaring. The price gap between light US crude and heavy Alberta blends narrowed, boosting industry profits. Think tanks and even climate-focused groups support building more pipelines for better global access. Alberta plans to apply for a pipeline to northern British Columbia, aiming to ship one million barrels a day to Asia. Despite a planned carbon price increase, projections show net profits and royalties rising, highlighting Canadas push to unlock resources while balancing emissions goals.

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