Todd Korol / Reuters
And lots of it depends on pipelines being built.
WASHINGTON - A 50-per cent plunge in the price of crude oil, resulting from abundant global oil supplies, and cheaper gasoline at the pump raise critical questions about whether the Keystone XL oil pi...
Recent events, like the tragic explosion in Lac-Megantic and the near-disasters recently in Casselton, North Dakota and Plaster Rock, New Brunswick, have put the transportation of oil by rail into question.
Safety concerns, especially with the more volatile and lighter shale oil that comes from the Bakken oil fields of Saskatchewan and North Dakota, are becoming real deterrents to moving oil by rail.
After decades of being out of sight and out of mind, pipelines are booming again in Canada with proposals for 14 new or expanded oil and gas pipeline projects. Compare that to five years ago, when th...