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TitleThe economic benefits of pipeline projects to eastern Canada
Publication TypeMiscellaneous
Year of Publication2013
AuthorsMinardi, J. - F.
Pagination4 pages
Date Published09/2013
PublisherMontreal Economic Institute
Place PublishedMontreal, QC
Publication Languageeng
Keywordseconomics, pipeline

Geographically, Canada is situated just north of one of the world's largest markets of energy consumers, and nearly 99% of Canadian crude oil exports find their way to American refineries. However, thanks in part to the remarkable development in recent years of new technologies like horizontal drilling and hydraulic fracturing in shale rock formations, the United States has substantially increased its production of hydrocarbons. This evolution, related to the growth potential of production in Alberta, carries the risks that the supply of Canadian oil will exceed demand in certain regions of North America.

Locational Keywords

Alberta oil sands

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