Jun 16, 2012

Oil companies in #Alberta sands complain that they are losing revenues from Canada pipeline bottlenecks.

LONDON, Ontario — As the United States continues to play political Ping-Pong with the fate of the Keystone XL pipeline, Canadian officials and companies are desperately seeking alternatives to get the country’s nearly 200 billion barrels in oil reserves — almost equal to that of Saudi Arabia — to market from landlocked Alberta.

NY Times - Oil companies complain that they are losing revenues from pipeline bottlenecks. So Canada is plunging ahead with plans to build more pipelines of its own.

To hasten development of new export routes, the Conservative government is streamlining permit processes by accelerating scheduled hearings and limiting public comment. The government has also threatened to revoke the charitable status of environmental groups that are challenging the projects. And Public Safety Canada, the equivalent of the United States Department of Homeland Security, has classified environmentalists as a potential source of domestic terrorism, adding them to a list that includes white supremacists.

Please continue reading by Michael McElroy for The New York Times