Title: The Cost of Pipeline Constrains in Canada Author: Elmira Aliakbari and Ashley Stedman Publisher: Fraser Research Date: May, 2018 Full Text Article Summary: Despite the steady growth in crude oil available for export, new pipeline projects in Canada continue to face delays related to environmental and regulatory impediments as well as political opposition.
Currently, Canada’s oil and gas industry must sell its products at a discount because of restricted market access. Would any other Canadian industry tolerate operating under these conditions?
More than 73,000 kilometers of pipelines are federally regulated in Canada, moving 1.3 billion barrels a year. 99% of liquids transported by these pipelines are delivered safely, and 100% of liquids released from them in the past three years have been recovered
According to a 2014 Fraser Institute study, pipelines are 4.5 times safer than rail as a means of transporting oil and gas.