Quote:
Originally Posted by bornagainbiking
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Maybe run a pipeline here to an Ontario refinery and we could see some benefit.
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Hell yes, that would be a great idea!!! So great in fact that it was built in 1953!!!! Then extended all the way to Montreal in 1976!! So while the pipelines ALREADY exist, it is used to bring in oil from the middle east via Portland to refineries in Montreal and Sarnia.
So while the pipeline infrastructure is there to send bitumen to Ontario and Quebec, what isn't there is the refining capacity nor the desire to do anything about it.
Shell wanted to spend Billions and build a heavy oil refinery in Sarnia - and create 1000's of jobs - but the environmental concerns associated with a new refinery killed it.
Enbridge wanted to reverse the flow of it's pipelines to Montreal to allow up to 200,000 barrels a day of bitumen to be shipped to Montreal for processing and then onto Portland for export. Of course it was stopped by the
environmental groups .
So really the way is already there for Ontario and Quebec to cash in bigtime on the value added end of bitumen - the processing and selling of high value products. What isn't there is the will. Of course the US gulf coast is more than willing to pitch in and accept the work that Ontario and Quebec don't want.