“… “Certainly the Northwest Territories is in a good location when it comes to the possible routing of the pipeline north,” David Ramsay, the territory’s industry minister, said in a recent interview.
Ramsay envisions a pipeline that would transport Alberta crude through the Northwest Territories and the Yukon to Alaska, where it could be shipped to Asia on tankers.
The line could also transport crude out of the Canol shale oil deposit, a potentially huge, but early stage, resource in the Northwest Territories’ Central Mackenzie Valley.
Producers in the oilsands have been anxious to get their crude to markets that can pay the best price, but a dearth of pipelines to tidewater has made that difficult.
Political opposition in British Columbia, which goes to the polls on Tuesday, could scuttle two West Coast oil pipelines that would connect Alberta crude to Asia…..”
Image: The Assembly Building of the Northwest Territories © 2011 George Lessard
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