Amidst Obama’s Keystone Delays, Canadians Cheer East-West Pipeline Proposal, Herald Jobs Potential
Last week, as President Obama was publicly lampooning the potential jobs that would be created by the Keystone XL pipeline and spreading false jobs figures, TransCanada announced it was proceeding with the $12 billion Energy East Pipeline that would carry crude oil from Alberta to New Brunswick. The pipeline would carry approximately 1.1 million barrels a day to refineries on the Atlantic seaboard. Upon the announcement, leading Canadian newspapers embraced the project. The Toronto Sun declared “Bring on the east-west pipeline!” and highlighted the project’s jobs potential. The Calgary Herald called the announcement “welcome news for all Canadians” and offered praise that the “Energy East line would create jobs in Canada” and “help wean Eastern Canada off imported oil supplies, while allowing producers to reach lucrative markets in Asia.” The newspaper also lamented President Obama’s recent Keystone attacks and “paltry” jobs estimates that “don’t mesh with figures produced by his own State Department…”
As the president barnstorms the United States and undercuts the Keystone project, the Canadians are paying very close attention. Our northern neighbors understand the importance the landmark project plays for jobs and energy security. It is well past time for the president to embrace its benefits and realize the Keystone XL pipeline is in our national interest. It’s time to build the pipeline and put folks back to work.
Editorial: Go east, young pipeline
August 1, 2013
TransCanada Corp. is still optimistic its beleaguered Keystone XL pipeline will receive U.S. President Barack Obama’s blessing, but the company’s decision Thursday to proceed with a $12-billion project that would carry western crude as far east as New Brunswick is welcome news for all Canadians.
The Keystone XL line, after all, simply provides the capacity to send greater quantities of heavy crude to the United States, already the recipient of 99 per cent of Canada’s oil exports.
The so-called Energy East line would deliver crude to refineries in Quebec and in Saint John, N.B., where Irving Oil pledged Thursday to build a $300-million marine facility to handle the product.
The Energy East line would create jobs in Canada instead of shipping them south, providing needed employment for Canadians and additional tax revenues for the federal and provincial governments. …
Additionally, the project would help wean Eastern Canada off imported oil supplies, while allowing producers to reach lucrative markets in Asia, where our oil would fetch a higher price. …
Enbridge’s Northern Gateway pipeline to the West Coast is mired in opposition, and Obama, of course, has made provocative remarks about the Keystone XL project, recently questioning the job creation figures associated with the line, which would carry bitumen from Alberta to Steele City, Neb., on its way to the Gulf Coast.
The president’s paltry estimates don’t mesh with figures produced by his own State Department and TransCanada, but Obama is missing the bigger picture. Keystone XL would also carry U.S. oil from the Bakken field in Montana and North Dakota and reduce Americans’ dependence on unstable suppliers such as Venezuela and countries in the Mideast. Apart from having dodgy human rights records, such nations, unlike Canada, have weak environmental regulations in place.
Obama and his environmental supporters also fail to acknowledge that Canadian oil will find its way to America by rail, if not by pipeline. …
Read the entire editorial online here.
Bring on the eastwest pipeline!
The Energy East pipeline from Alberta to New Brunswick is good for all Canadians. It means there's vibrant demand for oil. It means we can keep our natural resources in the country.
It means TransCanada and Irving Oil are willing to spend $12 billion on this project.
It's expected to create thousands of jobs throughout its 2430 month construction period, and once completed will deliver up to 1.1 million barrels of oil daily.
This is long overdue. And thankfully we didn't need some big government venture like the disastrous National Energy Program from the 1970s to make it happen. …
The bottom line is that aside from Nunavut, New Brunswick has the worst unemployment in Canada. The month of June put the province at 11.2%, compared to a national average of 7.1%. They need jobs, not envirorhetoric. …
Read the entire editorial online here.