By Peter Lang
First published in the Chronicle Journal Oct 13, 2017
MAKE no mistake about it, we were played, big time, by TransCanada Pipelines (TCP) and Big Oil producers over the Energy Ease pipeline proposal. And while Energy East is now cancelled, we, the little people, should still try to understand what happened. For it’s never over when the game is for big profits.
When they told us that the re-purposing of the existing mainline gas pipeline was to supply Eastern Canada with domestic oil from Alberta our tendency was to approve the conversion from natural gas. But then we discovered that the ‘oil’ was actually dilbit (diluted bitumen), and that the Eastern Canada refineries really didn’t have the capacity or the massive capital needed to refine dilbit. By their ‘tidewater marketing scheme’ TCP really wanted to export it.