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Wednesday, April 03, 2013

CIBC: Keystone XL Not Enough

"...it's increasingly important that Canada move on one or more of the alternative pipelines to get our product headed Asia's way. Canada's own central and eastern oil markets are another option, but longer term demand growth there is also likely to be lackluster."

Its worth noting TransCanada Corps. stock price after yesterday's announcement that they would push forward with an West-East line.


A few twitches.  So the market is unimpressed. That leaves The Harper Gov. trying to ram Northern Gateway and Trans Mountain down B.C.s throat.  Still.

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