Quote:
That graph by economist Trevor Tombe shows the base case for oil production growth out to 2040. You can see that Energy East isn't needed, if the other projects are built.
That would probably be OK with TransCanada, according to Robert Mark, a portfolio manager with Raymond James.
"Energy East would not be on the table if Keystone XL was not approved. Energy East is a more expensive, clunkier way to move crude west and south, but without Keystone, it's a pretty good option," he said.
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http://www.cbc.ca/news/business/cabi...872931?cmp=rss
Interesting, so TC isn't all that interested in EE if KXL gets the go ahead. Which seams like a bit of a loss for Canada as a whole as I would imagine we could get more value selling it ourselves. Buuuut Quebec is gonna Quebec.