{"id":26605,"date":"2017-10-09T08:07:31","date_gmt":"2017-10-09T13:07:31","guid":{"rendered":"http:\/\/olduvai.ca\/?p=26605"},"modified":"2017-10-09T08:07:31","modified_gmt":"2017-10-09T13:07:31","slug":"five-things-you-need-to-know-about-the-cancellation-of-the-energy-east-oilsands-pipeline","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=26605","title":{"rendered":"Five Things You Need to Know About the Cancellation of the Energy East Oilsands Pipeline"},"content":{"rendered":"<h3 id=\"page-title\" class=\"page__title title\"><a href=\"https:\/\/www.desmog.ca\/2017\/10\/06\/five-things-you-need-know-about-cancellation-energy-east-oilsands-pipeline\">Five Things You Need to Know About the Cancellation of the Energy East Oilsands Pipeline<\/a><\/h3>\n<article class=\"node-12188 node node-blog node-promoted view-mode-full clearfix\">\n<div class=\"field field-name-field-bimage field-type-image field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.desmog.ca\/sites\/beta.desmogblog.com\/files\/styles\/full_width_blog_image\/public\/blogimages\/15826910033_42b1e1b220_k.jpg?itok=LsAqKfzQ\" alt=\"Alberta oilsands\" width=\"826\" height=\"551\" \/><\/div>\n<\/div>\n<\/div>\n<div class=\"new-horizontal-social-bar clearfix\">\n<div class=\"new-horizontal-share-wrapper new-horizontal-email-wrapper clearfix last\">TransCanada\u2019s Energy East pipeline is<a href=\"https:\/\/www.desmog.ca\/2017\/10\/05\/transcanada-cancels-energy-east-oilsands-pipeline\" target=\"_blank\" rel=\"noopener\"> officially dead<\/a>.<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p dir=\"ltr\">Announced via<a href=\"https:\/\/www.transcanada.com\/en\/media\/\" target=\"_blank\" rel=\"noopener\"> press release<\/a> on Thursday, the news confirmed long-held suspicions that the $15.7 billion, 4,500 km oilsands pipeline simply wouldn\u2019t cut it in today\u2019s economic\u00a0context.<\/p>\n<p dir=\"ltr\">But that hasn\u2019t stopped commentators on all sides from pouncing on the cancellation as proof of their political project. Conservative politicians have<a href=\"http:\/\/www.cbc.ca\/news\/politics\/energy-east-politics-wrap-1.4338582\" target=\"_blank\" rel=\"noopener\"> lambasted the federal Liberals<\/a> for introducing carbon pricing and new rules on pipeline applications, while environmentalists have claimed the company\u2019s decision was a direct result of their\u00a0organizing.<\/p>\n<p dir=\"ltr\">DeSmog Canada is here to help wade through the mess. Here are five things you should know about the cancelled Alberta-to-New Brunswick\u00a0pipeline.<\/p>\n<p dir=\"ltr\"><strong>1. Energy East was primarily for\u00a0export<\/strong><\/p>\n<p dir=\"ltr\">Perhaps the most lingering myth about Energy East was that it would be built to displace foreign oil imports in Eastern\u00a0Canada.<\/p>\n<p dir=\"ltr\">In fact, that very notion was repeated by Alberta Premier Rachel Notley in<a href=\"https:\/\/www.facebook.com\/rachelnotley\/posts\/10155590080146427\" target=\"_blank\" rel=\"noopener\"> her Facebook post<\/a> about the cancellation: \u201cWe believe this nation-building project would have benefited all of Canada through new jobs, investment, energy security and the ability to displace oil being imported into Canada from overseas and the United States,\u201d she\u00a0wrote.<\/p>\n<p dir=\"ltr\">Except it\u2019s<a href=\"https:\/\/www.desmog.ca\/2016\/07\/27\/sinking-tarballs-whale-collisions-potential-impacts-energy-east-u-s-coast-detailed-new-report\" target=\"_blank\" rel=\"noopener\"> never been true<\/a>.<\/p>\n<p dir=\"ltr\">An application by TransCanada to the National Energy Board back in May 2016 indicated that it would ship an estimated 281 tankers per year of oil, equivalent to about 900,000 barrels per day. That\u2019s more than 80 per cent of the pipeline\u2019s planned 1.1 million barrel per day capacity, leaving around 200,000 barrels per day to be refined at New Brunswick\u2019s Irving Oil\u00a0refineries.<\/p>\n<p dir=\"ltr\">That\u2019s far below the 736,000 barrels per day that TransCanada suggested is being imported from foreign countries due to a lack of a west-to-east pipeline. In addition, Irving Oil\u2019s president suggested in 2016 that his company<a href=\"http:\/\/business.financialpost.com\/commodities\/energy\/irving-oils-president-says-it-would-keep-saudi-imports-even-if-energy-east-goes-ahead\" target=\"_blank\" rel=\"noopener\"> wouldn\u2019t necessarily displace<\/a> its use of cheaper barrels from Saudi Arabia with product from\u00a0Alberta.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Five Things You Need to Know About the Cancellation of the Energy East Oilsands Pipeline TransCanada\u2019s Energy East pipeline is officially dead. Announced via press release on Thursday, the news confirmed long-held suspicions that the $15.7 billion, 4,500 km oilsands pipeline simply wouldn\u2019t cut it in today\u2019s economic\u00a0context. But that hasn\u2019t stopped commentators on all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[103,5317,1514,13836,5778,590,3540,1350],"class_list":["post-26605","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-canada","tag-desmog-blog","tag-energy-east-pipeline","tag-james-wilt","tag-national-energy-board","tag-oil-pipeline","tag-oilsands","tag-transcanada"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26605"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26605\/revisions"}],"predecessor-version":[{"id":26606,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26605\/revisions\/26606"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}