For years I was a voice in the wilderness calling for an oil pipeline to bring western oil to Eastern Canada. Now that TransCanada and Enbridge each have plans to build one, I should be pleased. But I'm not.
Canada is in the absurd position of promising the U.S. oil security through the export of oil from Alberta, while Canada itself is the most oil insecure country in the global North.
While Canada exports two-thirds of its oil -- 99 per cent of that to the U.S. -- Quebec and Atlantic Canada rely overwhelmingly on oil imports, half of that from the volatile Middle East. Unlike all other member countries in the International Energy Agency, Canada has no strategic petroleum reserves to use when the next international oil supply crisis strikes.
Canada is in the absurd position of promising the U.S. oil security through the export of oil from Alberta, while Canada itself is the most oil insecure country in the global North.
While Canada exports two-thirds of its oil -- 99 per cent of that to the U.S. -- Quebec and Atlantic Canada rely overwhelmingly on oil imports, half of that from the volatile Middle East. Unlike all other member countries in the International Energy Agency, Canada has no strategic petroleum reserves to use when the next international oil supply crisis strikes.