Where to Sell Alberta Oil

Canadian oil producers and governments are looking for new markets for Alberta oil because it seems regulatory processes are delaying pipeline projects such as Keystone XL and Northern Gateway pipeline.



Today's guest host was Jim Brown.

Part One of The Current

Satire

It's Monday, February 13th.

Author Greg Mortensen has asked a judge to throw out a lawsuit claiming he fabricated parts of his book, Three Cups of Tea.

Currently, Mortensen stands by the story ... though does admit that one of the cups might actually have been coffee.

This is The Current.

Where to sell Alberta oil

Prime Minister Stephen Harper has returned from China where he was greasing the path for more Canadian trade. And there are few better lubricants than the bitumen from Alberta's oil sands.

Oil sands production is at 1-point-7 million barrels a day and it's set to grow to 3 million barrels a day by 2015. Both the Canadian and Alberta governments are counting on Asian and U-S customers to buy that oil at an ever-increasing prices.

But even with eager new markets in Asia and refineries hungry for bitumen on the Gulf of Mexico, Alberta producers still must deliver the product. And that's proving difficult. Both the proposed Keystone XL pipeline to the Gulf and the Enbridge Northern Gateway pipeline to Kitimat ,BC are under intense scrutiny, to the point where both projects face serious delays and could be shelved altogether.

It's left Canadian oil producers scrambling to find alternative markets.We were joined today by three people wrestling with this problem: Janet Annesley is with the Canadian Association of Petroleum Producers. She was in Calgary. Andrew Leach is an energy economist with the School of Business at the University of Alberta. He was in Edmonton. And also in Edmonton, Satya Das, principal with Cambridge Strategies consultants and the author of Green Oil.

This half hour was produced by The Current's Ellen Saenger and Edmonton Network Producer, Gillian Rutherford.

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