Herron tells CHSJ News Alberta has to find other markets because the U.S. is drying up with the Americans fast becoming energy self sufficient, largely because of shale gas development.
Herron says Alberta's problem is being landlocked which makes it difficult to get oil to the fast developing Asian markets.
Herron describes himself as being optimistic a pipeline will be built to Saint John for Alberta oil but it all depends on whether western producers can get signed deals.
He also speculates such an eventuality could increase refining capacity at the Irving Oil refinery and lead to investments in petrochemicals.
