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Friday, July 5, 2013

Alberta Commits $5 Billion To Pipeline

It's looking more and more like Alberta crude will be making it's way to the Irving Oil refinery in a few years.

In a big show of support to the project,  the province's government is on board with up to 5 billion dollars over 20 years to get the crude east.

The Alberta government has signed a memorandum of understanding to take up to 100,000 barrels-a-day of firm capacity on TransCanada’s proposed Energy East pipeline.

In a tweet, Mayor Mel Norton says the next step is Trans Canada committing to building the pipeline.