“The pipeline will help to lower or even eliminate the price discount on oil that reaches the East Coast. That gets us the world price for our oil, worth many billions to Canada, representing wages, tax revenues and new investments.
Just as importantly, it gives us access to markets our oil could not reach before, including in a Europe desperate to lessen its energy dependence on Russia. That reduces our reliance on U.S. consumers, and that diversification is devoutly to be wished. Washington has been dangling us on a string knowing that the entirety of our energy exports goes south. We need choices.”
Brian Lee Crowley – Managing Director – Macdonald-Laurier Institute
Globe and Mail – Energy East has benefits: Just not the ones many people think – November 28, 2014