Trans Mountain Pipeline Boosts Canadian Oil Revenues by $10 Billion Since Launch

Canada’s expanded Trans Mountain Pipeline has generated an estimated $10 billion in additional oil revenues since beginning operations in May 2024, according to industry analysts and government officials, validating the controversial project’s economic rationale despite massive cost overruns. The pipeline expansion, which increased daily shipping capacity to 890,000 barrels from 300,000, has narrowed the price … Continue reading Trans Mountain Pipeline Boosts Canadian Oil Revenues by $10 Billion Since Launch