By Geoffrey Morgan | November 16, 2015
CALGARY – Executives in the Canadian oilpatch are dismayed the federal government is poised to ban crude oil tanker traffic on the North Coast of B.C., which would hurt the Northern Gateway pipeline’s chances of being built.
Prime Minister Justin Trudeau followed through on one of his election promises when he asked Transportation Minister Marc Garneau to “formalize a moratorium on crude oil tanker traffic on British Columbia’s North Coast” in a mandate letter published Friday.
“All of the natural resources that we, as a natural resources country, sell, we sell at the world price except for one,” Questerre Energy Corp. president and CEO Michael Binnion said, referring to oil.
He added that Canadian oil producers are forced to accept a…
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