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Douglas Channel, the proposed termination point for an oil pipeline in the Enbridge Northern Gateway pipeline project.
Douglas Channel, the proposed termination point for an oil pipeline in the Enbridge Northern Gateway pipeline project.
(DARRYL DYCK/THE CANADIAN PRESS)

GLEN HODGSON

Time is running out for a Canadian energy delivery strategy

It’s fair to say that many Canadian policy makers and business leaders are transfixed by the status of the Keystone XL pipeline. The U.S. government’s approval of the Keystone project would add 20 per cent more pipeline capacity and greatly improve Canada’s ability to supply the U.S. oil market in the near term. However, Keystone is only part of a bigger energy issue: rapidly rising U.S. oil and gas production and the threat it poses to exporters, Canada included.