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1. Canada will likely need more pipelines over next decade

   A memo to the Canadian Minister of Finance dated December 2015 reportedly states that “the low price environment has led to oil production forecasts being revised downwards, meaning that sufficient capacity (from both rail and pipelines) ...

2. New tidewater connections for oil exports would increase royalties for Alberta

   The importance of crude oil prices in the determination of Alberta royalty revenues from conventional crude oil and bitumen production was brought home by the large downward adjustment in estimated royalty revenues in the province’s ...