This report provides a comprehensive overview of the outlook for Alberta crude oil and bitumen production and an assessment of the economic attractiveness and feasibility of exporting oil to countries in the Asia-Pacific region instead of solely to markets in the United States. It also describes the extent of the new oil pipeline infrastructure that would be needed to allow oil exports to Asia-Pacific region under two scenarios: 1. no increase in oil sands bitumen production capacity from a base-case forecast; and 2. bitumen production capacity increased from that in the base case to supply Asian markets after 2026. The likely gross employment and overall economic (GDP) benefits from construction and operation of the required facilities are also discussed.
Here is link to their full report - http://www.fraserinstitute.org/publicationdisplay.aspx?id=18720&terms=pipeline
Best regards Dean Birks Top Office Producer 2011 Top MLS® Producer - Prince George 2011
Royal LePage Prince George
Phone/Text (Direct): 250-612-1709
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