Alberta's Proposed Pipeline Faces Challenges Due to Insufficient Oil Production
Alberta is facing challenges with its proposed one-million-barrel-per-day west-coast pipeline due to insufficient oil production to justify the project. The pipeline, which is intended to transport oil from the Edmonton region to southern British Columbia, is being developed by Trans Mountain, the Alberta Petroleum Marketing Commission, and Pembina. The Alberta Energy Regulator forecasts an increase in raw bitumen output from 3.558 million barrels per day in 2024 to 4.061 million in 2034, primarily through optimization and expansion of existing facilities. However, this growth is insufficient to fill the proposed pipeline, which would require a significant increase in oil production. The project is further complicated by the need for substantial new investments in oil-sands development, estimated at C$100 billion, to support the pipeline's capacity. 
