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No new pipelines needed before 2025

from Energy Mix

Canada won't need new pipeline capacity to carry tar sands/oil sands bitumen for at least another decade, according to a December 2015 memo to the federal deputy minister of finance. "The low price environment has led to oil production forecasts being revised downward, meaning that sufficient capacity (from both rail and pipelines) is projected to exist to transport oil until at least 2025," stated the heavily-redacted memo, reported by Canadian Press. more

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