Enbridge Northern Gateway Pipeline Custom Essay

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Enbridge Northern Gateway Pipeline is one of the proposed pipeline project in Canada, it is intended to transport oil from Bruderhiem, Alberta to coastal city Kitimat, British Columbia. It is strategically crucial to Canada�s energy industry. Currently, the United States is the biggest importer for Canadian crude oil, it purchased 76% of the Canadian crude output. However, the oil production is steadily rising in the U.S. as the development in drilling technologies and the discovery of large shale oil reserve in several states. The dependence on the U.S as the largest export market put Canadian energy sector at disadvantage. As the demand for Canadian crude reduce, the price of Canadian crude sold to the U.S. has already dropped below the WTI(West Taxes Intermediary) price. Enbridge Northern Gateway Pipeline project is intended to provide Canadian oil industry access to an alternative and fast growing market: Asia.

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