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    market news

    Study Questions Necessity of Northern Gateway Pipeline

    Investing News Network
    Dec. 21, 2011 10:54AM PST
    Resource Investing

    Globe and Mail reported that a ForestEthics report claims there is no need to construct the Northern Gateway pipeline.

    Globe and Mail reported that a ForestEthics report claims there is no need to construct the Northern Gateway pipeline.

    As quoted in the market news:

    It said Northern Gateway’s backer,Enbridge Inc., is basing its assumptions on an “unreasonable” oil sands production growth rate — a more than tripling in output by 2035 over 2010 levels.

    Click here to read the full Globe and Mail report.

    market newsoil sands
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