Alberta Pipeline Canadian energy regulators handed a win to Alberta’s oil sands producers last week, recommending approval for a major oil pipeline expansion to the Pacific Coast. Canada’s National Energy Board determined that the expansion of the Trans Mountain pipeline is in the public interest, handing the project’s developer, Kinder Morgan, a key victory. Kinder Morgan already operates an existing pipeline that runs from Alberta to British Columbia, moving 300,000 barrels of oil per day to the coast. But the company is trying to expand the pipeline by running a twin line that would nearly triple capacity to 890,000 barrels per day. Kinder Morgan’s share price jumped by more than 3 percent on news of the NEB decision. The pipeline is one of a handful of major projects that Alberta’s oil industry is desperate to push forward. The lack of pipeline capacity is holding back Canadian oil exports, and […]