Will Canadian Oil Spill Affect Proposed Pipelines and National Election?

SUGAR LAND--September 1, 2015--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--A rupture in a Canadian crude-oil pipeline this summer that spilled about 31,500 barrels of bitumen, sand and produced water near Fort McMurray in northern Alberta likely will make it harder for other proposed pipeline projects to win public and regulatory support, Canadian energy observers said. And that's particularly bad news for the proposed $9.2 billion Energy East Pipeline, which TransCanada Corporation (NYSE:TRP) (Calgary, Alberta) wants to build to bring crude oil from Alberta's oil sands region to eastern Canada.

Within this article: Details and analyses of how the spill could affect Canada's oil & gas production and pipeline projects.

Other companies featured: FirstEnergy Capital Corporation (NYSE:FE), Enbridge Incorporated (NYSE:ENB), Suncor Energy Incorporated (NYSE:SU), Canadian Natural Resources Limited (NYSE:CNQ), Royal Dutch Shell plc (NYSE:RDS.A)