Kinder Morgan has filed new reports to the National Energy Board touting the economic benefits of its proposed Trans Mountain pipeline expansion, replacing evidence that the regulator ordered removed from the record last month.
The filings include an 89-page market analysis by Dallas consulting firm Muse Stancil and an updated Conference Board of Canada tally of the project’s broader economic spinoffs. Muse Stancil estimates $73.5 billion (in 2012 dollars) will be added to producers’ bottom lines over 20 years if the Alberta-to-B.C. project goes ahead.
“This is a fairly straightforward analysis. It connects a huge source of crude oil supply with a market that has a growing demand for crude oil and it does that in a very economically efficient basis,” Muse Stancil president Neil Earnest said in an interview.
Lauren Krugel – Canadian Press – September 25, 2015.
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