Friday, February 26, 2010

Oil Supply in Atlantic Provinces and Eastern Canada

Review of "Eastern Canadian crude oil supply and its implications for regional energy security"

by Rick Munroe

Authored by Dr. Larry Hughes, an energy security analyst at Dalhousie University in Halifax, Nova Scotia.

Dr. Hughes' study entitled “Eastern Canadian crude oil supply and its implications for regional energy security” was recently published in Energy Policy (Jan. 2010, 8 pgs).

The text of Hughes’ new study is clear and concise and is supplemented by eight tables and six figures which illustrate the various points. Most notable is Figure 5:

This graph clearly illustrates the stunning decrease in imports from the North Sea (UK and Norway), which provided almost two-thirds of eastern Canadian supply in 2000. North Sea decline has forced eastern Canada to increasingly rely on Algeria, Angola and Iraq to fill the gap, all countries with political stability risks.

The rest of the article and links to reports are at the Energy Bulletin.


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