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Basic Economics – Not Regulation – Ended the Energy East Pipeline – The Globe and Mail

TransCanada Corp. announced on Thursday that it would not proceed with its Energy East proposal to ship Western Canadian oil to Eastern Canada. Widely thought to have been felled by overzealous regulators, in truth the king of Canadian pipeline projects was dethroned by the simple loss of its business case. Happily for Western Canada, natural gas looks to return to the throne of Canadian energy…

Source: Basic economics – not regulation – ended the Energy East pipeline – The Globe and Mail

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