Is a cold war brewing between Canada and the U.S. because it’s feeling a might chilly these days. Reese Energy Consulting today is following the latest headlines from our northern neighbors who are having a rough go of trying to replace old or build new pipelines that connect the two countries. Alberta-based Enbridge in June scored a court win to complete rehab construction on a 337-mile segment of Line 3. Upon replacement by year’s end, Line 3 will flow 760 MBPD of crude from Canada to N.D., Minn., and Wisc., refineries. The company’s Line 5 project, however, faces mounting opposition to replace dual pipelines under Mich.’s Straits of Mackinac that flow 540 MBPD of light crude, synthetic crude, and NGLs. Line 5 has operated without incident at the Straits of Mackinac for more than 65 years. Turning to Calgary’s TC Energy and its long-beleaguered Keystone XL project, the company has taken an extraordinary step to recoup $15 billion in damages from the U.S. government after the new Administration revoked a key permit to build the pipeline. TC Energy now has filed a notice of intent to begin a legacy NAFTA claim.
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